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Happy Friday. US listed stocks Stellantis Shares fell more than 25% this morning after the automaker announced it expected to take a $26 billion hit from a review of its business. Chrysler and Dodge’s parent company has already had a rough year, with shares down more than 12% heading into early 2026.
Stock futures are rising this morning as the three major indexes are expected to recover from daily declines.
Here are five important things investors need to know to start their trading day.
1. Cold climate
Bitcoin billboard in Times Square, New York, December 9, 2025.
Michael Nagle | Bloomberg | Getty Images
Yesterday was a tough day for hot asset classes, from stocks to cryptocurrencies. It’s shaping up to be a tough week for some risk-on and speculative trades, as concerns over corporate AI spending and the technology’s potential to disrupt the software industry weigh on broader investor sentiment.
Here’s what you need to know:
2. Add to cart
Online retailer Amazon’s logo and lettering can be seen on the facade of Amazon’s German headquarters.
Sven Hoppe | Picture Alliance | Getty Images
Amazon The stock price fell more than 8% this morning. The e-commerce giant yesterday beat fourth-quarter revenue estimates, but earnings per share were slightly below Wall Street expectations.
Investors appear wary of the company’s plans to make $200 billion in capital spending this year, primarily focused on data centers. Amazon CEO Andy Jassy said he is “confident” in Amazon’s spending plan, which will double its capital spending by the end of 2027.
Concerns about giant tech companies’ AI investments — alphabet and Meta They too have announced big spending plans in recent days, shocking Wall Street. As CNBC’s Kai Nicole Schwartz reports, Big Tech companies wiped more than $1 trillion from their market caps this week.
3. Check price
A sign posted during an event held by U.S. President Donald Trump to announce agreements with Eli Lilly and Novo Nordisk to reduce the price of GLP-1 weight loss drugs in the Oval Office of the White House on November 6, 2025 in Washington, DC, USA.
Jonathan Ernst | Reuters
President Donald Trump officially launched the long-awaited TrumpRx platform last night. As CNBC’s Annika Kim Constantino and Jacob Pramuk report, direct-to-consumer sites are a key pillar of his efforts to lower prescription drug prices in the United States.
President Trump touted the website as a tool that would save millions of Americans money, but it is unclear whether all patients will see lower costs through the website compared to other options. The site itself is not a direct sales platform, but instead directs users to where they can find medicines at discounted prices.
The White House has focused on prescription drug prices, which data shows are on average two to three times more expensive than in other developed countries. But some experts question whether the TrumpRx platform alone can solve the industry’s broader affordability problems.
4. Bob is your uncle.
A Bob’s Discount Furniture sign is displayed on the facade of the New York Stock Exchange (NYSE) during the company’s IPO on February 5, 2026 in New York City, USA.
Brendan McDiarmid | Reuters
shares of bob’s discount furniture Yesterday’s debut on the New York Stock Exchange ended almost flat. The initial public offering price of the stock was $17 per share, valuing the Connecticut-based company at $2.22 billion.
As CNBC’s Melissa Repko points out, the furniture retailer’s move to the public markets comes near the start of what is expected to be another strong year for IPOs. Traditional IPOs raised $33.6 billion in 2025, the best year since 2021.
Other retailers weren’t able to close out the trading day so easily. peloton Shares fell more than 25% after the company reported quarterly profits and weak demand. estee lauder The company fell more than 19% after telling investors it expected tariffs to reduce its full-year profitability by $100 million.
5. Direct confrontation
A general view of the Seattle Seahawks helmet and New England Patriots helmet on display inside Levi’s Stadium before Super Bowl LX on February 4, 2026 in Santa Clara, California.
Don Juan Moore | Getty Images
The Seattle Seahawks and New England Patriots aren’t the only teams facing off this weekend. OpenAI CEO Sam Altman is sparring with competitor Anthropic over its Super Bowl ad campaign.
As CNBC’s Ashley Capoot reports, Anthropic’s ad released this week slams OpenAI’s decision to begin testing ads on ChatGPT. Altman acknowledged that the campaign was “entertaining” but said it was also “deceptive” and “patently dishonest.”
If you’re watching Sunday’s big game, you’ll likely see ads for Trump’s account. The spot, funded by nonprofit advocacy group Invest America, is the latest part of the Trump administration’s efforts to spread awareness about the program.
daily dividend
Here are some of the articles I recommend you reread this weekend.
CNBC’s Sarah Ming, Sean Conlon, Liz Napolitano, Li Ying Xiang, Jordan Novett, Annie Palmer, Soda Bymiya, Annika Kim Constantino, Jacob Plamuk, Melissa Repko, Gabriel Fonrouge, Raya Neelakandan, Ashley Caputo, Jessica Dicker and Kate Doerr contributed to this report. Josephine Rozzelle edited this version.
