BUD FOX RESEARCH · MAGNIFICENT SEVEN
Mag7 Desk Note #68
THURSDAY, SEPTEMBER 3, 2026
OPEN PREVIEWDESK NOTE 068 · 03 SEPT 2026 · 06:38 ET
Published 6:38 AM ET · Market data through 7:56 AM ET
Leadership
NVDA strongest trend · META cleanest relative
Positioning
5/7 ABOVE EMA20 · 11% AVG CONV
Risk
2/7 BELOW EMA20 · GOOGL WEAKEST RELATIVE
Watch
NVDA +3.4% vs EMA20 · equipment tape remains broken
Deltas
Since last note
- CHANGED NVDA flipped from marginal (+0.5%) to genuine leadership (+3.4%, peer edge 3.6→6.7pp); META did the same (+0.6%→+2.8%).
- CHANGED Discount rate got less forgiving: VIX 14.92→16.34, 10Y 4.75→4.79%, WTI $90.15→$92.90.
- CHANGED [NEW] MSFT will disclose Azure revenue in a reporting overhaul; TSLA also dropped out of the earnings window (no print now).
Desk Synthesis
Executive Takeaway
Leadership rotated inside the cohort, not out of it: NVDA and META took over from AAPL/MSFT while breadth held at 5/7 above EMA20 and every name stayed NEUTRAL (31% ceiling at NVDA). The structural anchor is unchanged — $947.7B tracked CapEx, $319.5B AI-attributed, TSMC July +44.7% YoY — so the WFE bleed (AMAT -15.3%, KLAC -11.8% over 21 sessions) is hedging and order-timing noise, not a hardware slowdown. The compressor is macro: 10Y 4.79%, VIX 16.34, WTI +23.5% over 21 days. Own the relative strength; press nothing.
Positioning
- NVDA is the cleanest long: +3.4% vs EMA20 on 1.24x RVOL, +6.7pp over AMD/AVGO (from +3.6pp), and the only Mag7 name where IV sits meaningfully below RV (-3.9 pts) — hedges cheap versus delivered movement. Side with foundry output over the equipment tape.
- META is the second-derivative trade: +2.8% trend at only the 27th 52w percentile, comps merely in-line vs GOOGL/SNAP, so this is idiosyncratic re-rating on the model launch, not a sector bid.
- GOOGL stays a dislocation, not a buy — RSI 43.1, -2.0% vs EMA20, -4.4pp vs META/MSFT while funding the largest tracked book ($185B). IV-RV +10.6 pts favors selling premium, not chasing; require an EMA20 reclaim.
- Trim conviction in MSFT: peer edge narrowed to +4.0pp, trend cooled, and Nadella sold ~86.5k shares on 9/1 into the Azure-disclosure news.
Key Risks
- Low VIX and HY OAS 2.65% are false comfort — IV exceeds RV in five of seven names, so single-name protection is rich outside NVDA and MSFT.
- Cached option rows are stale versus cash (TSLA 328.58 vs 357.01; MSFT 501.02 vs 496.82) — unusable for live pricing. The $500B AI-financing figure is a headline, not FACTS.
- NVDA insider supply: ~1.85M shares from one holder 8/31–9/2 into strength. Overhang, not a demand signal.
Watch
NVDA · +3.4% EMA20 cushion vs CapexIndex $947.7B combined CapEx and TSMC July +44.7% YoY — if that cushion fails while AMAT/LRCX/KLAC keep sliding, positioning unwind becomes de-rating.
What Changed
- NVDA flipped from marginal (+0.5%) to genuine leadership (+3.4%, peer edge 3.6→6.7pp); META did the same (+0.6%→+2.8%).
- Discount rate got less forgiving: VIX 14.92→16.34, 10Y 4.75→4.79%, WTI $90.15→$92.90.
- [NEW] MSFT will disclose Azure revenue in a reporting overhaul; TSLA also dropped out of the earnings window (no print now).
Universe
Magnificent Seven · 7 names
SOURCE Yahoo Finance · AS OF 03 SEPT 2026 06:38 ET
Price = daily close · vs SPY = 24h relative · equity as of Sep 3, 6:38 AM ET · options as of Sep 3, 6:36 AM ET
| Symbol | Price | Trend | RSI | RVOL | RV20 | IV30 | IV−RV | Skew | vs SPY | Conv |
|---|---|---|---|---|---|---|---|---|---|---|
| AAPL | 324.96 | +3.0% | 60.9 | 0.83x | 18.9 | 25.1 | +6.2 | — | -0.50% | 7% |
| MSFT | 496.82 | +2.0% | 60.8 | 0.61x | 22.0 | 20.7 | -1.3 | — | -1.28% | 18% |
| GOOGL | 337.12 | -2.0% | 43.1 | 0.96x | 20.8 | 31.5 | +10.6 | — | +0.18% | 10% |
| AMZN | 254.98 | -1.9% | 46.4 | 0.70x | 26.0 | 29.0 | +3.0 | — | -0.42% | 0% |
| NVDA | 224.41 | +3.4% | 56.7 | 1.24x | 45.0 | 41.1 | -3.9 | — | +2.76% | 31% |
| META | 592.85 | +2.8% | 55.2 | 1.08x | 31.2 | 36.7 | +5.5 | — | +2.03% | 9% |
| TSLA | 357.01 | +2.3% | 53.5 | 0.98x | 42.0 | 42.7 | +0.7 | — | -0.19% | 0% |
Community
TradingView strategies · Mag7 · 7
SOURCE TradingView · PineTS · AS OF 01 SEPT 2026 22:55 ET
1y daily · TV community Pine · PineTS Mag7 backtest
| Strategy | Sharpe | Return | Beat B&H | Max DD | Mag7 | Now |
|---|---|---|---|---|---|---|
| Vegas SuperTrend Enhanced - strategy [presentTrading] | -0.12 | -3.0% | 2/7 | 24.1% | AAPL-2.6%MSFT-16.4%GOOGL+27.5%AMZN-7.4%NVDA+10.7%META-21.0%TSLA-12.0% | MIXED |
| SuperTrend Strategy with Rsi filter for BTCUSD 4H | -0.16 | -5.5% | 2/7 | 31.8% | AAPL+6.5%MSFT+16.2%GOOGL+4.8%AMZN-30.7%NVDA-26.7%META-2.9%TSLA— | SHORT |
| Strategy: HMA 50 + Supertrend Sniper | -0.18 | -15.7% | 1/7 | 39.0% | AAPL+0.0%MSFT-5.9%GOOGL-14.5%AMZN-22.9%NVDA-23.5%META-33.2%TSLA-10.0% | MIXED |
| SuperTrended Moving Averages Strategy | -0.23 | -4.3% | 2/7 | 23.3% | AAPL+10.7%MSFT-8.8%GOOGL-23.0%AMZN-4.9%NVDA-2.1%META+8.0%TSLA-9.7% | SHORT |
| Strategic Multi-Step Supertrend Trader - Strategy [presentTrading] | -0.44 | -0.8% | 3/7 | 6.0% | AAPL-1.0%MSFT+0.1%GOOGL+1.8%AMZN-4.6%NVDA-2.9%META-1.7%TSLA+2.8% | MIXED |
| Elliott Wave with Supertrend Exit - Strategy [presentTrading] | -0.83 | -0.9% | 1/7 | 2.0% | AAPL-0.4%MSFT-1.1%GOOGL-2.0%AMZN-0.1%NVDA—META-1.0%TSLA— | SHORT |
| AI Volume Supertrend - Strategy [presentTrading] | -1.24 | -11.7% | 1/7 | 14.2% | AAPL-13.8%MSFT-10.3%GOOGL-12.7%AMZN-11.9%NVDA-13.0%META-8.4%TSLA-11.6% | SHORT |
Quantitative approximations derived from community-authored TradingView scripts across the Mag7 universe. Execution results are simulated and may not reflect live platform fills. Not investment advice.
Macro
US macro + FX · 13 series
SOURCE FRED · AS OF 03 SEPT 2026 06:35 ET
| Series | Label | Latest | Change | As of |
|---|---|---|---|---|
| DFF | Fed funds effective | 3.63% | +0.00 | 2026-09-01 LAGGED |
| DGS2 | 2Y Treasury | 4.39% | +0.05 | 2026-09-01 LAGGED |
| DGS10 | 10Y Treasury | 4.79% | +0.04 | 2026-09-01 LAGGED |
| T10Y2Y | 10Y–2Y spread | 0.40% | +0.00 | 2026-09-02 |
| T10YIE | 10Y breakeven inflation | 2.34% | -0.01 | 2026-09-02 |
| BAMLH0A0HYM2 | HY OAS | 2.65% | +0.02 | 2026-09-01 LAGGED |
| UNRATE | Unemployment rate | 4.10% | -0.10 | 2026-07-01 LAGGED |
| CPIAUCSL | CPI (all urban, SA) | 332.8 | +3.54% YoY | 2026-07-01 LAGGED |
| DTWEXBGS | Broad USD index | 118.7 | +0.39 | 2026-08-28 LAGGED |
| DEXUSEU | EURUSD | 1.1598 | -0.0056 | 2026-08-28 LAGGED |
| DEXJPUS | USDJPY | 159.97 | +0.71 | 2026-08-28 LAGGED |
| DEXCHUS | USDCNY (CNH proxy) | 6.7260 | +0.0062 | 2026-08-28 LAGGED |
| VIXCLS | VIX | 16.34 | +1.42 | 2026-09-01 LAGGED |
Metals
Precious & auto metals · 5
SOURCE Yahoo Finance · Futures · AS OF 03 SEPT 2026 06:35 ET
Pt / Pd / Ag / Au + Cu
| ID | Metal | Price | 1d | 5d | 21d | Auto relevance |
|---|---|---|---|---|---|---|
| PL | Platinum | $1,768 | +0.47% | -4.19% | +1.76% | Catalytic converters (ICE); cost input for auto OEMs / suppliers |
| PA | Palladium | $1,378 | +2.33% | +3.02% | +0.97% | Gasoline catalytic converters; sharp moves hit auto input costs |
| SI | Silver | $66.02 | +2.00% | -4.91% | +6.31% | Electronics / EV contacts; industrial demand proxy |
| GC | Gold | $4,468.6 | +2.34% | -3.06% | +5.25% | Macro risk / real-rate proxy; can affect auto valuation multiples |
| HG | Copper | $6.6000 | +1.52% | +0.20% | -1.54% | EV wiring / motors; not precious but core auto cost input |
Power
Power & energy · 9
SOURCE Yahoo Finance · AS OF 03 SEPT 2026 06:35 ET
Oil / gas / utilities / uranium for AI & industrial power costs
| ID | Name | Price | 1d | 5d | 21d | Relevance |
|---|---|---|---|---|---|---|
| CL | WTI crude | $92.90 | +2.08% | +11.22% | +23.50% | Oil complex; logistics & broader industrial cost pressure |
| BZ | Brent crude | $97.37 | +1.82% | +8.55% | +22.56% | Global oil benchmark; energy inflation proxy |
| NG | Natural gas | $2.989 | +1.12% | +2.82% | +11.20% | US power-gen feedstock; data-center / utility cost sensitivity |
| XLU | Utilities ETF | 42.67 | +0.26% | -1.48% | -3.81% | Grid / power-utility equity basket; AI power demand narrative |
| URA | Uranium ETF | 44.32 | +0.86% | -7.94% | +8.60% | Nuclear fuel chain; long-duration AI power buildout proxy |
| XLE | Energy Select ETF | 65.10 | +0.51% | +4.28% | +11.24% | Integrated energy equity beta |
| EQIX | Equinix | $1,019.2 | -0.81% | -5.05% | -0.71% | Datacenter REIT — colo capacity / interconnection demand proxy |
| DLR | Digital Realty | $183.76 | +0.27% | -4.45% | -3.90% | Hyperscale datacenter real-estate / power shell deployment |
| VRT | Vertiv | $256.70 | +0.29% | +0.37% | -2.41% | Datacenter power & thermal infrastructure orders |
Semis
Semiconductor supply chain · 6
SOURCE Yahoo Finance · AS OF 03 SEPT 2026 06:35 ET
Foundry + equipment bottleneck tape
| ID | Name | Price | 1d | 5d | 21d | Relevance |
|---|---|---|---|---|---|---|
| SMH | Semi ETF (SMH) | 550.48 | +0.96% | -0.96% | +0.92% | Broad semiconductor supply-chain beta |
| TSM | TSMC | $415.50 | +0.36% | -0.52% | -0.40% | Leading-edge foundry capacity for NVDA / Apple / AMD |
| ASML | ASML | $1,682.3 | +1.03% | -3.55% | +2.42% | EUV lithography bottleneck for advanced nodes |
| AMAT | Applied Materials | $438.46 | -0.77% | -8.66% | -15.30% | Wafer fab equipment — deposition / etch / CMP |
| LRCX | Lam Research | $288.32 | -0.65% | -8.37% | -2.14% | Etch / deposition equipment for logic & memory |
| KLAC | KLA | $172.26 | +0.80% | -6.29% | -11.77% | Process control / inspection — yield bottleneck |
Gases
Specialty gases · 3
SOURCE Yahoo Finance · AS OF 03 SEPT 2026 06:35 ET
Industrial-gas proxies for fab specialty gases
| ID | Name | Price | 1d | 5d | 21d | Relevance |
|---|---|---|---|---|---|---|
| LIN | Linde | $487.45 | +0.14% | +0.05% | +1.45% | Largest industrial gas franchise; fab specialty-gas exposure |
| APD | Air Products | $309.45 | +1.35% | +1.84% | +5.64% | Hydrogen / electronic gases for semiconductors & refining |
| AIQUY | Air Liquide ADR | $39.96 | -0.15% | +2.10% | +2.04% | Electronics / specialty gases for chip manufacturing |
News
Mag7 headlines · 7
SOURCE News wire · AS OF 03 SEPT 2026 06:35 ET
| Symbol | Name | Headlines |
|---|---|---|
| AAPL | Apple | |
| MSFT | Microsoft | |
| GOOGL | Alphabet | |
| AMZN | Amazon | |
| NVDA | NVIDIA | |
| META | Meta | |
| TSLA | Tesla |
News
Front-page semantics · 2
SOURCE Front-page wire · AS OF 03 SEPT 2026 06:36 ET
CNBC · FT · TipRanks · TheStreet · Fool · CNN · Fox Business
Today's Mag7 news highlights the ongoing focus on AI, with a financial watchdog raising concerns about its impact. Regulatory scrutiny continues to be a theme, alongside general market movements. No major earnings or specific company-breaking news for Mag7 today.
| Urgency | Theme | Story | Mag7 | Source |
|---|---|---|---|---|
| HIGH | AI/chips | The world’s financial watchdog is sounding the alarm on AI | ALL | TheStreet |
| MEDIUM | AI/chips | Wall Street panicked over AI. Then came an 8-figure cybersecurity twist | MSFT, GOOGL, AMZN, NVDA | TheStreet |
Influencers
Donald J. Trump · Truth Social · 7
SOURCE Trump's Truth · AS OF 03 SEPT 2026 06:35 ET
| Symbol | Name | Date | Latest Truth |
|---|---|---|---|
| AAPL | Apple | September 2, 2026, 4:09 PM | |
| MSFT | Microsoft | August 10, 2024, 11:01 PM | |
| GOOGL | Alphabet | August 30, 2026, 5:36 PM | |
| AMZN | Amazon | December 30, 2025, 4:18 PM | |
| NVDA | NVIDIA | September 1, 2026, 3:39 PM | |
| META | Meta | February 9, 2023, 1:46 PM | |
| TSLA | Tesla | March 11, 2025, 4:12 PM |
Options
Mag7 options · 7
SOURCE Options · Massive · AS OF 03 SEPT 2026 06:36 ET
Front expiry ATM IV · put/call
| Symbol | Spot | Expiry | ATM IV | P/C vol | P/C OI | Skew |
|---|---|---|---|---|---|---|
| AAPL | 325.13 | 2026-10-02 | 25.1% | 1.14 | — | — |
| MSFT | 501.02 | 2026-10-02 | 20.7% | 1.60 | — | — |
| GOOGL | 335.02 | 2026-10-02 | 31.5% | 1.49 | — | — |
| AMZN | 254.92 | 2026-10-02 | 29.0% | 0.72 | — | — |
| NVDA | 223.96 | 2026-09-04 | 41.1% | 0.12 | — | — |
| META | 592.10 | 2026-09-04 | 36.7% | 1.07 | — | — |
| TSLA | 328.58 | 2026-09-04 | 42.7% | 0.13 | — | — |
Alt data
Congress trades · Mag7 · 20
SOURCE Capitol Trades · AS OF 04 SEPT 2026 07:55 ET
STOCK Act disclosures
| Symbol | Side | Range | Member | Party / chamber | Date |
|---|---|---|---|---|---|
| NVDA | sell | 15K–50K | Sheldon Whitehouse | Democrat · Senate | 2026-08-12 |
| GOOGL | sell | 100K–250K | Chris Coons | Democrat · Senate | 2026-08-06 |
| AMZN | buy | 1K–15K | Jared Moskowitz | Democrat · House | 2026-07-12 |
| NVDA | sell | 1K–15K | Jared Moskowitz | Democrat · House | 2026-07-12 |
| META | sell | 1K–15K | Jared Moskowitz | Democrat · House | 2026-07-12 |
| AAPL | buy | 50K–100K | Dave McCormick | Republican · Senate | 2026-08-18 |
| AAPL | buy | 250K–500K | Dave McCormick | Republican · Senate | 2026-08-17 |
| AAPL | buy | 100K–250K | Dave McCormick | Republican · Senate | 2026-08-16 |
| AAPL | buy | 100K–250K | Dave McCormick | Republican · Senate | 2026-08-11 |
| AAPL | buy | 250K–500K | Dave McCormick | Republican · Senate | 2026-08-09 |
| AAPL | sell | 100K–250K | Shri Thanedar | Democrat · House | 2026-01-08 |
| AAPL | buy | 1K–15K | Tracey Mann | Republican · House | 2024-08-19 |
| GOOGL | buy | 1K–15K | Tracey Mann | Republican · House | 2024-08-19 |
| GOOGL | buy | 1K–15K | David Taylor | Republican · House | 2026-08-21 |
| MSFT | sell | 15K–50K | David Taylor | Republican · House | 2026-08-21 |
| AAPL | buy | 1K–15K | Richard Blumenthal | Democrat · Senate | 2026-08-10 |
| AAPL | buy | 1K–15K | Richard Blumenthal | Democrat · Senate | 2026-08-09 |
| AMZN | sell | 1K–15K | Sheldon Whitehouse | Democrat · Senate | 2026-08-11 |
| AAPL | sell | 1K–15K | John McGuire | Republican · House | 2026-08-17 |
| NVDA | buy | 1K–15K | John McGuire | Republican · House | 2026-08-17 |
Alt data
Insider trades · Mag7 · 20
SOURCE SEC EDGAR · AS OF 03 SEPT 2026 06:35 ET
Open-market purchases / sales
| Symbol | Side | Shares | Price | Filer | Title | Date |
|---|---|---|---|---|---|---|
| MSFT | Sale | 1,040 | 498.24 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 5,080 | 499.45 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 24,723 | 500.47 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 32,901 | 501.12 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 4,520 | 502.29 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 7,067 | 503.44 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 9,834 | 504.11 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| MSFT | Sale | 1,360 | 505.20 | Nadella Satya | Chief Executive Officer | 2026-09-01 |
| NVDA | Sale | 447,400 | 220.10 | STEVENS MARK A | — | 2026-08-31 |
| NVDA | Sale | 137,600 | 220.91 | STEVENS MARK A | — | 2026-08-31 |
| NVDA | Sale | 63,501 | 220.06 | STEVENS MARK A | — | 2026-09-01 |
| NVDA | Sale | 300,000 | 220.08 | STEVENS MARK A | — | 2026-09-02 |
| NVDA | Sale | 300,000 | 222.92 | STEVENS MARK A | — | 2026-09-02 |
| NVDA | Sale | 300,000 | 224.07 | STEVENS MARK A | — | 2026-09-02 |
| NVDA | Sale | 300,000 | 226.27 | STEVENS MARK A | — | 2026-09-02 |
| NVDA | Sale | 6,692 | 216.84 | Teter Timothy S. | EVP, General Counsel and Sec | 2026-08-31 |
| NVDA | Sale | 13,913 | 217.95 | Teter Timothy S. | EVP, General Counsel and Sec | 2026-08-31 |
| NVDA | Sale | 9,395 | 218.53 | Teter Timothy S. | EVP, General Counsel and Sec | 2026-08-31 |
| GOOGL | Sale | 82 | 337.71 | ARNOLD FRANCES | Director | 2026-08-28 |
| AAPL | Sale | 1,439 | 310.95 | Newstead Jennifer | SVP, GC and Secretary | 2026-08-25 |
Alt data
Short interest · Mag7 · 7
SOURCE Short interest · AS OF 03 SEPT 2026 06:35 ET
Days to cover = SI ÷ ADV
| Symbol | Short interest | ADV | Days to cover | Δ SI | Settlement |
|---|---|---|---|---|---|
| AAPL | 116.33M | 46.07M | 2.53 | -17.9% | 2026-08-14 |
| MSFT | 68.54M | 33.44M | 2.05 | -15.7% | 2026-08-14 |
| GOOGL | 72.71M | 27.23M | 2.67 | +3.1% | 2026-08-14 |
| AMZN | 95.30M | 42.07M | 2.27 | -3.2% | 2026-08-14 |
| NVDA | 285.96M | 113.58M | 2.52 | -2.3% | 2026-08-14 |
| META | 28.05M | 14.46M | 1.94 | -10.8% | 2026-08-14 |
| TSLA | 69.20M | 32.13M | 2.15 | +1.0% | 2026-08-14 |
Calendar
Earnings · Mag7 · 5
SOURCE Finnhub · AS OF 03 SEPT 2026 06:35 ET
Window 2026-08-20 → 2026-11-02 · EPS actual / estimate
| Symbol | Date | Timing | Session | Period | EPS A/E |
|---|---|---|---|---|---|
| MSFT | 2026-10-27 | In 54d | — | Q1 2027 | — / 4.82 |
| GOOGL | 2026-10-27 | In 54d | AMC | Q3 2026 | — / 3.11 |
| META | 2026-10-27 | In 54d | AMC | Q3 2026 | — / 6.66 |
| AAPL | 2026-10-28 | In 55d | AMC | Q4 2026 | — / 2.02 |
| AMZN | 2026-10-28 | In 55d | AMC | Q3 2026 | — / 1.99 |
| NVDA | No print in window | ||||
| TSLA | No print in window | ||||
Comps
Competitive peers · Mag7 · 7
SOURCE Competitive peers · AS OF 03 SEPT 2026 06:35 ET
| Primary | Price | Trend | Peer 1 | Price | Trend | RVOL | Peer 2 | Price | Trend | RVOL | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AAPL | 324.96 | +3.0% | MSFT | 496.82 | +2.0% | 0.61x | GOOGL | 337.12 | -2.0% | 0.96x | Platform + consumer software peers |
| MSFT | 496.82 | +2.0% | GOOGL | 337.12 | -2.0% | 0.96x | AMZN | 254.98 | -1.9% | 0.70x | Cloud / enterprise software peers |
| GOOGL | 337.12 | -2.0% | META | 592.85 | +2.8% | 1.08x | MSFT | 496.82 | +2.0% | 0.61x | Ad platforms + cloud peers |
| AMZN | 254.98 | -1.9% | WMT | 106.09 | -1.8% | 0.91x | COST | 928.48 | -2.0% | 1.22x | Commerce / retail scale peers |
| NVDA | 224.41 | +3.4% | AMD | 457.06 | -4.1% | 0.59x | AVGO | 367.24 | -2.6% | 1.96x | AI / semiconductor peers |
| META | 592.85 | +2.8% | GOOGL | 337.12 | -2.0% | 0.96x | SNAP | 5.59 | +4.7% | 0.77x | Social / digital ads peers |
| TSLA | 357.01 | +2.3% | GM | 84.87 | -1.1% | 1.16x | F | 14.14 | +0.6% | 1.44x | Auto / EV peers |
Patents
USPTO · Mag7 · 21 grants
SOURCE USPTO · AS OF 04 SEPT 2026 07:56 ET
| Symbol | Granted | Age | Patent | Title | Assignee |
|---|---|---|---|---|---|
| GOOGL | 2026-05-19 | 4mo ago | US12632461B2 | Application prediction based on a visual search determination | Google LLC |
| AAPL | 2026-05-12 | 4mo ago | USD1126244S1 | Display screen or portion thereof with animated graphical user interface | Apple Inc |
| GOOGL | 2026-05-12 | 4mo ago | US12625895B2 | Generating a personal database entry for a user based on natural language user … | Google LLC |
| GOOGL | 2026-05-12 | 4mo ago | US12625918B2 | Automatic navigation of interactive web documents | Google Llc |
| AMZN | 2026-05-12 | 4mo ago | USD1125979S1 | Wall mount | Amazon Technologies, Inc |
| MSFT | 2026-05-12 | 4mo ago | US12627818B2 | Constraints on locations of reference blocks for intra block copy prediction | Microsoft Technology Licensing, Llc |
| META | 2026-05-12 | 4mo ago | US12625557B2 | Detecting head gestures using inertial measurement unit signals | Meta Platforms, Inc |
| AAPL | 2026-05-05 | 4mo ago | USD1125246S1 | Display screen or portion thereof with icon | Apple Inc |
| NVDA | 2026-05-05 | 4mo ago | US12619596B2 | Automatical generation and maintenance of data cards for datasets | Nvidia Corporation |
| GOOGL | 2026-04-28 | 4mo ago | US12613915B2 | Structured video documents | Google LLC |
| AMZN | 2026-04-28 | 4mo ago | USD1123902S1 | Electronic device | Amazon Technologies, Inc |
| AMZN | 2026-04-28 | 4mo ago | USJPCAUSD1123902S1 | Electronic device | Amazon Technologies, Inc. |
| GOOGL | 2026-04-21 | 5mo ago | US12608369B2 | Methods, systems, and computer readable media related to generating a combined search query based on search parameters of a current search query of a user and search parameters of one or more previously submitted search queries of the user that are determined to be of the same line of inquiry as … | Google Llc |
| META | 2026-04-21 | 5mo ago | US12608435B2 | Accessing content via a logged-out experience | Meta Platforms, Inc |
| AMZN | 2026-04-14 | 5mo ago | USD1122257S1 | Electronic device | Amazon Technologies, Inc |
| NVDA | 2026-04-14 | 5mo ago | US12602332B1 | Distributed page table, memory map and routing table for multiple node processing | NVIDIA Corporation |
| AMZN | 2026-04-07 | 5mo ago | USD1121603S1 | Wireless connectivity device | Amazon Technologies, Inc |
| META | 2026-04-07 | 5mo ago | US12597444B2 | Systems and methods for automated digital editing | Meta Platforms, Inc |
| AAPL | 2026-04-07 | 5mo ago | USD1121665S1 | Display screen or portion thereof with a group of graphical user interfaces | Apple Inc |
| AMZN | 2026-04-07 | 5mo ago | USD1121705S1 | Camera mount | Amazon Technologies, Inc |
| NVDA | 2026-04-07 | 5mo ago | US12596148B1 | Jitter injection generator for measuring phase noise and jitter transfer functions | NVIDIA Corporation |
Forward look
Stock Prediction for Tomorrow
Summary
Risk-on inside the cohort but a stiffer discount rate outside it: breadth holds at 5/7 above EMA20 with RSI banded 43.1–60.9, while VIX jumped to 16.34, the 10Y sits at 4.79% and WTI is +23.5% over 21 sessions. Leadership has rotated to NVDA (+3.4% vs EMA20, 1.24x RVOL) and META (+2.8%), with AAPL/MSFT cooling and GOOGL/AMZN still under their means. No Mag7 earnings for ~54 days, so the dominant catalyst is AI-infrastructure structure ($947.7B tracked CapEx, TSMC July +44.7% YoY) against regulatory noise.
Mag7 Calls
- AAPL · Flat · medium — +3.0% vs EMA20 and 83rd 52w percentile, but RVOL 0.83x, 24h -0.05% and IV-RV +6.2 pts say the post-CEO-transition impulse is spent; Senate-disclosed buying is a floor, not a catalyst.
- MSFT · Down · low — trend cooled to +2.0%, RVOL 0.61x, put/call volume 1.60, and Nadella sold ~86.5k shares on 9/1 into the Azure-disclosure reporting overhaul.
- GOOGL · Up · low — RSI 43.1 and -2.0% vs EMA20 is washed-out, and it printed +0.63% vs SPY +0.18% while funding the largest tracked book ($185B, +0.6% day); mean-reversion bounce, not a trend reclaim.
- AMZN · Flat · medium — below EMA20 (-1.9%), RSI 46.4, RVOL 0.70x, 0% desk conviction, comps in-line with WMT/COST; call/put P/C 0.72 shows no directional urgency.
- META · Up · medium — +2.8% trend at only the 27th 52w percentile, 1.08x RVOL, +2.47% on the AI-model launch, and SI -10.8% with DTC 1.94 leaves thin resistance.
- NVDA · Up · medium — cleanest tape: +3.4% vs EMA20, 1.24x RVOL, +6.7pp over AMD/AVGO, IV below RV (-3.9 pts), backed by TSMC +44.7% YoY; insider supply caps size, not direction.
- TSLA · Up · low — +2.3% vs EMA20, +2.6pp over GM/F, gap +1.21%, Cybercab event on deck and China streak intact; 42% RV and 0% conviction argue small.
Catalysts to Watch
- TSLA Cybercab event and September product re-launches — the robotaxi narrative is the only single-name catalyst live in the next session.
- MSFT's Azure-revenue disclosure overhaul: re-rating fuel into 10/27 (EPS est 4.82), but near-term it invites estimate churn.
- Global financial-watchdog AI warning (HIGH urgency) — a regulatory headline hits GOOGL/MSFT/META/NVDA simultaneously.
Risks
- Macro compression: 10Y 4.79% and WTI $92.90 with VIX rising can override intra-cohort rotation and flatten all five long-side calls at once.
- NVDA insider supply (~1.85M shares 8/31–9/2) plus WFE bleed (AMAT -15.3%, KLAC -11.8% 21d) could turn the leadership trade into a positioning unwind.
Hypothetical next-session read from tape + desk synthesis. Not investment advice.