After dominating markets in 2024, the so-called “Magnificent Seven” tech giants are now falling behind the broader market in 2025 — a sharp turnaround that's catching investor attention. As of this week, all seven companies are underperforming the S&P 500, which itself is down 13.1% year-to-date.
Monday's trading session added more pressure, with each of the seven stocks finishing in the red, deepening concerns across Wall Street as the broader market sell-off drags on.
Here's how they're doing so far this year:
- Tesla (TSLA, Financial): -44.2%
- Nvidia (NVDA, Financial): -28.3%
- Amazon (AMZN, Financial): -23.9%
- Apple (AAPL, Financial): -23.6%
- Alphabet (GOOG, Financial): -21.5%
- Meta Platforms (META, Financial): -17.3%
- Microsoft (MSFT, Financial): -14.7%
What's driving the slump? A mix of rising inflation concerns, fears over expanding tariffs, and underwhelming earnings growth has dampened enthusiasm around tech. After a blockbuster 2024, investors are recalibrating their expectations — and the biggest names in tech aren't immune to the shift.