Much of the year's rally is due to the buoyancy seen among some of the biggest of the mega-cap stocks that are collectively called the "Magnificent seven." SPAC King Chamath Palihapitiya weighed in on the trend and its associated risks.What H***ened: Captioning his post as "Magnificent Seven (M7) or Bust," Palihapitiya noted that these seven stocks h***e been trouncing all the other stocks this year. Magnificent Seven is the collective name given to mega-cap tech names, namely Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:M***T), Meta Platforms, Inc. (NASDAQ:META), Tesla, Inc. (NASDAQ:TSLA), Amazon, Inc. (
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