Magnificent Seven Stocks: 28% Growth for Amazon's AWS

In 2026, the 'Magnificent Seven' companies have experienced a market pullback, trading at their lowest valuation relative to the S&P 500 in over a decade. Amazon (AMZN) noted a 28% growth in its AWS cloud unit in the last quarter, while Microsoft (MSFT) trades at approximately 20 times forward earnings, down around 20% this year. Meta Platforms (META) faces scrutiny over a $145 billion capital budget. This context suggests potential investment opportunities for those seeking lower valuations in leading tech stocks.