📈 U.S. Big Tech Long-Term Boom (2000–2024) and Q1 2025 Slump

The collective market capitalization of the “Magnificent Seven” tech giants—Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla—soared 15.4x (26% CAGR) from $1.1 trillion in 2012 to a peak of $17.6 trillion by the end of 2024. However, in Q1 2025, their combined market cap declined to $15.0 trillion, the lowest level since September 10, 2024. The group lost $2.63 trillion in value, with Tesla, Nvidia, and Alphabet leading the downturn.

Market Capitalization of the Magnificent Seven (March 31, 2025):

• Apple – $3.34T: Maintains dominance in consumer electronics and services, benefiting from strong brand loyalty.

• Microsoft – $2.79T: A leader in software, cloud computing, and AI, fueled by strategic acquisitions.

• Nvidia – $2.64T: Continues to set the pace in GPUs and AI innovation.

• Amazon – $2.02T: Leads in e-commerce, cloud (AWS), and digital streaming.

• Alphabet (Google) – $1.90T: A powerhouse in digital advertising, search, and cloud technology.

• Meta (Facebook) – $1.46T: Remains influential in social media and digital advertising.

• Tesla – $0.83T: Faces challenges in EV and renewable energy markets.

Market Capitalization Growth (2018–2024):

• NVIDIA: 40.4x

• Tesla: 22.6x

• Apple: 5.1x

• Microsoft: 4.0x

• Meta: 4.0x

• Alphabet: 3.2x

• Amazon: 3.1x

Market Cap Decline in Q1 2025:

• Tesla: -35.7% (-$460B)

• Nvidia: -19.6% (-$640B)

• Alphabet: -18.3% (-$430B)

• Amazon: -12.6% (-$290B)

• Apple: -11.9% (-$450B)

• Microsoft: -10.9% (-$340B)

• Meta: -1.2% (-$20B)