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Artificial Intelligence News 5 February 2026

Dow Jones slides nearly 600 points as AI spending fears hit Wall Street; Amazon sinks after the bell

Dow Jones slides nearly 600 points as AI spending fears hit Wall Street; Amazon sinks after the bell

The Dow Jones Industrial Average fell 1.2% to 48,908.72 as investors dumped tech stocks on concerns over soaring AI infrastructure costs at Amazon and Alphabet. Amazon shares dropped up to 11% after it raised its 2026 capital spending forecast to $200 billion. U.S. jobless claims rose by 22,000 to 231,000, while job openings hit a three-year low. The Nasdaq closed at its lowest since November.
AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

U.S. stocks fell sharply Thursday as tech shares and crypto-related stocks slumped. The S&P 500 lost 1.2%, the Dow dropped 592 points, and the Nasdaq slid 1.6%. Bitcoin plunged over 12% below $64,000 after new jobs data sent Treasury yields lower. Alphabet’s plan to spend up to $185 billion on AI in 2026 triggered further selling in big tech.
Meta stock price steadies after hours as Big Tech AI spending fears bite; WhatsApp India hearing set for Feb 9

Meta stock price steadies after hours as Big Tech AI spending fears bite; WhatsApp India hearing set for Feb 9

Meta shares rose 0.2% to $670.21 in after-hours trading Thursday, bucking a broader tech sell-off that saw the Nasdaq drop 1.57%. Investors weighed Meta’s 2026 capex forecast of $115–$135 billion as scrutiny intensified over its ad and WhatsApp data practices in the U.S. and India. Trading volume reached 16.6 million shares.
Apple stock price slips after hours as EU gives Maps, Ads a DMA pass and AI spending jitters spread

Apple stock price slips after hours as EU gives Maps, Ads a DMA pass and AI spending jitters spread

Apple shares fell 0.2% to $275.93 in after-hours trading after the EU declined to label its Maps and Ads services as “gatekeepers.” Tech stocks dropped broadly, with the Nasdaq down 1.57%, as Amazon and Alphabet announced massive increases in AI-related capital spending. Investors are watching for the U.S. jobs report on Feb. 11 and Apple’s shareholder meeting on Feb. 24.
Palantir stock extends two-day slide after hours as AI disruption fears keep traders defensive

Palantir stock extends two-day slide after hours as AI disruption fears keep traders defensive

Palantir Technologies’ stock fell 1.4% to $130.01 in after-hours trading Thursday, extending a two-day slide. The software and services sector has lost about $830 billion in market value since Jan. 28 as investors react to new AI product launches and uncertainty over business models. Palantir shares dropped 5.5% during the regular session and plunged 12% the previous day. Trading volume reached nearly 68 million shares.
Broadcom stock whipsaws as Google and Amazon crank up 2026 AI spending targets

Broadcom stock whipsaws as Google and Amazon crank up 2026 AI spending targets

Broadcom shares rose 0.8% to $310.47 in late trading Thursday after swinging between $306.78 and $326.44 during the session. Alphabet projected 2026 capex of $175–185 billion, while Amazon expects about $200 billion, intensifying focus on AI suppliers. Investors are awaiting Broadcom’s March 4 earnings for updates on AI chip margins and demand.
Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon said it plans about $200 billion in capital spending by 2026, focusing on AI. Shares fell nearly 8% in after-hours trading after first-quarter profit guidance missed Wall Street estimates. Fourth-quarter sales rose 14% to $213.4 billion, with AWS revenue up 24%. Free cash flow dropped to $11.2 billion due to increased investment.
Microsoft stock sinks 5% after rare Stifel downgrade as AI spending nerves spread

Microsoft stock sinks 5% after rare Stifel downgrade as AI spending nerves spread

Microsoft shares fell 5.2% to $392.74 in after-hours trading Thursday, as heavy selling hit the software sector. Trading volume reached about 50.7 million shares. Stifel downgraded Microsoft to “Hold,” citing slowing Azure growth and rising competition. The S&P 500 software and services index dropped 3.1%, with sector losses nearing $1 trillion since Jan. 28.
Alphabet stock slips as Google’s $185 billion AI spend plan rattles traders

Alphabet stock slips as Google’s $185 billion AI spend plan rattles traders

Alphabet shares fell 1% to $329.58 Thursday after the company disclosed a sharp increase in AI infrastructure spending and projected 2026 capital expenditures up to $185 billion. Fourth-quarter revenue rose 18% to $113.83 billion, with Google Cloud revenue jumping 48% to $17.66 billion. The stock earlier touched a low of $306.74 before partially recovering.
Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify shares fell 2.1% to $111.59 Thursday, swinging between $108.90 and $115.71 as software stocks faced heavy selling. The S&P 500 software and services index dropped about 3%, with sector losses nearing $1 trillion since Jan. 28. Investors are watching Shopify’s Feb. 11 earnings for signs of AI’s impact on margins. New unemployment claims rose and job openings hit a five-year low.
Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe shares fell 3.5% to $270.01 Thursday as software stocks slid, following a downgrade by Piper Sandler and ongoing concerns over AI’s impact on the sector. The S&P 500 software and services index dropped 2.8%, erasing over $950 billion in value since Jan. 28. Investors are watching Adobe’s March 12 earnings call for signs of demand and AI returns.
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Stock Market Today

SGX share price dips at week’s end after record profit; what investors watch next

SGX share price dips at week’s end after record profit; what investors watch next

7 February 2026
Singapore Exchange shares closed 0.4% lower at S$17.57 on Friday, despite reporting record half-year results and a higher dividend earlier in the week. Broker targets diverged after the update, with Maybank and DBS raising targets while Citi stayed bearish. Investors are watching for signs of momentum from derivatives and equity-market reforms as the next session opens Monday.
South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
South32 shares fell 4.1% to A$4.41 Friday as Australian miners dropped in the worst ASX session since April 2025. The S&P/ASX 200 lost 2%, erasing almost A$70 billion in value. South32’s half-year results and interim dividend decision are set for Feb. 12. Markets reopen Monday with investors watching for further volatility.
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