Definition
A nickname for seven of the largest US technology-related companies.
The story
These seven are so big that together they make up a large share of the S&P 500 and an even larger share of the Nasdaq-100. When they report earnings, the whole market pays attention, because their results can swing the indexes on their own.
Why markets watch it
Their earnings and moves can carry the whole index.
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms