Mark Tepper joins Stuart Varney for a fast-moving hour covering tech divergence, EV disruption, and high-end retail strategy. He calls for a rebrand of the “Magnificent Seven” stocks, pointing to the widening gap between AI leaders like Microsoft and Nvidia, and laggards like Apple and Tesla. Tepper discusses the EV tax credit rollback and its impact on Tesla and Rivian, while highlighting Lululemon’s Vietnam sourcing and Contour Brands’ luxury play with Helly Hansen. He also shares strong views on NYC’s political shift, socialism in leadership, and the cultural divide around July 4th patriotism. Tepper wraps with his take on Apple’s passive investment momentum and the S&P's record highs.