The Magnificent Seven tech giants are off to their worst start to a year since 2022, according to The Wall Street Journal. The group collectively lost $2.5 trillion in market value despite a four-day rally, according to Dow Jones Market Data. DeepSeek’s new AI model, Trump’s escalating trade war, and company-specific setbacks have rattled investor confidence. Analysts expect the group’s 2025 profit growth to slow to 16%, down from 37% in 2024, while broader S&P 500 companies are projected to see earnings rise 7.8%. The tech-heavy Nasdaq Composite is in a bear market, down 20% from its high, and the S&P 500's total return is off 5.7% for the year.
