
On February 5, 2025, the stock market saw notable movements among the 'Magnificent 7' tech stocks. Alphabet Inc. (GOOGL) experienced a decline of 7.69%, while Tesla Inc. (TSLA) fell by 3.16%. In contrast, Nvidia Corp. (NVDA) gained 3.99% and Broadcom Inc. (AVGO) rose by 6.19%. Overall, four out of the seven major tech stocks closed lower, with GOOGL down 7.29%, TSLA down 3.58%, Amazon.com Inc. (AMZN) down 2.45%, and Apple Inc. (AAPL) down 0.15%. Meta Platforms Inc. (META) and Microsoft Corp. (MSFT) saw slight increases of 0.03% and 0.22%, respectively. Following their earnings reports, Netflix Inc. (NFLX) surged by 9.7%, while META gained 1.6%. The remaining stocks, including AAPL, TSLA, MSFT, GOOGL, and AMZN, showed varying degrees of decline.
Outside $META, the other 5 Mag 7โs didnโt really do anything since their earnings. $META +5.5% $AAPL -2% $TSLA -4% $MSFT -6% $GOOGL -7.5% $AMZN -4.5% $NVDA ? All eyes on Nvidia now on Feb 26th.
To sum up the Mag 7/8 earnings reactions so far (day after earning report): $NFLX +9.7% $META +1.6% $AAPL -0.7% $TSLA +2.9% $MSFT -6.2% $GOOGL -7.3% $AMZN ๐ฒ
Of the Mag7 stocks only $META & $AMZN are beating $SPX this year, with $AAPL & $NVDA down 7%: https://t.co/ZkvH5WDLBm
