Strategy reported a $12.4 billion net loss for the fourth quarter of 2025, largely due to unrealized losses on its sizable bitcoin holdings under fair value accounting, while the stock dropped 18% in a single session. The company also booked a $17.4 billion operating loss tied to digital asset markdowns, expanded its bitcoin position to 713,502 BTC, and raised $25.3 billion in 2025 to bolster a USD reserve for dividend coverage. Core software revenue inched higher, but product support declined and margins narrowed.

On February 5, 2026, Amazon shares dropped more than 10% in after‑hours trading after the company reported Q4 EPS of $1.95 versus a $1.97 estimate. Revenue reached $213.39 billion, topping a $211.33 billion forecast, as Amazon outlined a $200 billion capital expenditure program for 2026, above analyst expectations around $146.6 billion.

On February 5, 2026, Wall Street desks pivoted to downside scenarios as Bitcoin fell to $63,500 per TradingView, sliding from $70,000 earlier the same day and nearly 40% below its near‑$126,000 peak. Signals and cycle studies from 22V Research, Tallbacken Capital and Galaxy Digital highlighted potential levels near $60,000, $58,000, $45,000 and $35,200, alongside almost $4 billion in ETF outflows over three months.

On February 5, 2026, LSEG shares climbed 7.4% after dropping 19% over the previous two sessions, as JPMorgan and Goldman Sachs argued that market fears over AI eroding its business were exaggerated. Analysts at both banks highlighted LSEG's data partnership with Anthropic and estimated that only a small portion of its workflow-related revenue faces AI disruption, while one Goldman analyst set a 14,550 pence price target with about 90% upside.

On February 5, 2026, coverage highlighted Kevin Warsh’s view that an AI-fueled productivity surge could let the Fed lower rates over time without reigniting inflation. Trump allies back aggressive easing toward a 1% policy rate from the current 3.5–3.75% range, while several economists caution that AI’s benefits may lag demand, risking inflation.

Alphabet shares fell 5% on Thursday morning after the company projected 2026 capital expenditures of $175 billion to $185 billion, more than twice its planned 2025 spending. The market reaction followed Q4 results that beat expectations, with earnings per share of $2.82 on $113.83 billion in revenue, but YouTube advertising revenue came in at $11.38 billion and grew just 9% year over year, missing estimates and unsettling investors.

Chinese trader Bian Ximing reportedly earned nearly $3 billion from long gold positions on the Shanghai Futures Exchange before turning bearish on silver. By January 30, his Zhongcai Futures unit had built a 30,000‑contract silver short, equivalent to about 450 tons, as prices peaked and later fell over 16%, generating substantial profits despite earlier losses.

Sony reported ¥515 billion in operating profit for the December quarter, topping analyst estimates of ¥468.9 billion and rising 22% from a year earlier. Revenue reached ¥3.71 trillion ($23.68 billion) versus a ¥3.69 trillion forecast, and the company lifted full-year guidance to ¥1.54 trillion in operating profit and ¥12.3 trillion in sales while keeping a ¥50 billion U.S. tariff loss estimate unchanged.

Arm’s share price fell 7.48% in Wednesday after-hours trading and was down 10% by Thursday morning, as investors reacted to a shortfall in licensing revenue and cautious guidance. The company reported record quarterly revenue of $1.242 billion and $737 million in royalties, but licensing came in at $505 million versus the $519.9 million analysts expected, while margins, cash flow and bookings weakened. Additional pressure came from Qualcomm’s warning on memory shortages and smartphone production, reinforcing concerns about Arm’s heavy reliance on mobile-related royalties even as it pushes into AI and data center chips.