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Verizon Wireless sues T-Mobile, alleges false advertising
Verizon accuses T-Mobile of exaggerating savings claimsVerizon seeks triple damages, halt to challenged adsT-Mobile had no immediate commentBy Jonathan StempelNEW YORK, Feb 4 (Reuters) - Verizon Wireless VZ.N sued T-Mobile TMUS.O on Wednesday, accusing its largest rival of false advertising and caus...Reuters
Wed, Feb 4
Other
Nike facing US probe over alleged discrimination against white workers
Agency alleges Nike refused to provide information on workforceNike says it is cooperating with agency's probeBy Daniel Wiessner Feb 4 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike NKE.N for alleged...Reuters
Wed, Feb 4
Stocks
Steris maintains annual profit forecast after slight quarterly revenue beat
Feb 4 (Reuters) - Steris STE.N maintained its annual profit forecast on Wednesday, after slightly beating estimates for third-quarter revenue on strength in its largest segment, which sells sterilization products.Shares of the medical equipment maker were down 3.6% in extended trading. Steris mainta...Reuters
Wed, Feb 4
Other
EXCLUSIVE-Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration
By Karen FreifeldFeb 4 (Reuters) - The Trump administration is willing to allow China's ByteDance to buy Nvidia's H200 chips, but the AI chipmaker has not agreed to proposed conditions for their use, according to a person familiar with the matter.The U.S. said it would approve the license ab...Reuters
Wed, Feb 4
Other
Ralliant's Q4 revenue beats estimates
OverviewPrecision tech firm's Q4 revenue rose 1% yr/yr, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany recorded $1.4 bln goodwill impairment charge in Test & Measurement segmentOutlookRalliant expects Q1 2026 revenue between $508 mln and $522 mlnCompany fore...Reuters
Wed, Feb 4
Stocks
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
Other
Target's new CEO says retailer lost trust with shoppers and staff, Bloomberg News reports
Feb 4 (Reuters) - Target Corp's TGT.N new chief executive officer, Michael Fiddelke, told staff the big-box retailer has lost trust with shoppers and staff and pledged to rebuild that connection, Bloomberg News reported on Wednesday. "We weren't clear enough about who we are as a company...Reuters
Wed, Feb 4
Other
Fed opts to keep bank capital buffers steady until 2027 as it mulls stress test tweaks
By Pete Schroeder WASHINGTON, Feb 4 (Reuters) - The U.S. Federal Reserve announced on Wednesday it would not adjust large bank capital levels during the 2026 stress testing cycle, as the central bank considers several changes to the annual exercise aimed at boosting transparency.Fed Vice Chair fo...Reuters
Wed, Feb 4
Other
Regal Rexnord beats Q4 adjusted EPS estimates
OverviewMotion control firm's Q4 sales grew 4.3% yr/yr, slightly missing analyst expectationsAdjusted EPS for Q4 beat analyst expectations, rising 7.3% yr/yrCompany secured data center orders worth ~$735 mln, boosting E-Pod solution tractionOutlookRegal Rexnord projects 2026 GAAP EPS between $5....Reuters
Wed, Feb 4
Other
Flowco Holdings Inc Files For Mixed Shelf Of Up To $500 Million
Feb 4 (Reuters) - Flowco Holdings Inc FLOC.N:FLOWCO HOLDINGS INC FILES FOR MIXED SHELF OF UP TO $500 MILLION – SEC FILINGFLOWCO HOLDINGS INC - SELLING STOCKHOLDERS MAY OFFER UP TO 57,530,845 CLASS A SHARES - SEC FILINGReuters
Wed, Feb 4
Other
IGM Financial Announces January 2026 Assets Under Management & Advisement And Net Flows
Feb 4 (Reuters) - IGM Financial Inc IGM.TO:IGM FINANCIAL INC. ANNOUNCES JANUARY 2026 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSIGM FINANCIAL INC: TOTAL ASSETS UNDER MANAGEMENT AND ADVISEMENT OF $316.1 BILLION AT JANUARY 31Reuters
Wed, Feb 4
Stocks
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
Cryptocurrencies
PEPE’s 48% Crash Sends It To Yearly Lows, But It’s Far From Over
PEPE has pushed deeper into its corrective phase in early February after a sharp selloff wiped out nearly half of its value in just two weeks. The meme coin is now trading around its yearly low zone following a 48% decline that unfolded in line with a technical outlook shared by an analyst on X. PEP...NewsBTC
Wed, Feb 4
Cryptocurrencies
Coinbase Hit With Nevada Lawsuit Over Illegal Betting Claims
Coinbase is facing a civil enforcement action in Nevada after state gaming regulators said the company offered event contracts that look like wagers to local users. Related Reading: Bitcoin Mining Takes New Turn With Tether’s Open-Source Software Based on reports, the Nevada Gaming Control Board fil...Bitcoinist
Wed, Feb 4
Other
Melania Trump says talks with Putin team continue to free Ukrainian kids
By Bo Erickson WASHINGTON, Feb 4 (Reuters) - U.S. first lady Melania Trump said on Wednesday she remains in contact with Russian President Vladimir Putin's team in an effort to secure the return of more Ukrainian children from Russia. "I'm working on it, and we are in the process,"...Reuters
Wed, Feb 4
Stocks
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
Stocks
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
