The Kobeissi Letter(@KobeissiLetter):Wall Street is paying less attention to the Magnificent 7: Monthly mentions of the "Magnificent Seven" across news stories on the Bloomberg terminal are down to ~1,400, near the lowest since Q4 2023. This marks a -70% decline from the Q1 2024 peak of ~4,300 mentions, which came shortly after the term was introduced in 2023. A similar pattern occurred with the "FANG" and later "FAANG" labels, originally referring to Facebook, Amazon, Netflix, and Google before Apple was added. Monthly mentions of "FANG" and "FAANG" surged to a record ~2,800 in Q4 2018. Subsequently, they dropped -82%, to just ~500 mentions by early 2020. Investor attention has shifted away from the Mag 7.

2026.08.09 00:35

Wall Street is paying less attention to the Magnificent 7: Monthly mentions of the "Magnificent Seven" across news stories on the Bloomberg terminal are down to ~1,400, near the lowest since Q4 2023. This marks a -70% decline from the Q1 2024 peak of ~4,300 mentions, which came shortly after the term was introduced in 2023. A similar pattern occurred with the "FANG" and later "FAANG" labels, originally referring to Facebook, Amazon, Netflix, and Google before Apple was added. Monthly mentions of "FANG" and "FAANG" surged to a record ~2,800 in Q4 2018. Subsequently, they dropped -82%, to just ~500 mentions by early 2020. Investor attention has shifted away from the Mag 7.