The Magnificent 7 stocks, a group of leading technology companies, have shown strong performance recently. Tesla (TSLA) led gains with a 23.65% increase on the S&P 500 heatmap this week and an 18% rise over the past week. The ARK Invest ETFs hold substantial positions in these companies, including $789.8 million in Tesla, $198.4 million in Meta, $157.4 million in Amazon, $57.7 million in Nvidia, and $19.8 million in Alphabet (Google). Microsoft and Apple are notably absent from ARK's holdings. The MAGS ETF, which tracks these stocks, rose 3% on April 25 and nearly 10% over the past five days. Earnings reports are upcoming for Microsoft, Meta, Apple, and Amazon next week, while Google and Tesla reported earnings this week. Nvidia's earnings are expected in late May. Other weekly performance figures include Amazon up 9.5%, Nvidia 9.4%, Meta 9.1%, Google 6.8%, Microsoft 6.5%, and Apple 6.2%. Broader market indices showed smaller gains, with the Nasdaq 100 (QQQ) up 1%, the S&P 500 (SPX) up 0.7%, while the Russell 2000 (RSP) and iShares Russell 2000 ETF (IWM) declined slightly by 0.2%.