247Wallst·2026-03-05 20:38Core Insights - February was a challenging month for the Magnificent 7 stocks, with only Apple showing positive returns while NVIDIA and Microsoft faced declines [1][2] - Market volatility has returned, influenced by geopolitical tensions and rising oil prices, impacting overall market sentiment [1] Performance Summary - Apple (AAPL): - YTD Return: -2.43% - February Return: +1.91% - Reported Q1 FY26 revenue of $143.76 billion, up 15.7% YoY, with iPhone revenue at $85.27 billion and services revenue at $30.01 billion [1][2] - Microsoft (MSFT): - YTD Return: -16.77% - February Return: -8.52% - Reported Q2 FY26 EPS of $4.14 and revenue of $81.27 billion, with Azure growing 39% YoY [1][2] - NVIDIA (NVDA): - YTD Return: -6.17% - February Return: -7.29% - Reported Q4 FY26 revenue of $68.13 billion, up 73.2% YoY, with Data Center revenue at $62.31 billion, up 75% YoY [1][2] Key Developments - NVIDIA: - Despite strong earnings, the stock fell approximately 3% post-report due to concerns over future sales amid rapid AI data center buildout [1][2] - Guidance for next quarter revenue is $78 billion, with adjusted earnings expectations rising to $8.25 [1] - Microsoft: - The stock's decline is attributed to concerns over Azure's future forecasts and high capital expenditures impacting margins [2] - Apple: - The company is seen as a safe investment due to its conservative spending on AI and strong free cash flow, returning $24.7 billion to shareholders in buybacks [2] Upcoming Events - NVIDIA's GTC Conference: Scheduled for March 16, expected to provide insights into AI developments and product launches [2] - Apple's Product Launches: Recent announcements of seven new products could drive consumer interest [2] - Microsoft's Market Position: The performance of software stocks in March will be closely monitored for potential recovery [2]