** Magnificent Seven group of megacap stocks gain ground after individual stocks ended Q1 with biggest quarterly losses in years
** Over $2.3 trillion wiped off combined market value of cohort in Q1, says Dan Coatsworth, investment analyst at AJ Bell
** Tesla TSLA.O rallies 6.3%; co slumped over 35% in Q1, its worst quarter since Q3 2022 and third-worst on record
** Apple AAPL.O up 0.2% after Q1 losses of over 11%, biggest quarterly loss since 2023
** Nvidia NVDA.O rises 0.6%; fell 19% in Q1, worst quarter since 2022
** Microsoft MSFT.O gains 1.4%; Q1's ~11% loss biggest since Q2 2022
** Amazon.com AMZN.O rises 0.4% after losing ~13% in Q1, stock fell over 10% in March
** Alphabet GOOGL.O up 1%, after biggest quarterly fall since Q2 2022
** Meta Platforms META.O up 1.6%; stock lost nearly 14% in March and 1.5% in Q1, first quarterly loss in nearly two years
** Barring META, all Mag7 stocks down YTD, with TSLA down 31.7% YTD and NVDA down ~19%
** However, Mag7 still have "strong growth prospects well into the future," Coatsworth says
The Magnificent Seven versus the market https://www.reuters.com/graphics/MAG7-AUTOMATED/INDEXES-COMP-YTD-20250331/egpbllogbpq/chart_eikon.jpg
(Reporting by Lisa Mattackal)
((((LisaPauline.Mattackal@thomsonreuters.com;)) ))
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