Today: 28 April 2026

Khadija Saeed

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

Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon shares fell 8.8% to $203.15 in early trading Friday after the company announced a $200 billion capital expenditure plan for 2026. Investors reacted to concerns over rising AI and cloud infrastructure costs outpacing cash flow. CEO Andy Jassy cited strong AWS growth, but analysts noted spending was higher than expected. The broader market opened higher, but Amazon’s drop weighed on tech sentiment.
6 February 2026
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Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Alphabet Class C shares fell 0.5% to $331.33 in early Friday trading after the company set 2026 capital spending at up to $185 billion, far above Wall Street estimates. Cloud revenue jumped 48% to $17.7 billion in the December quarter. The board approved a $0.21 per share dividend, payable March 16. Investors remain cautious as Big Tech ramps up AI-related expenses.
6 February 2026
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Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia shares fell 1.2% to $171.88 early Friday, trailing a mixed chip sector as tech stocks slid on concerns over soaring AI development costs. Amazon’s 2026 capex could reach $200 billion, far above expectations, fueling debate over whether heavy data-center spending will drive near-term profits. AMD dropped 3.9%, while Broadcom and Taiwan Semiconductor rose. Some Nvidia clients are developing their own chips, raising competitive risks.
6 February 2026
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Sandisk stock rises in early trade as rally cools from record high

Sandisk stock rises in early trade as rally cools from record high

Sandisk shares rose 4.4% to $601.55 in early New York trading Friday, rebounding after a sharp drop earlier in the week. The stock swung between $568.30 and $623.28 as traders cited AI-driven storage demand and tight supply. Sandisk has fallen over 20% since touching $725 on Feb. 3. Investors are watching for analyst updates and memory pricing signals ahead of earnings on May 6.
6 February 2026
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Tesla stock price slides early as China AI training report and Europe sales warnings hit TSLA

Tesla stock price slides early as China AI training report and Europe sales warnings hit TSLA

Tesla shares fell 2.2% to $397.21 in early New York trading Friday after reports the company set up an AI training center in China. European data showed Volkswagen overtook Tesla as the top battery-electric vehicle seller in 2025, with Tesla registrations down 27%. U.S. lawmakers face renewed pressure to advance self-driving car legislation.
6 February 2026
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Microsoft stock price edges up after Thursday rout, but AI capex worries hang over MSFT

Microsoft stock price edges up after Thursday rout, but AI capex worries hang over MSFT

Microsoft shares rose 0.9% to $397.21 early Friday after a 5% drop the previous day, rebounding amid heavy selling in software stocks. Stifel downgraded Microsoft to “Hold,” slashing its price target to $392 and warning of margin pressures from soaring AI and cloud spending. Investors remain wary as tech giants project over $600 billion in AI projects this year. Microsoft’s recent record AI expenses and slowing cloud growth have fueled volatility.
6 February 2026
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KKR stock slides after earnings charge and $1.4 billion Arctos deal — what matters before Friday’s open

KKR stock slides after earnings charge and $1.4 billion Arctos deal — what matters before Friday’s open

KKR & Co shares fell 5.4% to $99.17 after reporting a one-time charge tied to an Asia fund and a 33% stock drop over the past year. Quarterly results showed management fees rising to $1.12 billion, while investing earnings fell to $84.8 million. KKR agreed to buy Arctos Partners for up to $1.95 billion. Broader U.S. markets slid on renewed concerns over AI investment returns.
6 February 2026
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Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Nasdaq closed at its lowest since November as tech and software stocks tumbled, with the S&P 500 software index losing 4.6%. Alphabet shares fell after announcing capital spending could reach $185 billion by 2026. Bitcoin plunged 14% to below $63,000, and silver also dropped sharply. Amazon sank 4.4% during the session and another 10% after hours.
6 February 2026
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Blackstone (BX) stock price dives nearly 6% as AI fears rattle markets — what investors watch next

Blackstone (BX) stock price dives nearly 6% as AI fears rattle markets — what investors watch next

Blackstone shares fell 5.7% to $126.83 Thursday, with trading volume tripling the 50-day average. The drop followed a tech-led selloff and renewed AI volatility, leaving the stock a third below its 52-week high. The Reserve Bank of India cleared Blackstone’s plan to buy nearly 10% of Federal Bank. Key dates ahead include Blackstone’s Feb. 9 dividend record date and the delayed U.S. jobs report on Feb. 11.
6 February 2026
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AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders

AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders

AST SpaceMobile shares fell 9.9% to $93.27 Thursday after AT&T announced a new satellite broadband deal with Amazon, fueling investor concerns about competition. Trading volume reached 15.8 million shares. The drop followed a 10.6% decline Wednesday. AT&T said its Amazon partnership targets fixed business broadband, not mobile, and does not affect its plans with AST.
6 February 2026
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Rocket Lab stock slides again; RKLB ends down 9% as investors eye earnings and Washington risk

Rocket Lab stock slides again; RKLB ends down 9% as investors eye earnings and Washington risk

Rocket Lab shares fell 9.3% to $66.32 Thursday, then slid another 6% after hours, extending losses to 18% since Tuesday. The drop followed two sharp sell-offs after a brief rally tied to SpaceX-xAI news and was compounded by Congress rejecting NASA Mars mission funding. Investors now await Rocket Lab’s earnings report on Feb. 26.
6 February 2026
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Cummins stock price sinks after Accelera charge; traders eye 2026 outlook and data-center demand

Cummins stock price sinks after Accelera charge; traders eye 2026 outlook and data-center demand

Cummins shares dropped 10.7% to $540.38 after fourth-quarter results and $218 million in charges tied to its Accelera hydrogen unit. Revenue rose 1% to $8.5 billion, but investors focused on margin pressure from tariffs and a strategic review of Accelera. CEO Jennifer Rumsey said North American truck demand may improve late 2026, while data-center backup power orders remain strong.
6 February 2026
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Bank of America stock price dips as BAC investors brace for delayed U.S. data next week

Bank of America stock price dips as BAC investors brace for delayed U.S. data next week

Bank of America shares fell 0.8% to $54.94 Thursday as Wall Street declined, led by a tech selloff. After the close, the bank said it will redeem all outstanding Series DD preferred shares and related depositary shares on March 10 at $1,000 each. Weekly jobless claims rose to 231,000, while job openings fell to 6.54 million in December. The January jobs report is now set for Feb. 11, with CPI data due Feb. 13.
6 February 2026
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Stock Market Today

  • Gap Inc (GPS) Valuation Review Amid Recent Stock Pullback and Long-Term Recovery Potential
    April 27, 2026, 11:44 PM EDT. Gap Inc (GPS) shares are trading around $25.13, reflecting a 1-year total shareholder return of 20.42%, but showing a 6.23% decline over the past 90 days. Despite this short-term weakness, the stock remains undervalued with a value score of 6 and an intrinsic discount near 31%, while analyst price targets suggest roughly 22% upside to about $30.65. The bullish long-term recovery hinges on Gap's investments in digital tech, supply chain enhancements, and omni-channel retail strategies aimed at boosting efficiency and margins. Key risks include potential earnings pressure from Athleta's reset and trade tariff impacts. Investors should weigh these factors carefully before repositioning Gap in their portfolios.

Latest article

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

28 April 2026
The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
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