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muriel_volestrangler

(106,686 posts)

11. "The Magnificent 7" stocks is an out-of-date concept

Mon Jun 1, 2026, 11:10 AM

Monday

For some time (this shows it was some time during 2025), Broadcom has had a significantly higher market capitalization than Tesla. So Tesla ought to have been disregarded in a definition of "the seven", but people didn't (because they didn't want to point out Musk was not handling Tesla well?). It looks like Meta has recently dropped below Tesla (not surprised - Facebook etc. are vulnerable to going out of fashion, compared to TikTok or whatever comes next). But "SpaceX", whose valuation largely rests on unrealistic expectations for xAI succeeding) has no justification for being more "magnificent" than Broadcom.

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OGBuzz

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Highlight:

SpaceX going public...this should be mandatory reading for everyone with a 401K. [View all] OGBuzz Monday OP

My answer is YES...................... Lovie777 Monday #1

with thiel seemingly out rampartd Monday #2

That's a good take. It will make the MAG 8 bucolic_frolic Monday #3

"The Magnificent 7" stocks is an out-of-date concept muriel_volestrangler Monday #11

Not sure there is really much I can do... Happy Hoosier Monday #4

My impression is that managed funds and ETFs will be in a good position GreatGazoo Monday #7

May have to rebalance my 401K Happy Hoosier Monday #10

That fund looks good, VTSAX GreatGazoo Monday #13

Forced rebalancing will happen in the QQQ before the Russel or S&P GreatGazoo Monday #5

The Raw Story article only stated that there is a total $30 trillion sitting in 401K's, I don't think they OGBuzz Monday #8

RawStory embeds the X post from Waqas which says: GreatGazoo Monday #12

See the thread I posted about this a week ago: highplainsdem Monday #6

Thanks for re-posting, I missed it on the 25th. OGBuzz Monday #9