Magnificent 7 stocks news, Oct 14, 2026

The stock declined, sitting roughly 10% below its two-month peak as investors weigh a record $200B–$220B 2026 capex plan against negative free cash flow of $7.6B. Amazon is reportedly in negotiations to acquire AI startup Decart for about $7 billion, with no deal confirmed and the talks able to collapse or draw a rival bidder. Decart's optimization stack makes AI models run faster and cheaper on Nvidia GPUs, Google TPUs and Amazon's own Trainium chips, potentially reducing developer reliance on Nvidia's CUDA software. AWS backlog reached $496 billion with triple-digit growth, Q2 AWS revenue rose 37% to $42.2B, and the AWS operating margin expanded 650 basis points to 39.4%. Trailing-12-month operating cash flow rose 33% to $161.4B as of June 30, while Q2 revenue grew 20% to $200.6B and operating income jumped 43% to $27.5B.

Shares fell, leaving the stock well below its 52-week high of 408.61 with earnings due October 28. Two law firms are soliciting lead plaintiffs for a securities class action covering buyers from May 19 to July 16, 2026, alleging Alphabet concealed disappointing Gemini 3.5 Pro training results and a delayed launch, with lead-plaintiff deadlines of November 30 and December 1. BNP Paribas raised its target to $450 from $420, citing a potential $100B external TPU-sales opportunity by 2028, and some investors expect Cloud growth above 100% versus roughly 89% consensus. Google DeepMind and Google Cloud launched a program giving up to 200 European scientists hands-on access to frontier models with $3M in compute credits, and the stock rose on that news Wednesday. Citizens reiterated Market Outperform and a $515 price target despite YouTube global time spent declining 1.4% year over year for a second straight month.

The stock dropped 3.27%, retreating from Monday's Muse Wonder-driven gains though still close to its 52-week high of 779.82. Guggenheim raised its price target to $850 from $700, citing higher 2027 estimates and agentic AI upside, following a 2.74% rise after the Muse Wonder AI model debut. Seven Senate Democrats wrote to Zuckerberg alleging Meta may be improperly claiming federal R&D tax credits for AI data center construction, and a Senate Finance Committee letter accuses Meta of claiming data centers as experimental pilot models. Lula's Workers' Party will file an election-interference complaint against Meta before the Organization of American States ahead of Brazil's October 25 runoff, which Meta denies. Ray-Ban smart glasses reportedly recorded conversations without a 'Hey Meta' wake command after a firmware update, an issue Meta says is fixed.

Shares slipped nearly 2% after closing at a record $543.45 on Tuesday, the first record close since October 28, 2025. Microsoft unveiled its Maia 300 AI chip architecture, claiming it processes 40% more tokens per megawatt than GPUs and targeting AI inference workloads in Azure data centers at multi-gigawatt scale. The company denied a report that Azure Core president Girish Bablani directed teams to develop 20% cost-cutting plans to offset AI spending, calling it inaccurate and careless, while FY2026 capex was $145.3 billion. Azure revenue passed $100 billion for the first time in fiscal 2026, with Q4 growth of 43% and commercial remaining performance obligations up 84% to $678 billion. Microsoft also announced the $49.99 Xbox Nano Controller launching November 4, 2026, and worked with Japan's NPA to dismantle the YAM Store cybercrime marketplace.

The stock fell more than 3%, extending pressure from a hotter-than-expected September CPI that lifted Treasury yields and weighed on high-valuation growth shares. IDC data showed NVIDIA's share of China's AI data-center chip market fell to 34% in the first half of 2026, with accelerator shipments of roughly 678,000 units down 44% year over year as Huawei expanded. Microsoft's unveiled Maia 300 chip, with a plan to deploy more than one million units starting in 2027, reinforced investor anxiety about hyperscalers reducing dependence on NVIDIA's GPUs. CEO Jensen Huang said on a European tour that he would halt chip supply to any customer developing unsafe AI software and called Pope Leo XIV's AI safety concerns necessary and important. NVIDIA launched the cuPotential library for atomic-scale semiconductor simulation and co-launched the Build-A-Chip-Bench benchmark with ChipAgents.

Shares declined 2.15%, leaving the stock in the middle of its 52-week range ahead of the October 21 earnings date. Tesla opened its Say Q&A portal for the Q3 earnings call with submissions closing 4:00 p.m. EDT on October 20, and Cybercab, Robotaxi, Optimus and the pending NHTSA certification inquiry are expected to dominate questions. Q3 consensus stands at EPS of $0.43, down 14% year over year, on revenue of $27.79B, with the EPS estimate revised down 11.9% over the past 30 days. Tesla confirmed a livestreamed Roadster reveal on October 15 at SpaceX's Waco facility after a two-week weather delay, with deposits of $5,000 plus a $45,000 wire. Tesla Powerwalls supplied roughly 600 MW of a record 745 MW California residential-battery grid dispatch on October 6, and Tesla has 739 AVs registered with the Texas DMV as of October 10.