Tarnished Magnificent 7 stocks rebound faces test with earnings - Reuters https://t.co/8M80ksXyKt
Tarnished Magnificent 7 stocks rebound faces test with earnings https://t.co/YSuUgx1mwo
'Best to be cautious': Tariff jitters are high as analysts head toward #Amazon's first-quarter earnings
The "Magnificent Seven" technology giants—Meta Platforms, Microsoft, Alphabet, Apple, Amazon, Tesla, and Nvidia—have collectively lost $2.71 trillion in market value since the start of 2025, with all seven companies experiencing share price declines. Individual stock performances have underperformed the S&P 500, which is down 6.8%, with Tesla falling 31.3%, Nvidia 20.6%, Apple 16.9%, Alphabet 15.6%, Amazon 15.5%, Microsoft 8.1%, and Meta 7.0%. This week, several of these companies, including Apple, Amazon, Meta Platforms, and Microsoft, are scheduled to report quarterly earnings amid heightened market volatility. Investors and analysts are closely monitoring these reports due to ongoing tariff uncertainties stemming from trade tensions and policy shifts initiated by former President Donald Trump, who is also preparing for a Gulf visit where tech companies are expected to play a role. Market observers have expressed caution, noting that trade wars, falling profit margins, and cautious consumer behavior could significantly impact earnings results and the potential rebound of these major tech stocks.