Market Talk - Thursday, Feb. 5
The oil markets had a negative day today.
Amazon Plunges After Forecasting 50% Surge In Capex To $200BN
The 24% YoY increase in AWS revenue not only smashed estimates, but was the highest in three years: remarkable growth for a business that keeps growing and has a more difficult base effect to "beat" every quarter.
As The Rich Start To Struggle, Will They Pull Down The Economy?
The rich have been spending so amply that they've kept the averages for retail spending -- which drives the majority of our GDP -- in "healthy" territory.
S&P 500 Marks 3rd-Straight Loss, Turns Negative For 2026
The Dow lost nearly 600 points on Thursday, while the Nasdaq suffered a triple-digit drop as well, marking its third-straight loss alongside the S&P 500 as investors continued to rotate out of tech.
Initial Unemployment Claims Surge, Rattling Stocks, Helping Bonds
Initial claims unexpectedly spiked to 231,000.
Crude Oil Slips As US-Iran Talk Tensions Ease, WTI Tests $63
Crude OIl markets are easing into the low side on Thursday.
Russell 2000 Earnings Dashboard 25Q4 - Thursday, Feb. 5
The 25Q4 Y/Y blended earnings growth estimate is 69.9%. If the energy sector is excluded, the growth rate for the index is 79.8%.
Average Software Stock Now Down Since Tariff Tantrum Lows
While software is in the red since Trump's tariff turmoil, the two groups where stocks are up the most are in the hardware space.