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Stock Market 5 February 2026

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

U.S. stocks dropped Thursday as Alphabet’s announcement of a steep rise in capital spending sparked fresh concerns over when AI-driven growth will start turning a profit. By 9:41 a.m. ET, the Dow had slipped 0.56%, the S&P 500 lost 0.51%, and the Nasdaq was down 0.50%. Alphabet’s shares tumbled 2.6%. “The AI trade … is perhaps the extinguisher this year,” said Melissa Brown, managing director of investment decision research at SimCorp. https://www.reuters.com/business/sp-nasdaq-futures-subdued-markets-digest-alphabets-ai-spending-plans-2026-02-05/
Netflix stock climbs as Trump steps back from Warner Bros takeover fight

Netflix stock climbs as Trump steps back from Warner Bros takeover fight

Netflix shares climbed $1.35, or roughly 1.7%, to $81.51 in morning trading Thursday. This came after U.S. President Donald Trump said he would refrain from intervening in the clash between Netflix and Paramount Skydance over Warner Bros Discovery, leaving the matter to the Justice Department. So far, the stock has fluctuated between $80.50 and $83.27 during the session.
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