Today: 2 July 2026

AI stocks snap back: Nvidia surges, Dow clears 50,000 as Amazon’s AI spend spooks investors

AI stocks snap back: Nvidia surges, Dow clears 50,000 as Amazon’s AI spend spooks investors

New York, February 6, 2026, 17:05 EST — Trading after the bell. Nvidia and several other chipmakers connected to AI soared Friday, driving the Dow Jones Industrial Average past the 50,000 mark for the first time. Amazon slipped, though, fueling debate among investors about how much the AI ramp-up is costing. The S&P 500 and Nasdaq snapped their three-day losing streaks, both closing in the green.
Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

NEW YORK, Feb 6, 2026, 17:02 EST — Trading after the bell. The Dow Jones Industrial Average finally cracked 50,000 on Friday, closing at 50,115.67 for a 2.47% jump as chip stocks drove a rally. Nvidia surged 7.8%, fueling moves in both the S&P 500 and Nasdaq. Amazon dropped 5.6%. Molina Healthcare shares plunged 25.5% after the company issued a weaker outlook for 2026. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, investment strategy analyst at Baird.
Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

New York, Feb 6, 2026, 16:34 EST — After-hours Shares of Broadcom jumped roughly 7% to $332.92 in after-hours action on Friday, fueled by renewed optimism that heavy spending on artificial intelligence by major tech players is still picking up steam. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, an investment strategy analyst at Baird. https://www.reuters.com/business/futures-stabilize-after-tech-rout-amazon-slides-ai-capex-lift-2026-02-06/
Micron stock dips after report says Nvidia HBM4 orders may bypass it for SK Hynix, Samsung

Micron stock dips after report says Nvidia HBM4 orders may bypass it for SK Hynix, Samsung

Shares of Micron Technology fell 0.5% ahead of Friday’s open after Semianalysis downgraded its forecast, now expecting Micron to miss out entirely on supplying HBM4 memory for Nvidia’s next products. https://www.investing.com/news/stock-market-news/micron-stock-dips-as-analyst-slashes-nvidia-hbm4-supply-forecast-to-zero-4491031 This decision matters. High-bandwidth memory, or HBM, is the stacked DRAM sitting alongside AI chips, feeding them data at breakneck speed. Getting selected by Nvidia can secure a supplier years of robust orders and pricing leverage. Miss that cut, and suppliers are left hustling for the next opportunity.
Amazon stock slides after $200 billion AI spending plan puts returns in the spotlight

Amazon stock slides after $200 billion AI spending plan puts returns in the spotlight

New York, Feb 6, 2026, 16:02 EST — After-hours Amazon.com Inc shares were down about 6% on Friday, as investors weighed a step-up in capital expenditures — spending on items such as data centers, servers and equipment — aimed at expanding artificial-intelligence capacity. The stock was last off 6.2% at $208.93, after trading as low as $200.44.
Nvidia stock price jumps after Amazon flags bigger AI spend — what investors watch next

Nvidia stock price jumps after Amazon flags bigger AI spend — what investors watch next

New York, February 6, 2026, 16:10 — After-hours Nvidia bounced back in late U.S. trading, climbing $14.20, or roughly 8.3%, to $186.08. Earlier in the week, the stock had stumbled as investors worried about lofty AI-related valuations. Shares ranged wildly, dipping as low as $172.62 before touching $186.93. Chip stocks caught a lift after Amazon flagged plans for heftier data-center spending. “There’s real demand for AI products,” said Baird’s Ross Mayfield, investment strategy analyst.

Stock Market Today

  • Toyota Shares Still Pricey by DCF, Despite Five-Year Rally
    July 1, 2026, 10:25 PM EDT. Toyota Motor shares are up 61.2% in five years. But a DCF model puts the stock about 36.5% overvalued, with the company facing free cash flow pressure and lower global sales. Other valuation lines tell a different story, as Toyota trades at 8.4x P/E-below the auto sector average of 14.9x-suggesting it could be cheap. Investors are weighing upside from electric air taxis with Joby Aviation against trouble spots like EV recalls and project risks. The split in value signals leaves Toyota's price hanging without a clear read on whether it's cheap or rich right now.
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