Nvidia's Earnings Are Almost Here. Here's the State of the Magnificent 7 Stocks.

Investopedia • February 24, 2026 • business

Key Points:

Nvidia is set to report its latest quarterly results soon, an event that could influence the direction of the mega-cap tech sector known as the Magnificent 7, which includes Apple, Alphabet, Microsoft, Amazon, Meta, Tesla, and Nvidia itself.
So far this year, the Magnificent 7 have mostly declined in value, with Nvidia only slightly up, while the broader S&P 500 excluding these giants has performed better, driven by AI-related stocks, energy, and industrial sectors.
Investor concerns about AI's future impact have caused market volatility, with fears of an AI-driven recession affecting software and big tech stocks, though interest in AI has expanded to include more traditional sectors like energy and materials.
Fund managers are cautious about the