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-0.00231035810550644 -0.00192529842125532 -0.00654601463226807 -0.00731613400077017 0.0142549095109742 0.0173276857912976 0.0231035810550635 0.0773969965344628
Stock impact report

Bitcoin falls back to $74,000, remaining on defense as AI jitters shake tech sector [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
The Nasdaq 100 was 1% lower following the previous day's 1.5% decline. The software sector continued its tumble, with the thematic iShares Expanded Tech-Software ETF (IGV) declining another 4%, now down 17% in a little over a week, amid fears that AI will be severely disruptive. Crypto miners, increasingly tied to the buildout of AI infrastructure, mirrored the slide, with Cipher Mining (CIFR), IREN, and Hut 8 (HUT) falling by more than 10%. The declines stemmed from chipmaker AMD, which fell 14% after its 2026 outlook missed analysts' expectations. Gold was also caught in the selling, with the yellow metal quickly reversing an overnight surge to $5,113 per ounce and sliding back below $5,000. The ISM Services PMI for January held steady at 53.8, matching December's revised reading and beating expectations by a hair, pointing to continued expansion in the services sector. However, private job growth slowed sharply, with just 22,000 jobs added according to an ADP report, well Show less Read more
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