Magnificent Seven Market Cap Soars to $17.6 Trillion in 2024

The combined market capitalization of the Magnificent Seven stocks—Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla—reached $17.6 trillion as of December 31, 2024. This marks a remarkable 46.5% growth in 2024, nearly double the 24.1% growth of the broader S&P 500 during the same period.