Dow soars by almost 1,000 points as Wall Street rebounds from tech meltdown

The sell-off in tech stocks screeched to a halt Friday as investors stepped in to buy the dip: The Dow soared 970 points, or 1.98%, and hit a fresh intraday record high. The tech-heavy Nasdaq rose 1.6 ...

Big Tech's quarter in four charts: AI splurge and cloud growth

By Harshita Mary Varghese and Anhata Rooprai Feb 6 (Reuters) - U.S. tech giants have predicted their spending would surge ...

Traders chase ‘AI resistant’ stocks as disruption fear hits tech

Consumer staples and chemicals are also among AI-resistant firms, JonesTrading’s O’Rourke noted. The staples group, composed ...

Big Tech set to spend $650 billion in 2026 as AI investments soar

Alphabet, Microsoft, Amazon, and Meta are on track to spend between $635 billion and $665 billion in their respective 2026 ...

Why Wall Street analysts see the tech-sell-off as overblown, and fueled by 'fear, not fundamentals'

Tech stocks are trading lower as investors assess whether AI could upend current software leadership. Analysts say the market ...

Tech Stocks Are Getting Hammered—Why Experts Say That's 'Healthy'

It might be hard for investors to feel upbeat while tech stocks are tumbling. But that's exactly how some experts are ...

Tech billionaires are watching their wealth free-fall amid an AI-driven slump—Larry Ellison and Jeff Bezos have lost more than $66 billion this year

AI bubble fears have led to billions erased from tech CEOs’ net worths overnight—and Oracle founder Larry Ellison has been ...