Dan Schwartzman

The upgrades are part of Alibaba's race against a number of startups trying to get ahead of China's deep-seek platform.

Markets are closed in the U.S.

for the President's Day holiday, but Wall Street will have its eyes on Amazon when trading resumes on Tuesday, as its stock is riding a nine-day losing streak the longest in nearly two decades, with shares tumbling 18%.

Investors are worried about Amazon's artificial intelligence spending plan this year, as a company wants to invest $200 billion on data centers, chips, and other equipment to support its AI ambitions.

In Europe, the FTSE in London finished up a quarter of a percent.

The CAC in Paris closed a tenth of a percent higher, while the DAX in Germany lost close to a half percent.

Meanwhile, in Asia, the Nikkei in Japan finished down a quarter percent.

The Hang Seng in Hong Kong ended up a half percent, while China's CSI 300 lost one and a quarter percent.

At the Milan Cortina Olympics, Norway continues to lead the medal count, 27 total, while also leading the gold count with 12.

The U.S.

with 17 total medals and 5 gold.

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I'm Dan Schwartzman.

Markets finishing the day mixed with little change as the Dow gained a tenth of a percent.

The Nasdaq lost two tenths of one percent while the S&P 500 finished the day essentially flat.

Meanwhile, Amazon shares posting their longest streak of daily losses in almost 20 years with a four tenths of a percent fall on Friday.

This marks a 9-trade negative session, leading to the stock shedding 18% over the latest stretch, erasing about $463 billion in market valuation.

Investors are worried about Amazon's spending on capital expenditures, including $200 billion this year on data centers, chips, and other equipment.