Wall Street analysts have significantly revised their profit-growth projections for the Magnificent Seven tech stocks, now expecting a 16.9% earnings growth in 2025, down from approximately 20%. This adjustment follows disappointing earnings reports from major companies in the group, which includes Amazon, Nvidia, Meta, Apple, Alphabet, Microsoft, and Tesla. The Magnificent Seven has not reached a new all-time high since July and is currently trading about 4% below its peak. Notably, Tesla has experienced the largest drawdown at 40.8%, while other members of the cohort have also faced declines, with Microsoft down 12.5% and Alphabet down 11.4%. The overall sentiment in the tech sector seems to be shifting, as the S&P 500 continues to reach new records despite the struggles of these tech giants.