📈 Meta and Microsoft Lead, While Apple, Tesla, and Alphabet Drag Down the Magnificent Seven

As of May 16, 2025, the combined market capitalization of the “Magnificent Seven”—Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla—has fallen by $0.8 trillion (–4.6%) year-to-date. Meta (+9.7%, +$140B) and Microsoft (+7.8%, +$240B) posted strong gains, while Apple (–16.2%, –$610B), Tesla (–13.0%, –$170B), Alphabet (–12.8%, –$300B), and Amazon (–5.6%, –$130B) recorded sizable losses.