The 'Magnificent Seven' drove the stock market to record highs in recent years. Is the trade over?
Published on 22/02/2026 09:20 PM
The 'Magnificent Seven' drove the stock market to record highs in recent years. Is the trade over?Shares of all but two stocks in the "Mag 7" are in the red this year as worries mount about tech giants' soaring AI-fueled capex and earnings growth rate.By CNBC Pro | Pia Singh February 22, 2026, 9:20:20 PM IST (Published)The "Magnificent Seven" that propelled the broader market to record heights in recent years has been flipped on its head this year.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers