Ryan Vlastelica, Bloomberg Equities Reporter, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk about his story on how the Mag 7 seems to be loosing their grasp on the top of the market.

For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.

While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. The artificial intelligence trade that made a market force out of those tech behemoths Nvidia Corp., Alphabet Inc., Apple Inc., Microsoft Corp., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc. is still on.

Bloomberg videos, provided by MT Newswires