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WHAT MOVED THE MARKET TODAY

Magnificent Seven

7 stocks · cap-weighted, ETF-derived weights · Aug 25, 2026 close
67.63
+22.10 (+48.54%)
MAGS 67.63 · +22.1 pts (+48.54%) 2Y
77.2967.4957.6947.8938.09EW +58.66%H 70.94 · May 14L 40.50 · Apr 8
Aug 20, 2024Feb 21, 2025Aug 25, 2025Feb 24, 2026Aug 25, 2026
Breadth
7 / 7
stocks rose with the index
Concentration
68%
of the gain from NVDA, GOOGL, AMZN
Biggest driver
NVDA +5.62
NVIDIA Corporation, +67.70%
Biggest drag
META −2.05
Meta Platforms, Inc., +8.94%

What drove it

7 members · drivers first · 2Y · residual 580.5bp exceeds 60bp gate

The MAGS rose 48.54% (+22.10 pts) over two years, and 68% of that gain came from just three stocks: NVDA, GOOGL, AMZN.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+24.6 pts from 6 gainers2.1 pts from 1 losers
net +22.1 pts · gainers outweigh losers 12.0 to 1
Stock
Points
Return
MAGSsum of all 7 stocks
+22.1
100%
+48.54%
NVDANVIDIA Corporation
+5.6
25%
+67.70%
GOOGLAlphabet Inc.
+5.2
23%
+109.15%
AMZNAmazon.com, Inc.
+4.2
19%
+45.94%
AAPLApple Inc.
+3.8
17%
+37.83%
TSLATesla, Inc.
+3.3
15%
+58.41%
MSFTMicrosoft Corporation
+2.4
11%
+17.36%
METAMeta Platforms, Inc.
−2.1
−9%
+8.94%

Attribution map

slicing the +22.10 pt move · cell size = points contributed · color = direction, intensity = return
NVDA+5.6 pts(+67.7%)
GOOGL+5.2 pts(+109.1%)
AMZN+4.2 pts(+45.9%)
AAPL+3.8 pts(+37.8%)
TSLA+3.3 pts(+58.4%)
MSFT+2.4 pts(+17.4%)
META−2.1 pts(+8.9%)

Concentration curve

cumulative share of the +22.10 pt move · sorted by contribution
0%50%100%2457stocks:3 stocks = 68%100% covered at 5

When they drove it

cumulative points through the period
0NVDA +5.62GOOGL +5.19AMZN +4.22META −2.05Aug 20Aug 25

Breadth

member returns, this period
0%+25%+50%+75%+100%
From +8.94% (META) to +109.15% (GOOGL). Equal-weight, the MAGS would be +58.66% vs the actual +48.54%; the gap is what cap weighting did.

By sector

point contribution · sums to +22.10 pts
Unknown7
+22.5

The year, session by session

every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUG

Share this move

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SESSIONSETTLEDBOARDMAGS 2YMEMBERS7RESIDUAL580.5BP / 60BP GATESRCNASDAQ · CBOE · ALPHA VANTAGEWMTMT.COM