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Snap rises after quarterly revenue beat
Shares of social media firm Snap SNAP.N up 5% at $6.24 after the bellCo beats Q4 revenue estimates as more advertisers turned to the social media platform during the holiday seasonPosts Q4 revenue with a 10% rise YoY to $1.72 billion, exceeding analysts' estimate of $1.70 billion — data compile...Reuters
Wed, Feb 4
PTC forecasts quarterly revenue above estimates on strong software demand
Feb 4 (Reuters) - PTC PTC.O forecast second-quarter revenue above Wall Street expectations on Wednesday, betting on strong demand for its industrial software as companies gravitate towards artificial intelligence-driven technology to help manage large businesses.PTC has seen resilient demand for its...Reuters
Wed, Feb 4
GLOBAL MARKETS-Global stock index dips with tech slump while dollar rises, oil rallies
Global shares lag, technology stocks hit by AI-led disruptionDollar rises against yen and other currenciesOil rallies as traders focus on US-Iran tensionsUS Treasury yields mixedBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Feb 4 (Reuters) - MSCI's global equities gauge lost ground on We...Reuters
Wed, Feb 4
TRADING DAY-Tech it to the limit
By Jamie McGeever ORLANDO, Florida, Feb 4 (Reuters) - U.S. stocks mostly fell on Wednesday, slammed by worries that the artificial intelligence revolution could pose an existential threat to businesses across many sectors, while oil rose sharply on reports that planned U.S.-Iran talks may col...Reuters
Wed, Feb 4
CANADA STOCKS-TSX extends rebound as industrial shares climb
TSX ends up 0.6% at 32,571.55Industrials rise 1.9% after ATS revenue beatEnergy gains on renewed U.S.-Iran tensionTech was the only major sector to end lowerBy Utkarsh Hathi and Fergal Smith Feb 4 (Reuters) - Canada's main stock index rose on Wednesday for a third straight day as industria...Reuters
Wed, Feb 4
Brazil's Itau expects credit portfolio to expand up to 9.5% in 2026
SAO PAULO, Feb 4 (Reuters) - Brazilian lender Itau Unibanco ITUB4.SA said on Wednesday it expects its total credit portfolio to grow between 5.5% and 9.5% this year.The lender posted a 12.32 billion reais ($2.35 billion) recurring net profit for the quarter ended in December, up 13.2% from a year ea...Reuters
Wed, Feb 4
US STOCKS-Wall Street ends down as AI worries slam tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportS&P 500 -0.51%, Nasdaq -1.51%, Dow +0.53% By Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks ended lower on Wednesday, with losse...Reuters
Wed, Feb 4
Corpay rises on quarterly profit growth
Shares of business payments firm Corpay CPAY.N up ~5% at $314.48 after the bellCo reports Q4 profit rise, as resilient business spending boosted its corporate payments segmentQuarterly profit came in at $3.75 per share, compared with $3.44 per share, in the same period a year agoPosts Q4 revenue ris...Reuters
Wed, Feb 4
LIVE MARKETS-Nasdaq, S&P 500 fall on more tech weakness, Amgen buoys Dow
Nasdaq slides 1.5%, S&P 500 falls, Dow upTech weakest S&P 500 sector; Energy leads gainersDollar, crude climb; gold edges up; bitcoin falls ~4%US 10-Year Treasury yield flat at ~4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your...Reuters
Wed, Feb 4
Snap forecasts quarterly revenue below estimates as ad competition hurts
Feb 4 (Reuters) - Snap SNAP.N forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling tough competition for digital advertising dollars from bigger rivals such as Meta-owned Facebook and Instagram.The social media company faced major hiccups ranging from U.S. President Don...Reuters
Wed, Feb 4
Elf Beauty rises after lifting annual forecasts as demand surges
Shares of makeup company Elf Beauty ELF.N up 12% at $93.69 after the bellCo raises annual sales and profit forecast on stronger demand amid rising economic uncertaintyExpects annual sales in the range of $1.60 billion to $1.61 billion, up from its prior forecast of $1.55 billion to $1.57 billionSees...Reuters
Wed, Feb 4
Elf Beauty lifts annual forecasts as affordable products drive demand
Feb 4 (Reuters) - Elf Beauty ELF.N raised its annual sales and profit forecasts after beating Wall Street estimates for third-quarter results on Wednesday, as demand for its affordable cosmetics stayed strong despite rising economic and tariff uncertainty, sending shares up about 12% after the bell....Reuters
Wed, Feb 4
Google parent Alphabet forecasts sharp surge in 2026 capital spending
Feb 4 (Reuters) - Alphabet GOOGL.O said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its investments to push ahead in the AI race. Analysts on average had expected Alpha...Reuters
Wed, Feb 4
US STOCKS-Wall Street ends down as AI worries slam tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportBy Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks ended lower on Wednesday, with losses in Advanced Micro Devices, Palantir and othe...Reuters
Wed, Feb 4
GLOBAL MARKETS-Global stock index dips with tech under pressure, dollar higher
Global shares lag, technology stocks hit by AI-led disruptionDollar rises against yen and other currenciesOil rallies as traders focus on US-Iran tensionsBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Feb 4 (Reuters) - MSCI's global equities gauge lost ground on Wednesday with technology ...Reuters
Wed, Feb 4
Chinese solar shares jump on reports of Musk-linked visits, some firms deny cooperation
By Lewis Jackson and Nichola Groom BEIJING/LOS ANGELES, Feb 4 (Reuters) - Chinese solar shares jumped on Wednesday after local media reported that delegations sent by Elon Musk had visited various companies in the sector, days after he announced plans to build large-scale solar cell capacity in t...Reuters
Wed, Feb 4
KFC parent company's loyalty program in China surpasses 590 million members
Yum China's loyalty program sees 13% growth since 2024'Largest loyalty program in the world,' analyst saysChina's loyalty program market valued at $20 billion in 2025Yum China rolls out AI ordering assistant for KFC app users KFC app offers paid tiers with exclusive benefits like fre...Reuters
Wed, Feb 4
EMERGING MARKETS-LatAm FX, stocks decline after brief commodity-led rally
Chile's central bank held rates to avoid market reactionReuters: Russia's public deficit can balloon to triple of targetUS, Mexico to develop coordinated trade policies on critical mineralsBy Purvi Agarwal and Ragini Mathur Feb 4 (Reuters) - Most Latin American currencies and equities ret...Reuters
Wed, Feb 4
