Major tech firms face substantial losses in 2025

2025 has been a rough year for major technology companies known as the Magnificent 7. Six of the seven companies are showing significant losses so far this year. The largest drop comes from Tesla, which has seen its shares fall 40%. The decline in share prices follows a period of excitement after the recent inauguration of President Donald Trump. Many tech stocks had reached new highs after his November election win. However, now there are rising fears about a possible recession and the effects of tariffs, leading to a large selloff. Recently, tech stocks lost over $750 billion in a single day, marking a tough time for the Nasdaq Composite index. Nvidia, a key player in the artificial intelligence sector, has also faced challenges. Its shares have fallen nearly 14% this year and lost about $767 billion in market value since reaching a record high in January. Other major companies like Alphabet, Microsoft, Apple, and Amazon have also experienced substantial losses. Alphabet is down over 14%, while Microsoft is on track for its eighth straight week of losses. Tesla's troubles stand out, as it has lost around $780 billion in market value since December. CEO Elon Musk's relationships have not helped the company's stock performance. Apple has lost nearly $700 billion in value since last year, and Amazon's stock dropped 18%, hitting its longest losing streak since May 2022. On the flip side, Meta Platforms is the only company in the Magnificent 7 that is showing slight gains. However, it still faces volatility, with shares also declining over the past months.