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2026.02.13 03:39

🔥 Friday Market Flash: CPI Day Arrives as Amazon Joins the Bear Club | Feb 13, 2026

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All eyes are on tonight’s US inflation print, but the pre-game action is already serving up clear winners and losers. Here’s your essential Friday briefing:

📊 MACRO FOCUS: CPI – The Final Hurdle Before the Fed?

US CPI data drops Friday morning (ET) – that’s tonight, 9:30pm SGT. Markets are on edge. A hot number could crush lingering rate‑cut hopes; a cool print might spark a relief rally. Buckle up.

📉 BEAR MARKET EXPANDS: Amazon Joins Microsoft

$Amazon(AMZN.US) has officially entered bear territory, falling >20% from its recent high. It’s now the second “Magnificent 7” stock to do so, after $Microsoft(MSFT.US). The message? Even mega‑cap leaders aren’t immune to valuation reset and spending fatigue.

💾 STORAGE STOCKS KEEP RUNNING

$Micron Tech(MU.US), $Western Digital(WDC.US), $Sandisk(SNDK.US) extended their overnight rallies. Volume is strong, momentum is real. But with such steep gains, watch for volatility expansion or a potential retracement. The AI‑storage narrative still has legs – but is the price already ahead of itself?

📉 SOFTWARE STOCKS STILL UNDER WATER

$Oracle(ORCL.US), $Palantir Tech(PLTR.US), $AppLovin(APP.US) remain under heavy pressure. Sentiment is fragile, and overnight action shows no clear reversal yet. The rotation out of high‑multiple software names continues.

🪙 PRECIOUS METALS BOUNCE BACK

Gold +1%, Silver +2.1% – a firm rebound after recent selling. With CPI looming and real yields choppy, metals are back on traders’ radars as a hedge.

🤖 AI TENSIONS GO PUBLIC

Bloomberg reports OpenAI has accused DeepSeek of “distilling” US AI models to gain a competitive edge. This isn’t just a PR war – it could signal regulatory scrutiny, export control implications, and a new front in the US‑China tech rivalry.

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