💼 Business 1d ago · Sarah Fielding

Only one ‘Magnificent 7’ stock is having a truly magnificent year. The reason may surprise you

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Only one ‘Magnificent 7’ stock is having a truly magnificent year. The reason may surprise you
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On Monday, shares of Apple Inc. (Nasdaq: AAPL) rose 1.17% and the tech giant became the world’s most valuable publicly traded company, with a market cap of $4.95 trillion. 



It took the title from Nvidia, which saw its shares (Nasdaq: NVDA) fall 4.99%, ending the day with a $4.77 trillion valuation. The chipmaker has held the spot for over a year after taking it from Microsoft. 



All three companies are part of the so-called Magnificent 7 bundle of stocks, with the others being Google parent

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