News
Important Only
Cryptocurrencies
Billionaire Entrepreneur Says Bitcoin Price Crash Is A Gift, Here’s Why
A sudden drop in the Bitcoin price wiped billions from the crypto market in a matter of hours, triggering panic among traders and forcing many leveraged positions to close. While most investors focused on the losses, a billionaire entrepreneur took a very different view, calling the crash a gift rat...Bitcoinist
Tue, Feb 3
Other
Some 30 countries want to join critical minerals club, US Interior Secretary Burgum says
By Timothy Gardner WASHINGTON, Feb 3 (Reuters) - About 30 countries want to join a club of allies and partners on trading critical minerals to reduce reliance on China, U.S. Interior Secretary Doug Burgum told a conference on Tuesday. Burgum, who also heads the U.S. National Energy Dominance...Reuters
Tue, Feb 3
Other
X confirms French judicial authorities raided its Paris office
Feb 3 (Reuters) - Elon Musk's social media network X said that French judicial authorities raided the company’s Paris office on Tuesday in connection with a "politicized criminal investigation into alleged manipulation of algorithms and purported fraudulent data extraction.""The alle...Reuters
Tue, Feb 3
Other
Airlines win challenge to appeals court ruling on consumer fee disclosures
Airlines argue rule disrupts customer interactionsUSDOT claimed consumers overpaid $543 million in fees annuallyAirlines collected $7.3 billion in baggage fees in 2024Trump administration opposed Biden-era airline consumer protection rulesBy David Shepardson WASHINGTON, Feb 3 (Reuters) - A federa...Reuters
Tue, Feb 3
Stocks
Marathon Petroleum profit beats Wall Street estimates on strong refining margins, utilization
Refining margins jump 44%, boosting earnings to $2 billionRefineries ran at 95% capacity, setting throughput recordsNew projects to optimize Gulf Coast refineries, add $200 million to budgetBy Nicole Jao and Tanay Dhumal NEW YORK, Feb 3 (Reuters) - Marathon Petroleum MPC.N reported fourth-quarter...Reuters
Tue, Feb 3
Cryptocurrencies
Cipher Mining’s subsidiary is launching a $2 billion offering to fund its high-performance computing (HPC) expansion
Cipher Mining has announced a $2 billion offering from its subsidiary Black Pearl Compute LLC to build a large data center in Texas. The funds are expected to go towards the construction of Cipher Mining’s Black Pearl Facility. The facility has a total power capacity of 300 megawatts (MW). Why is Cipher Mining shifting focus […]Cryptopolitan
Tue, Feb 3
Commodities
GRAINS-Chicago corn, soy prices recover on updated biofuel guidance
By Heather Schlitz CHICAGO, Feb 3 (Reuters) - Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said.The most-active soybean contract on the Chic...Reuters
Tue, Feb 3
Stocks
3 Top Dividend Stocks to Buy in February
Key PointsSoftware giant Intuit should be just fine in this era of artificial intelligence.Payments provider Visa continues to grow as the world leaves cash behind.S&P Global dominates the credit ratings industry, and that looks set to continue.10 stocks we like better than Intuit › Many people assu...The Motley Fool
Tue, Feb 3
Other
Iranian drone completed surveillance mission in international waters, Iranian media say
Feb 3 (Reuters) - An Iranian drone completed a "surveillance mission in international waters," Iranian media including the semi-official Fars news agency said on Tuesday.The U.S. military on Tuesday shot down an Iranian drone that "aggressively" approached the Abraham Lincoln aircraf...Reuters
Tue, Feb 3
Stocks
Vawter Financial Buys $10 Million of JPMorgan Active Bond ETF
Key PointsBought 190,959 shares of JBND; estimated trade size $10.4 million based on quarterly average price.Quarter-end stake value rose by $10.3 million, reflecting both trading and bond price shifts.Trade equals 4.4% of Vawter's reportable U.S. equity assets under management.Post-trade position: ...The Motley Fool
Tue, Feb 3
Other
Nvidia CEO Huang Says Would Consider Investing In Any Future OpenAI Round And Wants To Participate In An Eventual OpenAI IPO-CNBC
Feb 3 (Reuters) - NVIDIA CEO HUANG SAYS WOULD CONSIDER INVESTING IN ANY FUTURE OPENAI ROUND AND WANTS TO PARTICIPATE IN AN EVENTUAL OPENAI IPO-CNBCSource text: https://tinyurl.com/d44crh3tReuters
Tue, Feb 3
Commodities
Natgas pipeline explosion in Cameron Parish, Louisiana injures one, local media reports
Feb 3 (Reuters) - Crews were responding to a natural gas pipeline explosion in Cameron Parish, Louisiana on Tuesday, where one operator sustained minor injuries, local media reported, citing the parish’s office of emergency preparedness.The report added the fire was at the Delfin LNG pipeline."O...Reuters
Tue, Feb 3
Stocks
US STOCKS-Wall Street tumbles as traders fret about AI disruption
Walmart hits $1 trillion in market value for the first timePalantir shares gain after quarterly resultsObesity drugmakers drop on Novo Nordisk's outlook warningS&P 500 -1.46%, Nasdaq -2.17%, Dow -1.03%By Noel Randewich and Twesha Dikshit Feb 3 (Reuters) - Wall Street tumbled on Tuesday as...Reuters
Tue, Feb 3
Other
Netanyahu urges US envoy to be skeptical of Iran in revived nuclear talks
Meeting comes amid efforts to revive diplomacy over Iran's nuclear programmeTalks to resume on Friday in TurkeyU.S. President Donald Trump has warned that bad things could happen if a deal not be reachedBy Emily Rose JERUSALEM, Feb 3 (Reuters) - Israeli Prime Minister Benjamin Netanyahu told ...Reuters
Tue, Feb 3
Stocks
Walmart hits $1 trillion market value, joins club dominated by Big Tech giants
Tech, AI bets boosting efficiency and sales at Walmart Online marketplace and faster delivery drive higher spendWalmart added to tech-focused Nasdaq‑100 last monthBy Savyata Mishra, Johann M Cherian and Siddharth Cavale Feb 3 (Reuters) - Walmart WMT.O became the first retailer ever to hit $1 tri...Reuters
Tue, Feb 3
Stocks
Crypto-linked stocks slump as bitcoin hits lowest since Trump's election
Shares of cryptocurrency and blockchain-related firms slump on Tues, tracking bitcoin BTC= to its lowest levels since President Donald Trump's election victory in Nov 2024Bitcoin, world's largest cryptocurrency, down 6.4% at $77,450, while Ether ETH= down 8.5% to $2,140.33Crypto market volat...Reuters
Tue, Feb 3
Commodities
CBOT soybeans jump after updated biofuels guidance
CHICAGO, Feb 3 (Reuters) - Chicago Board of Trade soybean futures gained ground on Tuesday after the U.S. Department of the Treasury released much-awaited updated guidance on biofuel tax credits.Market players are continuing to parse through the Treasury's updated guidance on the 45Z Clean Fuel ...Reuters
Tue, Feb 3
Stocks
Apple's Surging iPhone Sales Aren't Really About AI...and That's a Good Thing
Key PointsLast quarter’s strong iPhone revenue growth is being interpreted as a sign that Apple’s AI efforts are paying off.A closer look at where the company is on the developmental front, however, suggests this may not be the case.There’s a far bigger and longer-lived dynamic with its iPhone busin...The Motley Fool
Tue, Feb 3
Stocks
PREVIEW: Amgen dips with results due after the bell
Amgen AMGN.O shares down 0.8% to $342 ahead of Q4 results due after the closing bellShares in obesity drugmakers declined on Tuersday after Novo Nordisk NOVOb.CO forecast a sharper than expected sales decline for 2026Q4 adj. EPS expected at $4.73 on a 4.2% increase in revenue to $9.47 bln, per LSEG ...Reuters
Tue, Feb 3
Commodities
CBOT wheat higher on spillover support
CHICAGO, Feb 3 (Reuters) - Chicago Board of Trade wheat futures ticked higher on Tuesday on spillover support from rising corn and soybean futures.Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Department of the Treasury rel...Reuters
Tue, Feb 3
