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AI Adoption Is Reshaping Growth Opportunities Beyond The Magnificent 7

Source: SeekingAlpha

2026-04-29 09:45:00 ET

By Jay Jacobs

Beyond the Magnificent 7: AI fuels broader earnings growth

The U.S. equity market has reached historic levels of concentration. The top 10 companies now represent 37.92% of the S&P 500 2 , and in 2023 & 2024, the Magnificent Seven 1 (the largest U.S. tech stocks) delivered over 30% annual earnings growth. 3 ...

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AI Adoption Is Reshaping Growth Opportunities Beyond The Magnificent 7
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