In 2024 experienced varied yields. Apple and Microsoft maintained stable growth, driven by the continuous demand for their cloud services and devices. Nvidia benefited significantly from the boom in artificial intelligence applications, consolidating its position in the semiconductor market. Tesla faced challenges due to greater competition in the electric vehicle sector, which affected its market share, although the year ended. Meta continued its focus on metoverso but in a very residual way and giving preponderance to AI -centered developments. Amazon and Alphabet showed resilience, with moderate growth in their main business lines.
However, 2025 seems to have started with another tone.
On February 13, 2025, the quotes of these companies are as follows:
- Apple (AAPL): 236.87 USD, with a decrease of 4.84% compared to the closure of 2024.
- Microsoft (MSFT): 409.04 USD, with a 3.88% decrease compared to 2024.
- Alphabet (Googl): 185.43 USD, with a 3.16% decrease compared to 2024.
- Amazon (AMZN): 228.93 USD, with an advance of 3.11% compared to the closing of 2024.
- NVIDIA (NVDA): 131.14 USD, with a decrease of 3.57% compared to the closure of 2024.
- Tesla (TSLA): 336.51 USD, with a decrease of 13.74% compared to the closure of 2024.
- Meta Platforms (Meta): 725.38 USD, with a 23% advance compared to the year 2024.
Change in market feeling
As we move forward in 2025, Us is observedn change in market feeling Towards a greater diversification by investors, who are exploring opportunities beyond large technological ones, focusing on sectors such as energy, industry and finance, which have more attractive assessments.
This movement suggests a possible sector rotationwhere market leadership could move towards companies with solid foundations and more moderate valuations. 2025 seems to have introduced a growing narrative that suggests that the market in general – lower capitalization actions and undervalued sectors – could lead the next market profits.
When interest rates increase or remain high, traditionally reduce enthusiasm for companies with long -term cash flowswhich include many of the technological companies, as we saw in 2022. Since then, the Fed has taken the way back, but unlike what was thought a few months ago, with an inflation contained in their growth, but persistent and Well above the objectives of 2%, a solid economy and a powerful labor market, it becomes difficult to think of type drops beyond the current levels.
So part of this change can be attributed to the cooling of enthusiasm for high growth technologies as interest rates stabilize at high levels. This has led analysts to question If the magnificent seven will continue to be the driving force of the market or if it will be other values that will take over. The Russell 2000 index, for example, has shown signs of life, reflecting a renewed interest in lower capitalization actions.
Results and yields
The results reports of the magnificent seven have painted a mixed panorama this year. The results of Nvidia, until now highlighted, with income that are triggered thanks to their domain in the manufacture of chips for AInow they are questioned and the publication of results corresponding to the fourth quarter of 2024 and especially the guides for future results, (February 26) is expected.
Similarly, The Azure Division of Microsoft and Google Cloud Platform in Alphabet have continued to growalthough at a slower pace compared to previous years. On the other hand, Apple hardware sales have faced challenges due to lower consumer demand, while Tesla’s profitability has been under pressure for aggressive price strategies.
Despite these mixed results, Bright achievements have also been seen: Meta advertising income has shown resilience, reflecting improved segmentation capabilities and a recovery in advertising spending and the Amazon Electronic Commerce Division has faced obstacles, but its cloud computing AWS segment remains a critical gain engine .
On the other hand, Deepseek’s emergence has generated a reevaluation in the stock market, especially among AI -related companies. Nvidia’s actions experienced a remarkable fall after the announcementdue to the expectations of a lower demand for chips and energy for the development of AI but at the present time, it seems that the tension has calmed down.
The summary is that analysts and investors are examining future orientations More than ever, with companies that do not meet, facing more pronounced mass sales than in previous years.
This environment underlines the delicate balance that these giants must maintain to justify their high assessments.
Sectorial rotation
The concept of sector rotation, (where market leadership passes from one group of shares to another), has won traction this year. Historically, these rotations are not uncommon, especially after prolonged domain periods by a single sector. The actions of financial, industrial and even energy They have seen a renewed interest, particularly because their valuations remain more attractive compared to technological giants.
The financial, industrial and energy sectors have captured a renewed interest, especially due to their most attractive assessments and growth prospects in an economic environment in recovery. This rotation suggests that Investors seek to balance their wallets, reducing exposure to large technology and increasing positions in cyclical sectors that could benefit from economic expansion.
Inverter approach
One of the most pressing questions this year is whether Seven magnificent still have room to grow or if their valuations are becoming a limitation. Many of these companies quote price-benefit ratios well above the market average, which leaves little margin of error in their results reports.
Institutional investors They seem to be gradually diversifying their walletsassigning more capital to sectors that have lagged behind in recent years. However, retail investors seem to remain in love with the magnificent seven, attracted to their perception of safety and growth potential. This dichotomy underlines the uncertainty that surrounds these actions while sailing in an environment of growing competition and macroeconomic challenges.
Comparative analysis
The domain of the magnificent seven becomes even more evident when compared to the broader market rates. The Nasdaq-100, strongly weighted towards these giants, has surpassed the S&P 500 and Dow Jones Industrial Average in the last decade. However, this year’s performance gap has narrowed, with lower capitalization rates such as Russell 2000 beginning to show signs of overcoming.
Yes ok The magnificent seven have historically been reliable growth engines, His contribution to market profits has begun to decrease. The index of equal weighting of the S&P 500, which gives the same importance to all components, has shown resilience, reflecting strength in other sectors. This change raises the question: can the market maintain its upward trajectory without disproportionate contributions of these technological titans? The conventional S&P500 index rises so far this year 2.52%which compares to the generalized fall shown by a good part of the magnificent seven, as we saw at the beginning.
Macroeconomic influence
Macroeconomic factors such as interest rates, inflation and global geopolitical tensions have a significant impact on the performance of the magnificent seven and the market in general. We have already spoken behind reference interest rates and their evolution.
Global factors such as China’s economic deceleration and supply chain interruptions also affect To these companies, particularly those with a significant international exhibition.
And now, the DEssential for a new commercial war globally remains an unpredictable factor which could alter both the magnificent seven and the market in general.
Understanding these macroeconomic dynamics is essential to assess whether Nasdaq’s leadership can remain concentrated or if a broader rebound in the market is really glimpsed.
What follows now?
Facing the future, The magnificent seven face a critical turning point. Will they maintain their domain or the market in general will finally take over? Investors must observe key indicators such as profit reviews, negotiation volumes and sector performance to evaluate the trajectory of this market rotation. Although the magnificent seven remain formidable players, 2025 could mark the beginning of a new era in market leadership.