Microsoft’s stock is trading at a rare discount to Alphabet’s, as the ‘Magnificent Seven’ reshuffle intensifies

Microsoft’s stock is trading at a rare discount to Alphabet’s, as the ‘Magnificent Seven’ reshuffle intensifies

By Christine Ji
Publication Date: 2026-02-19 18:18:00

The artificial-intelligence trade is upending the long-standing pecking order of Big Tech valuations as investors hunt for the next big winners and losers.