laggard

After a brief reversal, Amazon.com seems to have returned to its status as a major “Magnificent Seven” laggard, with shares slipping back into negative territory for 2025.

After a brief reversal, Amazon.com seems to have returned to its status as a major “Magnificent Seven” laggard, with shares slipping back into negative territory for 2025.

That said, there were still some large technology stocks over-owned relative to their index weightings — mainly market laggards.

Apple has been branded an AI laggard, and indeed the company has struggled to roll out the AI features it has teased.

Rather, it reflects investors’ disappointment at losing McMillon, who, in the span of a decade, orchestrated Walmart’s pivot from an industry laggard to a leader in both physical retail and e-commerce.