Today: 29 March 2026
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Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Communication services stocks lag Friday’s Wall Street bounce as AI spending jitters bite — here’s what matters next

Communication services stocks lag Friday’s Wall Street bounce as AI spending jitters bite — here’s what matters next

The Communication Services Select Sector SPDR ETF (XLC) fell 0.39% to $115.76 on Friday, underperforming the S&P 500’s 2.0% gain. Alphabet dropped 2.5% and Meta lost 1.3%, while Disney rose 3.5% and T-Mobile slid 2.2%. Investors weighed new Big Tech capital spending plans tied to artificial intelligence, with Amazon’s $200 billion 2026 outlay drawing scrutiny.
8 February 2026
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Quantum computing stocks rally: IonQ, Rigetti, D-Wave, QUBT prices jump as traders look to the week ahead

Quantum computing stocks rally: IonQ, Rigetti, D-Wave, QUBT prices jump as traders look to the week ahead

Shares of U.S.-listed quantum computing firms surged Friday, with IonQ up 15% and Rigetti, D-Wave, and Quantum Computing Inc gaining 18–21% as tech stocks rallied. IonQ rebounded after a short-seller report and ahead of its Feb. 25 results. Quantum Computing Inc jumped after announcing a $110 million acquisition. Trading volume was heavy across the sector.
8 February 2026
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Big Tech stocks brace for AI spending scrutiny after Nvidia’s jump and Amazon’s drop

Big Tech stocks brace for AI spending scrutiny after Nvidia’s jump and Amazon’s drop

The Dow closed above 50,000 for the first time Friday as Nvidia surged 7.9% and Amazon dropped 5.6% on news of a $200 billion capex plan for 2026. Tech stocks remain volatile, with chipmakers rallying and software names under pressure as investors react to soaring AI infrastructure costs. The S&P 500 rose 2%, while the Russell 2000 jumped 3.5%. Alphabet, Meta, and Microsoft are also expected to boost spending sharply this year.
8 February 2026
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EV stocks brace for Monday after Lucid jumps on UBS stake; Tesla, Rivian rebound

EV stocks brace for Monday after Lucid jumps on UBS stake; Tesla, Rivian rebound

Lucid shares jumped 13.9% Friday after UBS disclosed a major stake, closing at $10.86. Rivian gained 7.8% and Tesla rose 3.5% as tech stocks rebounded. In Europe, Stellantis shares plunged up to 30% after booking $26.5 billion in EV-related charges. Automotive Cells Company scrapped battery gigafactory plans in Italy and Germany.
8 February 2026
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Merck stock is inches from a 52-week high — and an insider just sold shares

Merck stock is inches from a 52-week high — and an insider just sold shares

Merck shares closed up 1.8% at $121.93 on Friday, marking a seventh straight gain and finishing just below a 52-week high. A regulatory filing showed Animal Health chief Richard R. DeLuca sold 37,685 shares on Feb. 6 at an average of $120.92. Trading volume was about 13 million shares, below the 50-day average. Investors await Monday trading after Merck’s 2026 outlook and pipeline updates.
8 February 2026
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AstraZeneca stock price steadies ahead of earnings week as TrumpRx adds drug-pricing noise

AstraZeneca stock price steadies ahead of earnings week as TrumpRx adds drug-pricing noise

AstraZeneca shares closed up 0.9% in London at £141.04 and rose 3.2% in New York to $193.23 on Friday. The company will report full-year and Q4 results Tuesday, with investors focused on 2026 guidance. U.S. drug pricing pressure intensified after the TrumpRx rollout. AstraZeneca recently began trading ordinary shares on the NYSE, expanding its market presence.
8 February 2026
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Agricultural Bank of China A-shares dip — 601288 in focus as CPI and holiday break near

Agricultural Bank of China A-shares dip — 601288 in focus as CPI and holiday break near

Agricultural Bank of China Class A shares closed down 0.45% at 6.67 yuan in Shanghai on Friday, with the market shut Monday ahead of the Spring Festival break. The Shanghai Composite fell 0.25% and the CSI300 dropped 0.57%, pressured by losses in tech stocks and silver futures. Investors await China’s January CPI data due Feb. 11 and monitor liquidity ahead of the Feb. 15–23 exchange closure.
8 February 2026
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Nvidia, AMD spark chip-stock rebound on AI spending plans — what to watch this week

Nvidia, AMD spark chip-stock rebound on AI spending plans — what to watch this week

The Philadelphia chip index jumped 5.7% Friday, led by Nvidia’s 7.9% surge, as investors bet on continued AI data-center spending. Amazon projected $200 billion in capex for 2026, boosting supplier sentiment. The Semiconductor Industry Association forecast global chip sales hitting $1 trillion in 2026. Apple warned of sharply rising memory chip prices amid a supply squeeze.
8 February 2026
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Natural gas prices head into a new week under pressure as drilling rises and forecasts turn milder

Natural gas prices head into a new week under pressure as drilling rises and forecasts turn milder

U.S. Henry Hub natural gas futures fell 2.5% to $3.422 per mmBtu Friday, pressured by increased drilling and warmer forecasts. The U.S. gas-directed rig count rose by five to 130, while Lower 48 output averaged 106.9 bcfd so far in February. Demand, including exports, is projected to drop sharply over the next two weeks. The United States Natural Gas Fund slipped 2% at the close.
8 February 2026
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Nvidia, AMD jump on Big Tech AI spending plans; CPI and Nvidia earnings are the next test for AI stocks

Nvidia, AMD jump on Big Tech AI spending plans; CPI and Nvidia earnings are the next test for AI stocks

Nvidia jumped 7.9% to $185.41 Friday as the Dow closed above 50,000 for the first time and chip stocks rallied on AI spending plans. Amazon fell 5.6% despite projecting 50% higher capex this year, while the Nasdaq slipped 1.9% for the week. Investors are watching for signs Monday if the AI rebound holds. January U.S. CPI data is due Feb. 13.
8 February 2026
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Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin rose 2.2% to $70,523 on Sunday, after swinging between $68,649 and $71,450. Coinbase shares surged 13% and Strategy jumped 26% on Friday, while miners Marathon Digital and Riot Platforms gained over 20%. Traders await U.S. retail sales, jobs, and CPI data this week, plus earnings from Robinhood and Coinbase. Liquidity in bitcoin markets has thinned, increasing volatility.
8 February 2026
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Amazon stock slides on $200 billion AI spending plan as Wall Street braces for jobs, CPI

Amazon stock slides on $200 billion AI spending plan as Wall Street braces for jobs, CPI

Amazon shares fell 5.6% to $210.32 Friday after the company projected over 50% higher capital spending this year, unsettling investors. The company reported Q4 net sales up 14% to $213.4 billion and AWS revenue up 24%. Analysts flagged concerns over the scale of Amazon’s AI infrastructure investment. U.S. retail sales, jobs, and inflation data are due next week.
8 February 2026
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Stock Market Today

  • Compass Shares Drop 33% YTD Amid Valuation Debate, Fair Value at $13.90
    March 29, 2026, 12:33 AM EDT. Compass (COMP) shares tumbled 33% year-to-date, including a sharp 7.09% drop in one day, closing at $7.08. Despite recent weakness, the stock's three-year total shareholder return remains a robust 119.20%. Analysts increased Compass's fair value estimate from $10.67 to $13.90, citing expected revenue growth, improved profit margins, and positive deal impacts. The stock currently trades at about a 73% discount to intrinsic value, suggesting potential undervaluation. However, risks persist, including heavy reliance on transaction-based commissions and regulatory scrutiny on brokerage models. Investors urged to balance downside risks against possible upside, while considering broader market opportunities beyond Compass.
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