Apple Leads the Magnificent Seven in 2026 as Alphabet Slides Into the Red
Apple is up 28.3% this year as of Thursday's close. Alphabet's 12.6% drop after its results left it down 9.3%, one of three of the seven now below where they started 2026.
Apple (AAPL) is the best of the Magnificent Seven this year, up 28.3% after rising 1.5% on Thursday to a 52-week closing high of $348.91. Nvidia (NVDA) is second, up 14.6%, followed by Microsoft (MSFT) at 9.6% and Amazon (AMZN) at 5.6%.
Thursday’s big change came from Alphabet (GOOGL). It fell 12.6% to $283.82, its worst day in at least five years, the day after its third-quarter report. Revenue rose 25% to $127.58 billion, but diluted earnings per share fell to $2.12 from $2.87 as other income swung to an $8.22 billion loss from a $12.76 billion gain a year earlier, the company said in its results release.
That leaves three of the seven below where they began the year: Meta (META), down 5.4%, Alphabet, down 9.3%, and Tesla (TSLA), down 10.3%.
What to watch: Amazon’s results, out after Thursday’s close, and Apple’s on Monday, 2 November.
Follow Apple
Its stories collect under My stocks on the front page. For the daily email, subscribe to the newsletter.
Mostly Markets is for information and education only and isn't investment advice. Marcus Lindqvist is a pen name. Prices are from Nasdaq and CNBC as of the time stated.
More on Apple
Latest from Mostly Markets
The DailyIntel's Worst Day Since 1974 Capped the Nasdaq's Worst Month Since March 2025
Five big companies lost about a quarter or more of their value this week on soft outlooks, and the Nasdaq ended October down about 5.3%. The week in eight charts.
Big moversStocks Making the Biggest Moves This Week: Reddit, ServiceNow, F5, Fortinet and Intel
Reddit plunged 36.4% this week on a soft forecast, and ServiceNow, F5, Fortinet, and Intel each lost about a quarter or more of their value after their own disappointing outlooks.
Stock Market Today: Intel's Worst Day Since 1974 Sinks the Nasdaq 2.9%
The Nasdaq fell 2.86% and the S&P 500 1.82% on Friday as Intel plunged 28.6% on a weak forecast, closing out the Nasdaq's worst month since March 2025.
Why it movedNebius, CoreWeave and Cloudflare Shares Slide: What Happened
Nebius fell 12.6%, CoreWeave 11.2% and Cloudflare 10.8% on Friday as worries about AI spending, sharpened by Amazon's and Intel's results, hit cloud and internet stocks.
Why it movedDell Technologies (DELL) Shares Slide After Intel Warns on the PC Market
Dell plunged 12.6% on Friday after Intel warned that a shortage of memory chips is choking PC demand, dragging HP and other hardware makers down with it.
