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Tech Selloff Deepens, Stellantis Faces Billions in Charges | The Opening Trade 2/6/2026

Bloomberg Markets
Friday, February 6, 2026 at 11:55 AM
~4 min read
Trade

Original Report

Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment. The proposal further ignited AI bubble fears, with the Wall Street...

Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment. The proposal further ignited AI bubble fears, with the Wall Street tech selloff extending into Asia trading hours. The spending planned by Alphabet, Amazon, Meta and Microsoft in pursuit of AI dominance is forecast to reach $650 billion in 2026. Elsewhere, Stellantis fell as much as 14% at the European market open after the carmaker announced it will take roughly €22 billion in charges linked to a sweeping overhaul of its operations as high costs and muted electric-vehicle sales force the automaker to adjust its strategy. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

Corporate decisions reverberate through local communities—a merger might mean headquarters relocating, a restructuring could eliminate jobs, and strategic shifts affect suppliers and service providers in countless towns. Behind quarterly earnings numbers are real employment decisions, investment choices, and community impacts that shape the economic landscape of regions across the country.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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