AMD, CoreWeave Stocks Drop. Why Microsoft and Google Results Hit the AI Trade.
Published . Updated .
This report is about AI and big tech.
Directly affected
- AMD Advanced Micro Devices+6.2% 30d
Named in this report.
- CRWV CoreWeave-19.9% 30d
Named in this report.
- MSFT Microsoft+6.8% 30d
Named in this report.
- GOOGL Alphabet-6.3% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ+2.3% 19d
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-0.2% 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.
- NVDA Nvidia-1.8% 30d
Nvidia (semiconductors and related devices): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AMZN Amazon.com+1.4% 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-10.2% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AMD | -12.15% | -8.14% | base | -1.19% | after close | after close | after close |
| CRWV | -13.06% | -13.69% | base | -1.74% | after close | after close | after close |
| MSFT | -2.00% | +0.06% | base | -1.33% | after close | after close | after close |
| GOOGLNo price data for this ticker | — | — | — | — | — | — | — |
| QQQ | -2.90% | -1.86% | base | -1.27% | after close | after close | after close |
| AIQNo price data for this ticker | — | — | — | — | — | — | — |
| NVDA | -1.43% | +0.31% | base | -0.52% | after close | after close | after close |
| AMZNNo price data for this ticker | — | — | — | — | — | — | — |
| METANo price data for this ticker | — | — | — | — | — | — | — |
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.
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AMD, CoreWeave Stocks Drop. Why Microsoft and Google Results Hit the AI Trade. Barron's
Source: Barron's
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMD | that day | -1.19% | still updating |
| AMD | three days earlier | -8.14% | final price |
| AMD | five days earlier | -12.15% | final price |
| CRWV | that day | -1.74% | still updating |
| CRWV | three days earlier | -13.69% | final price |
| CRWV | five days earlier | -13.06% | final price |
| MSFT | that day | -1.33% | still updating |
| MSFT | three days earlier | +0.06% | final price |
| MSFT | five days earlier | -2.00% | final price |
| NVDA | that day | -0.52% | still updating |
| NVDA | three days earlier | +0.31% | final price |
| NVDA | five days earlier | -1.43% | final price |
| QQQ | that day | -1.27% | still updating |
| QQQ | three days earlier | -1.86% | final price |
| QQQ | five days earlier | -2.90% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Advanced Micro Devices (AMD), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Advanced Micro Devices (AMD), worth $1,001 - $15,000 on 18 Aug 2026. That is 72 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought CoreWeave (CRWV), worth $1,001 - $15,000 on 28 Aug 2026. That is 62 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 29 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 31 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 45 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 63 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 28 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Nvidia (NVDA) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 36 days before publication. Filed 7 Oct 2026. View the filing.
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).
This story
12 out of 100Price not final
“AMD, CoreWeave Stocks Drop. Why Microsoft and Google Results Hit the AI Trade.” scores 12 out of 100. The score uses 1 sources. The price is not final yet.