The "Magnificent 7" group has largely underperformed this year as investors pivot to China's tech sector, drawn by the DeepSeek model amid worries over U.S. tech stock valuations.
$Apple (AAPL.US)$, $NVIDIA (NVDA.US)$, $Microsoft (MSFT.US)$, and $Alphabet-C (GOOG.US)$ have seen single-digit declines, while $Tesla (TSLA.US)$ has slipped nearly 12%. In contrast, $Meta Platforms (META.US)$ has surged 24%, gaining for 19 straight trading days....