📈 Magnificent Seven Market Cap Pulls Back to $19.3T After Record

After reaching a record $19.8 trillion market cap on August 14, 2025, the “Magnificent Seven” slipped 2.2% ($0.43 trillion) to $19.3 trillion by August 19. Despite the decline, the group remains up 9.7% ($1.71 trillion) year-to-date. 

The pullback—led by Nvidia, Microsoft, and Meta—reflected a broader tech sector sell-off, fueled by concerns over AI investment returns, overvaluation risks, rising yields, and technical trading patterns. While near-term pressures weigh on valuations, the long-term outlook remains anchored in the companies’ AI-driven growth potential.