Alphabet's stock fell over 2% due to concerns about increased 2026 capital spending and uncertainties on AI investment returns, causing near-term investor caution despite stable core operations.
Amazon plunged amid concerns over huge AI capital spending expected to reach $200 billion by 2026, while Bitcoin surged 12% in a strong rebound following a recent selloff.
Amazon and Microsoft stocks plunged after announcing aggressive capital expenditure increases, mostly for AI development, causing investor jitters despite strong earnings results.
Tech stocks including Microsoft, Amazon, and Google declined sharply due to aggressive AI capital expenditures and investor skepticism about near-term returns from these heavy investments.
Political tensions and tariff concerns may pressure NVIDIA and tech stocks short term, but Wedbush views the pullback as a buying opportunity amid strong AI growth and upcoming earnings.
Big Tech stocks, including Apple, Microsoft, and Amazon, saw moderate volatility and small losses amid market jitters and high cost of crash insurance, despite expectations of Fed rate cuts and confi…
Intraday snapshot: Google up 0.33%, Amazon down 3.12%, Meta down 1.35% — Amazon leads the selloff while Google posts a minor gain amid sector weakness.