Tech Stocks Rebound Amid AI Investment Concerns; Bitcoin Recovers

U.S. stock markets experienced a rebound on February 6, 2026, with technology stocks recovering from recent declines. The S&P 500 rose 1.2%, the Dow Jones Industrial Average gained 1.7%, and the Nasdaq Composite increased by 1%. Chipmakers, including Nvidia and Broadcom, led the gains amid optimism over corporate spending on artificial intelligence technologies, despite concerns about whether such investments will yield future profits.

Amazon's announcement of a $200 billion investment in artificial intelligence infrastructure led to an 8.3% drop in its stock price. The substantial capital expenditure raised investor concerns about the immediate returns from such significant spending.

Bitcoin rebounded above $68,000 after a significant drop, lifting cryptocurrency-related stocks. Robinhood surged 13.5%, Coinbase 9.5%, and Strategy (a bitcoin-holding firm) 19%. Precious metals stabilized after recent volatility, with gold rising 1.6%.

Smaller U.S. companies also rallied, aided by improved consumer sentiment, particularly among stockholders. Airline shares saw strong gains on expectations of increased consumer spending. The Russell 2000 index outpaced the broader market with a 2.6% jump.

In global markets, European stocks rose despite Stellantis plunging 26% due to a $26 billion charge and a reassessment of its electric vehicle strategy. Japan's Nikkei 225 increased 0.8%, supported by Toyota's leadership changes. U.S. Treasury yields remained steady, with rate cuts on pause despite political pressure.