What just happened?
The S&P 500 just erased nearly -$2 TRILLION of market cap just hours after 3rd strongest US jobs report in 18 months.
Meanwhile, Bitcoin is officially down over -50% from its record high in October 2025.
What's happening? Let us explain.
(a thread)
I'm not gonna lie, the @Meta layoffs are some of the most dystopian I've ever seen. They got told to work from home, they were sent the emails at 4AM in the morning. Those who weren't impacted have software on their computer that tracks their every move, preparing AI to take their job as well. They're literally training the AI that will eliminate their position as well.
Meanwhile, Meta is raking in RECORD PROFITS.
I am a massive, unapologetic AI enthusiast. Yet, this is NOT the future I had in mind.
I wish for Meta to crash and burn. This is not the way. Literally nobody benefits from this.
More than 400 hospitals across the U.S. are at high risk of closing or cutting services because of the Medicaid cuts in President Trump’s “big, beautiful bill,” according to an analysis from the progressive watchdog group Public Citizen.
BREAKING: President Trump responds to Spain banning the US from using their military bases for strikes on Iran:
President Trump says:
1. The US is now "cutting off all trade with Spain"
2. He has a "right to stop everything that has to do with Spain"
3. He instructed Treasury Secretary Bessent to "cut off all dealings with Spain"
4. The US "can use Spain's bases if we want, just fly in and use it"
5. The US "doesn't want anything to do with Spain"
It seems the US has just entered a trade war with Spain.
Reportedly, Trump will kill Netflix’s bid for Warner Bros. and help Paramount win, giving the president control of Fox, CBS, CNN, and TikTok, per Washington Monthly
Not $NVDA, $AVGO, $AMD, $GOOG, or $MSFT
This is $CSCO (Cisco Systems).
AI-ready datacenters, rising hyperscaler/cloud AI capex, plus strong AI + cybersecurity innovation!
The market slept on it.
Evercore just upgraded to Outperform with a $100 price target last week (Jan 26, 2026).
It's also a key holding in $SCHD. Earnings Feb 11th
It's over.
Hollywood isn't ready for what AI is about to do to production.
Creatives are dropping INSANE videos with Veo, Kling, Hailuo...
10 wild examples:
1. Character swaps at negligible cost (by ederxavier3d on IG using Kling Motion Control)
JUST IN: Oracle's, $ORCL, Larry Ellison called Trump after Netflix, $NFLX, Warner Brothers deal was announced, and said the transaction would hurt competition, per WSJ.
Today, Jared Kushner's private equity firm Affinity Partners announced it is part of Paramount's hostile takeover bid for Warner Bros Discovery, per Reuters
People moving to Dallas need to take this into account when calculating affordability and “cost savings”
Time is money.
Our road infrastructure hasn’t caught up to our rapid growth and the metroplex is vast sprawl that is NOT walking friendly
BREAKING: OpenAI is requesting US government support to help guarantee financing for the massive investments in AI chips and data centers it needs for expansion, per Bloomberg.
Details of the rigged poker games that Damon Jones and Chauncey Billups were involved (from the US Attorney press conference):
+ X-ray machines built into tables to read face-down cards
+ Contact lenses/glasses that read pre-marked cards.
+ Secret cameras in card trays