For more than three years, the 'Magnificent Seven' or 'Mag 7', which includes Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta and Tesla, carried Wall Street.
Then came June 2026.
Nvidia dropped over 5%, Microsoft fell about 17%, its worst monthly performance since December 2000, Alphabet declined nearly 6%, Amazon lost roughly 12% and Meta dropped around 11%.
As for Apple and Tesla, the companies had directionally different but equally volatile monthly moves.
Apple made a new all-time high closing price of $315.2 on the second day of the month but subsequently declined more than 10% from that peak.
