Feb 07, 2026
3 min read
Technology companies tested investors again this week. Halfway through the earnings season, the largest companies in the sector announced investments...
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Experts warn that the current decline is just a "stock market crash" and that the upward trend of these companies will continue in the long term.
Tech companies put investors to the test again this week in the middle of earnings season, with the industry's biggest companies announcing tiered investments in AI development.Investors worried about the real benefits of the strong cap, which turned into a sharp decline in the sector for the week.Experts maintain that this is just a "stock market crash" and that the growth trend of these companies has continued for a long time.
Yesterday, Amazon added even more tension to the market with its results.Although the company more than met its revenue forecast, it announced an investment amount much higher than expected by experts.Amazon will invest $200 billion ($169.6 billion) in artificial intelligence this year, up from an expected $146 billion.An amount that could threaten your cash flow.“Capital expenditures are excessive and do not correspond to an equivalent increase in revenues,” explains XTB.They add that when investments grow faster than sales, "the ratio increases and is interpreted as greater investment risk; profits have not yet materialized and efficiency is under pressure in the short term."
Tech giant Wall Street futures fell more than 8% and posted double-digit losses yesterday on the news.If it finally opens at these levels, it will be the biggest drop since August 2025. Since Monday, the company has not stopped falling and has lost more than 8% in five days.
Microsoft, Nvidia and Tesla have lost more than 7% since Monday.Meta shares fell more than 6% and managed to contain losses of 3% for the weekOnly Apple saved with a positive balance and rose nearly 6% in five days
Amazon then joins Microsoft, Alphabet and Meta, which have shown very ambitious investment plans.These four technology companies alone will invest $650 billion (551.3 billion euros) in artificial intelligence this year;This is 60% more than last year.According to the company, it will be one of the things that makes investors nervous.
In addition to all this, Anthropic's new tool can automate some tasks and promote large sales of digital companies.
As a result, the Nasdaq recorded a decline of more than 4% for the week and the S&P 500 lost more than 2%.With these corrections, both indices have entered negative territory for the year.The tech index loses about 3% and the S&P loses about 0.7% in 2026.
However, experts are optimistic. "Let's not be fooled: we are facing a market downturn. When the changes in the current market are overcome, there will be many victories such as barriers on the semiconductor side and on the software side," said Edmond de Rothschild AM.DeepSeek, after a month they started to recover," Bank of America recalled.
UBS adds that "we believe that the structural changes in AI are fueling global benefits and we expect the opportunities associated with these themes to provide solid and sustainable structural growth that far outweighs short-term market volatility."
Except for Nvidia, six of the seven advantages have been received in the market.And the truth is everything.Apple and Google have not done so badly and, barring some corrections, their high history is practically around the corner.
Throughout the week, the meta has returned everything that has increased since its results (+10%) and we are currently in a no-man's zone.away from key support and resistance.Tesla has lost the base of the bullish channel (support) through which the price has been moving since June but is already trading very close to the support area of the November low ($384).
Nvidia is stuck in an unpredictable phase, slowly going downhill.In the $150-155 zone, this represents an extremely interesting support to enter the pool.Microsoft is suffering the most from the failure in the software sector, and Amazon is enjoying strong support around $210.If that doesn't last, there's nothing suitable until close to $193.
