Stock market today: Dow, S&P 500, Nasdaq futures rise after tech rout as Wall Street rethinks AI risks

Market Overview - US stock futures showed a cautious rebound after a week of losses, with S&P 500 futures rising 0.4% and Nasdaq 100 futures increasing by approximately 0.6% [1] - Despite the rebound, both the S&P 500 and Nasdaq Composite are set for weekly losses, having entered negative territory for 2026 [2] Cryptocurrency Market - Bitcoin climbed back above $65,000 after hitting a 16-month low, although it is on track for its worst weekly performance since 2022 [3] - Strategy (MSTR), significantly impacted by the crypto downturn, reported a quarterly loss but saw its stock rise over 6% as bitcoin prices recovered and the CEO downplayed debt concerns [4] Technology Sector - Amazon (AMZN) shares fell 8% following its earnings report, which included plans for a substantial increase in spending to at least $200 billion by 2026, despite a forecast for lower operating income [5] - Concerns about the impact of new AI tools on legacy tech were dismissed by Big Tech CEOs and analysts, contributing to a tentative risk-on sentiment in the market [2] Automotive Industry - Stellantis (STLA) announced a charge of over €22 billion ($26 billion) to scale back its electric vehicle (EV) initiatives, leading to a more than 20% drop in its shares [6] - The automotive sector is facing challenges, highlighted by a $60 billion loss for Chinese carmaker BYD this week, indicating broader issues in the EV market [6] Labor Market - The release of the January jobs report has been postponed to the following Wednesday, amid emerging signs of labor market troubles, including a drop in job openings to the lowest level since 2020 and a surge in layoff announcements [7]