AI stocks, Jobs, Dollars, the Epstain and Alan Dershowitz All Flush Down the Drain Together Today

And there is even tawdry little connection between Epstein and Bitcoin back in its early days.

Feb 05, 2026

∙ Paid

If all the crashing sounds from crypto, stocks and the US dollar have you feeling worn out, grab a cup of coffee—and maybe a second cup—because one of our stories today says moderate coffee drinking proves to be one of the best things you can do for your aching heart, your brain, your liver and your colon. So enjoy. Be glad an old guilty pleasure turns out to be your best friend. Many of us always believed humans have drunk it for millennia and enjoyed it, so it couldn’t be as bad as modern guilt mongers in the world of medicine had been claiming. No surprise there. So, just enjoy.

Another thing the experts said in the area of their own expertise that wasn’t any more true than worries about coffee was, as I wrote about yesterday (and we see again today), that AI stocks couldn’t possibly crash because they are the wave of the future. Oh well. Someone wasn’t listening because they took another circle around the toilet and flushed again today.

Google gurgled and plunged and then strangely shot back up in our faces as investors looked at its glowing report but also balked at first at its enormous expenditures on AI then, apparently figured it looked like those are worth the risk. At least, for today’s humungous reversal of $800-billion in mere minutes. Of course, maybe Google just controls the right AI-driven stock-investing algorithms. Who knows in today’s world of endless AI fakery?

On the other hand, Advanced Micro Devises did not fair so well, and AMD is a major maker of AI data centers. If anyone ought to be able to rig their stocks up with a genius AI algo, it ought to be them. Nevertheless, the giant’s stock plunged 17% today, in spite of earnings that soundly beat Wall Street expectations.

The headlong crash came because investors grew weary of waiting for their big profits to be realized, even though the CEO did her level best to persuade investors that sales are fantastic and said the company should be rolling in the dough by the second half of this year. Investors weren’t having it.

That fall puts AMD, as of today, solidly in its own bear market! But they are one of the can’t-fail leaders of the future, and they are doing huge business that is growing! Not good enough! Flush anyway!

“What I would tell you from someone on the inside is AI is accelerating at a pace that I would not have imagined,” [AMD’s CEO] told CNBC’s “Squawk on the Street,” adding that demand continues to outstrip compute needs.
Su said AMD’s data center business has accelerated from the fourth to first quarter and demand for its central processing units is “going gangbusters” as businesses rapidly increase compute for AI enterprise work.

Ah, well! Flush! Looks like the market for AMD got a little ahead of itself. We’ll have to see if Google, following some overnight digestion, gets the same mercy tomorrow that was thrown its way today. AI investors seem to be a little fickle these days.

Humans lose

Plenty of other things in today’s news are going just as you would expect if you read here. 100,000 human beings have been laid off at Amazon, many being replaced by robots. 30,000 laid off by UPS. And, so, while those government jobs reports have been fortuitously (for the government that doesn’t want you to see all this stuff) shutdown again, we have to do as I’ve been saying we will be doing. We have to turn to the reports of private enterprise in order to learn the truth.

For that, today, we have payroll processor ADP. They came out with a deeply recessionary report of a mere 22,000 net new jobs, which was tens of thousands below economists expectations, though no surprise at all here, and more than hundred thousand below the recessionary line of demarcation. This January number was also notably lower than ADP’s report for December, even after December’s was downwardly revised. In fact, ADP made some benchmark revisions that took all of the months it reported in 2025 down by and average of 18,000 jobs per month.

Down, down, down.

(And, if you think all of that was terrible, wait until you see what came to light in Epstein world today and catch an overview of the Bitcoin bloodbath and read about Bitcoin’s connection to the bloody Epstain in its early days. All of that can be found in the section following today’s headlines.)

Economania (national & global economic collapse plus market news)

Don’t know how accurate the following is, which MAY be AI generated, but keep an eye on it: (If this guy is wrong, I’ll probably stop covering him, but it appears he was right a week or so ago about China cornering the silver market.)