Happy Friday! Michael Burry’s latest cryptic message has the crypto world buzzing and scrambling to interpret his meaning. Is it a warning or a roadmap? Read on to find out.

And despite beating earnings expectations with strong cloud growth, Amazon’s $200 billion surprise has rattled investors, sending shares tumbling and stirring panic on Wall Street. Here’s all the details.

Plus, earnings are still a few weeks away, but Goldman Sachs is already looking ahead to Nvidia’s earnings report later this month. The firm highlights five important things to watch.

Also, if you’re looking for a next-generation commuter airline and air mobility innovator, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Michael Burry’s Bitcoin Mystery: Is It A Warning Or Roadmap?

Burry’s latest cryptic message has the crypto world buzzing and scrambling to interpret his meaning.

On one hand, it looks like a warning; on the other, it could be a subtle roadmap for a major rebound. Read on for the full breakdown to see why everyone is watching, and what it could mean for the next move.

Upgrading Regional Flights With AI, Electrified Aircraft And Surf Air Mobility

Surf Air Mobility Inc. (SRFM), the company looking to revolutionize regional air travel with AI and electrified aircraft, recently invested over $22 million into its Hawaii business to further that effort.

It makes sense. It's a segment of the mobility market in need of attention. Despite the fact that the majority of the U.S. population lives within 30 minutes of a regional airport, the software and infrastructure serving the market are outdated. It's the reason the market is projected to exceed $100 billion by 2035, according to Grand View Research.

SRFM said Hawaii is the perfect place to bring electric aviation to market because flights are short, and the company plans to demonstrate prowess across the entire value chain from software to the planes utilizing it.

Learn all about this innovator here.

This is a paid ad sponsored by Surf Air Mobility Inc. Please see 17b disclosure here for more information.

Yesterday: U.S. indexes fell sharply, led by losses in tech, as risk-off sentiment spreads across asset classes. Software stocks continued to slide, with the Tech-Software sector ETF down 14% in the past week, putting it on pace for its worst week since 2008. Crypto took another big hit with Bitcoin tumbling as much as 16% overnight and briefly falling below 61,000. Silver also plunged, down more than 15% in the session to bring its losses to 40% over the past week. Despite a rough start to February, the stock market has been solid, with the S&P 500 rising 1.4% in January and setting new all-time highs. Historically, a strong January has often been a positive sign for the rest of the year. Since 1970, when the S&P 500 finished January higher, the market went on to post gains for the full year nearly 9 out of 10 times, with average returns of about 16%.

On Our Radar: Analysts will be paying attention to consumer sentiment and consumer credit reports for insight into spending behavior and financial conditions for households. With regards to earnings, all eyes will be on Coca-Cola (KO), and Spotify (SPOT) which will report before the bell on Tuesday.

Shares of Uber (UBER), Arm Holdings (ARM) and Gilead Sciences (GILD), managed to stay positive, while Palantir (PLTR), Strategy (MSTR) and Estee Lauder (EL) got crushed. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Thursday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Price Target: After Alphabet’s Q4 earnings beat, Wall Street analysts are raising their price targets. Which firms are most bullish, and how high could shares go? Click to find out.

Code Red: Renowned investor Michael Burry — who holds a significant position in Molina Healthcare — saw his stake crash after shares of the health care services company plunged 33% after hours. Discover what’s behind the big drop and what investors need to watch next.

Big Moves: Led by Cathie Wood, Ark Invest made significant trades involving Alphabet, AMD, Broadcom and Qualcomm. Read on to see which ones she’s been buying and selling.

Houston, We Don't Have Liftoff: Space stocks are struggling to get off the ground as investors hold back, waiting for the massive SpaceX IPO that could reset the entire sector. Which companies are burning fuel without leaving the pad, and which ones might finally take off? Click to see the full story.

Stocks Of The Day: Palantir keeps tumbling, but a big jump could be around the corner as buyers defend a familiar price zone that’s triggered sharp reversals before. Also, PayPal just suffered one of its biggest selloffs in history, and massive volume suggests capitulation. Read on for all the details.

FORGET NVIDIA: Buy “AI Round Two" Stocks Instead

“Round One” of the AI boom built the backbone: chips, data centers, infrastructure. Round Two? That's where the REAL wealth gets made. We're talking about AI drug discovery. Autonomous cybersecurity.

And we just flagged four stocks at the front of this wave. In fact, one surged 14.5% in 48 hours. The best part? It's still under our buy limit. But the window to get in is closing.

(Past performance is not indicative of future results)

On This Day In 1943…

The New York Stock Exchange allowed women to work on the trading floor for the first time. With many male traders serving in the military, women filled essential roles (traders, clerks, and support staff) to keep the market going. Their presence marked a historic shift on Wall Street, paving the way for greater gender inclusion in finance.

QUOTE OF THE DAY

“When you fight the Fed, you lose“

— David Tepper

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