--- title: Syz The Moment | magnificent-7 (7) description: magnificent-7 | Syz The Moment (7) --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 26 Feb 2025 - - - #### MAGNIFICENT 7 ENTERS CORRECTION TERRITORY The equal weight Magnificent 7 index is now down 10% off its most recent All Time Highs the technical definition of a Correction - Bloomberg (Magnificent 7 = Apple, Nvidia, Microsoft, Amazon, Google, Meta, Tesla) Source: Bloomberg, Evan [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![MAGNIFICENT 7 ENTERS CORRECTION TERRITORY](https://blog.syzgroup.com/hubfs/1-Feb-26-2025-10-19-22-6788-AM.jpg) ![MAGNIFICENT 7 ENTERS CORRECTION TERRITORY](https://blog.syzgroup.com/hubfs/1-Feb-26-2025-10-19-22-6788-AM.jpg) 25 Feb 2025 - - - #### Wake up it is nvdia $NVDA earnings week... Disappointing data could be a major blow for all Mag 7. Will a positive surprise trigger a revival of Mag 7 relative strength versus the rest of the world? [#magnificent-7|](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) [#nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) ![Wake up it is nvdia $NVDA earnings week...](https://blog.syzgroup.com/hubfs/4-Feb-25-2025-09-56-11-7453-AM.jpg) ![Wake up it is nvdia $NVDA earnings week...](https://blog.syzgroup.com/hubfs/4-Feb-25-2025-09-56-11-7453-AM.jpg) 30 Jan 2025 - - - #### Can you believe it? European banks have outperformed the Mag 7 over the past two years.... via @GoldmanSachs [#europe|](https://blog.syzgroup.com/syz-the-moment/tag/europe) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![Can you believe it?](https://blog.syzgroup.com/hubfs/10-Jan-30-2025-01-29-04-2242-PM.jpg) ![Can you believe it?](https://blog.syzgroup.com/hubfs/10-Jan-30-2025-01-29-04-2242-PM.jpg) 29 Jan 2025 - - - #### Magnificent 7 stocks have underperformed the market in 2025: The Magnificent 7 stocks are down -1.4% while the S&P 500 itself is up ~2.9%. Meanwhile, the remaining 493 stocks in the S&P 500 have gained +6.6%. To put this into perspective, in 2024, the Magnificent 7 stocks returned +67.4% while the remaining 493 firms gained just +5.0%. [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![Magnificent 7 stocks have underperformed the market in 2025:](https://blog.syzgroup.com/hubfs/14-Jan-29-2025-02-59-28-9251-PM.jpg) ![Magnificent 7 stocks have underperformed the market in 2025:](https://blog.syzgroup.com/hubfs/14-Jan-29-2025-02-59-28-9251-PM.jpg) 29 Jan 2025 - - - #### 💻 AI hardware & infrastructure were the biggest beneficiaries of the AI boom with Microsoft, Amazon, Oracle, Google, Meta and others spending zillions. With the rise of DeepSeek & other small models, questions are the following: 1) Will these giants maintain their spending forecasts? 2) How they justify it after DeepSeek release? 3) Will the perceived value move up the chain towards applications? Source: Deutsche Bank thru Ali Dhanji @DhanjiatRJ on X [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![💻 AI hardware & infrastructure were the biggest beneficiaries of the AI boom with Microsoft, Amazon, Oracle, Google, Meta and others spending zillions.](https://blog.syzgroup.com/hubfs/11-Jan-29-2025-09-37-16-9465-AM.jpg) ![💻 AI hardware & infrastructure were the biggest beneficiaries of the AI boom with Microsoft, Amazon, Oracle, Google, Meta and others spending zillions.](https://blog.syzgroup.com/hubfs/11-Jan-29-2025-09-37-16-9465-AM.jpg) 17 Jan 2025 - - - #### Over a third of the S&P 500 is now concentrated in the "Magnificent Seven" stocks, up from a fifth of the index two years ago. Source: Charlie Bilello [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![Over a third of the S&P 500 is now concentrated in the ](https://blog.syzgroup.com/hubfs/1-Jan-17-2025-09-56-55-0009-AM.jpg) ![Over a third of the S&P 500 is now concentrated in the ](https://blog.syzgroup.com/hubfs/1-Jan-17-2025-09-56-55-0009-AM.jpg) 10 Jan 2025 - - - #### Mag 7 EPS vs SPX last 20 years Source: GS, Mike Zaccardi, CFA, CMT, MBA [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![Mag 7 EPS vs SPX last 20 years](https://blog.syzgroup.com/hubfs/4-Jan-10-2025-08-00-40-4887-AM.jpg) ![Mag 7 EPS vs SPX last 20 years](https://blog.syzgroup.com/hubfs/4-Jan-10-2025-08-00-40-4887-AM.jpg) 2 Jan 2025 - - - #### The Enormous Eight: 2024 Returns Nvidia $NVDA: +171% Netflix $NFLX: +83% $META: +66% Tesla $TSLA: +63% Amazon $AMZN: +44% Google $GOOGL: +36% Apple $AAPL: +31% -S&P 500 $SPY: +25% Microsoft $MSFT: +13% -S&P Equal Weight $RSP: +13% -S&P SmallCap $IJR: +9% Source: Charlie Bilello [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) ![The Enormous Eight: 2024 Returns](https://blog.syzgroup.com/hubfs/2-Jan-02-2025-04-29-04-4312-PM.jpg) ![The Enormous Eight: 2024 Returns](https://blog.syzgroup.com/hubfs/2-Jan-02-2025-04-29-04-4312-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/6) [5](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/5) [6](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/6) [7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/7) [8](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/8) [9](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/9) [❯](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/8) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7/page/15?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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