The Magnificent Seven's earnings jumped 63.2% year over year, according to FactSet. Other S&P 500 companies also had decent growth.
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Magnificent Seven Post Best Earnings In Nearly 5 Years. Sign Of A Bubble?
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04:02 PM ET 05/26/2026
The Magnificent Seven's first-quarter earnings are in the books, and the seven companies registered their best profit growth in nearly five years. All remain pillars of the S&P 500 index. Collectively, Mag 7 earnings jumped 63.2% year over year, according to a report from FactSet. That's the best increase since the second quarter of 2021, when a post-Covid boom saw…
S&P 500 Q1 earnings grew 27-28% YoY, the highest since Q4 2021. Magnificent Seven posted 63.2% EPS growth while non-Mag7 hit…
Shares of all but two stocks in the "Mag 7" are in the red this year as worries mount about tech giants' soaring AI-fueled capex…
But the dominance of the Mag 7 is likely to come to an end this year, many on Wall Street believe—if only because their…
The Magnificent Seven posted 21-22% EPS growth driven by AI demand, but soaring capital expenditures and widening performance…
Investors are picking between winners and losers in tech, as opposed to just herding into the index or tech stocks as a whole.
ATHs everywhere, Mag7 nowhere: cash flow disappoints, capex explodes, and valuations at 10-year lows.
