The Magnificent Seven have delivered extraordinary returns of more than 4,500% over the past decade, transforming the investment landscape. But the question investors should be asking isn't what they've achieved – it's who will still be leading the AI revolution five years from now?
The era of the ‘Magnificent Seven’ as a unified market trade is coming to an end, predicts Nigel Green, CEO and founder of financial advisory giant deVere Group, who predicts that within five years only three of today’s mega-cap tech giants will still command the premium valuations associated with being viewed as the dominant winners of the AI revolution.