Stocks Fall Amid Tariff Uncertainty and AI Disruption Fears

Stocks fell sharply on Monday as markets reacted to the possibility of higher global tariffs proposed by President Donald Trump. At the same time, investors remained uneasy about ongoing shifts in artificial intelligence that could threaten traditional business models.

Overall, S&P 500 declined 1.0% to 6,838, while NASDAQ fell 1.1% to 22,627.

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Here is the one-year chart of Tesla (TSLA) as of February 3, 2026, when the stock was at $422.

Tesla’s (TSLA) is focusing more on shifting strategy toward autonomous and AI-driven future built around self-driving cards, robots, and, energy. The company is putting a lot of money into Full Self-Driving, Robotaxi services, and Optimus robots. Paid self-driving rides are already happening in Austin, and Tesla plans to expand to many more cities once it gets approval.

Tesla is also changing how it uses its factories by winding down Model S and X production and converting that factory space into an Optimus robot factory with a long-term goal of 1 million robots per year.

CEO Elon Musk stated the company will unveil Optimus 3 — which he called an incredibly capable robot — in a few months, and will be a general-purpose robot that can learn by observing human behavior.

TSLA is part of our Growth Portfolio and Aggressive Growth Portfolio.

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