Snowflake stock skids as AI fears hit software; SNOW eyes Feb. 25 earnings
Shares of Snowflake Inc dropped roughly 7.5% to $160.24 by early afternoon Wednesday, hitting an intraday low of $159.80. The stock had started the day at $170.51.
Nvidia’s $20B OpenAI deal talk is back — and Oracle’s AI funding bet is in the spotlight
Nvidia is close to finalizing a roughly $20 billion investment in OpenAI during the AI company’s latest funding round, a source familiar with the situation said. The agreement isn’t set in stone yet, even as OpenAI has looked at alternatives to some of Nvidia’s latest chips. That’s despite CEO Sam Altman describing Nvidia’s products as “the best AI chips in the world.”
AppLovin stock tumbles 14% as AI disruption jitters hit ad tech ahead of Feb 11 earnings
AppLovin Corp shares dropped 13.7%, slipping to $398.51 in late-morning trading Wednesday. The stock swung sharply between $464.17 and a low of $384.24, after closing at $461.79 the previous session.
IBM stock price slides again as AI disruption fears hit software, IT services
International Business Machines Corp shares dropped $9.19, or 3.1%, to $285.12 in late morning trading on Wednesday. During the session, the stock swung between $279.13 and $296.10.
Intuit stock price whipsaws in New York trade as AI disruption fears hit software names
Intuit shares ended Wednesday up 0.5% at $436.13, bouncing between a low of $411.48 and a high of $447.00 amid ongoing volatility in software stocks.
Salesforce (CRM) stock steadies after AI selloff jitters — what traders are watching next
Salesforce shares crept up 0.1% to $196.54 in late-morning trading on Wednesday, rebounding after a roughly 7% drop the day before. The stock bounced between a low of $187.29 and a high of $199.64, with around 11.1 million shares changing hands.
ServiceNow stock steadies after AI disruption scare hits software names again
ServiceNow shares traded near $109.77 on Wednesday, holding steady after tumbling nearly 7% the day before. That drop pushed the stock well below its recent highs.
Blue Owl stock rebounds as AI fears rattle software borrowers ahead of Feb. 5 earnings
Shares of Blue Owl Capital Inc edged up 0.9% to $12.22 Wednesday morning, rebounding from an early dip to $11.75 but still shy of the day's peak around $12.34.
Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split
Shopify shares dropped again Wednesday, marking a second straight day of declines as investors digested conflicting analyst opinions on the Canadian e-commerce firm’s move into “agentic commerce” — AI agents that handle searching, selecting, and purchasing products for customers.
AMD stock price slides 14% after outlook flags a slower quarter — and AI nerves bite
Shares of Advanced Micro Devices tumbled 14.2% to $207.81 Wednesday morning, marking their biggest single-day drop in months. The stock dipped as low as $206 and was last down $34.30 from Tuesday’s close.
AMD stock plunges nearly 15% as Anthropic jitters hit AI chips and software
Shares of Advanced Micro Devices dropped roughly 15% to $206.47 in early Wednesday trading, deepening the slump for AI-related stocks after the chipmaker’s forecast missed lofty expectations.
AppLovin stock sinks on AI ad-tech fears ahead of Feb. 11 earnings — what’s driving the slide
AppLovin shares dropped roughly 12% early Wednesday as software stocks took another hit and fresh concerns emerged over AI disrupting mobile ad tech. Unity Software wasn’t spared, sliding about 10%. https://www.investing.com/news/stock-market-news/applovin-stock-falls-amid-broader-software-selloff-and-mobile-ad-tech-concerns-4484979
KKR and Singtel clinch $5.2 billion STT GDC buyout as Asia’s AI data centre race heats up
KKR and Singapore Telecommunications are shelling out S$6.6 billion to acquire the remaining shares in ST Telemedia Global Data Centres. This move gives them full ownership of the Singapore-based operator, STT GDC.
Super Micro (SMCI) jumps after record AI-server quarter, hikes 2026 sales view to $40 billion
Super Micro Computer boosted its fiscal 2026 sales outlook to a minimum of $40 billion, following a record quarter in revenue. The San Jose-based server maker posted net sales of $12.68 billion for the quarter ended Dec. 31 and forecasts at least $12.3 billion for the next quarter. CEO Charles Liang said, “We are scaling rapidly to support large AI and enterprise deployments.”
Palantir stock drops after earnings pop as PLTR traders weigh upgrades, AI jitters
Shares of Palantir Technologies Inc dropped 2.8% to $153.50 in early Wednesday trading, erasing some of the gains from the previous day’s earnings surge.
Microsoft stock price slips at the open as AI disruption fears ripple — what’s driving MSFT now
Microsoft Corp shares dropped 2.9% to $411.21 in early Nasdaq action Wednesday, slipping from an opening price of $422 and hitting a low of $408.94. That put the stock $12.12 below its last close.
Intuit stock tumbles 11% then slips again premarket as AI jitters rattle software names
Intuit Inc shares dipped 0.7% to $431.03 in premarket trading Wednesday, after tumbling 10.9% at Tuesday’s close. The premarket session takes place in the brief period before the Nasdaq opens at 9:30 a.m. ET.
Accenture stock price: ACN steadies premarket after Tuesday’s rout as AI disruption fears linger
Accenture shares slipped 0.2% to $240.68 in premarket trading following a tough day that dragged down IT services stocks alongside the wider software sector.
Salesforce stock (CRM) slides as Anthropic AI plug-ins rattle software names before open
Salesforce shares dropped 6.9% to close at $196.38 on Tuesday, drawing renewed attention to the cloud-software giant ahead of Wednesday’s U.S. trading session.
AI stocks wobble as AMD slips on forecast and Nvidia faces fresh China questions
Advanced Micro Devices dropped roughly 1.5% to $242.11 in early trading Wednesday, dragging other AI chip stocks down with it amid fresh AI news. Nvidia slid 2.8%, Broadcom tumbled 3.3%, and the iShares Semiconductor ETF slipped around 2%.