Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. AI trade unwinds The Dow , S & P 500 and Nasdaq fell for a second day as investors continue selling AI plays . Nvidia , Apple and Oracle closed lower, while Alphabet is set to break its 7-week winning streak. Only Microsoft , Meta and Tesla closed in the green among the “Magnificent 7.” Intel on Intel Intel shares spiked on a report the company is seeking an investment from Apple . Intel shares have climbed nearly 33% since the Trump administration took a 10% stake in the company last month. The stock is on pace for its best monthly performance since March 2023. INTC 3M mountain Intel shares over the past three months. Private equity under pressure KKR and Carlyle posted their worst days in four months. KKR shares fell 6%, while Carlyle ended the day down almost 5%. Apollo Global , Blackstone and TPG also closed firmly in the red. Concern about rising default rates is one reason investors are selling the alternative asset managers. Medical device stocks fall on probe The U.S. opened a trade investigation into personal protective equipment, medical equipment and devices. The news could put pressure on Abbott Labs , Intuitive Surgical and other medical device stocks. Abbott Labs shares are up 18% year to date, but were essentially flat in extended trading. Intuitive Surgical shares slipped less than 1% after the bell. The stock has lost about 15% since the year began. Earnings in bulk Costco is reporting its quarterly results Thursday after the bell. Shares are up almost 5% in 2025 — underperforming the S & P 500’s 15.8% gain. As it stands, Costco’s stock is headed for its worst yearly performance since 2022. Fueling gains Energy is the leading S & P sector this week as oil prices hit a 7-week high. Halliburton is powering the sector, on pace for its best week since January. Halliburton shares are up more than 8% week to date, but the stock is down 18% in 2025. HAL YTD mountain Halliburton shares year to date
