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Technology 6 February 2026

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

The Dow Jones Industrial Average climbed 687.55 points, or 1.41%, to 49,596.27 by 9:55 a.m. ET Friday, clawing back some losses after a tech-driven selloff shook U.S. equities this week. Amazon slipped roughly 8.7%, while Nvidia surged over 5%.
CrowdStrike stock bounces in premarket after 9% slide as Aramco pact, insider sale notice hit tape

CrowdStrike stock bounces in premarket after 9% slide as Aramco pact, insider sale notice hit tape

Shares of CrowdStrike Holdings climbed about 2% in premarket Friday, recovering a bit after tumbling 9.2% on Thursday during a wider tech selloff that dragged down cybersecurity stocks. Ryan Lee, senior vice president of product and strategy at Direxion, commented, “The Street has made it clear this quarter that there is little tolerance for capex without accompanying monetization.”
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.