think $MSFT, the least talked about on here of the MAG6, is doing the best: YTD: MSFT +3% META -2% AMZN -16% GOOG -18% NVDA -18% AAPL -19% https://t.co/Lp3klYbu8D https://t.co/N8bHPbsyph
$META forms a Death Cross ☠️ for the first time since December 2021 🚨 The last one sent shares plunging 73% over the next 11 months 📉 https://t.co/hdJA8IKWAi
So-called Death Cross for $META today. Of the Mag7, only $NVDA is down since its 50MA crossed below 200MA earlier this year. $GOOGL +12.8% since cross on April 8th, & $SPX +3.7% since April 14th: https://t.co/uk8fNF6Ipy
Microsoft Corp. has reclaimed its position as the world's largest company by market capitalization, currently valued at approximately $3.2 trillion, with a year-to-date gain of 4%. Polymarket odds indicate a 42% chance that Microsoft will remain the largest company through the end of 2025. Apple Inc., which has faced growth concerns and tariff-related challenges, follows with a market capitalization of about $2.9 trillion but has declined 19% year-to-date. Among major technology firms, Meta Platforms Inc. has formed a 'Death Cross'—a technical indicator where the 50-day moving average crosses below the 200-day moving average—for the first time since December 2021. Historically, this pattern preceded a 73% share price decline over the following 11 months. Meta's shares are down 2% year-to-date. Other major tech companies have also experienced declines this year: Amazon.com Inc. (-16%), Alphabet Inc. (-18%), Nvidia Corp. (-18%), and Apple (-19%). Notably, Alphabet's stock has increased 12.8% since early April, and the S&P 500 has gained 3.7% over a similar period. Nvidia is the only major tech stock to have been down since its own 50-day moving average crossed below the 200-day moving average earlier this year.