Rumbles within the Magnificent Seven

There is some movement afoot in the Magnificent Seven group of titles.

Actions of AlphabetGoogle’s parent company, rose 2.4% on Wednesday, giving the company a market capitalization of $3.89 trillion. In the meantime, Applethe parent of the iPhone (so to speak), fell 0.8% and ended the day with a capitalization of 3.85 trillion dollars.

This is the first time since 2019 that Alphabet has overtaken Apple in terms of valuationand another sign of how late the Cupertino-based company is in the artificial intelligence race. Apple’s promised launch of a smarter Siri, its AI voice assistant, in 2025 has been delayed and is still missing a concrete release date.

Meanwhile, Alphabet’s rapid deployments of new AI models and generators have this gained it more users and investorswhich makes it the best performing action among Big Tech last year.

The movement, on a more literal level, was a point of contention for Tesla And Nvidia. Jensen Huang, CEO of Semiconductor Behemoth, announced almayo, an AI reasoning model for the development of autonomous vehicles, during the CES conference on Monday.

While Tesla CEO Elon Musk recognizes He sees this “perhaps competitive pressure on Tesla,” he added, adding that Tesla will only become a challenger in “5 or 6 years, but probably more.”

For what it’s worth, this isn’t the first time Elon Musk has sidelined competitors. In October 2011, he said in an interview: “I don’t think [BYD has] an excellent product.” In 2025, BYD has overtaken Tesla as the world’s largest seller of electric vehicles.