News Summary

• The Magnificent 7, comprising Microsoft (MSFT), Meta Platforms (META), Amazon.com (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla (TSLA), collectively account for nearly 34% of the S&P 500’s market capitalization.
• NVIDIA is exceptional with almost forty cents of every dollar in sales converted to free cash flow.
• The group has achieved total returns of 280% and 1,093%, respectively, since the start of the ChatGPT era at the end of 2022.