Broadcom and Oracle Earnings Highlight Shift From ’Magnificent Seven’ to ’Ten Titans’
Broadcom (AVGO) and Oracle (ORCL) have shattered expectations with earnings reports that propelled both stocks to record highs. Their five-year returns—925% and 475% respectively—eclipse nearly all members of the fading 'Magnificent Seven' cohort. The emergence of a new 'Ten Titans' group, which adds Broadcom, Oracle, and another unnamed firm to the original seven, now commands 39.1% of the S&P 500's weight.
These companies are rewriting investment narratives through dominance in cloud infrastructure and AI. Broadcom has transformed from a semiconductor dividend play into an AI enabler, while Oracle's cloud infrastructure growth defies its legacy software image. Their market cap now rivals that of Tesla, signaling a power shift in tech leadership.
