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SCOTT LEHTONEN

Magnificent Seven Stocks Dive As Apple, Nvidia, Tesla Plunge

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first three months of 2025, however, performance for these mega-cap stocks has been negative thus far.

Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.

For an in-depth look at this issue, check out IBD's page on the Magnificent Seven weightings, market capitalizations and the companies' latest news stories.

On Friday, the Roundhill Magnificent Seven exchange traded fund tumbled 5.5%.

Nvidia Stock

Nvidia plunged nearly 8% Thursday, continuing to trade below the 50-day and 200-day moving averages. And Nvidia stock dived another 8.1% Friday, hitting a new recent low.

On Feb. 26, Nvidia beat Wall Street's targets for its fiscal fourth quarter and guided above views for the current period.

In recent months, Nvidia CEO Huang delivered the keynote address at CES 2025. He unveiled new AI initiatives, including Nvidia Cosmos, a computing platform for accelerating physical AI development. Cosmos offers world foundation models to help developers make next-generation autonomous vehicles and robots.

Tesla Tanks, Nvidia Slides — What's An Investor To Do? Start Here

Magnificent Seven Stocks: Amazon Slides

Amazon.com stock is trading below its long-term 200-day line following heavy losses in recent sessions. And shares tumbled 2.6% Friday.

On Feb. 6, Amazon reported fourth-quarter results that beat expectations. But the tech giant predicted lower-than-expected sales and operating income for the first quarter, citing currency exchange headwinds.

Amazon said in a news release that it earned $1.86 per share on sales of $187.8 billion. Investors, meanwhile, were expecting earnings of $1.49 per share and revenue of $187.3 billion from the Seattle-based firm.

Heed Warnings, But Prepare Your Watchlist With 12 'Perfect' Stocks — Including Netflix

Tesla Stock Skids

Tesla skidded 10.5% lower Friday, further below the 200-day line. The EV giant set an all-time high on Dec. 18, topping out at 488.53, but is around 50% off that high.

On Wednesday, Tesla reported first-quarter vehicle deliveries of 336,681. That was worse than analyst forecasts and the worst showing in more than two years.

On Jan. 29, the company announced worse-than-expected earnings and revenue for the fourth quarter. But Chief Executive Elon Musk said that unsupervised full self-driving will come to Texas in June and that the robotaxi will arrive in 2026.

Tesla reported Q4 EPS of 73 cents, growing 3% compared to Q4 2023, while revenue increased 2% to $25.71 billion. Analysts expected earnings of 77 cents per share and sales coming in at $27.26 billion, according to FactSet.

Meanwhile for 2025, current consensus has Tesla profit returning to year-over-year growth, after the expected dip for 2024.

Find The Next Palantir Or Hot IPO For Next Uptrend. Here's How.

Dow Jones Stocks In Magnificent 7: Apple, Microsoft

Besides recently added Nvidia stock, there are two other Dow Jones names among the Magnificent Seven: Apple and Microsoft.

Apple stock sold off 7.4% Friday, further below the 200-day line.

On Jan. 30, the Cupertino, Calif.-based consumer electronics giant said it earned $2.40 a share on sales of $124.3 billion in the quarter ended Dec. 28. Analysts polled by FactSet had expected Apple earnings of $2.35 a share on sales of $124.3 billion. On a year-over-year basis, Apple earnings rose 10% while sales increased 4%.

Magnificent Seven Stocks 2025 Performance

Company Name Symbol 2025 Performance
Alphabet -18.5%
Amazon -12.2%
Apple -13.0%
Meta Platforms -1.5%
Microsoft -10.1%
Nvidia -18.3%
Tesla -34.7%
Source: IBD Data as of March 31

Meanwhile, Microsoft beat Wall Street's targets for its fiscal second quarter on Jan. 29 thanks to its booming artificial intelligence business. But there was decelerating growth in its Azure cloud infrastructure unit. Microsoft also offered a revenue outlook that was below views for the current quarter.

The software giant earned $3.23 a share on sales of $69.6 billion in the December quarter. Analysts polled by FactSet had expected Microsoft to earn $3.11 a share on sales of $68.9 billion. On a year-over-year basis, Microsoft's earnings rose 10% while sales increased 12%.

Shares moved down 3.3% in Friday trading, hitting a new 52-week low.

Apple Still King As Nvidia Stays Rattled. Tesla Holds This Edge.

Meta Stock Breaks Support

Shares of Meta Platforms lost 4.8% Friday, further below the 200-day line.

On Jan. 29, Meta reported fourth-quarter earnings and revenue that topped Wall Street estimates. But its revenue outlook for the March quarter came in below views amid worries over currency exchange rates and a strong U.S. dollar, tempering investor enthusiasm.

The social media giant's earnings rose 50% to $8.02 per share while revenue climbed 21% to $48.38 billion.

Meta stock shows a near-perfect 98 IBD Composite Rating, per the IBD Stock Checkup.

It's Not Time To Buy. But These Stocks Flash 'Watch Me' Signs.

Alphabet Plunges On Earnings

Alphabet plunged from new highs in recent months after the company's earnings report. Shares declined 2.4% Friday, far below their 200-day line.

On Feb. 4, Alphabet reported fourth-quarter earnings that edged by analyst estimates while revenue came in slightly below views. Also, cloud computing revenue growth missed forecasts.

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