The Magnificent 7 stocks (Apple, Microsoft, Alphabet/Google, Amazon, Nvidia, Meta, Tesla) have dominated the S&P 500 gains in recent years, with their combined market capitalization representing 32-33% of the index at the end of October, roughly double their share from 5 years ago.

factualpending

Speaker

Howard Marks

Evidence Quote

the market capitalization of the seven largest components of the S&P 500 represented 32 to 33% of the index's total capitalization at the end of October that percentage is roughly double the leader share 5 years ago

Source

On Bubble WatchOaktree Capital
Created: 8/11/2026, 7:51:42 AM

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