---
title: "In today’s pre-mkt summary for Subscribers:  Stocks fluctuated as the recent AI-driven selloff lost "
description: "In today’s pre-mkt summary for Subscribers:  Stocks fluctuated as the recent AI-driven selloff lost steam while traders awaited today’s Jan CPI data; 10yr Treasury yields rose and precious metals and "
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000470601.md"
published_at: "2026-02-13T11:07:18.000Z"
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344)"
---

# In today’s pre-mkt summary for Subscribers:  Stocks fluctuated as the recent AI-driven selloff lost 

In today’s pre-mkt summary for Subscribers: Stocks fluctuated as the recent AI-driven selloff lost steam while traders awaited today’s Jan CPI data; 10yr Treasury yields rose and precious metals and bitcoin rebounded; Detroit’s Big Three have announced over $50B in combined EV write-downs while scaling back future EV investments amid a 30% drop in 4Q U.S. EV sales following the Sept 30 expiration of the $7,500 federal EV tax credit. We remain bullish on equities extending their run to new highs as cooling inflation and slowing employment growth raise odds of quicker Fed rate cuts, with money markets pricing two cuts by year-end, starting in July. Consensus 2026 S&P 500 EPS growth of +12% to $310 implies a reasonable 22.4x P/E, 4.5% earnings yield, and +40bp premium to 10yr yields, in line with historic non-recessionary spreads. $Tesla(TSLA.US) bull narrative around exclusive unsupervised autonomy continues to weaken as $Alphabet - C(GOOG.US) $Baidu(BIDU.US) $WeRide(WRD.US) $Pony AI(PONY.US) $Amazon(AMZN.US) scale to 750K paid unsupervised rides per week, and $NVIDIA(NVDA.US) democratizes its AI stack to OEMs in 1H26. With 2026 EPS ests continuing to decline, we remain cautious on TSLA (no position) due to its extended valuation (2026 P/E ~200x vs +40% LT growth, 5x PEG).

### Related Stocks

- [WRD.US - WeRide](https://longbridge.com/en/quote/WRD.US.md)
- [GOOG.US - Alphabet - C](https://longbridge.com/en/quote/GOOG.US.md)
- [AMZN.US - Amazon](https://longbridge.com/en/quote/AMZN.US.md)
- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)
- [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md)
- [00800.HK - WERIDE-W](https://longbridge.com/en/quote/00800.HK.md)
- [GOOGL.US - Alphabet](https://longbridge.com/en/quote/GOOGL.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.