Retail investors' activity in the Magnificent Seven technology stocks fell to a four-year low, according to Citigroup equity strategists. Over the five days through Friday, retail traders accounted for just 6% of total trading in Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, down from levels that frequently topped 20% in 2023 and 2024. The decline began late last year and continued into 2026, with Nvidia seeing the steepest drop as retail interest fell to 8.1% of its activity last week. Overall retail trading volumes fell 15% in June, even as total market volume rose 12%, and Vanda Research noted that net buying of individual stocks was lower than in 95% of observations since 2020. The Magnificent Seven gauge was down 3.1% year-to-date through Monday, while the S&P 500 added 8.7%.
Apple Inc.
Amazon.com Inc
Alphabet Inc Class C
Microsoft Corporation
NVIDIA Corporation
Citigroup Inc.
Meta Platforms Inc.
Tesla Inc