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Salesforce Q4 Earnings Looms: Options Traders Bet on Roughly a 9.6% Move
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Crypto Prices Slide as AI Anxiety Spooks Markets
Bitcoin, Ethereum and XRP fell as an AI scare weighed on markets, with Bitcoin slipping below $65,000 after a Citrini Research note warned AI could push U.S. unemployment into double digits by mid-2028, underscoring how crypto prices remain sensitive to broader equity moves.
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Europe's Tech Stocks Brace for Nvidia Earnings Signal
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Asia ascends on AI optimism ahead of Nvidia results
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AMD Sparks Nasdaq Rally as Tech Rebound Gains Momentum
U.S. stocks rebounded from Monday’s AI- and tariff-related pressure, with the Nasdaq up about 1%, the S&P 500 around 0.6%, and the Dow about 0.8%, as AMD led a tech rally after expanding its AI‑chip deal with Meta; Nvidia earnings loom and software names rose on AI partnerships amid ongoing trade uncertainty.
Tech Rally Triggers Market Rebound as AI Fears Ease
U.S. stocks rose with the Dow about 400 points higher and the S&P 500 up roughly 0.5% and the Nasdaq up about 0.7%, led by IBM and Salesforce in the Dow as AI fears ease. The S&P’s AMD gained traction after a Meta deal to buy GPUs for AI, while semiconductor and software ETFs jumped; but laggards like American Express and JPMorgan kept some risk in check, signaling cautious optimism after the AI-driven selloff.
Bitcoin ETFs drain billions as traders watch for a crypto rebound
Spot bitcoin ETFs have pulled about $4.3 billion in outflows over the past five weeks, with US-listed funds like IBIT and GBTC showing roughly $2.6 billion of outflows in 2026, signaling waning institutional demand even as bitcoin remains in a bear market. The cryptocurrency has traded in a tight $60,000–$70,000 range, with near-term risk centered around $60k support and a potential rally above $72k–$75k. Macro headwinds—higher interest rates, a stronger dollar, and tariff uncertainty—keep pressure on risk assets. Analysts say a sustained rebound would likely require renewed institutional and real-economy adoption of bitcoin as a store of value, rather than a single data point trend.
AI Fears Hit Markets as Dow Suffers Sharp Selloff ahead of Key Earnings
U.S. stock futures were barely higher after a rough session that saw the Dow drop about 822 points (-1.7%), Nasdaq -1.1%, and the S&P around -1% amid renewed fears of AI disruptions and geopolitical tensions. Investors await Anthropic’s AI event, consumer confidence data, and earnings from Nvidia, Salesforce, and Snowflake, while after-hours movers included Keysight Technologies surging on a strong quarter, Diamondback Energy slipping on weak results, and Vir Biotechnology rallying on positive Phase 1 data. A tech-led rotation remains a key question as traders fret over a prolonged range until tech leadership returns.
Trump Tariff Leap Sends Bitcoin Sliding Toward $64K
Bitcoin slipped about 4% to roughly $64,443 as Trump announced a 15% global tariff under a 1974 Trade Act provision, injecting policy uncertainty. Since the start of 2026, bitcoin has fallen about 25%, gold futures rose around 2.9%, and crypto-related stocks like Robinhood and Strategy also declined on the tariff news, which Deutsche Bank framed as a temporary measure with potential legal challenges.
AI fears trigger roughly $223B software-stock market-cap loss
AI-driven disruption fears spurred a broad software-stock selloff, with the iShares Tech-Software ETF (IGV) sliding about 4.8% and wiping roughly $223 billion in market value from its components in a single session. Big names like IBM, DDOG, and CRWD were hit, while analyst commentary pointed to Citrini Research’s AI productivity scenario and Anthropic’s Claude updates as factors fueling caution. Investors remain cautious and want clearer AI headlines before stepping back into software stocks, amid warnings the move could be overdone.
Bitcoin Dives Below $65k as Whale-Driven Selloff Sparks Volatility
Bitcoin slid more than 5% to around $64,500, dipping below $65,000 as a rapid two‑hour selloff hit thin liquidity and pushed the price to six straight weekly closes under the 100‑week moving average; on‑chain data shows whales moving coins to exchanges while some investors sold at a loss. Meanwhile, institutions continued accumulating BTC through regulated ETF exposure (IBIT) and notable buyers like Mubadala and Al Warda expanded holdings, underscoring ongoing volatility and divergent supply/demand dynamics.
AI Doom Scenario Sends Payments and Software Stocks Lower
A Citrini Research thought-experiment describes a hypothetical 2025–2028 scenario in which rapid AI advances trigger widespread white-collar displacement and economic disruption, prompting a sell-off in payments and software stocks (e.g., DoorDash, Uber, Salesforce, MongoDB, AppLovin, ServiceNow) and a slippage in related ETFs like IGV; the piece emphasizes it’s a scenario, not a forecast, but it underscores investor anxiety about AI’s second‑order effects on the economy.
AI Bear Case: A Hypothetical Path to a 40% S&P Selloff
MarketWatch summarizes a Citrini Research scenario in which widespread AI adoption disrupts demand and boosts automation, triggering white‑collar job losses and weaker consumer spending. The model envisions a non‑cyclical downturn that could push the S&P 500 down roughly 38–40% from 2026 highs by 2027–28, with ripple effects across bonds, private credit, and housing. The authors stress it’s a scenario‑based exercise, not a forecast.
Markets brace for Monday open as tariffs ruling, storms and AI bets collide
Five things to know before the bell: a Supreme Court ruling blocks the Trump tariff regime but he responds with a 15% global levy; a Northeast blizzard snags flights and affects travel plans; Trump calls for Netflix to fire Susan Rice amid a DOJ review of Warner Bros. Discovery; OpenAI trims its long‑term compute spend forecast to about $600B while still targeting over $280B in 2030 revenue; Hasbro leads the toy sector with Wizards of the Coast growth as Mattel lags, despite American Girl’s milestone.