Wall Street finished the week under pressure from a technology-led selloff, with most Magnificent Seven stocks ending in the red despite solid Q4 earnings.
The Dow Jones Industrial Average bucked the trend on Friday, climbing to 50,000 for the first time, helped by strength in Nvidia, which also lifted chip stocks.
Meanwhile, Bitcoin briefly fell to $60,230 in late Thursday trading before rebounding more than 14% on Friday, though it remains down about 43% from its peak.
For the week, the S&P (SP500) dipped -0.10%, while the tech-heavy Nasdaq Composite (COMP:IND) fell -1.8%, and the blue-chip Dow (DJI) added +2.5%.
Here’s what caught investor attention this week:
Palantir Technologies (PLTR) reported fourth-quarter results and guidance that topped Wall Street’s estimates. For the period ending Dec. 31, Palantir said it earned an adjusted $0.25 per share as revenue rose 69.2% year-over-year to $1.4B. For the full-year 2026, Palantir said it expects revenue to be between $7.182B and $7.198B, above the consensus estimate of $6.28B.
Walmart (WMT) saw its stock push above a market capitalization of $1 trillion for the first time ever this week. This marked the first traditional retailer to hit that milestone, joining a club that includes companies like Tesla, Apple, Nvidia, Microsoft, Alphabet, Amazon, and Meta Platforms.
Stellantis (STLA) fell sharply in early trading on Friday after the automaker issued preliminary results for the second half of 2025, paused its dividend for 2026, and announced an EV strategy reset. The company is overhauling its strategy after concluding it misjudged the speed of the energy transition and moved too quickly toward electric vehicles relative to actual customer demand. A new focus on “freedom of choice” will emphasize a broader mix of EVs, hybrids, and advanced internal combustion engine vehicles to better match customers’ real-world preferences and budgets. As part of this reset, Stellantis (STLA) took approximately €22.2B ($26.2B) of charges in H2/2025.
AMD’s (AMD) fourth-quarter results were well above Wall Street’s forecast, but the stock fell more than 21% in Wednesday’s trading after the report. For the December quarter, AMD earned an adjusted $1.53 per share on revenue of $10.27B, which rose 34% year-over-year. Data center revenue rose 39% Y/Y to $5.4B, aided by its MI300 AI accelerator and its Instinct and EPYC processors. For the current March period, management is calling for sales to be between $9.5B and $10.1B, with the midpoint of $9.8B above the $9.39B consensus.
Disney (DIS) named Josh D’Amaro, who leads the company’s Parks, Experiences and Products division, as Bob Iger’s successor. He has overseen Disney’s theme parks, cruise line, consumer products, and experiential businesses — one of the company’s largest and most profitable segments.
In its Q4 earnings report, Alphabet (GOOG) (GOOGL) forecast that capital expenditures for 2026 would be between roughly $175B and $185B, a significant increase from 2025, as the company ramps up spending on AI data centers and infrastructure.
PayPal Holdings (PYPL) stock tumbled in Tuesday premarket trading after the fintech issued disappointing guidance, delivered weaker-than-expected Q4 earnings and revenue, and replaced its CEO, Alex Chriss. For 2026, the payments technology company expects non-GAAP EPS to decline in the low single digits or be slightly positive, compared with its 2025 non-GAAP EPS of $5.31. By comparison, the average analyst estimate was for $5.73. Separately, the company named HP Inc. veteran Enrique Lores as its president and CEO as of March 1.
Amazon (AMZN) said it would spend $200B in 2026, shocking Wall Street, which had expected spending of around $150B. CEO Andy Jassy said there was “strong demand” for the company’s existing offerings and “seminal opportunities” in areas such as artificial intelligence, semiconductors, robotics, and low earth orbit satellites. While the company tried to ease investor concern by stating it anticipates “strong long-term return on invested capital,” shares fell more than 8% in premarket trading on Friday.
Molina Healthcare (MOH) fell after posting its Q4 financial results that included disappointing 2026 profit guidance. The Medicare and Medicaid-focused managed care company is projecting 2026 adjusted earnings of at least $5.00 per share. Consensus is $13.71. It is also projecting full-year revenue of $44.5B. Consensus is $46.79B. Molina said that earnings for this year are being negatively impacted by $2.50 a share due to the implementation of a new Medicaid contract and poor performance of its Medicare Advantage Part D product.
Novo Nordisk (NVO) on Tuesday reported mixed financials for 2025 and initiated its 2026 outlook. The pharma giant projected its 2026 sales profit to decline 5% Y/Y–13% Y/Y on a forex-adjusted basis in comparison to the nearly 1.4% YoY decline projected by analysts. The company attributed the contraction to the patent expiry of semaglutide in certain markets and pricing pressure created by an agreement with the U.S. in line with the Trump administration’s “Most Favored Nations” pricing policy.
Oracle (ORCL) outlined plans to raise $45B–$50B in 2026 for cloud capacity expansion. Funding will be split between debt and equity, including mandatory convertibles and a new ATM program of up to $20B. While dilution concerns linger, Oracle pointed to strong contracted OCI demand from Nvidia, Meta, AMD, OpenAI, TikTok, and xAI.