Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets
#Amazon #Capital Expenditure #Artificial Intelligence #Stellantis #Bitcoin #Federal Reserve #Crude Oil
📌 Key Takeaways
- Amazon plans to spend $200 billion on AI infrastructure in 2026, causing investor anxiety over high costs.
- Stellantis recorded a €22 billion charge, signaling a major retreat from its original electric vehicle targets.
- Bitcoin fell to a 16-month low following concerns over tighter U.S. monetary policy under a new Fed chair nominee.
- Global stock indices are tracking toward significant weekly losses amid tech sector volatility and a surge in U.S. layoffs.
📖 Full Retelling
🐦 Character Reactions (Tweets)
EconWizardAmazon's spending spree is like a kid with a credit card at a candy store. Sure, they'll buy the latest sweets, but good luck paying the bill with 'future AI profits'! 🍭💸
TechSavvySkepticStellantis just hit the brakes on EVs faster than a kid who heard 'dinner's ready!' Guess electric dreams can turn into gas-guzzling nightmares when the math doesn’t add up! 🚗⚡️😴
CryptoComedianBitcoin's crash is like that one friend who gets invited to a party but shows up with a half-eaten pizza. Sorry, but no one wants your old slice when the market's hungry for fresh gains! 🍕📉
MarketMavenIf Amazon and Stellantis were on a reality show, it’d be called ‘Who Can Overspend More?’ Spoiler alert: both will end up broke by the finale, which airs next quarter! 📺💣
💬 Character Dialogue
🏷️ Themes
Financial Markets, Technology, Automotive Industry
📚 Related People & Topics
Stellantis
Multinational automotive car manufacturing corporation
Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 through the merger of the French PSA Group and Fiat Chrysler Automobiles (FCA), which was itself created by the merger of Italy's Fiat and the US-based Chrysler, completed in stages between 2009 and 2014. Stellant...
Bitcoin
Decentralized digital cryptocurrency
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its op...
Artificial intelligence
Intelligence of machines
# Artificial Intelligence (AI) **Artificial Intelligence (AI)** is a specialized field of computer science dedicated to the development and study of computational systems capable of performing tasks typically associated with human intelligence. These tasks include learning, reasoning, problem-solvi...
🔗 Entity Intersection Graph
Connections for Stellantis:
- 🌐 Electric vehicle (2 shared articles)
- 👤 Borsa Italiana (1 shared articles)
- 🏢 European Central Bank (1 shared articles)
- 🏢 Jeep (1 shared articles)
- 🌐 Chrysler (1 shared articles)
- 👤 Dodge Charger (1 shared articles)
- 🌐 Takata (1 shared articles)
- 🏢 National Highway Traffic Safety Administration (1 shared articles)
- 🏢 Automotive industry (1 shared articles)
- 👤 Antonio Filosa (1 shared articles)
- 🌐 Write-off (1 shared articles)
- 🌐 Electrification (1 shared articles)
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Amazon stock slides 9% premarket as 2026 capex guidance blows past expectations Gold, silver prices log shaky gains after bruising week Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets 3 reasons why Bitcoin is falling (South Africa Philippines Nigeria) Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets Author Peter Nurse Economy Published 02/06/2026, 03:40 AM Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets 7 NDX -1.38% US500 -1.23% DJI -1.20% STLAM -21.92% AMZN -4.42% LCO 1.21% CL 1.33% IXIC -1.59% MSTR -17.12% Bitcoin US Dollar -7.17% HarryPotterObamaSonic10Inu (ERC-20) US Dollar -17.29% Investing.com - U.S. stock futures slipped lower Friday as the selloff in tech stocks continues. Online retailer Amazon has outlined a massive surge in capital expenditure spending, while auto giant Stellantis has announced a strategic shift away from electric vehicles. Bitcoin has continued to fall and crude markets await the result of talks between the U.S. and Iran. Subscribe to InvestingPro to more analysis - get up to 50% off today 1. Amazon sees hefty boost in capital spending Amazon (NASDAQ:AMZN) became the latest of tech giants to report its quarterly results after the close on Wall Street Thursday, and joined its peers in announcing a massive increase in spending to build out its artificial-intelligence infrastructure. CEO Andy Jassy stated that Amazon would be pumping $200 billion into boosting its AI efforts in 2026, a surge of more than 50% in capital expenditures this year. This move didn’t resonate well with investors as the company’s share price moved sharply lower in after-hours trading. Amazon’s results are the latest sign that Big Tech will not be hitting the brakes any time soon on hefty AI investments, with the top four hyperscalers - Amazon, Microsoft, Google and Meta - expected to collectively spend more than $630 billion this year. ...