Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Magnificent 7 are all negative under Trump 2.0

In This Article:

All "Magnificent Seven" names — Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL) — are in the red under Trump's second administration. Yahoo Finance podcast Stocks in Translation host Jared Blikre takes a closer look at the group's moves.

Catch more Stocks in Translation here, with new episodes every Tuesday and Thursday.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

00:00 Jared Blikre

Thursday's tariff fueled sell off erased more than a trillion dollars from the magnificent seven stocks as investors, they were caught off guard by President Trump's hawkish policy. So let's take a closer look at how some of the biggest names of Wall Street have fared under this new administration. I'm Jared Blickery, host of stocks in translation. Uh, first, let's take a look at what happened from election day to inauguration because things have changed markedly since then. But if you recall, you go back to January 17th, the close of that day, the time period between the election in November to January in the mid middle of that month produced gains of Tesla for Tesla of about 70%. Then you can see gains of Alphabet for 15, Amazon 13, and so on down the line. Only Nvidia struggled just a bit to produce anything meaningful. But since the inauguration, we have had a reversal of fortunes. We're seeing Tesla down 37%, Alphabet down over 20% along with Amazon, and it goes down the line. Nvidia too, down about 26%. And on this next slide, I am comparing how bad yesterday was, and this is April 3rd compared to the rest of the year. So we're taking year to date, and that's in green here. And then we have yesterday alone. That's the April 3rd change. You can see Nvidia down about $600 billion year to date. Yesterday, it tacked on about $200 billion. Apple tacked on $300 billion and so on down the line. I'm going to leave it with a heat map that shows us the mega caps and how they're fairing so far today. I'm going to leave this at the two-day mark and just show you a lot of these stocks have sold off enough that we could have a little bit of a bounce back, but specifically in Apple, I'm watching the 210 level and Nvidia. Well, Nvidia could bounce back too. So we'll have to see how this plays out. But tune in stock tune into stocks in translation for more jargon busting deep dives, new episodes on Tuesdays and Thursdays on Yahoo Finance's website or wherever you find your podcast.