magnificent seven
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English
Alternative forms
Etymology
After the 1960 Western film The Magnificent Seven.
Noun
the magnificent seven pl (plural only)
- (business, colloquial) Seven Big Tech companies or their stock: Apple, Amazon, Alphabet Inc., Nvidia, Tesla, Meta, and Microsoft.
- 2023 July 20, “Big tech’s dominance is straining the logic of passive investing”, in The Economist, →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.
- (colloquial, UK) Seven large private cemeteries established in London in the 19th century.
Further reading
Magnificent Seven cemeteries on Wikipedia.Wikipedia
