reaching a 15-month low of $63,000, and it may get worse. The Trump bump is gone. Strategy (MSTR) plunged to $104 and is thought to have lost $17 billion so far this year. Avoid all crypto for now.

after a massive $26.5 billion EV write-down. Shares of the Franco-Italian group, which owns the old Chrysler,  fell by up to 24% to 6.17 euros in Milan, hovering around their lowest price since May 2020. If the losses hold, the stock will see its biggest one-day drop on record, as Friday's losses wipe off more than 5 billion euros from Stellantis' market capitalization.

after missing its fourth-quarter earnings estimates. The e-commerce giant earned $1.95 per share versus the $1.97 analysts polled by LSEG had forecast. On the other hand, its $213.39 billion revenue beat expectations of $211.33 billion. The (AMZN) story is in the same dilemma as all hyperscalers, namely, the investment community isn’t currently willing to pay a premium to back companies behind the AI build-out.

as the AI build-out drives up parts prices. The iPhone maker (AAPL) predicted strong sales growth last week, spurred by demand for its iPhone 17 models. CEO Tim Cook told investors he expected memory chip prices to increase sharply, but declined to answer analysts' questions about whether Apple would raise prices in response.

Witnessing an easing of demand in the week through February 4 on caution over a selloff in software stocks, although strong earnings from Eli Lilly (LLY) and Super Micro Computer (SMCI) offered some support. Investors bought U.S. equity funds of $5.58 billion during the week, approximately a 48% drop compared with the prior week's $10.82 billion net inflows.