Today is Friday, February 6, 2026.

The Early Bird Index today is 75.98.

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Amazon $AMZN ( ▼ 5.56% ) plunged 11.20% in after-hours trading on Thursday after the technology giant posted mixed financial earnings results.

Financials: Amazon reported earnings of $1.95 per share in the past quarter, which were lower than expected. Revenue was $213.4 billion, which was better than expected.

Powering the Story: Adding insult to injury was Amazon announcing plans to raise its CapEx spending because of AI.

Quote: “With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026.” - CEO Andy Jassy.

Early Bird’s Nest Egg Gains: Investors framed it as an “unprecedented” or “colossal” AI bet where management hasn’t yet proved the payoff timeline.

Final Thoughts: The day before Amazon released its results, Google parent Alphabet $GOOGL ( ▼ 2.53% ) also raised its CapEx spending because of AI.

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Notable Earnings Today: Roivant Sciences (Nasdaq: ROIV), Centene (NYSE: CNC), Cboe Global Markets (BATS: CBOE), Under Armour (NYSE: UAA), Philip Morris International (NYSE: PM), Biogen (Nasdaq: BIIB), AutoNation (NYSE: AN), nVent Electric (NYSE: NVT), Plains All American (Nasdaq: PAA), Canopy Growth (Nasdaq: CGC), AerCap (NYSE: AER), Immunovant Sciences (Nasdaq: IMVT) MarketAxess (Nasdaq: MKTX) Newell Brands (Nasdaq: NWL), Perella Weinberg Ptrs (Nasdaq: PWP), Piper Sandler (NYSE: PIPR), Protolabs (NYSE: PRLB), RXO, Inc. (NYSE: RXO).

Notable IPOs Today: TGE Value Creative Solutions Corp (NYSE: BEBE), Once Upon a Farm, PBC (NYSE: OFRM), SpyGlass Pharma, Inc. Common Stock (Nasdaq: SGP), SPACSphere Acquisition Corp. Unit (Nasdaq: SSACU), Satellos Bioscience Inc. Common Stock (Nasdaq: MSLE), Iron Horse Acquisitions Corp. II Rights (Nasdaq: IRHOR), AgomAb Therapeutics NV American Depositary Shares (Nasdaq: AGMB), Cambridge Acquisition Corp. Unit (Nasdaq: CAQUU), Ernexa Therapeutics Inc. Warrants (Nasdaq: ERNAW).

Notable Equity Crowdfunding Campaigns Ending Today: Twisted Sports (Republic), Futraheat (Crowdcube).

Notable Economic Events Today: Michigan Consumer Expectations / Sentiment (10:00 a.m. ET), Consumer Credit (3:00 p.m. ET).

Social media stock Reddit $RDDT ( ▼ 7.43% ) jumped 4.58% in after-hours trading on Thursday after posting strong financial earnings results.

Financials: Reddit reported earnings of $1.24 per share in the past quarter and revenue of $726 million. Both were better than expected.

Final Thoughts: On Thursday, the company also announced a $1 billion stock buyback to boost the stock price, something that’s needed since the stock is down 31% in the past 12 months.

Roblox $RBLX ( ▲ 9.66% ) posted strong financial results on Thursday, sending the stock up 7.33% in after-hours trading.

Financials: Roblox reported a loss of 45 cents per share in the past quarter and revenue of $2.22 billion. Both were better than expected.

Final Thoughts: The stock experienced a 19% drop in the past 12 months.

Bitcoin Bloodbath: Bitcoin spirals toward $60,000, heading to worst one-day drawdown since FTX blowup (CoinDesk)

No Relief in Sight: How Low Will Bitcoin and Ethereum Go? (Decrypt)

Strong Results: Cybersecurity Firm Fortinet Earnings, Revenue, Billings Top Estimates (Investor’s Business Daily)

Fewer Jobs: US job openings fall to 6.5M, fewest since 2020, as labor market remains sluggish (ABC News)

Weight Loss Pill Knockoff: Novo’s Launch of Weight-Loss Pill Spoiled by Hims’ Copycat (Bloomberg)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}