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CNBC: The AI trade is cracking, traders may find opportunities

cnbc.com reported Oct 13 that the AI trade is showing signs of cracks even as the Magnificent Seven hit record highs, and it said there may be opportunities for traders.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: CNBC: The AI trade is cracking, traders may find opportunities
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What happened

Cnbc.com reported Oct 13, 16:44 UTC with the headline 'The AI trade is cracking. Here's how to profit'. The report focused on the AI trade and on the group referred to in the piece as the Magnificent Seven.

cnbc.com said that, despite the Magnificent Seven making record highs, the AI trade is showing signs of cracks and that there may be an opportunity for traders.

Stocks market context

At Oct 13, 18:30 UTC the SPY ETF was $777.93 and was little changed from the prior close, the QQQ ETF was $743.01 and fell 0.41% from the prior close, NVIDIA was $227.59 and rose 0.56% from the prior close, Microsoft was $546.63 and rose 1.01% from the prior close, and Meta Platforms was $764.28 and rose 2.87% from the prior close, according to Finnhub.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $777.93 -0.02% vs prior close Oct 13, 18:30 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $743.01 -0.41% vs prior close Oct 13, 18:30 UTC Finnhub
NVIDIA $227.59 +0.56% vs prior close Oct 13, 18:30 UTC Finnhub
Apple $342.72 +0.51% vs prior close Oct 13, 18:30 UTC Finnhub
Microsoft $546.63 +1.01% vs prior close Oct 13, 18:30 UTC Finnhub
Amazon $259.00 -0.20% vs prior close Oct 13, 18:30 UTC Finnhub
Alphabet $353.65 +0.26% vs prior close Oct 13, 18:30 UTC Finnhub
Meta Platforms $764.28 +2.87% vs prior close Oct 13, 18:30 UTC Finnhub
Tesla $373.74 -1.13% vs prior close Oct 13, 18:30 UTC Finnhub
JPMorgan Chase $333.99 -0.09% vs prior close Oct 13, 18:30 UTC Finnhub

Yahoo published 'The AI gap: How human review is starting to fall behind', which examines understanding of AI and LLM capabilities. Yahoo also published 'Rogue agents and fired researchers: Are we losing control of AI?' and a report titled 'Character.ai declares bankruptcy, citing legal and business woes'.

What to watch

MS Q3 2026 earnings is scheduled Wed Oct 14 (before the open) and Finnhub lists an EPS estimate of 3.17; BLK Q3 2026 earnings is also scheduled Wed Oct 14 (before the open) with an EPS estimate of 14.40, according to Finnhub.

  • Wed Oct 14 (before the open) — BAC Q3 2026 earnings · EPS estimate 1.16
  • Wed Oct 14 (before the open) — MS Q3 2026 earnings · EPS estimate 3.17
  • Wed Oct 14 (before the open) — BLK Q3 2026 earnings · EPS estimate 14.40
  • Thu Oct 15 (before the open) — USB Q3 2026 earnings · EPS estimate 1.33
  • Thu Oct 15 (before the open) — SCHW Q3 2026 earnings · EPS estimate 1.70
  • Thu Oct 15 (before the open) — MRSH Q3 2026 earnings · EPS estimate 2.01

Sources and data

  • cnbc.com (secondary source) — The AI trade is cracking. Here's how to profit
  • Yahoo (secondary source) — The AI gap: How human review is starting to fall behind
  • Finnhub (market data) — market data

Market data as of Oct 13, 18:30 UTC; report generated Oct 13, 18:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. cnbc.com (secondary, retrieved Oct 13, 2026, 06:42 PM UTC)
  2. Yahoo (secondary, retrieved Oct 13, 2026, 06:42 PM UTC)
  3. Finnhub (market-data, retrieved Oct 13, 2026, 06:42 PM UTC)

Market data as of Oct 13, 2026, 06:30 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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CNBC publishes Late Morning Rundown on Oct 13, 2026

CNBC published its Late Morning Rundown on Oct 13; Finnhub market data show mixed breadth with 5 up, 4 down and 1 unchanged as of Oct 13, 20:00 UTC.

MarketAlleys Research Desk · · 3 min read