Magnificent Seven latest: What does Musk’s row with Trump mean for big tech stocks?

As Elon Musk and Donald Trump’s relationship implodes, could the wider Magnificent Seven be impacted?

Close-up of a tablet with a high-tech AI-assisted investing chart
(Image credit: primeimages via Getty Images)

Big tech stocks, in particular the ‘Magnificent Seven’, have dominated the stock market for more than two years.

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Stock

Trailing P/E ratio

Forward P/E ratio

Alphabet*

19.38

18.85

Amazon*

34.80

33.86

Apple*

31.87

28.09

Meta*

27.27

27.51

Microsoft*

36.35

32.63

Nvidia*

45.71

29.23

Tesla*

168.86

139.34

S&P 500 average^

23.37

22.51

NASDAQ 100 average^

30.59

28.05

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Dan McEvoy
Senior Writer

Dan is a financial journalist who, prior to joining MoneyWeek, spent five years writing for OPTO, an investment magazine focused on growth and technology stocks, ETFs and thematic investing.

Before becoming a writer, Dan spent six years working in talent acquisition in the tech sector, including for credit scoring start-up ClearScore where he first developed an interest in personal finance.

Dan studied Social Anthropology and Management at Sidney Sussex College and the Judge Business School, Cambridge University. Outside finance, he also enjoys travel writing, and has edited two published travel books.