The Fantastic Seven stocks are slightly down; Nvidia is on the rise.

Investing.com -- The group of stocks known as the Magnificent Seven is experiencing a slight decline in pre-market trading on Thursday. In contrast, Nvidia shares are rising in early trading.

Looking at the movements within the Magnificent Seven, Nvidia has seen an increase of 0.5%. Meanwhile, Alphabet and Meta are down by less than 0.5%. Tesla, Amazon, and Microsoft shares have largely remained unchanged. The Bloomberg Magnificent 7 index, which measures these stocks equally, has recorded a decline of about 13% this year. This drop follows a significant 67% increase projected for 2024 and a doubling of value in 2023.