Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first five months of 2025, however, performance for these mega-cap stocks has been sharply mixed thus far.
Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.
For an in-depth look at this issue, check out IBD's page on the Magnificent Seven weightings, market capitalizations and the companies' latest news stories.
On Wednesday, the Roundhill Magnificent Seven exchange traded fund rose 0.4%.
Nvidia Stock Extends Gains
Nvidia rose 0.1% Wednesday, on pace to extend a win streak to four sessions. Shares are moving further above their 50-day and 200-day moving averages amid a bullish move in recent weeks.
On May 28, Nvidia beat Wall Street's lowered targets for its fiscal first quarter but its sales guidance for the current period was below views.
The Santa Clara, Calif.-based company earned an adjusted 81 cents a share on sales of $44.06 billion in the quarter ended April 27. Analysts polled by FactSet had expected Nvidia to earn an adjusted 73 cents a share on sales of $43.34 billion in fiscal Q1. In the year-earlier period, Nvidia earned an adjusted 61 cents a share on sales of $26.04 billion.
Chief Executive Jensen Huang said he is confident that President Trump will make the right decisions when it comes to supporting the U.S. AI industry.
"The president has a plan. He has a vision and I trust him," Huang said. President Trump wants to win the AI race, he said.
Huang listed four positive surprises this year for the AI market. They include demand growth from inference reasoning, agentic AI, industrial AI and the cancelation of the Biden-era AI Diffusion Rule.
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Magnificent Seven Stocks: Amazon Hits Buy Point
Amazon.com stock is back above its 50- and 200-day lines following strong gains in recent weeks. But shares fell 0.3% Wednesday, still holding above a 214.84 buy point in a cup with handle.
On May 1, Amazon gave a mixed outlook for the current quarter – further fueling investor fears about the impact of tariffs on the company's e-commerce empire. Amazon's profit-driving cloud business recorded March quarter revenue slightly below Wall Street expectations.
Amazon's overall top- and bottom-line results for the first quarter beat Wall Street estimates. The Seattle-based company said that it earned an adjusted $1.59 per share on sales of $155.7 billion for the March-ended quarter. Analysts polled by FactSet projected Amazon would post adjusted earnings of $1.37 per share on sales of $155.2 billion. Sales increased 9% while earnings increased 62% year over year.
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Tesla Stock Rebounds
Tesla rallied 2% Wednesday, looking to extend a win streak to four sessions. The EV giant set an all-time high on Dec. 18, topping out at 488.53, but is around 35% off that high.
Late Tuesday, Chief Executive Elon Musk set a tentative launch date for the limited robotaxi service launch in Austin, Texas, for later this month. News reports had previously said the robotaxi service would begin on Thursday.
Musk posted to X Tuesday night that Tesla will officially begin its autonomous vehicle ride-hailing service "tentatively" on June 22. The Tesla CEO also gave his reasons why the EV giant will not be rolling out the service this week.
"We are being super paranoid about safety, so the date could shift," Musk wrote Tuesday. "First Tesla that drives itself from factory end of line all the way to a customer house is June 28."
On April 22, Tesla reported that Q1 EPS sank 40% to 27 cents per share while revenue fell 9% to $19.335 billion. Analysts expected earnings of 41 cents a share and sales totaling $21.27 billion, according to FactSet. However, the sharps consensus pegged quarterly revenue at $19.76 billion.
The EV giant said that it would "revisit" its 2025 guidance in its second-quarter update. "It is difficult to measure the impacts of shifting global trade policy on the automotive and energy supply chains, our cost structure and demand for durable goods and related services," Tesla said in the earnings release.
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Dow Jones Stocks In Magnificent 7: Apple, Microsoft
Besides recently added Nvidia stock, there are two other Dow Jones names among the Magnificent Seven: Apple and Microsoft.
Apple stock dropped 0.3% Wednesday, still trying to move above the 50-day line.
On May 1, Apple reported better-than-expected March-quarter results provided only a temporary reprieve from the challenges facing the consumer electronics giant. Investors also weighed the impact of tariffs on hardware sales and legal cases threatening its services business.
The Cupertino, Calif.-based company said it earned $1.65 a share, up 8% year over year, on sales of $95.4 billion, up 5%, in its fiscal second quarter ended March 29. Analysts polled by FactSet had expected earnings of $1.62 a share on sales of $94.54 billion.
Magnificent Seven Stocks 2025 Performance
| Company Name | Symbol | 2025 Performance |
|---|---|---|
| Alphabet | -8.3% | |
| Amazon | -2.7% | |
| Apple | -18.6% | |
| Meta Platforms | 19.2% | |
| Microsoft | 11.6% | |
| Nvidia | 5.5% | |
| Tesla | -26.9% |
Source: IBD Data as of June 6
Meanwhile, Microsoft crushed Wall Street's targets for its fiscal third quarter and guided above views for the current period.
The Redmond, Wash.-based software giant earned $3.46 a share on sales of $70.07 billion in the quarter ended March 31. Analysts polled by FactSet had expected earnings of $3.22 a share on sales of $68.44 billion. On a year-over-year basis, Microsoft earnings rose 18% while sales increased 13%.
Shares climbed 0.8% in Wednesday trading. Microsoft is squarely above a 448.38 buy point and at new highs.
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Meta Stock Above Buy Point
Shares of Meta Platforms edged lower Wednesday, still squarely above a cup-with-handle's 662.67 buy point.
On April 30, the social media giant's first-quarter results and sales outlook eased fears about tariffs squeezing its advertising business. CEO Mark Zuckerberg also indicated its full-speed ahead for the Facebook parent company's significant AI investments.
Meta said that it earned $6.43 per share on sales of $42.3 billion for the March-ended quarter. Analysts polled by FactSet projected the Menlo Park, Calif.-based company would post adjusted earnings of $5.23 per share on sales of $41.3 billion.
Meta stock shows a good but not great 94 IBD Composite Rating, per the IBD Stock Checkup.
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Alphabet Plunges On Apple Search Disclosure In Antitrust Case
Alphabet is rebounding from recent heavy losses. Shares climbed 0.1% Wednesday, on pace to extend a win streak to six sessions. Shares are moving above a 176.77 early entry.
On April 24, Alphabet delivered first quarter earnings and revenue that topped consensus estimates as internet search advertising growth beat expectations.
Google earnings for the quarter ending March 31 surged 48% to $2.81 per share. The tech giant reports Google earnings under generally accepted accounting principles, also known as GAAP. Adjusted operating margin came in at 40%, topping estimates of 38%.
In Q1, Google's gross revenue rose 12% to $90.2 billion amid headwinds from currency exchange rates and a weaker U.S. dollar.
Analysts polled by FactSet had projected EPS of $2.01 on revenue of $89.2 billion.
