Geopolitics Alpha

AI investment boom powers US business spending on equipment in September

Published . Updated .

GEOPOLITICS ALPHAAI investment boom powers USbusiness spending on equipment inSeptemberGEOPOLITICS ALPHA

This report is about AI and big tech.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ+0.4% 17d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-1.8% 30d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • MSFT Microsoft+7.1% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet-8.2% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com+0.2% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms-6.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQ+0.72%-1.06%base+1.43%after closeafter closeafter close
AIQ+0.32%-1.33%base+1.19%after closeafter closeafter close
MSFT-0.10%-2.05%base-0.18%after closeafter closeafter close
GOOGL+7.33%+2.33%base+1.20%after closeafter closeafter close
AMZN+5.48%+0.51%base+1.61%after closeafter closeafter close
META+10.07%+2.91%base-1.63%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

AI investment boom powers US business spending on equipment in September Reuters

Source: Reuters

Price since this story was published: Invesco Qqq Trust, Series 1 (QQQ)

CompanyWhenMoveStatus
Global X Fds (AIQ)that day+1.19%final price
Global X Fds (AIQ)three days earlier-1.33%final price
Global X Fds (AIQ)five days earlier+0.32%final price
Amazon Com (AMZN)that day+1.61%final price
Amazon Com (AMZN)three days earlier+0.51%final price
Amazon Com (AMZN)five days earlier+5.48%final price
Alphabet (GOOGL)that day+1.20%final price
Alphabet (GOOGL)three days earlier+2.33%final price
Alphabet (GOOGL)five days earlier+7.33%final price
Meta Platforms (META)that day-1.63%final price
Meta Platforms (META)three days earlier+2.91%final price
Meta Platforms (META)five days earlier+10.07%final price
Microsoft (MSFT)that day-0.18%final price
Microsoft (MSFT)three days earlier-2.05%final price
Microsoft (MSFT)five days earlier-0.10%final price
Invesco Qqq Trust, Series 1 (QQQ)that day+1.43%final price
Invesco Qqq Trust, Series 1 (QQQ)three days earlier-1.06%final price
Invesco Qqq Trust, Series 1 (QQQ)five days earlier+0.72%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Invesco Qqq Trust, Series 1 (QQQ)

Companies mentioned with this story

  • QQQ Invesco Qqq Trust, Series 1

    For “AI investment boom powers US business spending on equipment in September,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

  • AIQ Global X Fds

    In “AI investment boom powers US business spending on equipment in September,” Global X Fds (AIQ) is linked, with no stored direction, medium confidence. Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

  • MSFT Microsoft

    In “AI investment boom powers US business spending on equipment in September,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

  • GOOGL Alphabet

    For “AI investment boom powers US business spending on equipment in September,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

  • AMZN Amazon Com

    In “AI investment boom powers US business spending on equipment in September,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

  • META Meta Platforms

    For “AI investment boom powers US business spending on equipment in September,” Meta Platforms (META) is linked, with no stored direction, medium confidence. Reason on file: Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

Invesco Qqq Trust, Series 1 (QQQ)

Invesco Qqq Trust, Series 1 (QQQ) is the company in “AI investment boom powers US business spending on equipment in September,” the 27 Oct 2026 this story story.

For Invesco Qqq Trust, Series 1 (QQQ), the reason on file says Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

Global X Fds (AIQ) is here too. Its reason reads: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

Price levels for Invesco Qqq Trust, Series 1 (QQQ)

AIQ traded between 61.70 and 67.40 across 19 sessions. The latest close on file is 62.94. MSFT traded between 502.51 and 551.08 across 20 sessions. The latest close on file is 532.62. QQQ traded between 701.18 and 762.84 across 17 sessions. The latest close on file is 712.11.

A simple score for Invesco Qqq Trust, Series 1 (QQQ)

46 out of 100

“AI investment boom powers US business spending on equipment in September” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.