Today: 29 June 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

The Dow jumped 687 points, or 1.41%, to 49,596 in early Friday trading, recovering from a tech-led selloff. Amazon fell nearly 9% after flagging higher AI spending, while Nvidia gained over 5%. Chipmakers and banks led the rebound, but tech stocks continued to weigh on indexes. Investors await next week’s U.S. jobs and inflation reports for signals on rate cuts.
6 February 2026
···········
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
··
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
··
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
···
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
··
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
····
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
··
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
··
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
·······
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
··
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
···
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
···
1 … 278 279 280 281 282 … 875

Stock Market Today

  • Chipmaker Shares Soar Amid AI Boom in H1 2026
    June 28, 2026, 11:16 PM EDT. Semiconductor and memory chip stocks surged sharply in the first half of 2026, driven by strong AI demand. South Korea's Kospi index rose 125%, led by Samsung's 183% and SK Hynix's 310% gains. U.S. chipmakers like Sandisk soared 780% this year, with some stocks climbing thousands of percent over 12 months. Rising chip prices boosted profits amid constrained supply, fueling the rally. Conversely, major software companies including Microsoft declined as investors favored hardware over software. Apple cited higher memory chip costs for price hikes on devices. Recent profit-taking suggests some cooling in the chip rally. Overall, strong gains persisted in Asia-Pacific markets and reflected broader investor appetite for AI-driven tech hardware.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
Go toTop