Only one ‘Magnificent 7’ stock is having a truly magnificent year. The reason may surprise you

Apple Inc. (Nasdaq: AAPL) shares rose 1.17% on Monday, reclaiming the title of the world's most valuable publicly traded company with a $4.95 trillion market cap. Apple surpassed Nvidia (Nasdaq: NVDA), which saw its valuation drop to $4.77 trillion after shares fell 4.99%. Both companies, along with Microsoft, Alphabet, Meta Platforms, Amazon, and Tesla, comprise the Magnificent 7. While Apple leads, Microsoft and other Big Tech firms have experienced share declines this year.