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Chart of the Week: A diverging Magnificent Seven

Increasing AI scrutiny is dividing the group into winners and losers

This article is an on-site version of our Unhedged: Chart of the Week newsletter. You sign up here to get the newsletter delivered every Saturday, or explore all FT newsletters

Good morning. Is the ‘Magnificent Seven’ losing its glory? Since the final quarter of 2025, the famous cluster of Big Tech stocks has languished. Alphabet’s gains are helping to keep the Mag 7 in positive territory, whereas chip company Nvidia, the biggest gainer in the group over the past few years, has faltered. 

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