Tesla, Apple, Nvidia, Meta: Why big tech gains are forcing a Nasdaq 100 rebalance

The "magnificent seven" is comprised of some of the biggest stocks in the market Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Tesla (TSLA), Meta (META), Microsoft (MSFT), Alphabet (GOOGL). But their big gains this year is forcing a rebalancing of the Nasdaq 100 (^NDX). Yahoo Finance Markets Reporter Jared Blikre explains why.