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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.
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.
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.
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.
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.
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.
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.
Nvidia's $90B Market Cap Slide Puts AI Spending in Focus Ahead of Earnings
Nvidia shares declined 2.2% to $182.81 on Friday, extending a $89.7 billion market value drop since January. Investors await the company's February 25 earnings for clarity on AI demand sustainability.
Tesla Stock Holds Near $417 Amid Holiday Pause; Software Shift in Focus
Tesla stock edged up slightly to $417.44 on Friday before U.S. markets closed for Presidents Day. The company is shifting its Full Self-Driving sales to a subscription model and recently reported its first annual revenue decline.
Apple Shares Slide Amid Investor Skepticism Over AI Investment Returns
Apple shares declined 2.3% to $255.78 on Friday as investors grow wary of massive AI investments. Attention turns to Federal Reserve minutes and Apple's upcoming shareholder meeting.
TSX Closed for Holiday, Investors Eye Oil, Gold, and Key CPI Data Ahead of Reopening
The Toronto Stock Exchange is closed Monday for Family Day, with trading set to resume Tuesday. Investors are monitoring commodity price shifts and awaiting key Canadian inflation data.