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Big Technology Podcast · Friday, July 24, 2026

MAG 7 Stocks Experience Largest Aggregate Decline in Five Years

Ronjon Roy notes that the 'MAG 7' stocks experienced their largest aggregate decline in five years on Thursday. This market movement, which does not include SpaceX, is seen as a potential indicator of broader economic shifts related to AI investments.

tickerMAG 7

The tape

2 quotes
MAG 7, I think yesterday, we're recording on Friday here. On Thursday, it was the largest aggregate decline in Mag 7 in five years, I believe I saw it was.
Ronjon Roy
So, this stuff, and that's not counting SpaceX, which we can talk about later. So, I think it's going to be real.
Ronjon Roy
Heard on Big Technology Podcast — “What Happens If AI Fails?, Subprime Data Center Crisis, How Bad Can SpaceX Get?, published Friday, July 24, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06