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Schwab Network

Short-Term Negativity for Mag 7 Stocks

7 min31 mars 2025

Matt Tuttle thinks there's "so much more going on beyond" just tariffs. When discussing Nvidia (NVDA) and the Mag 7 big tech stocks, he says the DeepSeek news was a "shot across the bow" for this group as A.I. spending and growth dominate the future. Matt says they "ran up on all of the hype surrounding A.I." calling DeepSeek the pin that popped its momentum. For Tesla (TSLA), longer-term he sees the company as an extremely important leader in "physical A.I." but says there could be an Elon problem.


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