Apple, Microsoft och Amazon
Apple ended Thursday down 5%, leading to a loss of $202 billion in market capitalization on the day.
MarketWatch February 12, 2026
Amazon’s stock just entered a bear market.
Investors are pushing back against Big Tech’s AI spending, causing Amazon’s shares to fall 21.4% and Microsoft’s 25.9% into bear markets.
Concerns over AI return on investment and circular financing deals are causing investors to favor Alphabet’s ecosystem over others.
Amazon, Microsoft, Meta, and Alphabet plan a cumulative $650 billion in 2026 AI capital expenditures
MarketWatch February 12, 2026



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