Dow closes above 50,000, Nvidia soars as traders focus on AI spending

Dow closes above 50,000, Nvidia soars as traders focus on AI spending

By Noel Randewich

Fri February 6, 2026 6:33 AM  

Well, isn’t this cute? After three days of severe panic selling over anxiety over the future profitability of AI, suddenly it’s a market favorite again with all three indexes shooting way straight up right out the gate and staying there all day, the Dow with a whopping 4-digit lead and even the S&P with a 3-digit, the Nasdaq of course with a big 3-digits. As today’s expert put it, “When there’s this kind of a selloff, I think there’s a floor where there’s going to be a certain set of investors that steps in and starts buying these names.” Is this just bargain hunting that sent the Dow to a new record, breaking the formidable 50,000 and the S&P within a stone’s throw of another record? What makes no sense at all is the conditions that triggered the massive selloff are still very much in evidence.  

Wall Street ends sharply down as AI worries weigh

Wall Street ends sharply down as AI worries weigh

By Noel Randewich

Thu February 5, 2026 5:59 AM  

For the third day, serious worries about the unprecedented huge investments in AI creating doubts about whether it will translate to profits shot all three indexes way down. It was a similar pattern to the last two days with the markets tumbling drastically until 11 a.m., then recovering in the early afternoon.  Only today, instead of continuing the recovery, everything sank again with major 3-digit losses in both tech and industrials. It seems that every major tech company, after announcing even greater planned expenditures for AI, just caused a rush to the exits with the stock prices taking big hits.  

Wall Street ends down as AI worries slam tech stocks

Wall Street ends down as AI worries slam tech stocks

By Noel Randewich and Pranav Kashyap

Wed February 4, 2026 6:21 AM  

It was a second day of panic selling with mounting fears that the AI rally has not only peaked but is hurting software developers. And, like yesterday, the pattern was for a straight downward spiral on both the S&P and Nasdaq which was much worse during the day than at close. Like yesterday, they both had huge losses until about 1 pm, the Nasdaq down nearly 600, the S&P down about 80. The Dow had a much better time starting way up over 400 only to crash to zero by 1 pm. And like yesterday, after the crashes, they all recovered a large portion of their losses, tech still closing quite solidly in the red but the Dow having a nice 3-digit gain.  

Wall Street ends sharply down as traders fret about AI disruption

Wall Street ends sharply down as traders fret about AI disruption

By Noel Randewich and Twesha Dikshit

Tue February 3, 2026 6:12 AM  

Wow, what a difference a day makes, but it does point out just how skittish this market is. Just yesterday, AI was once again the darling of Wall Street with optimism abounding. Today, a great panic set in as suddenly investors are suddenly so terribly worried that AI fever may hurt software developers. The reasoning here escapes me. After all, what good is AI for if not for developing very advanced software? Why would that hurt the developers? But there you have it.  The day’s plummet was actually much worse than meets the eye with the Dow dipping almost 600 points by 2 pm and corresponding plunges on the S&P at nearly a minus 120 and the Nasdaq a minus some 560 also by 2 pm.  

S&P 500 flirts with record high; chipmakers and small caps jump

S&P 500 flirts with record high; chipmakers and small caps jump

By Noel Randewich and Pranav Kashyap

Mon February 2, 2026 6:05 AM

Ahead of Q4 reports due later this week from stalwarts Alphabet and Amazon, all the indexes shot straight up and way up and stayed there today. Recent concerns about tech overvaluations and disappointing earnings seemed to have vanished today as AI is once again in the front seat and going strong. Small caps continue to outperform tech but with AI dominating the S&P, the index is already up 2% this year with its first gains in three sessions, though the Russell is up about 6% as the rotation into small caps continues, something very much viewed as confidence in the economy.  

US stocks fall, as investors fret over Trump's Fed nominee, earnings, inflation

US stocks fall, as investors fret over Trump's Fed nominee, earnings, inflation

By Sinéad Carew and Pranav Kashyap

Fri January 30, 2026 5:27 AM  

Like yesterday, the indexes were way down during the day but at least the Dow and S&P recovered most of these losses by close. The Dow had reached a low of a minus 600 by 1 pm, the S&P down about 80.  The Nasdaq did not fare nearly as well in a straight downward spiral losing over 330 points by 1 pm.  The simple reason for this was new nerves over the nomination of Powell’s replacement, a hawk who is feared to push for more rate cuts than is healthy and push the already fragile economy into even steeper inflation.  

S&P 500, Nasdaq close down as Big Tech's soaring AI budgets trigger flight

S&P 500, Nasdaq close down as Big Tech's soaring AI budgets trigger flight

By Sinéad Carew and Pranav Kashyap

Thu January 29, 2026 7:24 AM  

Tech really took a bath today as, at least for today, investors decided the AI honeymoon was over given a new pessimism over the promise of huge AI expenditures ever turning into profits, especially with Microsoft’s disappointing Q4 report. The losses were far greater earlier in the day than at close with the Dow down almost 400 by 11 a.m., tech going much worse with the Nasdaq losing over 600 in the morning and S&P over 100.