Magnificent 7 stocks: How they stack up in 2026

The Magnificent 7 is a grouping of seven U.S.-listed companies whose businesses range from semiconductor design and cloud infrastructure to consumer hardware, social media, e-commerce and electric vehicles. Five of the seven sit in the Technology sector; Amazon.com ($AMZN) and Tesla ($TSLA) are both classified under Consumer Discretionary.

How we built this list: We selected these companies based on their industry and ordered them by market capitalisation. Prices are updated daily, and the list and supporting content are reviewed roughly every quarter. All data is sourced from Stake. This list isn't a recommendation and isn't ordered by suitability.

Past performance is not a reliable indicator of future performance.

Source: Stake market data. Figures in US$. Data updated as of 3 August 2026.

1. NVIDIA ($NVDA)

NVIDIA (NVDA) share price over the last year: started at US$180.00, ended at US$206.64, a change of +14.8%. Range over the period: high US$235.74, low US$165.17. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$206.64 · Daily: 2.9% · Market cap: US$5.00T · Sector: Technology · Industry: Semiconductors

NVIDIA Corporation ($NVDA) makes the chips and software that power AI infrastructure at scale. Its Compute & Networking segment covers data centre accelerated computing platforms, AI solutions and automotive technology – including software for autonomous and electric vehicles. The Graphics segment produces GeForce GPUs for gaming PCs and Quadro/NVIDIA RTX GPUs for professional workstations.

Underpinning everything is NVIDIA's CUDA platform, a software development environment that runs across all its GPUs. On top of that sit hundreds of domain-specific libraries, frameworks and APIs that developers use to build applications across data centres, gaming, professional visualisation and automotive. CEO Jensen Huang leads a workforce of 42,000 people.

2. Alphabet ($GOOGL)

Alphabet (GOOGL) share price over the last year: started at US$195.04, ended at US$373.51, a change of +91.5%. Range over the period: high US$402.62, low US$194.67. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$373.51 · Daily: 4.9% · Market cap: US$4.56T · Sector: Technology · Industry: Software & IT

Alphabet Inc. ($GOOGL) is a holding company led by CEO Sundar Pichai, with 190,820 employees organised across three segments. Google Services bundles Search, YouTube, Android, Chrome, Maps and Google Play together with the advertising business those products support. Google Cloud handles the enterprise side – infrastructure, the Vertex AI platform, Gemini, and Google Workspace tools including Gmail, Docs, Drive and Meet.

The third segment, Other Bets, covers healthcare-related services and internet services. The holding structure pulls those three businesses together under $GOOGL, from everyday consumer apps through to enterprise AI infrastructure.

3. Apple ($AAPL)

Apple (AAPL) share price over the last year: started at US$203.35, ended at US$303.42, a change of +49.2%. Range over the period: high US$340.08, low US$202.92. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$303.42 · Daily: -1.8% · Market cap: US$4.43T · Sector: Technology · Industry: Consumer Electronics

Apple Inc. ($AAPL) designs, manufactures and markets smartphones, personal computers, tablets and wearables. The iPhone, Mac, iPad, AirPods, Apple Watch and Apple Vision Pro – a spatial computer – are all part of that hardware lineup.

Services run alongside the hardware, covering the App Store, Apple Music, Apple TV+, Apple Arcade, Apple Pay, cloud storage and advertising. $AAPL employs 166,000 people across its design, manufacturing and marketing operations.

4. Microsoft ($MSFT)

Microsoft (MSFT) share price over the last year: started at US$535.64, ended at US$487.65, a change of −9.0%. Range over the period: high US$542.07, low US$352.83. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$487.65 · Daily: 4.9% · Market cap: US$3.62T · Sector: Technology · Industry: Software & IT

Microsoft ($MSFT) runs three distinct businesses under one roof: the productivity tools hundreds of millions of people use daily, a cloud and server infrastructure business anchored by Azure, and a consumer-facing arm covering Windows, Xbox gaming and search advertising.

Under chief executive Satya Nadella, $MSFT employs around 223,000 people. The Intelligent Cloud segment is where most of the growth conversation sits – Azure competes directly for the workloads companies are moving off their own servers. LinkedIn and the Dynamics suite sit in the Productivity segment alongside the familiar Office products.

5. Amazon.com ($AMZN)

Amazon.com (AMZN) share price over the last year: started at US$211.65, ended at US$284.02, a change of +34.2%. Range over the period: high US$284.02, low US$198.79. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$284.02 · Daily: 4.6% · Market cap: US$3.06T · Sector: Consumer Discretionary · Industry: Retail Stores

Amazon.com ($AMZN) runs two quite different businesses. Its retail operations cover online and physical stores, a third-party marketplace where outside sellers list their own products, and a hardware line that includes Kindle readers, Echo speakers and Ring devices. The other major piece, Amazon Web Services (AWS), provides on-demand computing, storage, database and machine learning services to developers, enterprises and government agencies. CEO Andrew Jassy oversees a workforce of 1,576,000 people.

6. Meta Platforms ($META)

Meta Platforms (META) share price over the last year: started at US$776.37, ended at US$590.24, a change of −24.0%. Range over the period: high US$790.00, low US$525.72. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$590.24 · Daily: 6.0% · Market cap: US$1.50T · Sector: Technology · Industry: Software & IT

Meta Platforms ($META) organises its business into two segments. The Family of Apps side runs Facebook, Instagram, WhatsApp, Messenger and Threads – platforms built for connecting people and sharing photos, video and ideas with audiences ranging from close contacts to the general public. Artificial intelligence is woven through the products across all of these apps.

Reality Labs is the hardware and immersive technology arm. It builds Meta Quest virtual reality (VR) headsets along with augmented reality (AR) and mixed reality (MR) devices, and sells software and content through the Meta Horizon Store. Mark Zuckerberg leads $META as CEO, with the company employing 78,865 people across both sides of the business.

7. Tesla ($TSLA)

Tesla (TSLA) share price over the last year: started at US$309.26, ended at US$322.08, a change of +4.1%. Range over the period: high US$489.88, low US$298.32. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$322.08 · Daily: 3.5% · Market cap: US$1.27T · Sector: Consumer Discretionary · Industry: Cars & Auto Parts

Tesla, Inc. ($TSLA) manufactures and sells fully electric vehicles across five consumer models – the Model 3, Model Y, Model S, Model X and Cybertruck. The automotive segment also covers used vehicle sales, insurance services, paid supercharging and sales of automotive regulatory credits to other manufacturers.

The second pillar of the business is energy generation and storage. $TSLA designs, manufactures and installs solar energy systems alongside its lithium-ion battery products, the home-scale Powerwall and the utility-scale Megapack. That positions the company across both personal transport and grid-level energy infrastructure.

Elon Musk serves as chief executive, and the company employs 134,785 people. Unlike most of the software-focused names in this article, $TSLA's primary business is manufacturing physical goods – vehicles and hardware – which brings a different cost structure and set of production risks.

Common questions

How can I invest in Magnificent 7 stocks in Australia?

All seven trade on U.S. exchanges, so you'll need a share trading platform with access to U.S. markets. You can buy shares in each company individually, or pick up exposure across all seven through a broad U.S. large-cap ETF (exchange-traded fund) – most major U.S. index funds hold these companies as significant positions. Transactions are priced in USD, so the AUD/USD rate affects what you pay to buy and what you receive when you sell.

What are the key risks of Magnificent 7 stocks?

Five of the seven sit in the Technology sector, so the group carries meaningful sector concentration – a broad shift away from tech affects most of these names at once. Regulatory pressure is a genuine structural factor too: several face scrutiny around antitrust, data privacy and AI governance across multiple jurisdictions. Because all seven are U.S.-listed and priced in USD, Australian investors also carry currency exposure – a stronger AUD reduces the local-currency value of any returns. And while these are large, established businesses, individual company performance can still diverge sharply; holding all seven doesn't eliminate single-stock risk.

What do the Magnificent 7 companies actually have in common?

The label groups seven U.S. mega-cap companies whose businesses are quite different in practice. $NVDA designs chips for AI and data centre computing; $AAPL and $TSLA manufacture physical hardware; $AMZN operates both a retail platform and a cloud services business; and $GOOGL, $MSFT and $META are primarily software and platform companies. AI is a common thread – $NVDA supplies much of the underlying hardware infrastructure, while the others are weaving it into their platforms and core products.

Disclaimer

Past performance is not a reliable indicator of future performance. When you invest, your capital is at risk. You should consider your own investment objectives, financial situation, and particular needs before making an investment decision. The value of your investments can go down as well as up and you may receive back less than your original investment. As always, do your own research and consider seeking appropriate financial advice before investing.

This is not personal financial advice nor a recommendation to invest in the securities listed. Any advice provided by Stake is of general nature only and does not take into account your specific circumstances. Trading and volume data from the Stake investing platform is for reference purposes only, the investment choices of others may not be appropriate for your needs and is not a reliable indicator of performance.

Please refer to hellostake.com/pricing for the fees that apply. When you trade securities priced in another currency, currency conversion fees may apply and movements in the exchange rate may affect your returns.

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