Big Tech companies have seen over $1 trillion wiped from their stocks, according to FactSet data. Fears over AI spending sparked the sell-off.
Source: https://www.cnbc.com/2026/02/06/ai-sell-off-stocks-amazon-or…
UCB, CX, TCBI, LC and KC have been added to the Zacks Rank #1 (Strong Buy) List on February 3, 2026.
Shares of stocks with significant private credit market exposure were diving on fears about exposure to the industries being disrupted by artificial intelligence, including software.
The FOMC held the line on the federal funds rate this week, the first pause after three straight reductions. The Fed is not expected to lower rates again until June, at least according to one survey.
