Magnificent 7 stocks news, Oct 27, 2026

Amazon shares rose as attention turned to Q3 results, due after the close on 2026-10-29. Guidance implies net sales of $197-202B and operating income of $22.5-26.5B, versus $17.4B a year earlier, while Zacks' consensus sits at $202.11B revenue and $2.01 EPS. Analyst targets span $230 to $405, with Mizuho reiterating Outperform at $330 on AWS upside and Morgan Stanley's earlier $350 top-pick call still in focus. The coverage notes AWS sold out through 2027, a $496B backlog and roughly $220B of planned 2026 data-center spending against negative trailing free cash flow. Shares remain well below the 52-week high despite the year-to-date gain.

Alphabet rose as investors looked to Q3 results after the close on 2026-10-28. Consensus is about $127.8B revenue, up roughly 25% year over year, with EPS estimated at $2.94-$3.02 and 14 straight beats on both lines. Google Cloud is expected near $29.15B, up 92%, while 2026 capex guidance was raised $15B to $195-205B and free cash flow has turned negative for the first time since the 2004 IPO. Options markets price a move larger than the stock's average post-earnings swing, and analyst targets diverge from $410 to $480 around the print. The stock remains far below its May record and its 200-day moving average.

Meta slipped on heavy volume after upsizing its equity offering to $97.5B from a $95B target, the Class A deal having been oversubscribed fivefold, with up to $60B in additional non-voting Class C sales flagged for early 2027. Nvidia committed $3B and AMD $1B to the raise, which funds 2026 AI capex of $135B-$145B. A New Mexico judge ordered a $25B payment over Facebook data-privacy claims, which Meta said it will appeal, and regulators in Oregon and other states questioned the Oct 17 shutdown of the No Kings Instagram account. The stock is down roughly 12.8% over the past week, with Q3 free cash flow negative at -$2.12B even as revenue grew 26% and Q4 guidance beat consensus. BNP Paribas' $940 target hinges on cutting Muse serving costs 10x toward potential 2027 gross-profit break-even.

Microsoft edged lower after offering voluntary buyouts to roughly 60,000 employees, about a quarter of its global workforce, its second program this year, with decisions due by early December and departures by Dec 31. Q3 earnings arrive after the close on 2026-10-28, with analysts expecting $4.72 EPS on $90.68B revenue and options pricing a 4.69% move. The debate centers on AI capex of $175B guided for 2026 and $50B in Q1 2027, plus Anthropic's non-cancellable commitment of at least $44.9B in cloud payments to Microsoft through May 2033. An Arctic Wolf report found attackers exploiting a default-on Teams external-chat feature across roughly 400 incidents, adding security-perception risk. Coverage sentiment was the only clearly negative one in the portfolio today.

Nvidia advanced after announcing a $3B investment in Meta's equity offering, extending the Muse AI partnership with additional Vera Rubin GPUs, Vera CPUs and networking gear. Offsetting that, IDC reported the company's data center AI chip shipments to China fell 44% year over year in H1 2026 amid export restrictions and production constraints. ByteDance, Alibaba and Tencent have reportedly ordered over $35B of RTX PRO 5500 cards at list prices, with demand exceeding planned capacity. NVIDIA and Oracle also announced general availability of Vera Rubin NVL72 systems on OCI, with Superclusters set to scale to multi-gigawatt size. The stock is still about 12% below its early-October all-time high, within a 52-week range well above its low, ahead of earnings on 2026-11-17.

Tesla was the day's biggest gainer among your holdings, rising about 4% as ARK Invest's Tasha Keeney reiterated a $4,400 price target by 2031 built primarily on the robotaxi thesis. The company said robotaxi service is coming soon to San Antonio, Jacksonville, Las Vegas and Phoenix, while Houston's geofence expanded more than 900% and Austin grew to about 270 square miles. Fort Bend County approved tax abatements and a 35-year agreement for the proposed $10B solar cell plant, with a site decision possible within days. Cybertruck plans for Australia and New Zealand were officially cancelled after roughly seven years of reservations, with refunds and a year of free FSD (Supervised) for affected buyers. Q3 showed adjusted EPS of $0.48 beating consensus on flat revenue, but capex guidance was cut to about $20B and coverage still tracks the SpaceX merger committees.