QUICK SPARK: S&P 493 Hammers Magnificent Seven in the Year of the Underdog

Benzinga

07/24

An exchange-traded fund holding the S&P 500 minus those seven names is outperforming the Magnificent Seven group by nearly 17 percentage points this year. Tesla Inc. (NASDAQ:TSLA) missed on earnings,...

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(NASDAQ:TSLA) missed on earnings,...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/07/60669594/magnificent-seven-sp-493-xmag-mags-2026-performance-gap\">网页链接</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QUICK SPARK: S&P 493 Hammers Magnificent Seven in the Year of the Underdog</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQUICK SPARK: S&P 493 Hammers Magnificent Seven in the Year of the Underdog\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2026-07-24 22:39</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>An exchange-traded fund holding the S&P 500 minus those seven names is outperforming the Magnificent Seven group by nearly 17 percentage points this year. \nTesla Inc. (NASDAQ:TSLA) missed on earnings,...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/07/60669594/magnificent-seven-sp-493-xmag-mags-2026-performance-gap\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.benzinga.com/markets/equities/26/07/60669594/magnificent-seven-sp-493-xmag-mags-2026-performance-gap\">Benzinga</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237438978.USD","symbol_name":"Amundi Funds US Pioneer A2 (C) 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(NASDAQ:TSLA) missed on earnings, with free cash flow turning negative.\nTesla lost 14.52% on the day. Alphabet lost 7.13%.\nLast year the trade ran the other way. MAGS returned 22.99% in 2025 against 15.63% for XMAG.\nThe Magnificent Seven have stopped carrying the market in 2026. Through Thursday’s close, an equal-weight basket of Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla was down about 3.6% for the year, while the broader S&P 500 had gained roughly 8.2% over the same period.\nThe weakness is uneven but severe. Tesla had fallen about 29%, Microsoft nearly 21% and Meta 8%. Alphabet and Amazon were barely positive. Apple, up roughly 18.5%, and Nvidia, up 12%, were the only clear winners by a wide margin, leaving the group increasingly dependent on two stocks.\nThe split widened on July 23, when all seven shares fell and the equal-weight basket dropped about 4.7%. Alphabet and Tesla led the decline, putting fresh attention on whether enormous commitments to artificial intelligence, data centers, robotaxis and robotics can generate adequate returns for future shareholders.\nThat matters because these companies remain among the largest weights in major U.S. indexes. Their earlier gains made benchmarks unusually dependent on a small technology cluster; their 2026 underperformance has broadened market leadership. Investors are no longer rewarding AI spending automatically. They want clearer evidence that escalating investment will produce durable cash flow and profits.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}