NVDA vs AMD Price Split Amid Arista Shift to AMD; Amazon Plunges; Anthropic Eyes Q4 IPO; Fed Rate Outlook Tightens

Feb 14, 2026 — NVIDIA (NVDA-US) and AMD (AMD-US) traded divergently after Arista Networks (ANET-US) CEO indicated some AI workloads are shifting toward AMD silicon. Meanwhile, Amazon (AMZN-US) continued its longest bear run since 2006, with the index down 18% over the selloff and $46.3B in market value erased as capital expenditure concerns persist. In the AI space, Anthropic announced adding Chris Liddell, former vice president of global treasury at Microsoft and former executive at General Motors, to its board, advancing a potential IPO by year-end. Yields on U.S. Treasuries fell following inflation data below expectations, lifting bond prices and pushing the median estimate for 2026 Federal Funds Rate cuts to 63 bps—equivalent to three cuts年内, with a 50% chance of a December rate decision.