August 19, 2025 Magnificent 7 is more concentrated in the S&P 500 than ever, but not in profits The Daily Editor The Daily mohd izzuan/iStock via Getty Images The concentration of the Magnificent Seven within the S&P 500 (SP500) continues to rise, but their profit growth has not kept pace with the outsized share of the index they represent. Currently, the Magnificent Seven—Amazon (AMZN), Alphabet (
