magnificent seven

English

Alternative forms

• Magnificent Seven

Etymology

After the 1960 Western film The Magnificent Seven.

Noun

the magnificent seven pl (plural only)

1. (business, colloquial) Seven Big Tech companies or their stock: Apple, Amazon, Alphabet Inc., Nvidia, Tesla, Meta, and Microsoft.

   Synonym: Mag7

   Coordinate term: FANG

   • 2023 July 20, “Big tech’s dominance is straining the logic of passive investing”, in The Economist‎^[1], →ISSN:

     The “magnificent seven” now account for 29% of the market value of the S&P 500, and a whopping 61% of the NASDAQ 100, up from 20% and 53%, respectively, at the start of the year.

   • 2024 July 20, Tabby Kinder, George Hammond, Hannah Murphy, Alex Rogers, quoting Boris Feldman, “Has Silicon Valley gone Maga?”, in FT Weekend, Big Read, page 6:

     “We are on the edge of an AI surge that will make the dotcom boom look like spring break,” says Boris Feldman, co-head of Freshfield's global tech practice, who advises multiple “magnificent seven” tech companies.

2. (colloquial, UK) Seven large private cemeteries established in London in the 19th century.

Further reading

• Magnificent Seven cemeteries on Wikipedia.Wikipedia