Short Sellers Are Piling Into Magnificent 7 Stocks Like Amazon, Microsoft, and Meta Before This Week's Earnings

Short sellers are increasing their bets against “Magnificent 7” stocks ahead of earnings this week, targeting companies including Amazon, Microsoft and Meta. Meta Platforms and Microsoft report after the bell Wednesday, July 29, followed by Amazon on Thursday, July 30. The article links the bearish stance to concerns that hyperscalers may raise full-year AI capex again, pointing to how Alphabet’s shares fell after it lifted its 2026 capex guidance to $195 billion–$200 billion. Despite rising short positioning, options signals show calls still outnumber puts. Key swing factors are expected to be capex commentary and forward cloud growth.