Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths
Posted
July 7, 2026
Views
2,624
Likes
25
Comments
1
Engagement
July 7, 2026
2,624
25
1
0.99%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Episode Timeline
Every episode in order around the one you’re watching — click any card and the page flips straight to it.
2:54Now PlayingRyan 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.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Saturday & Sunday 7am-10am ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
