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Stocks
Reddit rises after strong Q1 revenue forecast
Shares of Reddit RDDT.N rise 7.4% premarket after co forecast Q1 revenue above estimatesExpects Q1 rev between $595 million and $605 million, above analysts' average estimate of $577.2 million, according to data compiled by LSEGQ4 rev rose 70% to $726 million, beating estimates of $665.4 million...
Reuters
Fri, Feb 6
Stocks
Hims slides after US FDA warns against 'illegal copycat drugs'
Shares of U.S. telehealth firm Hims and Hers Health HIMS.N fall 7.11% to $21.81 premarket U.S. FDA Commissioner Marty Makary said on Thursday that the regulator would take action against companies that mass-market "illegal copycat drugs" by claiming they are similar to FDA-approved productsH...
Reuters
Fri, Feb 6
Stocks
Amazon shares sink as Big Tech's AI spending plans worry investors
Feb 6 (Reuters) - Amazon AMZN.O shares dropped 8% in premarket trading on Friday after the company's hefty capital expenditure plans deepened investor worries over Big Tech's spending spree on artificial intelligence. Massive AI spending by companies - estimated to be more than $600 billio...
Reuters
Fri, Feb 6
Stocks
Booming Energy Demand From the AI Buildout Could Be Good News for This ETF in 2026
Key PointsThe iShares Global Clean Energy ETF has gained 62% in the past year. During the past year, this renewable energy fund has outperformed the S&P 500, the Nasdaq, and some major oil companies. Solar power is projected to make up 80% of the growth in renewable power generation in the next five...
The Motley Fool
Fri, Feb 6
Other
Indonesian comedian summoned by police over Netflix show
JAKARTA, Feb 6 (Reuters) - A prominent Indonesian comedian who became the first from his country to air a special on Netflix was summoned by police on Friday over what they called public complaints about the material he used in his stand-up act.Pandji Pragiwaksono's show appeared on Netflix on D...
Reuters
Fri, Feb 6
Commodities
Shell pauses further Kazakhstan investments over legal disputes, CEO says
LONDON, Feb 6 (Reuters) - Shell SHEL.L will pause new investments in Kazakhstan due to a series of legal proceedings launched by the government against the oil major and other international companies over cost disputes, CEO Wael Sawan said.Kazakhstan has, for years, clashed with international oil co...
Reuters
Fri, Feb 6
Forex
EMERGING MARKETS-EM currencies and stocks set to end week with losses
MSCI EM FX flat, stocks down 0.3%Indonesian stocks fall after Moody's cuts rating Polish central banker Wnorowski says March rate cut likelySouth Africa closer to duty free access deal with China By Purvi Agarwal Feb 6 (Reuters) - Most emerging market currencies were largely subdued against t...
Reuters
Fri, Feb 6
Cryptocurrencies
Kalshi moves to launch margin trades pending US approval
Kalshi is seeking approval from the Commodity Futures Trading Commission to introduce margin trading, following months of regulatory discussions.
Cryptopolitan
Fri, Feb 6
Stocks
5 AI ETFs You Need to Own Before the Global Market Hits $5 Trillion
Key PointsThe global artificial intelligence ecosystem is forecast to expand 25-fold during the next seven years.With so much money being plowed into AI development, the investment opportunities in this sector are still huge.These five AI ETFs provide different strategies and exposure to the industr...
The Motley Fool
Fri, Feb 6
Cryptocurrencies
Decred Price Forecast: DCR rallies amid low supply availability
Decred (DCR) rallies nearly 25% at press time on Friday, extending gains after bouncing off a rising trendline. An 11% rise in DCR mining hashrate over the last 30 days, coupled with over 10 million tokens staked, limits the available selling pressure.
Fxstreet
Fri, Feb 6
Forex
CEE MARKETS-FX shrugs off global turbulence as stable rates support crown
WARSAW, Feb 6 (Reuters) - Central European currencies were holding steady on Friday despite tremors in global markets caused by fears over AI, as investors digested the Czech central bank's decision to maintain a cautious approach and leave rates unchanged.The crown firmed around 0.5% against th...
Reuters
Fri, Feb 6
Stocks
Enterprise Products Partners' Monster Payout Could Get Even Bigger
Key PointsA buyback bonanza could boost Enterprise Products Partners' distribution per unit.The midstream leader is also poised for breakout growth in 2027.These 10 stocks could mint the next wave of millionaires › Quite frankly, there isn't much to dislike about Enterprise Products Partners' (NYSE:...
The Motley Fool
Fri, Feb 6
Other
UN Security Council to exempt sanctions on humanitarian aid for North Korea, source says
By Heejin KimSEOUL, Feb 6 (Reuters) - A United Nations committee has approved exemptions from wide-reaching sanctions against North Korea to allow fresh humanitarian aid to reach the country, a diplomatic source said on Friday, amid a push by Seoul and Washington to engage Pyongyang.The members of t...
Reuters
Fri, Feb 6
Cryptocurrencies
Bitcoin Market Structure Points To ‘Ongoing Stress’, Not Final Capitulation – Analyst
Bitcoin has slipped below the $70,000 level, a move that reflects growing selling pressure and rising market anxiety. The break of this psychological threshold has intensified volatility, with short-term participants reacting quickly to downside momentum. Analysts note that the current environment i...
Bitcoinist
Fri, Feb 6
Cryptocurrencies
Previous Market Bottoms Suggest Bitcoin Price Is Headed To $38,000
The Bitcoin price is currently trading under immense bearish pressure, and the downtrend might not yet be over. Bitcoin has now broken below $70,000 and has extended its decline below $65,000. This price action is part of an extended corrective phase that began after Bitcoin topped out at $126,000 i...
NewsBTC
Fri, Feb 6
Commodities
Brazil signals new openness to Mercosur-China talks as Beijing seeks deeper ties
Brazil considering partial Mercosur-China trade dealArgentina's US alignment may hinder progress on talksParaguay's Taiwan ties also pose challengeBy Lisandra Paraguassu and Lucinda Elliott BRASILIA/MONTEVIDEO, Feb 6 (Reuters) - Brazil is considering pushing for a partial trade agreement ...
Reuters
Fri, Feb 6
Cryptocurrencies
BlackRock’s IBIT Shatters Volume Records as $BMIC Targets Quantum Security Shift
What to Know: BlackRock’s IBIT reaching $10B in volume signals a massive transfer of Bitcoin from retail hands to institutional holders, likely marking a market pivot. The concentration of wealth in digital assets increases the urgency for protection against ‘Harvest Now, Decrypt Later’ ...
NewsBTC
Fri, Feb 6
Stocks
This Fund Just Sold GATX Stock but Kept a More Than $200 Million Stake
Key PointsGAMCO Investors sold 28,902 shares of GATX in the fourth quarter.The quarter-end position value decreased by $11.28 million, reflecting both trading and price movement effects.The fund held 1,197,637 GATX shares, valued at $203.12 million, after the trade.10 stocks we like better than GATX...
The Motley Fool
Fri, Feb 6
Other
China fines Kuaishou over $17 million for failure to curb offensive content
BEIJING, Feb 6 (Reuters) - China's cyberspace regulator on Friday fined Kuaishou Technology 1024.HK 119.1 million yuan ($17.2 million) and issued a warning after finding the short-video platform had failed to adequately curb pornographic and vulgar livestream content. Kuaishou was hit by ...
Reuters
Fri, Feb 6
Other
AI is not a bubble, senior executive at Nvidia supplier Wistron says
TAIPEI, Feb 6 (Reuters) - Artificial intelligence is not a bubble, and 2026 AI-related order growth will be more than last year, Simon Lin, the chairman of Taiwanese electronics manufacturer Wistron 3231.TW, said on Friday."We believe AI really does help all industries, so I don't think it...
Reuters
Fri, Feb 6
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