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Magnificent 7 stocks are down for 2 reasons in 2026. The second reason is outside their control
Fastcompany· 2026-02-17 20:41
Core Viewpoint - The "Magnificent 7" tech stocks have all experienced declines in share prices since the beginning of the year, despite their involvement in key technology sectors such as AI, mobile computing, chipmaking, and transportation [1][2]. Group 1: Stock Performance - As of now, none of the Magnificent 7 stocks have positive returns for 2026, with year-to-date performance showing significant declines [2]. - The individual year-to-date returns for the Magnificent 7 stocks are as follows: - Alphabet Inc. (GOOG): down 3.3% - Amazon.com, Inc. (AMZN): down 13.5% - Apple Inc. (AAPL): down 4.8% - Meta Platforms, Inc. (META): down 2.7% - Microsoft Corporation (MSFT): down 17.4% - Nvidia Corporation (NVDA): down 1.6% - Tesla, Inc. (TSLA): down 8.2% [3].