Good morning.
The Fast Five → ‘Get Me Out’: Traders dump software stocks as AI fears erupt, Trump signs bill to end short-lived shutdown, Walmart hits $1 trillion market value, Disney names new CEO, and gold, silver rally luring back dip buyers…
Calendar: Full Calendar »
Today:
Non-Farm Employment, 8:15A
ISM Services PMI, 10:00A
Tomorrow:
Unemployment Claims, 8:30A
Your 5-minute briefing for Wednesday, Feb 4:
BEFORE THE OPEN
As of market close 2/3/2026.
Pre-Market:
US Investor % Bullish Sentiment:
↓ 44.40% for Week of JAN 29 2026
Previous week: 49.50%
Market Wrap:
Futures flat S&P ~flat, Nasdaq 100 slightly lower, Dow +33
Chipotle -6% and AMD -8% after soft outlooks
Tuesday sold off S&P -0.8%, Nasdaq -1.4%, Dow -167
Nvidia and Microsoft fell over 2% as tech lagged
Tech led declines with AI names sliding
Alphabet reports Wednesday and Amazon Thursday
EARNINGS
Here’s what we’re watching this week:
Today: *AbbVie $ABBV ( ▼ 3.79% ), *Eli Lilly $LLY ( ▲ 10.33% ), *Uber $UBER ( ▼ 5.15% ), *Yum! Brands $YUM ( ▲ 0.52% )
Alphabet $GOOGL ( ▼ 1.96% ) - $2.64 eps (+22.8% YoY) on $111.5B revenue (+15.5% YoY)
THU: *Estee Lauder $EL ( ▲ 2.87% ), *KKR $KKR ( ▲ 1.44% ), *Peloton $PTON ( ▲ 3.32% ), *Roblox $RBLX ( ▼ 3.56% ), Strategy $MSTR ( ▼ 3.13% ), *Tapestry $TPR ( ▲ 2.28% )
Amazon $AMZN ( ▼ 2.36% ) - eps of $1.95 (+4.8% YoY) on $211.2B revenue (+12.5% YoY)
White House Invests $1.6B; here's what's happening —
On December 5th, I predicted the White House would invest in USA Rare Earth (USAR)...
On January 24th, the Government sent shares soaring after announcing a $1.6 billion stake.
-Luke Lango, Sr. Investment Analyst, InvestorPlace
P.S. This is the second time the White House has invested in a stock from my predicted buy list of critical geopolitical companies that I'm calling "The President's Portfolio."
HEADLINES
Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders dumping shares of companies across the industry as fears about the destruction to be wrought by AI pile up.
Walmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, riding on a year-long rally that has seen its shares rise nearly 26%, placing it among the ranks of Big Tech heavyweights such as Nvidia and Alphabet.
Wall Street ends sharply down as traders fret about AI disruption (more)
Trump signs bill to end short-lived shutdown (more)
Netflix leader pushes Warner deal before skeptical lawmakers (more)
Gold rallies with silver as historic rout lures back dip buyers (more)
Gold set for biggest daily gain since 2008, silver also rebounds (more)
Anthropic AI tool sparks selloff from software to broader market (more)
Nvidia nears deal to invest $20B in OpenAI round (more)
PayPal shares plunge after CEO announcement, profit miss (more)
AMD stock slides despite earnings, outlook beats (more)
Chipotle stock sinks after sales drop, dour outlook (more)
Disney names parks boss Josh D’Amaro as new CEO to replace Bob Iger (more)
Musk loses bid to dismiss SEC lawsuit over Twitter stake (more)
Sam Altman: Full AI companies are possible, but businesses aren’t ready (more)
Billionaire activist investor Peltz open to more buyouts (more)
Michael Burry warns of cascading effects from Bitcoin plunge (more)
DEALFLOW
M+A | Investments
Germany buys minority stake in grid operator TenneT for $3.9B
Medical device maker Medtronic to buy CathWorks in up to $585M deal
Shield Technology Partners receives $100M from Thrive Holdings
Good Culture receives $55M investment
VC
Kindred, global home swapping platform, raised $125M in funding
Midi Health, a women’s telehealth company, raised $100M in Series D funding
Ares Interactive, a game developer/publisher, raised $70M in Series A funding
Alaffia Health, an agentic AI for health plan claims operations, raised $55M in Series B financing
RapidFort, a company specializing in software supply chain security, raised $42M in Series A funding
Orion Security, a company specializing in AI-driven contextual data security, raised $32M in Series A funding
Mitra EV, a commercial fleet electrification platform focused on operating cost savings, received $27M in financing
Pasito, an AI workspace for group health life, raised $21M in Series A funding
Kasada, a platform that predicts/prevents online fraud, raised $20M in funding
MaiaEdge, infrastructure for federated private networking, raised $20M in Series A funding
CRYPTO
BULLISH BITES
💰 The AI race is getting monstrously expensive. Can Oracle afford it?
💼 Businesses are hiring storytellers to ‘cut through the AI ‘slop’.
🤖 The autonomous world is arriving. No one is ready.
🏎 In the sands at the Dakar Rally.
DAILY SHARES
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