magnificent seven

English

Alternative forms

Etymology

After the 1960 Western film The Magnificent Seven, itself based on Seven Samurai (1954).

Noun

the magnificent seven pl (plural only)

  1. (business, colloquial) Seven Big Tech companies or their stock: Apple, Amazon, Alphabet, Nvidia, Tesla, Meta, and Microsoft.
    Synonym: Mag7
    Coordinate term: FANG
    • 2023 July 20, “Big tech’s dominance is straining the logic of passive investing”, in The Economist‎[1], →ISSN:
      The “magnificent seven” now account for 29% of the market value of the S&P 500, and a whopping 61% of the NASDAQ 100, up from 20% and 53%, respectively, at the start of the year.
    • 2024 July 20, Tabby Kinder, George Hammond, Hannah Murphy, Alex Rogers, quoting Boris Feldman, “Has Silicon Valley gone Maga?”, in FT Weekend, Big Read, page 6:
      “We are on the edge of an AI surge that will make the dotcom boom look like spring break,” says Boris Feldman, co-head of Freshfield's global tech practice, who advises multiple “magnificent seven” tech companies.
  2. (colloquial, UK) Seven large private cemeteries established in London in the 19th century.

Further reading

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