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Artificial Intelligence 6 February 2026 - 7 February 2026

Palantir stock price rebounds to $135.90 on Cognizant AI deal — what to watch next week

Palantir stock price rebounds to $135.90 on Cognizant AI deal — what to watch next week

Palantir shares closed Friday at $135.90, up 4.5% after Cognizant’s TriZetto unit announced plans to deploy Palantir Foundry and AIP in healthcare and business-process operations. The Dow closed above 50,000 for the first time. U.S. jobs and inflation data due next week may shift rate expectations for high-growth software stocks.
Amazon stock slides on $200 billion AI spending plan — what to know before Monday’s open

Amazon stock slides on $200 billion AI spending plan — what to know before Monday’s open

Amazon shares fell 5.55% to $210.32 Friday after the company outlined a $200 billion 2026 capex plan and forecast lower-than-expected operating income. D.A. Davidson downgraded the stock, citing tougher cloud competition. Analysts trimmed price targets following the results. Amazon reported Q4 net sales of $213.4 billion and AWS revenue of $35.6 billion.
Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon shares fell 9% Friday after the company announced plans for $200 billion in 2026 capital spending, mainly for AWS and AI, and issued a first-quarter profit outlook below estimates. The stock drop could erase $200 billion in market value. Fourth-quarter net sales rose 14% to $213.4 billion, while free cash flow declined due to higher spending on AI infrastructure.
Compass Group PLC stock price slips to 2,125p as AI worries hang over office catering demand

Compass Group PLC stock price slips to 2,125p as AI worries hang over office catering demand

Compass Group shares fell 2.48% to 2,125p on Friday, underperforming the FTSE 100’s 0.59% gain. The caterer reported 7.3% first-quarter organic revenue growth and reiterated its 2026 outlook. Shares hit a three-year low amid investor concerns over AI’s impact on office catering. Compass will switch its London trading currency to U.S. dollars from April 1.
Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

WiseTech Global shares fell 4.6% to A$47.60 Friday, with turnover at 3.61 million shares, amid a broader selloff in software stocks. The S&P/ASX 200 dropped 2.03%, its worst session since November, and WiseTech is down 28.7% for the month. U.S. software stocks have lost about $1 trillion since Jan. 28. WiseTech’s half-year results are due Feb. 25.
Snowflake stock rebounds 7% after AI-software jitters; SNOW earnings next big test

Snowflake stock rebounds 7% after AI-software jitters; SNOW earnings next big test

Snowflake shares jumped 7.5% to $168.43 on Friday, recovering part of a three-day slide that saw the stock drop from $190.68 to $156.71. The rebound follows the company’s move to offer Anthropic’s Claude Opus 4.6 on its Cortex AI platform. Investors are watching for Snowflake’s quarterly results on Feb. 25 amid ongoing volatility in software stocks.
Goldman Sachs stock jumps on Anthropic AI-agent report as Dow clears 50,000

Goldman Sachs stock jumps on Anthropic AI-agent report as Dow clears 50,000

Goldman Sachs shares jumped 4.3% Friday after news the bank has worked with Anthropic for six months to build AI agents automating trade accounting and client onboarding. The stock closed at $928.75, helping push the Dow above 50,000 for the first time. Volume reached 2.5 million shares. Investors await delayed U.S. jobs and CPI data next week, seen as key for rate-cut bets.
Salesforce (CRM) stock ticks up after hours as AI jitters fade — Feb. 25 earnings are the next test

Salesforce (CRM) stock ticks up after hours as AI jitters fade — Feb. 25 earnings are the next test

Salesforce shares rose 0.8% to $191.35 in after-hours trading Friday after a turbulent week for software stocks. The S&P 500 Software & Services index gained 2.4% but ended the week down 8%, its worst since March 2020. Investors are watching for Salesforce’s quarterly and full-year results on February 25 amid concerns that new AI tools could pressure older software products.
Western Digital stock jumps nearly 9% — WDC rally turns on targets, AI storage talk

Western Digital stock jumps nearly 9% — WDC rally turns on targets, AI storage talk

Western Digital shares jumped 8.6% to $282.58 in after-hours trading Friday after Cantor Fitzgerald raised its price target to $420 following the company’s Innovation Day. The stock rebounded alongside gains in tech and storage peers. CEO Irving Tan sold 17,201 shares worth about $5.1 million on Feb. 2 under a pre-arranged plan. Investors await jobs and CPI data next week.
ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow shares fell 1.8% to $100.74 Friday, capping a volatile week for software stocks as investors debated AI’s impact on subscription software. The S&P 500 Software & Services index dropped 13% in a week, erasing over $800 billion in value. ServiceNow slid 12% this week, while hardware stocks tied to AI data centers held steadier. Investors are watching upcoming tech conference appearances for further signals.
Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum Holdings shares jumped 9.3% to $551.99 in after-hours trading Friday after reporting fiscal Q2 revenue of $665.5 million and forecasting Q3 revenue of $780–$830 million. Analysts raised price targets following the upbeat outlook. A Form 144 filing disclosed a planned sale of 4,849 shares. Trading volume reached about 6.7 million shares.
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

Nvidia surged nearly 8% Friday, lifting the Dow above 50,000 for the first time, as chip stocks rallied. Amazon shares fell after the company projected 2026 capital spending would jump to $200 billion to expand AI infrastructure. The S&P 500 and Nasdaq also closed higher, while software stocks continued to slide.
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Stock Market Today

  • Anteris Technologies Investors Shift from ASX CDIs to Nasdaq Common Stock in May 2026
    June 4, 2026, 11:58 PM EDT. Anteris Technologies Global Corp. reported a significant move by investors in May 2026, shifting from 15,222,084 ASX CHESS Depositary Interests (CDIs)-a form of Australian Depositary Receipts representing shares-to buying Nasdaq common stock. This reflects increased interest in direct U.S. market exposure over Australian listings. The shift highlights changing investor preferences and cross-market dynamics for companies like Anteris listed on multiple exchanges. Nasdaq common stock offers direct ownership in the U.S., while CDIs provide indirect exposure via the Australian Securities Exchange (ASX).

Latest articles

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
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