Big tech stocks lose billions as AI spending fears hit valuations

Big tech stocks lose billions as AI spending fears hit va... The world's most valuable technology stocks have suffered sharp declines in market value ‌this year after years of outsized gains, ‌as investors question whether heavy spending on AI will generate sufficient ​returns to justify the lofty valuations. Microsoft shares have fallen about 17% year-to-dat... The world's most valuable technology stocks have suffered sharp declines in market value ‌this year after years of outsized gains, ‌as investors question whether heavy spending on AI will generate sufficient ​returns to justify the lofty valuations. Microsoft shares have fallen about 17% year-to-date on concerns over risks to its AI business and growing competition from Google's latest Gemini model ‌and Anthropic's Claude ⁠Cowork AI agent, wiping roughly $613 billion off its market value to about $2.98 trillion as ⁠of Friday. Amazon has shed around 13.85% so far this year, erasing about $343 billion in market value and leaving ​the company ​valued at roughly $2.13 trillion. Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: February 16, 2026 | Source: Yahoo Finance