Tariff Pause Fizzles: 'Mag 7' Stocks Slide Back To Pre-Pause Lows - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Third Point's Dan Loeb says he's sold out of nearly all of his 'Magnificent 7' holdings

"We sold out of our Mag 7 holdings. Early on we got out of Meta, and reduced our Amazon. We got out of basically all of them," Dan Loeb said.

Tariff Pause Fizzles: 'Mag 7' Stocks Slide Back To Pre-Pause Lows - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

The ‘Mag 7’ or Magnificent 7 stocks, comprising the most influential U.S.-based companies, with a combined market capitalization of $13.6 trillion, have had their worst month and quarter on record, with still a week left to go. What Happened: On Monday, Bespoke Investment Group, a New York-based investment advisory company, shared on its X account the 6-month chart of the Roundhill Magnificent Seven ETF (BATS:MAGS), a fund that offers equal weig…

Apple vs. Meta Platforms: Which "Magnificent Seven" Stock Has More Upside After the Recent Sell-Off? @themotleyfool #stocks $META $AAPL

Apple vs. Meta Platforms: Which "Magnificent Seven" stock has more upside after the recent sell-off?

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. The ongoing tariff saga has hit most stocks particularly hard this year, and for the first time in two-plus years, even big tech hasn't been immune. The Roundhill Magnificent Seven ETF, an exchange-traded fund that tracks "Magnificent Seven" stocks, is down close to 18% this year. While uncertainty is at an all-time high, investors are al…

Apple stock dip 21% year to date: buy, sell or hold?

Apple's stock price has declined 21.3% year to date, trailing the Zacks Computer & Technology sector's decline of 17.1%. The stock faced pressure from extended Apple Intelligence delays and U.S. President Donald Trump's announcement of tariffs on trade partners, including China, Mexico, and Canada. Following the April 2, 2025, Liberation Day announcement, Apple shares dropped 11.2% through April 9, when a 90-day tariff pause was introduced. Sinc…