MicroStrategy Unveils $6B Debt Conversion Plan, Assures Bitcoin Downturn Resilience
Crypto Sarah Chen

MicroStrategy Unveils $6B Debt Conversion Plan, Assures Bitcoin Downturn Resilience

MicroStrategy announced a multi-year plan to convert approximately $6 billion in convertible debt into equity, while assuring investors it can cover obligations even if Bitcoin drops to $8,000. The stock closed Friday up 8.9% at $133.88.

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Visa Shares Face Post-Holiday Test Following Class B Share Exchange Proposal
Markets Daniel Marsh

Visa Shares Face Post-Holiday Test Following Class B Share Exchange Proposal

Visa shares declined 3.1% to $314.08 Friday as the market digested a conditional share-swap proposal linked to ongoing legal proceedings. Attention shifts to Tuesday's market reopen and upcoming economic indicators.

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AppLovin Shares Rally Ahead of Market Reopening
Technology Sarah Chen

AppLovin Shares Rally Ahead of Market Reopening

AppLovin shares closed up 6.4% at $390.55 ahead of the Presidents Day market closure, buoyed by upbeat quarterly results and shifting analyst sentiment.

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AMD Expands AI Infrastructure in India via TCS Partnership
Technology Sarah Chen

AMD Expands AI Infrastructure in India via TCS Partnership

AMD deepens its collaboration with Tata Consultancy Services to launch its Helios rack-scale AI infrastructure in India, aiming for significant data-center expansion. The announcement comes as U.S. markets reopen after a holiday closure.

AMD
Broadcom's AI Margin Pressure in Focus Ahead of Q1 Report
Earnings James Calloway

Broadcom's AI Margin Pressure in Focus Ahead of Q1 Report

Broadcom shares fell 1.81% to $325.17 Friday, underperforming the semiconductor sector. The company reports fiscal first-quarter results March 4, with AI-related margin pressure a key concern.

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Alphabet's AI Spending and Regulatory Scrutiny Weigh on Shares
Technology Sarah Chen

Alphabet's AI Spending and Regulatory Scrutiny Weigh on Shares

Alphabet's stock fell for a fourth consecutive session, shedding nearly $88 billion in market value since January, amid investor concerns over aggressive AI spending and EU antitrust investigations.

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Palantir Gains After Rare Double Upgrade, Markets Eye Post-Holiday Momentum
Technology Sarah Chen

Palantir Gains After Rare Double Upgrade, Markets Eye Post-Holiday Momentum

Palantir shares advanced Friday following a rare two-level upgrade from Freedom Capital Markets, which maintained a $170 price target. U.S. markets are closed Monday for the Presidents Day holiday.

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Applied Materials Stock in Focus After Strong Earnings, Holiday Pause
Earnings James Calloway

Applied Materials Stock in Focus After Strong Earnings, Holiday Pause

Applied Materials stock will be closely watched when U.S. markets reopen Tuesday following a strong post-earnings rally and the Presidents Day holiday closure. The chip equipment maker's upbeat forecast, driven by AI and memory demand, has lifted sector sentiment.

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Amazon's $200B AI Spending Plan Weighs on Shares as Investors Await Returns
Technology Sarah Chen

Amazon's $200B AI Spending Plan Weighs on Shares as Investors Await Returns

Amazon shares have declined nearly 14% in 2026 following its $200 billion artificial intelligence capital expenditure announcement, with investors concerned about the timeline for returns. The stock closed at $198.79 ahead of the Presidents Day market holiday.

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Microsoft's AI Investment Concerns Weigh on Stock Ahead of Trading Resumption
Technology Sarah Chen

Microsoft's AI Investment Concerns Weigh on Stock Ahead of Trading Resumption

Microsoft stock closed at $401.32, down 17% year-to-date, erasing $613 billion in market value. Investors are focused on AI spending efficiency and competitive threats ahead of Tuesday's market restart.

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Micron's India Chip Plant Launch Imminent Amid Market Holiday
Technology Sarah Chen

Micron's India Chip Plant Launch Imminent Amid Market Holiday

Micron Technology is set to commence operations at its new semiconductor assembly and testing facility in Gujarat, India, before month-end. The $2.75 billion project comes online as U.S. markets observe a holiday.

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SanDisk Holds Near $627 Amid Market Holiday, Focus Shifts to Nvidia Earnings
Markets Daniel Marsh

SanDisk Holds Near $627 Amid Market Holiday, Focus Shifts to Nvidia Earnings

SanDisk shares ended Friday at $626.56, down 0.6%, before gaining 0.6% in after-hours trading. With U.S. markets closed Monday, attention turns to upcoming economic data and Nvidia's quarterly report.

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