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

On Monday, shares of Apple Inc. (Nasdaq: AAPL) rose 1.17% and the tech giant became the world’s most valuable publicly traded company, with a market cap of $4.95 trillion. It took the title from Nvidia, which saw its shares (Nasdaq: NVDA) fall 4.99%, ending the day with a $4.77 trillion valuation. The chipmaker has held the spot for over a year after taking it from Microsoft. All three companies are part of the so-called Magnificent 7 bundle of stocks, with the others being Goo...