The Magnificent 7 YTD 7-7-26

Summary

Becker Business Podcast Summary

Episode: The Magnificent 7 YTD 7-7-26
Host: Scott Becker
Date: July 7, 2026

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Episode Overview

In this brief update, Scott Becker delivers a snapshot of the year-to-date performance of the "Magnificent Seven" tech stocks, highlighting noteworthy winners, laggards, and significant market shifts. The episode provides fast insights intended for business leaders and investors keeping tabs on major market movers.

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Key Discussion Points & Insights

Year-to-Date Performance of the Magnificent Seven

(00:32 – 01:55)

• Scott presents the YTD (year-to-date) performance for the group known as the "Magnificent Seven"—a collection of dominant tech stocks:
  • Stocks Up YTD:
    • Nvidia: Up approximately 4-5%
    • Amazon: Up approximately 4-5%
    • Alphabet (Google): Leading at about 13.5%
    • Apple: Also leading at about 13.5%
  • Stocks Down YTD:
    • Microsoft: Down the most, at about 20%
    • Meta Platforms: Down about 12%
    • Tesla: Down about 12.5%
• Direct commentary on being a Microsoft shareholder, reflecting on the sector's volatility.

Notable Commentary on Tesla and SpaceX

(01:16 – 01:55)

• Scott reassures listeners regarding Tesla and Elon Musk’s continued presence, despite Tesla’s decline:
  • "But don't worry too much about Elon Musk and Tesla even though they're down 12 and a half percent."
• Highlights SpaceX’s remarkable performance post-IPO:
  • "SpaceX, which is not on this list but maybe should be, it's now one of the six largest market cap companies, is up 8% since its IPO with now a market cap of about 2.13 trillion."

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Notable Quotes & Memorable Moments

• On Market Leadership:
  • "Alphabet and Apple leading the league at about 13 and a half percent." (00:45)
• On Microsoft’s Drop:
  • "Microsoft is down the most, down about 20% year to date. We're an owner directly in Microsoft, so we feel that." (00:54)
• On SpaceX’s Ascent:
  • "SpaceX, which is not on this list but maybe should be, it's now one of the six largest market cap companies, is up 8% since its IPO with now a market cap of about 2.13 trillion." (01:29)
• On Perspective:
  • "We hope you find this interesting. We certainly enjoy it." (01:47)

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At-a-Glance: Magnificent Seven YTD (As of July 7, 2026)

| Stock | YTD % Change | |----------------|---------------| | Nvidia | +4-5% | | Amazon | +4-5% | | Alphabet | +13.5% | | Apple | +13.5% | | Microsoft | -20% | | Tesla | -12.5% | | Meta Platforms | -12% | | SpaceX | +8% (post-IPO, $2.13T mkt cap) |

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Tone & Style

• The episode retains Scott's concise and informative tone, with personal notes that connect with the listener and underscore the real-world stakes for investors and business leaders.

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Useful Segment Timestamps

• 00:32: Overview of “Magnificent Seven” stock performance
• 00:54: Microsoft’s downturn, personal investment context
• 01:16: Perspective on Tesla and Elon Musk
• 01:29: SpaceX’s new status among top market cap companies

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For more business updates and market commentary, tune in regularly to Becker Business with Scott Becker.

Transcript

[A]

This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. A quick note. Thrilled to see our latest book, Building Great businesses become a US 80 day bestseller this week. God bless you all who bought the book. Thank you so much. Here's the magnificent seven year to date. Four of these are up. Nvidia, Alphabet, Apple and Amazon are up. Nvidia and Amazon about 4 to 5%. Alphabet and Apple leading the league at about 13 and a half percent. Three of the Magnificent Seven stocks are down. Microsoft is down the Most, down about 20% year to date. We're an owner directly in Microsoft, so we feel that Meta platforms down about 12% and Tesla down about 12 and a half percent. But don't worry too much about Elon Musk and Tesla even though they're down 12 and a half percent. SpaceX, which is not on this list but maybe should be, it's now one of the six largest market cap companies, is up 8% since its IPO with now a market cap of about 2.13 trillion. But again, the Magnificent Seven 4Up, Nvidia, Alphabet, Apple, Amazon 3Down, Microsoft, Tesla, Meta, Platforms. We hope you find this interesting. We certainly enjoy it. Thank you for listening to the Becker Business and the Becker Private Equity podcast. And thank you to our great producer Chanel Bunger. Thank you very much.