tech
February 9, 2026
Oracle Gains 9%, Microsoft Climbs 3% as Tech Tries to Bounce Back from $1 Trillion Sell-Off
AI hyperscalers had a bruising week after investors got jittery about huge expenditure outlooks.

TL;DR
- Big Tech stocks showed mixed performance on Monday after a significant sell-off.
- Oracle and Microsoft saw gains, while Amazon shares dipped.
- Increased capital expenditure for AI was a major concern for investors.
- Combined capital expenditure for Amazon, Alphabet, Microsoft, and Meta was substantial in Q4 and projected to grow significantly by 2026.
- Last week was the worst for 'Magnificent 7' stocks since April.
- Analysts acknowledge potential stock volatility but note management confidence in demand forecasting.
- Amazon and Alphabet's higher-than-expected capex guidance overshadowed strong cloud growth.
- Nvidia's CEO defended high AI infrastructure spending due to immense demand for computing power.
- Analysts predict continued upward pressure on hyperscaler capex estimates.
Continue reading the original article