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Bitcoin Market Remains Bullish: Net Realized Profit/Loss Signals End Of Consolidation Phase Is Near
Bitcoin is currently in consolidation mode, trading below its all-time high (ATH) of $109K, as volatility, uncertainty, and speculation dominate the market. The price has been ranging between ATH and the $90K level, creating fear and hesitation among investors who suspect that the bull cycle top...US Postal Service U-turn on China parcels sows confusion among retailers, shippers
Increased scrutiny, processing seen for all incoming low-value packagesNew tariffs end duty-free status for sub-$800 shipments from ChinaShippers, retailers confused over Trump tariff, customs changesCustoms at New York's JFK airport put all packages from China on holdAdds CBP customs hold detai...Reuters
Feb 6, 2025
Arm's US-listed shares fall after chip designer narrows annual revenue forecast
Chip designer Arm Holdings' U.S.-listed shares ARM.O down 4.2% to $166 after market; Company narrows FY2025 revenue forecast to $3.94 billion-$4.04 billion from prior forecast of $3.80 billion-$4.10 billion, vs est $3.95 billion - LSEG.Reuters
Feb 6, 2025
Google-owner stock sinks after unveiling spending hike, posts cloud revenue miss
Shares of Google-parent Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) plunged Wednesday after it outlined plans to increase capital expenditures this year by far more than Wall Street analysts had expected, while its cloud unit revenue disappointed Wall Street estimates, exacerbating investor fears...Investing.com
Feb 6, 2025
Traders see tariffs, inflation as 2025's biggest market movers, survey shows
NEW YORK, Feb 5 (Reuters) - Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025 as they brace for volatility, an annual survey of institutional trading clients by JPMorgan Chase JPM.N showed on Wednesday.
Qualcomm Q1 results top estimates as smartphone demand continues to improve
Investing.com -- Qualcomm reported better-than-expected fiscal first-quarter results Wednesday and guidance for the current quarter as smartphone demand continues to improve, boosting demand for its chips.Investing.com
Feb 6, 2025
Strategy reports fourth straight quarterly loss, deepens bitcoin focus with rebranding
Feb 5 (Reuters) - Strategy MSTR.O, the biggest corporate holder of bitcoin BTC=, reported a fourth consecutive quarterly loss on Wednesday as the company booked an impairment charge on its stockpile of the cryptocurrency.Ford Motor sees weaker profit in 2025; shares slump
Investing.com -- Ford Motor on Wednesday warned of weaker annual profit that overshadowed better-than-expected fourth-quarter results at a time when the threat of U.S. tariffs on Canada and Mexico that have been temporarily paused continues to stoke uncertainty.Investing.com
Feb 6, 2025
Bank of England poised to cut rates but inflation worries linger
LONDON, Feb 6 (Reuters) - The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.
Reuters
Feb 6, 2025
Bitcoin Faces Weak Retail Demand As Addresses Holding 0-1 BTC Decline – Expert Reports
Bitcoin has experienced massive price swings since the weekend, dropping to $91K before staging a strong recovery above $100K. However, BTC now sits around $98K, struggling to maintain momentum amid ongoing trade war fears that have shaken global markets.Bitcoinist
Feb 6, 2025
EUR/USD stuck on familiar technical levels during midweek lull
EUR/USD dragged its feet on Wednesday, finding some topside bidding action as a broad-market recovery in risk appetite keeps bids behind the US Dollar under pressure. The Euro is struggling to find its feet after snapping a six-day losing streak, and EUR/USD remains hobbled by the 1.0400 handle.Fxstreet
Feb 6, 2025
Oil down as US crude inventories swell, traders worry about China-US trade
US crude oil stocks rose sharply last week, EIA saysChina hits US with tariffs on imports of oil, other energy commodities Trump clamp-down on Iran may support prices near termUpdates prices to settlementBy Nicole Jao Feb 5 (Reuters) - Oil prices fell more than 2% on Wednesday as a large build in...Reuters
Feb 5, 2025
AMD's AI chip revenue miss hits shares amid pressure from Nvidia
In paragraphs 1 and 5 adds detail on stock dropBy Kanchana Chakravarty and Zaheer Kachwala Feb 5 (Reuters) - Advanced Micro Devices AMD.O shares tumbled 8% on Wednesday after the company's AI chip revenue failed to meet analysts' high expectations, underscoring its struggle to grab market...Reuters
Feb 5, 2025
Walt Disney beats earnings estimates with help from 'Moana 2'
Feb 5 (Reuters) - Walt Disney DIS.N sharply outperformed Wall Street's quarterly earnings estimates on Wednesday, with results buoyed by the strong holiday box office performance of animated sequel "Moana 2," though the company warned of a modest decline in Disney+ streaming subscribers in the...
Reuters
Feb 5, 2025
