Alphabet’s $185B AI Bet
According to the Financial Times, “Google set to double AI spending to $185bn after strong earnings”, the company said 2026 capex could hit $175–$185 billion to scale datacenters and Gemini models — a major *AI* infrastructure push that rattled markets. [Financial Times](https://www.ft.com/content/22d97d8e-1101-4b1b-8a28-66054dfa363a)
Qualcomm Flags Memory Crunch
According to Investing.com (Reuters), “Qualcomm forecasts quarterly results below estimates as memory shortage dampens sales”, the chipmaker trimmed guidance citing a global *memory* shortage that is curbing handset shipments and sending shares sharply lower. [Investing.com](https://www.investing.com/news/stock-market-news/qualcomm-forecasts-quarterly-results-below-estimates-as-memory-shortage-dampens-sales-4485939)
Tech Selloff Widens; Bitcoin Drops
According to Fortune, “Rout deepens on Wall Street as tech, crypto slide”, a tech-led market rout pushed major indexes down and saw Bitcoin slip below $70,000 as investor concerns over Big Tech AI spending and macro risks intensified, amplifying *crypto* volatility. [Fortune](https://fortune.com/2026/02/05/global-tech-stock-selloff-deepens-silver-plunges/)
Markets — According to The Associated Press, “Drops for tech stocks and bad news on the US job market hit Wall Street as bitcoin plunges”, as the S&P 500 and Nasdaq slid roughly 1–1.3% and Treasury yields fell after a rise in unemployment claims, pressuring tech and crypto-linked stocks. [AP](https://apnews.com/article/stocks-markets-tech-rates-gold-trump-d4ed66429ffa2f50f2feea99b0e583ed)
Jobs — According to the U.S. Bureau of Labor Statistics, “Revised news release dates following lapse in appropriations”, the Employment Situation for January 2026 was rescheduled from Feb. 6 to Feb. 11, 2026 at 8:30 a.m. ET, delaying a key payroll print and shifting the data calendar. [BLS](https://www.bls.gov/bls/2025-lapse-revised-release-dates.htm)
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