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Tech stocks plunge as investors fret over AI spending and disruption

WBUR | By Here & Now Newsroom

Published February 6, 2026 at 12:09 PM EST

Tech stocks plunged this week amid investor panic over AI’s disruptive potential and big tech’s capital spending. Big tech companies saw more than $1 trillion wiped off their market value this week after Amazon, Meta, Alphabet and Microsoft together forecast capital expenditures of $650 billion in 2026, for new data centers and gear related to artificial intelligence.

Meanwhile, Anthropic’s new suite of AI tools sparked a different kind of selloff.

Here & Now’s Scott Tong speaks with Mike Regan.

This article was originally published on WBUR.org.

Here & Now Newsroom