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LIVE MARKETS-Bitcoin pays big dividends for the company formerly known as MicroStrategy
S&P 500, Nasdaq edge green; Dow dipsFinancials lead S&P 500 sector gainers; Energy down mostEuro STOXX 600 index up ~1.2%Dollar up; bitcoin, crude, gold dipU.S. 10-Year Treasury yield rises to ~4.45%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo...Reuters
Feb 6, 2025
Cryptocurrencies
‘Great Time To Enter Bitcoin,’ Says Eric Trump – Is He Right?
In a move that has sent tremors through the crypto community, Eric Trump took to X today to voice a bullish stance on Bitcoin. “Feels like a great time to enter BTC! 🚀 @worldlibertyfi” he wrote, triggering immediate reactions from industry figures and observers alike. Feels like a great time to ente...Bitcoinist
Feb 6, 2025
Cryptocurrencies
Is FXGuys ($FXG) The Next 100x Opportunity? Growing Attention From PEPE And SUI Holders Suggests So
As top altcoins like PEPE and SUI deliver modest returns before losing momentum, the growth potential of FXGuys ($FXG) is drawing the attention of investors looking for the next 100x opportunity in the crypto market. Experts say $FXG could be the next 100x opportunity, and the growing attention from PEPE and SUI holders suggests it […]Cryptopolitan
Feb 6, 2025
Other
Gallagher Securities names Bolding CEO as Dubinsky becomes chairman
By Michael JonesFeb 6 - (The Insurer) - Gallagher has appointed Jason Bolding CEO of Gallagher Securities with Bill Dubinsky set to assume the position of chairman.In his new role, Bolding will aim to enhance sales efforts through greater alignment between Gallagher Re and Gallagher Securities.Boldi...Reuters
Feb 6, 2025
Stocks
BUZZ-Altus Power gains as TPG to buy co in $2.2 bln deal
Updates** Shares of solar firm Altus Power AMPS.N rise 27.8% to $4.90** Buyout firm TPG's TPG.O climate investment arm to acquire Altus Power for $2.2 billion in an all-cash transaction** AMPS says TPG will acquire company for $5.00 per share** Purchase price represents a 66% premium to AMPS'...Reuters
Feb 6, 2025
Stocks
Intercontinental Exchange's EPS Surges
Intercontinental Exchange (NYSE:ICE), a global powerhouse in financial exchanges and clearing services, unveiled its fourth-quarter earnings on Feb. 6. Revenues of $2.323 billion were essentially in line with expectations of $2.327 billion, but its earnings per share (EPS) of $1.52 topped analysts' ...The Motley Fool
Feb 6, 2025
Stocks
BUZZ-PREVIEW: Amazon shares edge up; Q4 EPS, rev seen rising
** Shares in Amazon.com AMZN.O, after hitting intraday record high on Tuesday, up 0.5% on Thursday ahead of Q4 report due after market close** Wall Street consensus view is for AMZN to report adj EPS of $1.49 vs $1.00 in year-ago quarter on rev of $187.3 bln vs $169.96 bln in year-ago quarter, accor...Reuters
Feb 6, 2025
Cryptocurrencies
Institutions are accumulating Ethereum in a new wave, ETH up 0.3%
Ethereum’s (ETH) recent price struggles haven’t stopped institutions from accumulating coins, with major entities moving significant holdings from exchanges. The second-largest cryptocurrency by market capitalization has gone up by 0.3% since rebounding from recent lows and reclaiming the $2,650 level. On-chain data from Lookonchain revealed that in the past two days, Cumberland, a crypto asset […]Cryptopolitan
Feb 6, 2025
Economic Indicator
Med crude-Urals diffs stable, freight rates in Russia's East ease
MOSCOW, Feb 6 (Reuters) - Urals crude differentials were steady on Thursday, while freight rates for Russia's oil loading from Far East Kozmino port eased amid higher availability, traders said. Freight rates for ESPO Blend crude shipped from the Russian port of Kozmino to China have fallen 50% ...Reuters
Feb 6, 2025
Other
BRIEF-Lilly Exec Says U.S. Zepbound Performance Is Going Very Well
Feb 6 (Reuters) - Eli Lilly and Co LLY.N:LILLY EXEC SAYS UPTAKE OF SINGLE-USE ZEPBOUND VIALS INCREASED IN Q4 THROUGH DIRECT TO CONSUMER WEBSITE SALES - CONF CALLLILLY EXEC SAYS U.S. ZEPBOUND PERFORMANCE IS GOING VERY WELLLILLY EXEC SAYS IN Q4 ZEPBOUND BECAME THE MARKET LEADER IN THE ANTI-OBESITY MAR...Reuters
Feb 6, 2025
Commodities
METALS-Copper reaches multi-week highs on relief over tariffs
Updates prices at 1700 GMTBy Eric Onstad LONDON, Feb 6 (Reuters) - Copper prices hit multi-week highs on Thursday as fears over a full-blown trade war eased despite threats by U.S. President Donald Trump. Three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.5% at $9,283.50 a met...Reuters
Feb 6, 2025
Stocks
BUZZ-Yum Brands up after Q4 results beat on Taco Bell boost
Updates** Shares of KFC owner Yum Brands YUM.N up as much as 10% to $144.43 ** Stock set for its best day since April 2020, if gains hold ** Reports Q4 sales above estimates, as Taco Bell's value offerings attracted budget-conscious U.S. consumers ** Worldwide same-store sales rose 1% in the...Reuters
Feb 6, 2025
Stocks
Trump Media files to trademark investment products targeting bitcoin, US industries
Feb 6 (Reuters) - Trump Media and Technology Group DJT.O said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors.The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Inde...Reuters
Feb 6, 2025
Commodities
CMS Energy posts lower quarterly profit on higher operating costs
Adds details from conference call in paragraphs 3 through 5By Pooja Menon Feb 6 (Reuters) - U.S. electric and gas utility CMS Energy CMS.N reported a drop in its fourth-quarter profit on Thursday due to higher operating expenses, and warned of supply chain issues arising from potential tariffs.U...Reuters
Feb 6, 2025
Commodities
Power Up: Tariff tussle widens
Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here. Feb 6 - By Gavin Maguire, Global energy Transition Columnist Hello Power Up readers! President Donald Trump's tariff threats c...Reuters
Feb 6, 2025
Stocks
Why Huntington Ingalls Is Sinking Today
Military shipbuilder Huntington Ingalls (NYSE: HII) missed quarterly expectations, and its issues are likely to continue into the new year.Shares of Huntington Ingalls traded down 17% as of 11:15 a.m. ET, as investors see little reason to get excited about the stock right now.Start Your Mornings Sma...The Motley Fool
Feb 6, 2025
Other
HongKong Post says they continue to suspend postal items containing goods to the U.S.
Feb 6 (Reuters) - HongKong Post said on late Thursday night that they will continue to suspend postal items containing goods to the United States until further notice.The Hong Kong government spokesman said: "Hongkong Post has been communicating with the postal administration of the United State...Reuters
Feb 6, 2025
