"The Magnificent Seven: Unraveling the Tech Stock Phenomenon"

Market strategist Mike O’Rourke, who coined the term "Magnificent Seven" for big-tech, believes that Nvidia and Meta Platforms should strike out on their own due to recent events, leading to the end of the era dominated by the seven largest stocks in the S&P 500. He notes a clear divergence in earnings performance among the Magnificent Seven, with Nvidia and Meta Platforms showing lower multiples and faster growth compared to other members. O’Rourke suggests that investors will start rotating towards the winners and new opportunities as the era of the Magnificent Seven driving S&P 500 gains comes to a close.