Andreas Schroeder Head of Index Research and Design, Europe Achal Srivastav Senior Quant Analyst, FTSE Russell Global stock markets have become more concentrated - but not in every way. In recent years a few high-profile tech companies have dominated the returns of both US and global stock indices. Mega-cap companies in the “Magnificent Seven” (Apple, Tesla, Nvidia, Microsoft, Alphabet, Meta, and Amazon) now account for a much bigger share of the equity indices than they did in the past.
