CNBC Business News Update Market Open: Stocks Higher, Amazon Shares Tank 9%, TrumpRx Is Live 2/6/26
Feb 6, 2026
Markets attempting a midday rebound with major indexes and NVIDIA in focus. A sharp sell-off touches crypto and a startling drop in Amazon shares after a weak quarter. New White House pricing site sparks conversation alongside oil updates, jobs timing, and Olympic coverage notes.
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Sell-Offs Can Be Buying Opportunities
- Markets often rebound after multi-day sell-offs and can present buying opportunities.
- Barbara Duran and guests framed recent tech declines as overreactions, citing past recoveries like NVIDIA.
Bitcoin Has Lost Last Fall's Gains
- Crypto has seen a sharp pullback since last fall's highs, halving Bitcoin's value.
- The election 'Trump bump' in crypto prices has been erased as Bitcoin fell to around $60,000 before rebounding.
Amazon Stock Hits After Profit Miss
- Amazon's stock dropped ~9% after mixed quarterly results and a profit miss despite AWS growth.
- Commentators warned Amazon's free cash flow could be negative in 2026 due to much higher capex for AI spending.