The Week in Numbers: Massive stock selloffs, SpaceX mega deal

The Week in Numbers: Massive stock selloffs, SpaceX mega... STORY: From a massive tech stock sell off to a SpaceX mega deal...This is the Week in Numbers.:: The Week in Numbers:: 11%11% was the share plunge for Amazon in Thursday's after-hours trade.Investors sold-off after the tech firm projected a surge of more than 50% in capex this year.Amazon plans to p... STORY: From a massive tech stock sell off to a SpaceX mega deal...This is the Week in Numbers.:: The Week in Numbers:: 11%11% was the share plunge for Amazon in Thursday's after-hours trade.Investors sold-off after the tech firm projected a surge of more than 50% in capex this year.Amazon plans to pump $200 billion into its AI efforts.It left some market watchers worried about returns and saw the company join a broader tech selloff.:: 18%18% is the U.S. tariff rate India now faces - way down from a previous 50%.U.S. President Donald Trump said he agreed to the trade deal.He said India would lower its own trade barriers and buy oil from the U.S. and possibly Venezuela instead of Russia.Trump added India would also purchase more than $500 billion worth of U.S. energy, tech, agricultural, and other products.:: $1.25 trillion$1.25 trillion was the value of a merger between Elon Musk's SpaceX and xAI - making it the world's biggest ever M&A deal.It brings the rocket-and-satellite company together with the maker of the Grok chatbot.A source said the transaction valued SpaceX at $1 trillion and xAI at $250 billion.It also comes ahead of a planned IPO this year for Musk's space company:: 20%20% was the fall in Novo Nordisk shares after it delivered a gloomy outlook for the year.The weight-loss giant forecast profits and sales could drop as much as 13% after years of double-digit gains. Novo faces challenges including falling drug costs in the U.S. and copycat brands.This week's projection shocked analysts, who'd only forecast a 2% decline for the Ozempic maker.:: $70,000$70,000 is the key level bitcoin fell through this week.It was its weakest performance since November 2024 when Donald Trump won the U.S. presidential election.He'd signaled his intention to support crypto during his campaign.By Friday, bitcoin had fallen as low as $60,000 before bouncing back. Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: February 6, 2026 | Source: Yahoo Finance