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  • Published on February 8, 2026 - 15:22 GMT

    Amazon Shares Plummet

    (MENAFN) Amazon’s stock experienced a sharp decline after the company revealed intentions for aggressive spending on artificial intelligence. The share price fell nearly 5% by the end of trading and suffered an additional 7% drop during the after-hours …

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  • Published on February 8, 2026 - 15:22 GMT

    Stock Market Rallies as Tech Shares Recover

    (MENAFN) The New York Stock Exchange finished the week on a positive note, driven by a resurgence in technology shares. The Dow Jones Industrial Average surged 2.47%, or 1,206.95 points, closing at 50,115.67. Meanwhile, the Nasdaq jumped 2.18%, or 490.63 …

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  • Published on February 8, 2026 - 15:19 GMT

    US Stock Market Slumps Amid Tech Sector Weakness

    (MENAFN) The US equity market concluded Thursday with notable declines, driven primarily by a steep drop in the technology sector. The Dow Jones Industrial Average slipped 1.2%, losing 592.58 points to settle at 48,908.72. Meanwhile, the Nasdaq fell 1.59%, …

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  • Published on February 8, 2026 - 15:19 GMT

    Washington Post CEO Announces Resignation Days After Sweeping Layoffs

    (MENAFN) The Washington Post CEO and publisher Will Lewis has resigned from his position, the company confirmed Saturday—mere days following the announcement of devastating layoffs that eliminated nearly one-third of the newsroom. Matt Viser, who leads The …

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  • Published on February 8, 2026 - 15:17 GMT

    Amazon Shares Drop 12 Percent on Massive AI Spending Plan

    (MENAFN) Amazon shares plummeted in a dramatic sell-off following the company's disclosure of an unprecedented artificial intelligence investment strategy that has rattled Wall Street. The e-commerce and cloud computing giant saw its stock nosedive …

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  • Published on February 8, 2026 - 15:16 GMT

    New York Stock Exchange Ends Friday Up

    (MENAFN) Wall Street delivered a decisive upswing Friday, propelled by a resurgence in technology sector equities that reversed days of sustained selling pressure. The Dow Jones Industrial Average vaulted 2.47%, gaining 1,206.95 points to settle at 50,115. …

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