Magnificent Seven Back, Lead Market Higher [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE The Magnificent Seven helped drive the market sideways this year. At one point, not a single stock traded at a higher price than the S&P 500 during 2026. All of that has changed quickly. Axios created a simple chart that showed the price of the Mag 7 as a composite. At the start of the year, it was valued at $65. The composite dropped to $55 in late March and early April. Now, the index trades at $66.32. READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocks What happened? The Mag 7 are 33% of the value of the S&P 500. That gives them an outsized effect on the index. What happened is mostly Nvidia ( NASDAQ: NVDA ), which is up over 8% year to date. Amazon ( NASDAQ: AMZN ) happened, too. It is up 7.5%. Alphabet (NASDAQ: GOOG) is up 7%. Microsoft ( NASDAQ: MSFT ) is still the dog, down 14%. And, Tesla ( NASDAQ: TSLA ) is off 12% What happened? To a large extent, a
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AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 4/17/26 - Form 144
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- AMZN's page on the SEC website