Nasdaq 100 to rebalance due to 'magnificent seven' dominance

The Nasdaq 100 (^NDX) will be adjusting the weighting of its components because of the outsized gains the "magnificent seven" (Apple (APPL), Tesla (TSLA), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOGL), Meta (META), and Amazon (AMZN)) have seen recently. Nasdaq Global Markets Reporter Jill Malandrino reports the details.