Dow Jones drops nearly 300 points as Alphabet AI spending plan rekindles tech jitters

Dow Jones drops nearly 300 points as Alphabet AI spending plan rekindles tech jitters

The Dow fell 298 points to 49,203 Thursday morning, pulled down by Amazon and Microsoft as tech stocks slumped. Alphabet projected 2026 capital spending could double to as much as $185 billion, raising investor concerns. Qualcomm warned of missing earnings forecasts, sending shares lower. January layoffs hit 108,435, the highest for the month since 2009, with UPS and Amazon leading cuts.
Silver price plunges today as dollar firms and China selling hits metals — what traders watch next

Silver price plunges today as dollar firms and China selling hits metals — what traders watch next

Spot silver plunged 12.8% to $76.94 an ounce by 9:47 a.m. ET Thursday, erasing a brief rally after heavy futures selling and thin liquidity. The iShares Silver Trust ETF fell to $67.39, down from $79.18. Analysts cited profit-taking, a stronger dollar, and easing geopolitical tensions. Attention shifts to upcoming U.S. labor and inflation data after a brief government shutdown.
Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health shares jumped 9% to $226.05 Thursday after the company raised its fiscal 2026 adjusted earnings forecast to $10.15-$10.35 per share. Quarterly revenue rose 19% and adjusted profit beat estimates, driven by strong specialty drug demand. CEO Jason Hollar cited double-digit profit growth across all segments. Specialty medicines, including GLP-1 drugs, contributed significantly to revenue gains.
Apple stock price hovers near $276 as AI spending jitters hit tech; key dates ahead for AAPL

Apple stock price hovers near $276 as AI spending jitters hit tech; key dates ahead for AAPL

Apple shares slipped 0.02% to $276.45 in early Thursday trading after a 2.6% gain the previous day. The stock moved between $275.89 and $279.40 amid broader tech caution following chip and AI spending concerns. Apple’s dividend record date is Feb. 9, with its annual meeting set for Feb. 24. The company’s market value stands near $3.9 trillion.
Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk shares fell 1.4% to $576.17 Thursday after plunging nearly 16% the previous day, with 29 million shares traded. The drop followed a broader tech and chip sell-off, as the iShares Semiconductor ETF slid 4.3%. Insider sale filings and volatile price targets drew scrutiny. Sandisk’s stock, up from $45 to $665 in six months, now faces pressure from shifting sentiment and data-center demand risks.
AMD stock price steadies after 17% wipeout as China AI-chip boost gets rechecked

AMD stock price steadies after 17% wipeout as China AI-chip boost gets rechecked

AMD shares rose 1.3% to $202.82 in early Thursday trading, rebounding after a 17.3% plunge the previous day. The company’s Q1 revenue forecast, factoring in lower MI308 shipments to China, signals a slight sequential decline. AMD reported $10.3 billion in Q4 revenue, boosted by $390 million in China AI-chip sales. The company also filed an amended annual report after finding a disclosure error.
Tesla stock drops nearly 4% as Volkswagen takes Europe EV crown and tech selloff bites

Tesla stock drops nearly 4% as Volkswagen takes Europe EV crown and tech selloff bites

Tesla shares fell 3.8% to $406.01 in early New York trading Thursday after Volkswagen overtook Tesla in Europe’s battery-electric vehicle sales for 2025, according to JATO Dynamics. Tesla’s European registrations dropped 27% year-on-year, while UK January sales plunged 57%. Investors also weighed mixed signals from China and renewed U.S. regulatory scrutiny of self-driving technology.
Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron Technology shares fell 9.5% to $379.40 Thursday amid a broad tech selloff and investor retreat from AI-linked stocks. Goldman Sachs said hedge funds faced their toughest day in nearly a year as crowded tech bets unwound. Qualcomm warned of missed results due to a global memory shortage, while Alphabet projected 2026 capital spending could reach $185 billion to address compute bottlenecks.
Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia shares fell 3.3% to $174.19 early Thursday, extending losses across AI-related chip stocks as investors questioned when heavy spending will yield profits. AMD plunged 17% after a weak revenue forecast, while the Nasdaq-tracking QQQ dropped 1.8%. Alphabet said it will double capital expenditures this year, and Amazon’s earnings are due after the close.
Microsoft stock flips higher after Stifel downgrade puts Azure, AI spend back in focus

Microsoft stock flips higher after Stifel downgrade puts Azure, AI spend back in focus

Microsoft shares rose 0.7% to $414.19 in early Thursday trading after Stifel downgraded the stock to “hold,” citing concerns over Azure growth and heavy AI investment. The move followed a premarket dip and a broader tech selloff after Alphabet signaled sharply higher 2026 capital spending. Investors are scrutinizing AI expenses and their impact on margins and cash flow.
1 51 52 53 54 55 2,709

Stock Market Today

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
Keppel stock holds near 12-year high after profit jump, special dividend; buyback adds support

Keppel stock holds near 12-year high after profit jump, special dividend; buyback adds support

7 February 2026
Keppel shares closed at S$11.64 on Friday, up 0.17%, after surging 6.1% the previous day on stronger FY2025 profit and a larger dividend plan. The company bought back 151,400 shares for about S$1.74 million. Keppel reported a 29% rise in full-year profit to S$1.02 billion and proposed a total distribution of 47 cents per share, including a special dividend partly paid in Keppel REIT units.
Go toTop