U.S. equity markets lost roughly $1 trillion in capitalization as technology stocks extended sharp declines from record highs. The crypto market also slid, shedding about $330 billion in a single day amid intensifying risk aversion.
The crypto market extended its sharp decline as Strategy added more bitcoin despite mounting losses, while forced liquidations accelerated across exchanges. Bitcoin’s drop below $70,000 triggered heavy unrealized losses and dragged crypto-linked stocks sharply lower.
Bitcoin has fallen more than $53,000 over the past 120 days, erasing over $1.1 trillion in market value and sliding deeper into a bear market. The decline stands in stark contrast to U.S. stock indices, which remain close to record highs.
SpaceX has officially announced the acquisition of Elon Musk’s artificial intelligence company xAI, framing the move as a step toward accelerating humanity’s technological future. The deal brings together space infrastructure and AI development under a single corporate umbrella.
The cryptocurrency market has entered a sharp downturn, with bitcoin falling below $75,000 and roughly $700 billion wiped out in two weeks. Selling pressure is spreading across commodities, equities, and digital assets, fueling fears of deeper losses.
The precious metals market suffered an unprecedented selloff as gold and silver lost more than $10 trillion in market value in a single day. Extreme volatility pushed gold below $4,400 per ounce and forced Thailand to temporarily halt gold futures trading.
OpenAI is quietly developing a new social network and considering biometric identity verification to combat bots, according to Forbes. The platform may use Worldcoin’s iris-scanning Orbs or similar technologies to ensure users are real people.
Southwest Airlines reported a sharp improvement in fourth-quarter performance and outlined broad strategic changes aimed at boosting profitability. Management said the initiatives are already translating into stronger financial momentum heading into 2026.
SpaceX is in talks to merge with Elon Musk’s artificial intelligence startup xAI ahead of a planned public offering, according to Reuters. The deal could pave the way for the largest IPO in history and significantly boost Musk’s personal wealth.
Silver has fallen nearly 38% from its recent peak in just two days, triggering warnings from analysts who point to extreme technical signals. Despite the sharp selloff, the metal still closed the month higher, extending a nine-month rally.
Gold experienced its most extreme trading session on record as more than $3 trillion in market value vanished within an hour before a massive rebound. Analysts say volatility exceeded levels seen during the 2008 financial crisis.
Gold has surpassed U.S. government bonds in central bank reserves for the first time in at least two decades, according to analysts. The shift underscores gold’s rising role as the primary defensive asset in the global financial system.
Microsoft shares plunged as much as 12% in a single session after earnings revealed soaring AI infrastructure costs and heavy reliance on OpenAI-linked cloud contracts. The drop marked one of the company’s sharpest declines since 2020.
