Today: 15 May 2026
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Artificial Intelligence 4 February 2026 - 5 February 2026

Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin fell as much as 7.5% in 24 hours, dropping below $71,000 in Asian trading Thursday. The broader crypto market lost $467.6 billion in value since Jan. 29, CoinGecko said. Over $700 million in leveraged crypto bets were liquidated in the past day, according to CoinGlass. The declines followed a sharp selloff in global tech stocks.
CrowdStrike stock slides again: AI jitters, insider filings and March earnings loom

CrowdStrike stock slides again: AI jitters, insider filings and March earnings loom

CrowdStrike shares fell 1.5% to $415.36 Wednesday, extending a six-day losing streak and leaving the stock 27% below its November peak. Trading volume hit 4.7 million shares. The drop followed insider sale disclosures and a broader $830 billion selloff in software stocks amid AI disruption fears. Investors now await CrowdStrike’s March 3 earnings report.
IBM stock slides again as AI disruption fears grip software; Confluent vote nears

IBM stock slides again as AI disruption fears grip software; Confluent vote nears

IBM shares fell 1.8% to $289.05 Wednesday, extending an 8% slide since Monday amid a global software selloff tied to AI disruption fears. Confluent, which IBM plans to acquire, disclosed lawsuits and shareholder demands over its merger proxy, but said it will issue supplemental disclosures. IBM declared a $1.68 per share dividend, payable March 10. Confluent shareholders will vote on the deal February 12.
Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake shares fell 4.6% to $165.29 Wednesday, extending a 13% slide since Monday. Product EVP Christian Kleinerman sold 10,000 shares at $197.09 each, a filing showed. The company closed its acquisition of Observe and announced new AI tools at its Build London event. Investors await Feb. 25 earnings for signs of demand and AI adoption.
S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global shares fell 0.6% to $465.51 Wednesday, extending a two-day drop to nearly 12% amid concerns over AI’s impact on data firms. Trading volume was four times the 20-day average. The company’s Mobility division will rebrand as Mobility Global ahead of a planned spin-off, pending board approval. S&P Global reports earnings Feb. 10.
Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit shares rose 2.7% to $445.64 Wednesday, recovering some losses after an 11% drop Tuesday amid AI-driven fears that hit software stocks. Volume nearly tripled to 7 million shares. The S&P 500 software and services index continued to fall, with the sector losing about $830 billion in value since Jan. 28. Investors await Intuit’s Q2 results on Feb. 26.
Western Digital stock sinks after buyback bump as traders reassess WDC’s AI storage run

Western Digital stock sinks after buyback bump as traders reassess WDC’s AI storage run

Western Digital shares fell 7.2% to $269.41 in after-hours trading Wednesday, erasing gains from a buyback-fueled rally. The drop followed the company’s announcement of a $4 billion share repurchase and a new hard-drive roadmap aimed at hyperscale AI data centers. Seagate also declined, while NetApp rose. Investors remain focused on buyback execution and competition in storage hardware.
Salesforce (CRM) stock rises after hours as Feb. 25 earnings date set amid AI-driven software jitters

Salesforce (CRM) stock rises after hours as Feb. 25 earnings date set amid AI-driven software jitters

Salesforce shares rose 1.5% to $199.44 in after-hours trading Wednesday, rebounding from a session low of $187.29. The company will report fourth-quarter and full-year results on Feb. 25 after markets close. Investors remain cautious on software stocks, with options activity showing defensive positioning. A director received 1,766 restricted stock units set to vest through 2026.
ServiceNow stock rebounds after AI panic — what traders watch next for NOW shares

ServiceNow stock rebounds after AI panic — what traders watch next for NOW shares

ServiceNow shares closed up 1.18% at $111.07 Wednesday after swinging between $105.25 and $111.15. The move followed a sharp sector selloff tied to fears that new AI tools could disrupt subscription software models. Trading volume reached about 36.5 million shares. Investors are watching Amazon’s earnings Thursday for signals on tech sector sentiment.
Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

The Dow rose 260 points to 49,501.30, while the S&P 500 and Nasdaq fell as AI-linked tech stocks sold off and Advanced Micro Devices plunged 17% on a weak forecast. Oil jumped 3% after U.S.-Iran talks faltered, lifting energy shares. January’s private payrolls rose by just 22,000. The Labor Department postponed the monthly jobs report to next Wednesday.
Meta stock slides after hours as AI jitters hit tech and senators target scam ads

Meta stock slides after hours as AI jitters hit tech and senators target scam ads

Meta Platforms shares fell 3.3% to $669 in after-hours trading Wednesday, extending losses during a turbulent week for tech stocks. The drop followed a broader Nasdaq decline of 1.51% as investors weighed AI spending and regulatory risks. U.S. lawmakers introduced a bill targeting scam ads on social media, drawing a response from Meta. Traders are watching Alphabet’s earnings and regulatory developments for further market direction.
Amazon stock slips ahead of earnings as AI spending jitters hit big tech

Amazon stock slips ahead of earnings as AI spending jitters hit big tech

Amazon shares closed down 2.4% at $232.99 Wednesday ahead of its quarterly report, as tech stocks broadly retreated. Investors are focused on Amazon’s capital spending and AWS growth, with concerns mounting over rising AI-related costs. The Nasdaq fell 1.51%. Amazon will discuss its results and outlook in a conference call Thursday after the bell.
Sandisk stock sinks about 16% as AI-linked tech selloff bites; SNDK in focus

Sandisk stock sinks about 16% as AI-linked tech selloff bites; SNDK in focus

Sandisk Corp shares fell 16% to $584.85 in after-hours trading Wednesday, dropping $110.66 on heavy volume as traders retreated from AI-linked tech stocks. The decline followed a recent surge and came despite strong fundamentals and upbeat forecasts. U.S. markets closed lower, with tech stocks weighing on the Nasdaq. Alphabet shares also dipped ahead of earnings.
Micron stock sinks nearly 10% as AI-chip jitters flare — what to watch next

Micron stock sinks nearly 10% as AI-chip jitters flare — what to watch next

Micron shares fell nearly 10% in late trading Wednesday, closing at $378.50 after a volatile session. The drop followed a regulatory filing showing officer Sumit Sadana plans to sell 25,000 shares. Other chip stocks, including Nvidia and AMD, also declined as investors questioned the staying power of the AI rally. The PHLX semiconductor index finished sharply lower.
Microsoft stock ends higher as software selloff deepens; traders weigh Azure outages and AI spend

Microsoft stock ends higher as software selloff deepens; traders weigh Azure outages and AI spend

Microsoft shares closed up 0.6% at $413.56 Wednesday, outperforming a sharp sell-off in software stocks. Short interest in Microsoft rose about 20% over the past week, and options activity stayed defensive. Traders watched for fallout from a multi-region Azure outage linked to a storage policy change. Key U.S. economic data releases were delayed after a brief government shutdown.
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Stock Market Today

  • Gold Royalty Corp (GROY) Price Target Raised After Strong Q1 2026 Results
    May 15, 2026, 12:24 PM EDT. Gold Royalty Corp (NYSEAMERICAN:GROY) saw its price target raised to $7.75 from $6.75 by H.C. Wainwright following record Q1 2026 revenue of $7.2 million, up from $3.1 million a year earlier. The company reported a net income of $1.8 million, reversing a previous net loss, and produced 1,920 gold equivalent ounces (GEOs), up from 1,249 GEOs. Gold Royalty holds over $13.6 million in cash with no debt and $150 million available through credit. The firm provides financing for mining projects in exchange for royalties, allowing investors indirect exposure to the sector. Analysts project potential for a further 60% rise in GROY stock over the next year amid favorable commodity prices.

Latest articles

Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

15 May 2026
OpenAI is considering legal action against Apple after their ChatGPT-iPhone partnership failed to deliver deeper integration and subscription growth, sources told Reuters and the Financial Times. OpenAI’s lawyers are working with an outside firm on possible breach-of-contract steps. Apple is expected to detail more AI plans at WWDC, set for June 8-12. Apple shares rose about 1% Friday.
IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

15 May 2026
IREN closed a $3.0 billion convertible senior notes sale to fund its shift from bitcoin mining to AI data centers. Shares fell $3.94 to $54.46 late Friday morning after the announcement. The offering follows a $3.4 billion AI cloud contract and a 5GW infrastructure partnership with Nvidia. IREN reported a wider net loss of $247.8 million for the March quarter as it decommissioned mining hardware.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

15 May 2026
SoFi Technologies shares fell 2.6% Friday morning after acquiring PrimaryBid technology assets to expand IPO access, with the deal completed May 8 for an undisclosed price. The stock traded at $15.61, valuing the company at $21.5 billion. First-quarter adjusted net revenue rose 41% to $1.1 billion, while net charge-offs increased to $201.6 million. SoFi kept its 2026 revenue outlook unchanged.
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