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Tech Giants Face Mixed Fortunes: Nvidia, Tesla Rebound While Apple Slips

Tech Giants Face Mixed Fortunes: Nvidia, Tesla Rebound While Apple Slips
The Feed
  • PublishedMarch 13, 2025

The “Magnificent Seven” stocks—Apple, Microsoft, Alphabet (Google’s parent company), Amazon, Nvidia, Meta Platforms, and Tesla—have played a dominant role in shaping market trends over the past year, Investor’s Business Daily reports.

After strong performances in 2024, the start of 2025 has proven more challenging for these mega-cap tech companies. While some, like Nvidia and Tesla, have attempted to rebound, others, including Apple, continue to face setbacks.

Due to their massive market capitalizations, these seven companies hold significant influence over major stock indices, such as the Nasdaq Composite and the S&P 500. Their performance often sets the tone for broader market movements.

Nvidia (NVDA) gained 2.6% on Tuesday after a sharp decline on Monday. However, the stock remains well below its 50-day and 200-day moving averages and is currently about 30% off its 52-week high.

The semiconductor giant recently reported strong fourth-quarter earnings, exceeding Wall Street expectations and providing an optimistic outlook for the upcoming period. CEO Jensen Huang has also introduced new AI initiatives, such as Nvidia Cosmos, aimed at advancing autonomous vehicles and robotics.

Amazon (AMZN) stock recently triggered a sell signal, falling below a key technical buy point. Despite a 1.3% gain on Tuesday, shares remain below their 200-day moving average.

The e-commerce and cloud computing leader posted better-than-expected earnings for the fourth quarter, with profits of $1.86 per share on revenue of $187.8 billion. However, its first-quarter outlook fell short of analyst projections due to concerns over currency exchange headwinds.

Tesla (TSLA) rebounded 3.9% on Tuesday, yet it remains significantly below its 200-day moving average and more than 50% off its all-time high set in December 2024.

The EV company recently reported disappointing fourth-quarter results, with earnings of 73 cents per share and revenue of $25.71 billion, both missing analyst expectations. Despite these setbacks, CEO Elon Musk expressed optimism about Tesla’s self-driving technology, projecting that unsupervised full self-driving could launch in Texas by mid-2025, with a robotaxi set to arrive in 2026.

Apple (AAPL) stock declined another 2.7% on Tuesday, dropping below its 200-day moving average.

The company’s latest earnings report showed a 10% increase in profits and a 4% rise in revenue, slightly surpassing Wall Street expectations. However, investor sentiment remains cautious amid ongoing market pressures.

Microsoft (MSFT) exceeded expectations in its fiscal second quarter, driven by strength in artificial intelligence and cloud computing. However, growth in its Azure cloud unit has slowed, and its revenue forecast for the current quarter fell below estimates.

Meanwhile, Meta Platforms (META) gained 1.3% on Tuesday but remains below a key technical level. While its earnings and revenue topped Wall Street estimates, concerns over currency exchange rates and a strong US dollar have tempered investor enthusiasm.

Alphabet (GOOGL) has struggled following its latest earnings report, which showed revenue slightly below expectations and disappointing cloud computing growth. Shares have continued to slide, reflecting investor uncertainty.

As of late February, the Magnificent Seven stocks have shown mixed performance in 2025. While Meta remains in positive territory, other key players, including Tesla and Nvidia, have faced significant declines.