Stock Movers Meta Slips, Berkshire Cuts Amazon Stake, MSG Skyrockets
Feb 18, 2026
Alexandra Seminova, Bloomberg equity reporter covering market-moving stocks and tech trends. She breaks down Meta’s big Nvidia commitment and new CPU plans. She outlines Berkshire’s dramatic Amazon sell-down and New York Times buy. She covers MSG Sports’ plan to split Knicks and Rangers into separate public companies.
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Magnificent 7 Lifted By Meta News
- The Bloomberg 'Magnificent 7' index led gains, with Nvidia benefiting from Meta's announcement and trading up intraday.
- Meta accounts for roughly 9% of Nvidia's revenue, so the deal materially supports Nvidia's growth narrative.
Meta Tightens Nvidia Partnership
- Meta is deepening its AI partnership with Nvidia by committing to deploy millions of Nvidia processors and networking equipment.
- Meta will also adopt Nvidia's Grace CPUs and use current Blackwell and upcoming Vera Rubin designs in its rollout.
Berkshire Rebalances Into New York Times
- Berkshire Hathaway cut its Amazon stake by more than 75% in Q4 while buying 5.1 million shares of The New York Times.
- The Times stake was worth $351.7 million at year-end and marks Warren Buffett's last new bet as CEO.