Predicting 2026: Will the Magnificent 7 tech stocks continue to diverge?

Predicting 2026: Will the Magnificent 7 tech stocks continue to diverge?

Financial Times columnist Gillian Tett predicted that the Magnificent 7 tech stocks were not going to fall, but they wouldn’t ride a lot higher either in 2025. What actually happened was a bit of a mixed bag, and Gillian says that sets these companies up for diverging paths in 2026. The era of an artificial intelligence tide lifting all boats seems to be drawing to an end.


Mentioned in this podcast:

Forecasting the World in 2025

Forecasting the world in 2026


Note: The FT does not use generative AI to voice its podcasts


Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Victoria Craig and Marc Filippino. Our show was mixed by Kent Militzer. Additional help from Gavin Kallmann, Michael Lello and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.


Read a transcript of this episode on FT.com

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Tuesday, May 14

Tuesday, May 14

The heightened trade war with China hands US stocks their biggest one-day drop in months, Uber shares lose more than a tenth of their value in the ride-hailing app’s second day of trading and a Califo...

14 Maj 20199min

Monday, May 13

Monday, May 13

Donald Trump’s top economic adviser, Larry Kudlow, raises the prospect of a face-to-face encounter between the US president and China’s Xi Jinping, three influential advisory groups encourage Volkswag...

13 Maj 20199min

Friday, May 10

Friday, May 10

US President Donald Trump breaks the silence on escalating tensions with North Korea, US-China trade talks kick off in DC and a London-based boutique advisory firm stands to make $27m in fees for its ...

10 Maj 20198min

Thursday, May 9

Thursday, May 9

The US has imposed new sanctions on Iran’s metal sectors after Iran said it would cease to comply with parts of the 2015 nuclear deal, Disney writes down $353m from its stake in Vice Media and Tokyo p...

9 Maj 20198min

Wednesday, May 8

Wednesday, May 8

Global equities suffered one of their biggest declines of the year on fears about a US-China trade war, Lyft shares slip even further below their $72 IPO price after the company said warns about slowi...

8 Maj 20199min

Tuesday, May 7

Tuesday, May 7

Senior US officials accuse China of backtracking on its pledges in negotiations to end the trade war, Anadarko Petroleum’s board of directors backs Occidental Petroleum’s $55bn bid, and former Goldman...

7 Maj 20199min

Monday, May 6

Monday, May 6

US president Donald Trump threatens to raise tariffs on all Chinese imports to 25 per cent, Occidental Petroleum adds more cash to the structure of its $55bn offer to buy Anadarko Petroleum and the Eu...

6 Maj 20198min

Friday, May 3

Friday, May 3

Investors flock back to a complex debt-derivatives product blamed for amplifying losses in the financial crisis, thousands of US screenwriters take on their private equity-backed agents, and the billi...

3 Maj 20198min

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