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Technology 8 February 2026

Big Tech stocks brace for AI spending scrutiny after Nvidia’s jump and Amazon’s drop

Big Tech stocks brace for AI spending scrutiny after Nvidia’s jump and Amazon’s drop

The Dow closed above 50,000 for the first time Friday as Nvidia surged 7.9% and Amazon dropped 5.6% on news of a $200 billion capex plan for 2026. Tech stocks remain volatile, with chipmakers rallying and software names under pressure as investors react to soaring AI infrastructure costs. The S&P 500 rose 2%, while the Russell 2000 jumped 3.5%. Alphabet, Meta, and Microsoft are also expected to boost spending sharply this year.
8 February 2026
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Amazon stock slides on $200 billion AI spending plan as Wall Street braces for jobs, CPI

Amazon stock slides on $200 billion AI spending plan as Wall Street braces for jobs, CPI

Amazon shares fell 5.6% to $210.32 Friday after the company projected over 50% higher capital spending this year, unsettling investors. The company reported Q4 net sales up 14% to $213.4 billion and AWS revenue up 24%. Analysts flagged concerns over the scale of Amazon’s AI infrastructure investment. U.S. retail sales, jobs, and inflation data are due next week.
8 February 2026
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Alibaba stock ends skid after Friday jump as Qwen giveaway hits glitches and earnings near

Alibaba stock ends skid after Friday jump as Qwen giveaway hits glitches and earnings near

Alibaba’s U.S.-listed shares rose 3% to $162.51 Friday, ending a six-session losing streak as tech stocks rebounded. The company’s Qwen app topped China’s Apple App Store after a 3 billion yuan Lunar New Year giveaway, but surging demand caused outages and WeChat blocked QR-code sharing. Alibaba’s next quarterly report is due Feb. 19 before the U.S. market opens.
8 February 2026
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SK hynix stock price slips to 839,000 won after tech selloff — what to watch when Seoul opens

SK hynix stock price slips to 839,000 won after tech selloff — what to watch when Seoul opens

SK hynix shares closed at 839,000 won Friday, down 0.36% after volatile trading, with volume at 5.58 million. The company declared a 1,875 won cash dividend per share, with a Feb. 28 record date and Feb. 26 ex-dividend date. KOSPI fell 1.4%, snapping a six-week streak, as chip stocks tracked global tech sentiment. Next earnings are expected around April 29.
8 February 2026
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Applied Digital stock surges 25% to $34.95 — what APLD investors are watching next week

Applied Digital stock surges 25% to $34.95 — what APLD investors are watching next week

Applied Digital shares surged 25.5% to $34.95 Friday, with 44.7 million shares traded after a volatile session. The move followed renewed interest in AI-linked infrastructure stocks and outpaced gains in peers like Core Scientific and Digital Realty. The company recently reported $126.6 million in quarterly revenue and signed major data center leases with hyperscale clients.
8 February 2026
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Apple stock heads into Monday with iPhone price question back on the table

Apple stock heads into Monday with iPhone price question back on the table

Apple closed at $275.97 Friday, last indicated up 0.8% at $278.12. A global memory-chip shortage is raising questions about whether Apple will hike iPhone prices or absorb higher costs. CEO Tim Cook warned of rising chip prices but gave no details on Apple’s response. Traders are watching upcoming U.S. payrolls and inflation data that could affect rate-cut expectations.
8 February 2026
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Alphabet stock sinks on AI spending fears — what to watch for Google shares next week

Alphabet stock sinks on AI spending fears — what to watch for Google shares next week

Alphabet shares fell 2.5% to $322.86 Friday, lagging a broader tech rally as investors reacted to reports the company may double AI infrastructure spending this year. The Dow closed above 50,000 for the first time. Wall Street is shifting focus from AI demos to cash flow, putting pressure on Big Tech. Key U.S. jobs and inflation data are expected this week.
8 February 2026
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Bitmine Immersion Technologies stock jumps 18% into weekend as crypto steadies — what to watch Monday

Bitmine Immersion Technologies stock jumps 18% into weekend as crypto steadies — what to watch Monday

Bitmine Immersion Technologies shares jumped 17.6% to $20.47 Friday, rebounding after four days of losses. Bitcoin and ether both surged over 10%, but demand for downside protection in crypto options remained high. Bitmine’s stock tracked crypto moves closely, reflecting its large ether and bitcoin holdings. About 74 million Bitmine shares traded in a session that saw the stock swing between $18.70 and $20.70.
8 February 2026
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Intel stock back above $50 after AI capex bounce and China CPU shortage report — what to watch next week

Intel stock back above $50 after AI capex bounce and China CPU shortage report — what to watch next week

Intel shares closed up 4.9% at $50.59 Friday after the company warned some China customers of server CPU delays of up to six months, Reuters reported. The move followed strong demand for AI-related hardware and broader gains in chip stocks. Intel also plans to invest about $100 million in AI chip startup SambaNova Systems, sources said.
8 February 2026
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ASML stock price jumps as AI spending race returns; jobs data and dividend dates ahead

ASML stock price jumps as AI spending race returns; jobs data and dividend dates ahead

ASML’s U.S.-listed shares jumped 4.6% to $1,413 on Friday, tracking a 5.7% rally in chip stocks after Amazon and Alphabet signaled higher AI infrastructure spending. Peers Applied Materials, Lam Research, and KLA each gained over 6%. ASML’s interim dividend goes ex-dividend Feb. 9 in Amsterdam and Feb. 10 in New York, with payment set for Feb. 18. U.S. jobs and inflation data are due next week.
8 February 2026
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Nvidia stock ‘cheap’ again? AI spending surge puts NVDA back in the spotlight

Nvidia stock ‘cheap’ again? AI spending surge puts NVDA back in the spotlight

Nvidia shares jumped 7.8% Friday, leading a rally in chip stocks after signs of continued AI hardware spending by major tech firms. The PHLX semiconductor index rose 5.7%, with AMD and Broadcom also gaining. The Dow closed above 50,000 for the first time. Investors remain split over whether soaring AI outlays will deliver sufficient returns.
8 February 2026
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Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero closed Friday down 0.4% at A$81.76, near last week’s low, as software stocks slumped. The S&P/ASX 200 Tech Index was set to end the week down about 12%, hitting levels last seen in December 2023. Global tech shares also fell, with nearly $1 trillion in value erased from U.S. software stocks since Jan. 28. Investors await fresh rate and inflation signals next week.
8 February 2026
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Stock Market Today

  • Marvell and Micron Shares Plunge as Chip Sector Hits Six-Year Low
    June 5, 2026, 5:26 PM EDT. Shares of Marvell Technology and Micron Technology fell sharply on Tuesday as the chip sector endured its worst day in six years. Investors grew cautious on momentum stocks amid concerns over a robust U.S. jobs report, which could influence Federal Reserve policy. The report highlighted continued strength in the labor market, prompting fears of tighter monetary conditions that could weigh on growth-oriented tech shares. The decline reflects broader investor anxiety about the outlook for semiconductor demand and valuations in a shifting economic environment.

Latest articles

Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

5 June 2026
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after strong U.S. jobs data dashed hopes for easier Fed policy, sending Treasury yields higher and pressuring gold miners; trading volume jumped, and Newmont now sits about 26% below its 52-week high, with rising costs and lower Q2 output flagged by management.
Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

5 June 2026
Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

5 June 2026
A blowout May jobs report sent the Dow plunging 1.3% to 50,880 and the Nasdaq nearly 4% as investors braced for tighter Fed policy, with chip stocks like Nvidia, Broadcom, and Micron leading an 8% drop in the semiconductor index, erasing hopes for rate cuts and triggering a broad tech selloff.
Nasdaq Falls After Unexpected Late Jobs Data

Nasdaq Falls After Unexpected Late Jobs Data

5 June 2026
U.S. stocks plunged Friday as a stronger-than-expected jobs report dashed hopes for Fed rate cuts, sending the Nasdaq down 3.07% and the Philadelphia semiconductor index tumbling 8.1%—its steepest drop since the tariff rout—while rate futures raised the odds of a December hike to 68.4% and Treasury yields surged.
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