HEY, BIG SPENDER: Amazon stock falls 10% on $200 billion spending forecast, earnings miss.

Amazon said it expects capital expenditures to continue to climb higher this year as it aggressively invests in data centers and other infrastructure to meet a surge in artificial intelligence demand.

The company projected capex to hit $200 billion this year, while analysts were expecting $146.6 billion, according to FactSet.

“With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital,” CEO Andy Jassy said in a statement.

During a conference call with investors, Jassy said that spending would “predominantly” go to AWS.

“We have very high demand,” Jassy said. “Customers really want AWS for core and AI workloads, and we’re monetizing capacity as fast as we can install it.”

Earnings misses happen, but that is one yuge capex for 2026.

WHATEVER THAT IS, IT ISN’T PEACEABLY ASSEMBLING:

🚨#BREAKING: Tennessee Highway Patrol has just released dashcam footage after a TN legislator claimed a person was "run over" by a state trooper during an anti-ICE protest.

However, the footage shows 3 people jumping in front of a police car and 1 person flopping onto the hood… pic.twitter.com/kCMGImlENd

— Matt Van Swol (@mattvanswol) February 5, 2026

CAST ASIDE BY THE NEW ORDER: DC Democrats Turn Their Backs on the Clintons: ‘They Bring Nothing But Baggage.’

KRUISER’S MORNING BRIEFING: An Entertaining Treasury Secretary Is the Trump 47 Bonus Prize. “I was so caught up in enjoying the work that all of the above mentioned people were doing that I hadn’t yet gotten around to appreciating the way that Secretary of the Treasury Scott Bessent was handling the hostiles. Hey, I can only pay attention to so many people at once, but I’m noticing now.”

WHOSE KIDS ARE THEY, ANYWAY?

Cascade Middle School in Washington took kids to an anti-ICE protest during school WITHOUT INFORMING PARENTS

This one furious dad went to get his son and now his son was told to stay home because he was receiving threats

Emily Feldtmose is the principal. She can be reached… pic.twitter.com/fpDMo5BANo

— Libs of TikTok (@libsoftiktok) February 5, 2026

REAGAN REMEMBERED: Today would be Ronald Reagan’s 115th birthday were he still among us. Rod Martin republishes the superb obituary he wrote following Reagan’s death in 2004. Writing fitting obits about significant figures is a hugely difficult challenge, but Martin’s is one of the finest I’ve ever read on this great and humble man.

EXODUS EXPLORED, PART 4: This series from the John 10:10 Project exploring the historical and archeological evidence of the accuracy of the Biblical account of the Israelites’ escape from Egypt to the Wilderness and finally to the Promised Land just keeps getting more fascinating. Today’s installment on HillFaith examines the location of Mt. Sinai, one of the most crucial facts in the whole odyssey because if the Bible got that fact wrong, well ….

TONIGHT WE’RE GONNA PARTY LIKE IT’S 1899: Murder rate hits lowest since 1900, Leavitt says Trump crackdown made it happen. “Leavitt goes on to list some of the Trump administration’s most prominent crime statistics such as the FBI increasing its violent crime arrests by 100% in 2025 compared to the year prior and also conducting more than 67,000 arrests since Trump’s inauguration. Compared to the same time period of the year prior, under the Biden administration, this marks a 197% increase in overall arrests, the administration said.”

Deporting criminal illegals helped, too.

EFFECTIVELY ENDORSING THEIR OWN LAYOFFS:

They are let go from one job and revert back to campus activist default setting. This sense of inflated entitlement should be studied and observed like chimps in the wild. https://t.co/6yxNCpjDxM

— Stephen L. Miller (@redsteeze) February 6, 2026

A MEASURE OF GOOD SENSE: Tennessee Appeals Court Rejects Argument That Covenant Shooter Manifesto Must Remain Concealed to Avoid Copycats.

We all know that’s not why they’ve had it under wraps.

CRINGE: Kamala Harris Teaches the Young Hep-Cats About This Whole Internet Thing.

IT WOULD TAKE A HEART OF STONE NOT TO LAUGH: Mamdani Voter Ezra Klein Tries, Fails To Achieve Solidarity With Student Activists Who Called Him a ‘Zionist Pig.’

“JOURNALISM”:

Investigation into ICE protesters storming the Minnesota Church reveals Don Lemon didn’t just happen to be there

Don Lemon was part of the planning and was provided logistics days in advance

Storming the church was a highly organized event by Democrats

“Developing — a new… pic.twitter.com/h5H8vU4DvM

— Wall Street Apes (@WallStreetApes) February 6, 2026

Seriously, no matter how much you despise these guys…

STAY SAFE:

The United States has urged its citizens in Iran to leave the country immediately. In the advisory, immediate departure is listed as the top recommended action. The notice also warns that airlines continue to cancel flights to and from Iran. #Iran pic.twitter.com/1DctRkmnt9

— NOELREPORTS 🇪🇺 🇺🇦 (@NOELreports) February 6, 2026

DEAL OF THE DAY: Beats Solo 4 – Wireless On-Ear Bluetooth Headphones. #CommissionEarned

“FINALLY,” INDEED: NASA finally acknowledges the elephant in the room with the SLS rocket.

The reality, which Isaacman knows full well, and which almost everyone else in the industry recognizes, is that the SLS rocket is dead hardware walking. The Trump administration would like to fly the rocket just two more times, culminating in the Artemis III human landing on the Moon. Congress has passed legislation mandating a fourth and fifth launch of the SLS vehicle.

However, one gets the sense that this battle is not yet fully formed, and the outcome will depend on hiccups like Monday’s aborted test; the ongoing performance of the rocket in flight; and how quickly SpaceX’s Starship and Blue Origin’s New Glenn vehicle make advancements toward reliability. Both of these private rockets are moving at light speed relative to NASA’s Slow Launch System.

During the news conference, I asked about this low flight rate and the challenge of managing a complex rocket that will never be more than anything but an experimental system. The answer from NASA’s top civil servant, Amit Kshatriya, was eye-opening.

“You know, you’re right, the flight rate—three years is a long time between the first and second,” NASA’s associate administrator said. “It is going to be experimental, because of going to the Moon in this configuration, with the energies we’re dealing with. And every time we do it these are very bespoke components, they’re in many cases made by incredible craftsmen. … It’s the first time this particular machine has borne witness to cryogens, and how it breathes, and how it vents, and how it wants to leak is something we have to characterize. And so every time we do it, we’re going to have to do that separately.”

Good lord. We really could have used a WickWick Event before the first one ever flew.

OOPS:

The irony is the Epstein files were supposed to sink MAGA but the torpedoes are running circular.https://t.co/Laf5WFoEaB

— wretchardthecat (@wretchardthecat) February 5, 2026

BILL AYERS AND BERNARDINE DOHRN SMILE:

At this point, how can you not call the Democrat party a terrorist organization? https://t.co/67Ww4SZTaP

— Catturd ™ (@catturd2) February 5, 2026

JAMES PETHOKOUKIS: The pause before the gale: AI’s disruption is arriving slowly, unevenly, and then eventually all at once. And that’s OK.

Related: Is The Singularity Here? And if not, how close is it?

PROGRESS: Trump admin issues new rule, making it easier to fire 50,000 federal workers.

IT’S GOOD TO BE THE NOMENKLATURA: Pressley Waves Away Questions After Wealth Explodes by Millions.

I DIDN’T KNOW YOU COULD GET #1 NEW RELEASE WHILE ON PRE-ORDER:  Done With Mirrors: A Collection of Short Stories (Sarah A. Hoyt’s Short Story Collections).

FRANKLY EVERYONE SHOULD READ STORM-DRAGON AND ALL OF DAVE FREER:  Reviving the Spirit of Adventure: Why Boys Crave Stories Like Dave Freer’s Storm-Dragon.

STILL RELEVANT:  Midnight repost: Truth, Justice, and the American Way.

TEACHERS COLLEGES NEED TO STOP. JUST STOP:  Pretty Much Illiterate.

The kids can’t read because no one teaches them how to.