Athira Sethu
Kochi, 17 Feb 2026
Microsoft’s stock has seen a huge decline of around 17% in the current year, mainly due to apprehensions regarding the future of its artificial intelligence business and the increasing threat from competing technologies. Microsoft’s artificial intelligence business is under intense pressure from Google’s new Gemini model and Anthropic’s Claude AI agent. Due to all these reasons, Microsoft has lost a massive market value of around $613 billion, and its current market value stands at $2.98 trillion as of Friday.
Amazon’s stock has also seen a decline in 2026, falling by around 13.85% of its value, which translates to a loss of around $343 billion in market value. This has reduced the total market value of Amazon to around $2.13 trillion. Despite the fall in its stock price, Amazon has predicted a huge rise in its capital expenditure, which is expected to increase by over 50% in the current year. This indicates that Amazon is still investing heavily in its future growth, despite the current financial setbacks.
Other big technology firms, such as Nvidia, Apple, and Alphabet, have also experienced a drop in their market value since the start of 2026. Nvidia has lost a market value of approximately $89.67 billion, with its current market value at $4.44 trillion. Apple has lost a market value of $256.44 billion, with its current market value at $3.76 trillion, while Alphabet has lost a market value of $87.96 billion, with its current market value at $3.7 trillion. This is indicative of the overall trend in the market, where investors are now looking beyond the long-term growth potential of AI to more immediate and short-term gains.
Not all firms, however, are experiencing a drop in market value. In fact, some firms have experienced a substantial increase in their market value. TSMC, Samsung Electronics, and Walmart have increased their market value by $293.89 billion, $272.88 billion, and $179.17 billion, respectively. This has caused their market value to rise to $1.58 trillion, $817 billion, and $1.07 trillion, respectively. This trend is indicative of the growing preference for firms that have more stable and predictable earnings, as opposed to those that are more focused on long-term and speculative investments in emerging technologies such as AI.
