← Becker Private Equity & Business Podcast
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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's Discussions the Magnificent Seven nine Quick Notes Winners, Losers and More so here's where we're at on the Magnificent Seven. First four of them are up so far year to date, three are down. We'll get into the specifics in a second. Second, the four that are up are Nvidia, Apple, Google and Amazon. Nvidia is up almost 20% year to date, Apple about 16%, Google about 14% and Amazon is up 11%. To give you this by market cap, the five biggest market cap companies in the country are Nvidia, then Apple, then Alphabet, then Microsoft and Amazon. So again, Nvidia, Apple, Alphabet, Google, all having great years. Third, the three that are down. Of the magnificent seven Meta platforms, Microsoft and Tesla, the biggest losers to date are Meta platforms and Microsoft. Meta's down about 9 and a half percent to 10%, Microsoft about 9%, Tesla's about 6%. But again, Tesla remains year to date down year to date. But Elon Musk between Elon Musk, SpaceX, Tesla, a lot of balls in the air. Fourth, meta platforms hampered by artificial intelligence spent it's budgeting this year about $125 billion 2026 but its revenues are improving and again, I wouldn't bet against Meta platforms and Mark Zuckerberg. Jason Wang says about Meta, praises Meta, says nobody uses AI better than Meta and Meta stock rebounding a little bit. Fifth, Nvidia has reaches has reached unheard of heights. It's got a market cap of about 5.4 trillion. Congratulations to Jensen Wong who you found just a moment ago complimenting Meta platforms and Mark Zuckerberg. Sixth, in the Magnificent Seven news, Apple jumps on iPhone sales. It jumped nearly 15 in May, brought itself back up to number two in market cap after Nvidia, about 4.6 4.7 trillion in market cap. Sales are really growing the iPhone and that's the ecosystem that allows them to make money off of everything else. Seventh, Microsoft and software firms have been struggling, though you're seeing somewhat of a recovery after a big punch earlier this year. Lots of concerns that AI would ruin software as a service businesses. Right now Microsoft seems to be again holding its own. There seems to be a lot of opportunity in Microsoft. So I wouldn't again, just like I wouldn't bet against meta platforms, I wouldn't bet against Microsoft either. Finally, 8th Amazon leads in revenues of Magnificent Seven companies. It's one of the ones that's up this year. It's number one on the list of companies by revenues in the U.S. and we'll give you as number nine. Those five companies, but Amazon's doing great. The five biggest U.S. companies by revenues Amazon, then Walmart, Apple, UnitedHealth and Alphabet. Those are our five biggest by revenues. Again, we hope you enjoyed this quick take summary of what's going on with Magnificent Seven. Of course we watch it closely. It's interesting. We're investing in some of these directly. Others were involved were invested in it through the S and P and through through the the, you know, SB index funds. But, but all fascinating to watch. Thank you so much for listening to the Becker Business and the Becker Private Equity podcast. Thank you very, very much.
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