Big Tech stocks brace for Monday as Nvidia CEO vows ‘huge’ OpenAI investment and Apple’s iPhone rebound shows up

Nvidia CEO Jensen Huang said on Saturday the chip designer will make a “huge” investment in OpenAI, rejecting a The Wall Street Journal report that talks on an earlier plan for up to $100 billion had stalled. Speaking in Taipei, Huang was asked whether it would be over $100 billion and replied: “No, no, nothing like that.”

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Meta Platforms (META) news archive — page 14

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Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

Microsoft shares held steady on Friday morning, though the broader AI sector showed signs of strain. Investors are grappling with rising data-center costs amid cloud growth that’s failing to accelerate as expected. By 10:03 a.m. ET, Microsoft was up 0.6% at $436.11. Nvidia dipped 0.4%, AMD dropped 4.1%, and the Nasdaq-100 ETF QQQ slipped 0.6%.
Dow Jones today: DJIA edges up as Microsoft tumbles; Apple iPhone demand “staggering” after bell

Dow Jones today: DJIA edges up as Microsoft tumbles; Apple iPhone demand “staggering” after bell

The Dow Jones Industrial Average eked out a small gain on Thursday, rising 55.96 points, or 0.11%, to 49,071.56. The S&P 500 slipped 9.02 points to 6,969.01, while the Nasdaq Composite dropped 172.33 points to 23,685.12, weighed down by a steep selloff in Microsoft. Shares of Microsoft plunged about 10%, marking their largest one-day percentage decline since March 2020. On the flip side, Meta Platforms surged over 10% following its earnings report.
Microsoft stock dives 12% on AI spending jitters as Meta jumps — AI stocks split today

Microsoft stock dives 12% on AI spending jitters as Meta jumps — AI stocks split today

Microsoft dropped nearly 12% on Thursday, pulling down a broad group of AI-related stocks. Meta Platforms, on the other hand, surged around 10% after investors applauded its ad-driven earnings, even with a fresh wave of spending announced. Nvidia slipped about 0.6%, Amazon lost roughly 1.6%, and Apple remained mostly flat ahead of its earnings release after the close.
Meta jumps, Microsoft slides: AI stocks hit a payback test before Wall Street opens

Meta jumps, Microsoft slides: AI stocks hit a payback test before Wall Street opens

U.S.-listed AI stocks looked set for a volatile open Thursday. Meta Platforms surged 7.9% in premarket action, while Microsoft dropped 6.4% following its earnings report. Stock index futures ticked up slightly after the Federal Reserve kept interest rates unchanged the day before. “Traders are no longer rewarding the biggest spenders,” said Jake Behan, head of capital markets at Direxion.
US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

U.S. stock index futures edged higher in premarket trading on Thursday as investors sifted fresh results from Meta Platforms and Tesla and a sharp drop in Microsoft ahead of Apple earnings later in the day. At 5:21 a.m. ET, S&P 500 E-mini futures — contracts tied to the benchmark index — were up 13.5 points, or 0.19%, while Nasdaq 100 E-minis rose 67.5 points, or 0.26%, and Dow E-minis added 42 points, or 0.09%. Meta rose 7.9% and Tesla gained 2.9%, while Microsoft slid 6.4%; rare-earth miners fell after a report the Trump administration would step back from critical mineral price supports and investors also kept an eye on a U.S. government funding deadline on Friday.
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