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US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Scott says Powell is inept, but not a criminalTillis says he'll hold up Warsh nomination over DOJ probe into PowellPowell could stay on Fed Board post-chair termBy Ann SaphirFeb 4 (Reuters) - Republican Senator Tim Scott on Wednesday said he does not believe Federal Reserve Chair Jerome Powell b...Reuters
Wed, Feb 4
Stocks
Goldman Sachs slides on AI disruption fears
Shares of investment bank Goldman Sachs GS.N fall 4.03% to $901.54Analyst Brian Mulberry of Zacks Investment Management says GS pressure reflects two sentiment-driven fears: AI weighing on software valuations (GS software basket –6%) And concerns that legal/finance AI tools, e.g. Anthropic's Leg...Reuters
Wed, Feb 4
Stocks
Veradermics soars in NYSE debut after upsized $256.3 million IPO
Shares of hair-restoration drug developer Veradermics MANE.N more than double in New York Stock Exchange debutStock opened for trading at $34 and rose as high as $40; last up 126.5% at $38.5MANE sold 15.1 million shares in an upsized IPO at $17 apiece to raise $256.3 millionIt had earlier planned on...Reuters
Wed, Feb 4
Other
Rio Tinto seeks leadership roles in Glencore merger talks, FT says
Feb 4 (Reuters) - Rio Tinto RIO.L is pushing for its chair and CEO to retain their roles, while Glencore GLEN.L is holding out for a hefty premium, as the deadline for a potential merger between the companies looms, the Financial Times reported on Wednesday.Negotiations for the deal, which began in ...Reuters
Wed, Feb 4
Forex
Canadian Dollar holds steady as US government reopens, ADP data disappoints
The Canadian Dollar (CAD) held steady against the US Dollar (USD) on Wednesday, trading just below 1.3700 as markets adjusted to the end of the partial US government shutdown and digested a soft private payrolls report.
Fxstreet
Wed, Feb 4
Stocks
LIVE MARKETS-Wells bumps up Russell 2000 target
Nasdaq slides >1.5%, S&P 500 falls, Dow flatTech weakest S&P 500 sector; Energy leads gainersDollar gains; crude climbs >3%; gold declines; bitcoin falls ~3%US 10-Year Treasury yield edges down to ~4.27%Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Wed, Feb 4
Other
UNICEF calls for criminalization of AI content depicting child sex abuse
UK set to become first country to criminalize using AI to create child sexual abuse images1.2 million children disclosed having images manipulated into sexually explicit deepfakes, agency saysUNICEF calls for digital companies to prevent circulation of AI-generated child sexual abuse contentGuterres...Reuters
Wed, Feb 4
Forex
USD/INR: Trade deal boosts sentiment but risks remain – OCBC Bank
OCBC Bank's report, authored by Sim Moh Siong and Christopher Wong, discusses the recent rally of the Indian Rupee (INR) following headlines of a US-India trade deal. However, the report cautions that the lack of specifics may limit follow-through as investors return to fundamentals.Fxstreet
Wed, Feb 4
Other
Zelenskiy says three-sided talks must lead to peace, seeks more pressure on Russia
Feb 4 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday after the start of a new round of three-sided talks, that negotiations had to lead to real peace and not provide Russia with a new opportunity to continue the war."It must be felt now, people in Ukraine must feel that th...Reuters
Wed, Feb 4
Other
Telegram's Durov says Spanish social media plans weaponise safety
By Aislinn Laing MADRID, Feb 4 (Reuters) - Telegram founder Pavel Durov on Wednesday joined Elon Musk in publicly criticising plans by Spanish Prime Minister Pedro Sanchez to ban social media access for under 16s and to prosecute executives for hate speech on their platforms.Durov said in a messa...Reuters
Wed, Feb 4
Commodities
US nuclear power regulator plans changes in line with Trump goals on reactors
WASHINGTON, Feb 4 (Reuters) - The U.S. nuclear power regulator said on Wednesday it is undergoing a reorganization in line with President Donald Trump's goals on speeding up licensing of nuclear reactors. The Nuclear Regulatory Commission said in a release it will appoint leaders for the reactor...Reuters
Wed, Feb 4
Stocks
Boston Scientific slides after quarterly sales of key products disappoint
Shares of medical device maker Boston Scientific BSX.N tumble 14% to $78.72 Stock set for its biggest pct fall in over 5 years, if losses hold BSX expects 2026 adjusted EPS of $3.43 to $3.49, the midpoint of which is below analysts' average estimate of $3.47 - LSEG-compiled dataSees net sal...Reuters
Wed, Feb 4
Cryptocurrencies
Bitcoin Shows Extended Coinbase Discount In Recent Market Data — Here’s What This Means
Recent market data has shown that Bitcoin has been trading at an extended discount on Coinbase. Over the past several months, this negative premium, where BTC prices on Coinbase sit below the international average level, has remained consistent. Such prolonged discounts have historically coincided w...NewsBTC
Wed, Feb 4
Cryptocurrencies
Shiba Inu Lead Dev Returns As Price Crashes To 3-Year Low, What’s Going On?
Shiba Inu lead developer Shytoshi Kusama has returned to the X platform, teasing an important update for the SHIB community. This comes just as the meme coin’s price crashed to a 3-year low amid the recent crypto market crash. Shiba Inu Lead Developer Returns as Price Hits New Lows In an X post, the...Bitcoinist
Wed, Feb 4
Other
US Supreme Court allows pro-Democratic California voting map
Legal battle unfolds with November elections loomingMap at issue delineates California U.S. House districtsRedesigned map came in response to similar Texas effortBy Andrew Chung Feb 4 (Reuters) - The U.S. Supreme Court allowed California on Wednesday to use a new electoral map designed to give De...Reuters
Wed, Feb 4
Other
Olympics-LA28 chair Wasserman called on to resign over Epstein files, LA Times reports
Feb 4 (Reuters) - Local officials in Los Angeles are calling on Casey Wasserman to resign as LA2028 Olympics chief for communicating with convicted sex trafficker Ghislaine Maxwell more than 20 years ago, according to a Los Angeles Times report.New files released related to late financier and sex of...Reuters
Wed, Feb 4
Other
French president's top diplomat held talks in Moscow on Tuesday, sources say
PARIS, Feb 4 (Reuters) - French President Emmanuel Macron's most senior diplomat was in Moscow on Tuesday to hold talks with Russian officials, said a source who was aware of the meeting and two diplomatic sources.The first source said Emmanuel Bonne, who has been at the helm of Macron's dip...Reuters
Wed, Feb 4
Cryptocurrencies
Ripple Throws Weight Behind Hyperliquid, Fueling HYPE’s Rally Toward Crucial Levels
Ripple has announced new support for Hyperliquid, one of the fastest‑growing decentralized exchanges (DEXs) in the crypto sector, a move that has added momentum to the platform’s native token, HYPE, even as the broader market remains under pressure. Ripple Expands Prime Brokerage Platform With Hyper...NewsBTC
Wed, Feb 4
Other
CORRECTED-Goldman-backed T. Rowe Price's profit jumps on boost from stock market rally
Feb 4 (Reuters) - Asset manager T. Rowe Price Group TROW.O reported a higher fourth-quarter profit on Wednesday, as a stock market rally boosted the value of clients' assets.U.S. equity markets were propelled in 2025 by artificial intelligence-related optimism and hopes for U.S. Federal Reserve ...Reuters
Wed, Feb 4
