Magnificent 7 stocks news, Oct 15, 2026

Amazon launched the Bee Frontier wearable at $74.99 and the Bee Eclipse phone attachment at $99.99, paired with a $11.99 monthly Bee Pro subscription for conversation summaries, Alexa+ integration and shopping recommendations. The company confirmed its Q3 2026 earnings call for Thursday, Oct. 29 at 2:00 p.m. PT. AWS backlog reached $496B, more than double the $244B at the start of 2026, and the custom chip and AI businesses each surpassed a $25B annual run rate in Q2. 2026 capital expenditures are guided at roughly $220B, driving trailing-12-month free cash flow to negative $7.6B. Elon Musk floated launching an Amazon competitor on X after Amazon blocked Grok bots, and Amazon also blocked Meta's Muse AI shopping agent.

Google rolled out Gemini 4 Argon at $2 per million input tokens and $10 per million output tokens, roughly 50% below some competing models, with BNP Paribas maintaining a $420 price target. Google and Unity announced Unity Spark, an AI platform that turns text prompts into playable games. Alphabet agreed to a $4.3 billion, 20-year PPA with Constellation Energy for 890 MW of new nuclear capacity plus a 15-year deal covering 2,700 MW, and backed a $4 billion fuel-cell project near Cheyenne, Wyoming. A federal securities class action alleges misleading statements about Gemini 3.5 Pro's training results and delayed launch, with a lead-plaintiff deadline of Nov 30, 2026 for shares purchased between May 19 and July 16. Q3 earnings are due Oct. 28 with consensus $2.94 EPS and $111.36 billion revenue, and Waymo passed 500,000 fully autonomous rides per week.

Meta launched Muse Spark Open, an 816-billion-parameter (42B active) open-weight model with a 1-million-token context window, described as the most capable U.S. open-weight model to date. In an unusual alliance, Meta worked with Apple to optimize the model for M5 Ultra Mac Studios using Apple's MLX framework, allowing it to run locally across two paired machines. The model needs roughly 1 TB of RAM natively, or two 512GB Mac Studios in 4-bit compression, placing it with developers and enterprises rather than consumers. DOJ senior officials halted a long-running criminal grand jury investigation into Meta over illegal pharmaceutical sales and are considering a civil resolution or non-prosecution agreement instead. Ray-Ban Meta smart glasses reportedly recorded conversations without the wake word; Meta said on Oct. 13 the issue has been resolved without disclosing a cause.

The Trump administration suspended Microsoft and seven other firms from the PERM green-card program on Oct. 8, with Vice President JD Vance accusing the company of abusing H-1B visas. Microsoft President Brad Smith called the fraud allegations 'completely off base' and warned that blocking permanent residency for skilled immigrants could 'cripple' US tech for more than a generation. Microsoft completed pre-training of MAI-Base-2, a 2.8-trillion-parameter (80B active) mixture-of-experts model trained on 16,000 Nvidia GB200 GPUs over 38 days with about 50 trillion tokens, claiming 4.2-12.3x greater compute efficiency than DeepSeek-V4-Pro-Base. Post-training is underway, and the weights could be licensed to trusted partners via Azure AI Foundry. Fiscal Q1 2027 earnings are due Oct. 28, and BNP Paribas kept Outperform while raising its price target to $604 from $549.

No news summary is available for NVDA today because of a pipeline error. The shares nonetheless extended their recent losing streak with a notable decline, their fourth straight daily drop following Tuesday's slide on China share loss to Huawei and Microsoft's rival Maia 300 chip unveiling. Next earnings are scheduled for 2026-11-17, leaving the stock's 52-week range of 164.27-243.37 with the price sitting below its earlier record territory.

Tesla will unveil the next-gen Roadster on Thursday evening from SpaceX's McGregor test site near Waco, TX, livestreamed on X, nearly nine years after the 2017 prototype; Musk calls it a 'small potato' financially while Morningstar's Seth Goldstein calls it Tesla's new halo car. The Cybercab robotaxi fleet in Austin grew eightfold in roughly 30 days to more than 300 vehicles as of Oct. 10, with Texas registrations showing about 319 Cybercabs and 420 Model Y robotaxis, and Dallas named as the next city. Barclays' Dan Levy told clients a Tesla-SpaceX merger has 'increasingly become the consensus expectation,' flagging the Dec. 6 AGM deadline as the window for a shareholder vote. NHTSA filings added two more remote-operator robotaxi crashes in August, bringing total unique robotaxi incident reports to 36, up from 22 in July. A Korean semiconductor engineer alleged Tesla poached talent from Samsung's Taylor fab for the Terafab chip project as earnings approach.