Microsoft's Azure cloud division saw a 30% year-over-year revenue increase, fueled by enterprise AI adoption and new partnerships with major tech firms.
Futures rose while tech stocks lagged in premarket trading on February 17, 2026.
Wall Street experienced swings with worries about tech stocks and discouraged customers on February 17, 2026.
S&P futures were up approximately 0.5% early Monday morning, with European markets receiving another bid and gold prices declining by 1% and breaking below $5,000.
Japan narrowly avoided a technical recession with weak Q4 economic data, while policymakers eye increased spending measures.
Middle-class Americans face higher electric bills and food costs due to the data center and AI boom, per Goldman Sachs.
AI displacement concerns rocked stocks again as Wall Street anticipates downward pricing in affected sectors.
SoftBank returned to profitability due to the AI boom, with investments beginning to pay off.
Instagram boss revealed a base pay of $900K per year, up to $20 million with stock.
S&P 500 erased its year's gains amid market volatility.
Pinterest earnings fell short, citing an 'exogenous shock' from tariffs.