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Artificial Intelligence 5 February 2026

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.
Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology shares rose about 2% to $98.96 Thursday afternoon, rebounding after recent losses. A Bank of America note challenged the AI-chip selloff, citing sector bottlenecks. Insider-sale filings and a March earnings report kept traders cautious. Roughly 5.8 million shares traded as Credo’s market cap neared $32.5 billion.
Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv shares fell 1.8% to $179.36 Thursday, hitting a low of $172.59 as investors retreated from costly AI-linked stocks amid concerns over capital spending. The company reports earnings Feb. 11, with investors watching for signs of demand in data-center cooling. Peers like Eaton and Johnson Controls also saw volatile trading this week.
C3.ai AI stock price sinks again as insider sale and software rout keep pressure on NYSE:AI

C3.ai AI stock price sinks again as insider sale and software rout keep pressure on NYSE:AI

C3.ai shares fell 7% to $10.33 Thursday after a regulatory filing showed Executive Chairman Thomas Siebel sold 27,605 shares at $10.81 each. The broader S&P 500 software and services index dropped 2.8%, erasing over $950 billion in value since January 28. Investors are watching for signals from C3.ai’s March conference amid sector-wide concerns over AI’s impact.
Alphabet stock (GOOGL) slides as Google’s AI capex bill grows — what Wall Street watches next

Alphabet stock (GOOGL) slides as Google’s AI capex bill grows — what Wall Street watches next

Alphabet shares fell 2.4% Thursday, closing at $324.95 after the company announced 2026 capital spending of up to $185 billion, nearly double its 2025 budget. The stock earlier dropped as much as 8%. Alphabet reported Q4 revenue of $113.8 billion and net income of $34.5 billion. Investors are watching for Amazon’s earnings after the bell.
Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

The Dow Jones fell 502.57 points, or 1.02%, to 48,998.73 Thursday as tech stocks slid after Alphabet announced plans to nearly double capital spending for AI. Qualcomm shares dropped on weak guidance, while Amazon slipped ahead of earnings. Weekly jobless claims rose to 231,000 and U.S. layoffs hit a 17-year January high. The CBOE volatility index reached its highest level in over two months.
Nebius stock drops again as AI jitters hit high-growth names ahead of Feb. 12 results

Nebius stock drops again as AI jitters hit high-growth names ahead of Feb. 12 results

Nebius Group N.V. shares fell 5.5% to $77.87 by midday Thursday amid a broader selloff in AI-related stocks. The Nasdaq hit a two-month low as investors reacted to Alphabet’s spending plans and Qualcomm’s outlook. Nebius will report fourth-quarter and full-year results on February 12. Freedom Capital set a $108 price target, citing the company’s GPU-as-a-service model.
Booking Holdings stock slips in midday trade as AI-fueled analyst calls collide on Wall Street

Booking Holdings stock slips in midday trade as AI-fueled analyst calls collide on Wall Street

Booking Holdings shares fell 1.6% to $4,534.04 Thursday as analysts clashed over whether AI poses a structural threat to online travel agencies. Citizens downgraded the stock, citing AI risks, while Mizuho upgraded it, calling the selloff overdone. Booking will report earnings on Feb. 18. Director Robert J. Mylod Jr. sold 40 shares last week at just over $5,000 each.
Applied Materials (AMAT) stock snaps back near $300 as Alphabet AI spend stirs chip-equipment trade

Applied Materials (AMAT) stock snaps back near $300 as Alphabet AI spend stirs chip-equipment trade

Applied Materials shares rose 0.7% to $299.55 by midday Thursday, rebounding after a 6% drop Wednesday. Lam Research, ASML, and KLA also gained, while Alphabet and Qualcomm fell sharply. Citi raised its price target on Applied to $400 ahead of Feb. 12 earnings. Export controls remain a risk, with potential to cut $600 million from Applied’s 2026 revenue.
Roblox stock price steadies as new “4D creation” AI push meets earnings test after the bell

Roblox stock price steadies as new “4D creation” AI push meets earnings test after the bell

Roblox shares edged up 0.1% to $63.16 midday Thursday after launching a new AI-powered creation tool. The company will report fourth-quarter earnings after the bell, with forecasts calling for a 47-cent loss per share on $2.07 billion in revenue. Investors are focused on user engagement, spending, and the impact of new safety measures.
Broadcom stock rises as Google flags up to $185 billion in AI capex spending

Broadcom stock rises as Google flags up to $185 billion in AI capex spending

Broadcom shares rose 2.8% to $316.53 Thursday after Alphabet announced a 2026 capital spending plan of up to $185 billion, far above forecasts. The stock hit $326.44 before retreating. Broadcom supplies Google’s AI chips, with over 80% of its AI compute sales tied to the partnership. The company reports quarterly results after the close on March 4.
Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

U.S. stocks fell Thursday, led by sharp declines in tech shares as investors reacted to heavy AI spending plans from Alphabet and Qualcomm’s weak revenue forecast. Alphabet dropped 2.6%, Qualcomm plunged 8%, and AMD tumbled 17%. The S&P 500 lost 0.51%, Nasdaq 0.50%, and Dow 0.56% by mid-morning. Silver slumped 15% and oil prices also fell amid broad market pressure.
QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

Invesco’s Nasdaq-100 ETF QQQ fell about 1.6% Thursday morning, extending losses after Alphabet projected 2026 capital spending of up to $185 billion. Portfolio managers cited concerns over high tech valuations and AI-driven disruption, prompting investors to cut risk. Trading volume in QQQ rose above recent averages, with the ETF last seen near $605.75.
Western Digital stock slides again: $4B buyback, AI-storage roadmap keep WDC volatile

Western Digital stock slides again: $4B buyback, AI-storage roadmap keep WDC volatile

Western Digital shares dropped 2.5% to $262.68 Thursday morning after a 7% fall the previous day. The company announced a new $4 billion share buyback and unveiled hard drives over 100 terabytes for AI data centers. CEO Irving Tan sold 20,000 shares for about $5.1 million under a preset plan, according to an SEC filing. Trading volume spiked to 14.7 million shares, far above the 50-day average.
Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

Alphabet shares fell 2.6% Thursday after the company projected 2026 capital spending of up to $185 billion, far above analyst estimates. The S&P 500 software and services index dropped 1.8%, with ServiceNow, Salesforce, and Microsoft each down about 2.6%. The Dow lost 0.56% by 9:41 a.m. ET. Investors also awaited Amazon earnings and new U.S. labor data.
Palantir stock drops again as AI jitters and valuation doubts bite after earnings whipsaw

Palantir stock drops again as AI jitters and valuation doubts bite after earnings whipsaw

Palantir shares fell 6.8% to $130.11 Thursday morning, extending a two-day slide that erased most of Tuesday’s rally. The drop follows a 12% plunge Wednesday amid concerns over AI-driven valuations and sector volatility. Director Alexander D. Moore disclosed selling 20,000 shares last week. Investors await U.S. economic data next week that could shift rate expectations for growth stocks.
Nvidia stock price edges up as Huang calls AI disruption fears “illogical”

Nvidia stock price edges up as Huang calls AI disruption fears “illogical”

Nvidia shares rose 0.8% to $175.60 Thursday, even as the S&P 500 software and services index lost over $800 billion in value in six sessions amid AI disruption fears. Alphabet projected 2026 capital spending of up to $185 billion, rattling markets and sending the Nasdaq down 1.36% at the open. Microsoft fell 2.6%, while AMD and Broadcom gained. OpenAI launched its Frontier agent service for enterprises.
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.
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Stock Market Today

  • InterContinental Hotels Group PLC Shares Buyback Announcement June 2026
    June 5, 2026, 2:32 AM EDT. InterContinental Hotels Group PLC announced on June 5, 2026, that it repurchased its ordinary shares on June 4, 2026. The company bought shares priced at 20,340/399 pence each, marking a strategic move to manage its share capital. This share buyback reflects the company's efforts to enhance shareholder value by reducing the outstanding share count.

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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