Market sentiment soured Friday as tech stocks continued their slide. Amazon announced a massive increase in capital expenditure plans, with CEO Andy Jassy stating a $200 billion investment in AI infrastructure for 2026. This caused the company's share price to drop. U.S. stock futures followed suit, signaling a week of losses for major indexes.

Stellantis revealed a €22 billion ($26.5 billion) charge related to reevaluating its electric vehicle development strategies, resulting in a predicted loss for the second half of 2025. The automaker cited changes in its product roadmap, reflecting lowered projections for EV sales. This strategic shift comes amid high costs and slow EV sales growth, impacting investor confidence.

Bitcoin continued its downward trajectory, poised for a substantial weekly loss. The cryptocurrency fell over 9%, trading around $64,730.00. The digital asset has been pressured by a broader move away from risky assets and is down over 20% for the week. Oil prices, meanwhile, were heading for their first weekly drop in nearly two months.

Investors are closely watching the outcome of U.S.-Iran talks, hoping for de-escalation in the Middle East. However, disagreements persist, particularly regarding discussions about Iran’s missile arsenal. The combination of these factors creates volatility and uncertainty within the markets. What happens next depends on the resolution of these events.