Annie Palmer / CNBC:
Amazon shares close up 1.2%, snapping a nine-day slide that wiped out $450B+ in market valuation over concerns about Amazon's plan to spend $200B in 2026 capex  —  Amazon shares closed up more than 1% on Tuesday, snapping a nine-day slide that shaved billions off of its market cap.

Meta has struck a multiyear deal to expand its data centers with millions of Nvidia's Grace and Vera CPUs and Blackwell and Rubin GPUs. While Meta has long been using Nvidia's hardware for its AI products, this deal "represents the first large-scale Nvidia Grace-only deployment," which Nvidia says will deliver "significant performance-per-watt improvements in [Meta's] […]

Hartley Charlton, MacRumors:

Apple invited select members of the media to the event in three major cities around the world. It is simply described as a “special Apple Experience,” and there is no further information about what it may entail. The invitation features a 3D Apple logo design composed of yellow, green, and blue discs.

It is notable that Apple is specifically using the word “experience,” rather than “event.” Unlike a full live-streamed event from Apple Park, the March 4 event in other cities is likely to be smaller in scale.

Among the products expected soon — either by annual schedule predictability, or via the rumor mill — are the iPhone 17e, an updated iPad Air (going from the M3 to M4), an updated base-model iPad (going from A16 to A18), updated MacBook Pros with the M5 Pro and Max, updated MacBook Airs (going from M4 to M5 — the M4 models were released in early March last year), and, per Gurman, the long-rumored new lower-cost MacBook with an A18 chip (a “MacBook e”, if you will, although I certainly don’t think that will be the name — my guess is Apple will just call it “MacBook” without an adjective).

What strikes me is that March 4 — the “experience” day — is a Wednesday. So my spitball guess is that they announce all these products via Newsroom press releases, day-by-day. Like, say, the iPhone 17e on Monday, new iPad(s) on Tuesday, and new MacBooks on Wednesday. And then the “experience” will be a hands-on thing with in-person demos. Spread the announcements out across a few days, but then have in-person events for members of the media to get a hands-on experience with all of them, station-by-station, without needing to produce an Apple Event keynote film.

Ian King / Bloomberg:
Filing: Nvidia unloaded 1.1M Arm shares, worth about $140M based on Arm's closing price on Tuesday, sometime in Q4, bringing Nvidia's stake to zero  —  Nvidia Corp. sold off the last of its stake in Arm Holdings Plc, a chip technology company that it tried and failed to acquire five years ago.

Lauren Rosenthal / Bloomberg:
Google signs a power purchase agreement with Ormat to supply up to 150 MW of geothermal energy to its Nevada data centers through NV Energy starting in 2028  —  Alphabet Inc.'s Google plans to draw on geothermal power from renewable energy company Ormat Technologies to help fuel its fleet of data centers in Nevada.