OpenAI's new round of funding causes Mag 7 tech stocks to fall across the board

2026-02-27 16:32:14

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Investing.com – After Amazon announced plans to invest $50 billion in OpenAI, Mag 7 tech stocks came under pressure and declined. This investment represents one of the largest corporate investments in artificial intelligence infrastructure to date.

Mag 7 tech stocks all declined:

Amazon down 1%

Apple down 40 basis points

Microsoft down 2.3%

Alphabet down 80 basis points

Nvidia down 1.6%

Meta Platforms down 1.45%

Tesla down 1.3%

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