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Stocks
Hitachi Energy India jumps after surge in quarterly profit
Shares of Hitachi Energy India HITN.NS jump 12% to 21,493 rupeesHeavy electrical equipment maker's Q3 profit jumps 90.3% Y/Y to 2.61 billion rupees ($28.9 million); total revenue rose 28.5% Y/YOrder backlog at 298.72 billion rupeesBrokerage Jefferies says EBITDA beat by 43%, driven by 420 bps hi...Reuters
Fri, Feb 6
Stocks
Up 15% This Year, Is Costco Stock a Buy?
Key PointsInvestors love the stability of Costco's durable and steady business model.The company just reported strong January sales.Costco's digitally-enabled sales accelerated significantly in January.10 stocks we like better than Instacart › The market is on edge year to date, to say the least. As...The Motley Fool
Fri, Feb 6
Forex
FOREX-Dollar set for strongest week since November, yen firms before polls
Risk-off sentiment, Warsh's Fed Chair nomination lifts dollarPound nurses steep losses on rate-cut wagers Yen steadies near 157/dollar ahead of an unpredictable election By Ankur Banerjee SINGAPORE, Feb 6 (Reuters) - The U.S. dollar lingered near a two-week high on Friday, poised for its stro...Reuters
Fri, Feb 6
Stocks
News Corp's Australia-listed shares slide to 21-month low on decline in earnings
Australia-listed shares of News Corp NWS.AX fall as much as 7.5% to A$37.46, their lowest since early May 2024Stock falls 12.4% so far this week, set for their worst week since late February 2020Media and information services firm reports Q2 net income from continuing operations of $242 million, a 2...Reuters
Fri, Feb 6
Stocks
Indian IT stocks set for worst week in four months as AI jitters deepen
Feb 6 (Reuters) - Indian software exporters shares .NIFTYIT fell about 2% on Friday and were headed for their worst week in over four months, as rapid advances in artificial intelligence deepened worries that high-margin application-services revenues for Indian IT firms could come under pressure.The...Reuters
Fri, Feb 6
Cryptocurrencies
XRP Price Snaps Back From $1.15 Collapse, Bulls Test The Waters
XRP price extended losses and traded below $1.30. The price is now consolidating losses but faces hurdles near $1.30 and $1.350. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a key bearish tr...NewsBTC
Fri, Feb 6
Other
Pardoned January 6 rioter pleads guilty to threatening US Democratic leader Jeffries
By Kanishka Singh WASHINGTON, Feb 5 (Reuters) - A January 6, 2021, rioter, who was pardoned by President Donald Trump, pleaded guilty to a harassment charge after being accused of threatening to kill U.S. House of Representatives Minority Leader Hakeem Jeffries, prosecutors said on Thursday.Chris...Reuters
Fri, Feb 6
Cryptocurrencies
XRP Social Sentiment Still Bullish While Bitcoin Mood Sours
Data shows social media users are still optimistic about XRP even as sentiment around Bitcoin and Ethereum has declined alongside the market downturn. XRP Positive/Negative Sentiment Is Still At A Notable Level In a new post on X, analytics firm Santiment has talked about how social media sentiment ...NewsBTC
Fri, Feb 6
Cryptocurrencies
Vitalik Buterin Cashes Out $6.6 Million In Ether After Early Signals
Reports say Vitalik Buterin moved a modest slice of his Ether over several days, and the trades drew quick attention. About $6.6 million in ETH changed hands across a short window. The way it was done mattered as much as the amount. Careful execution kept prices from being slammed by a single large ...Bitcoinist
Fri, Feb 6
Other
Iran, US to negotiate in Oman amid deep rifts and mounting war fears
Iran wants Friday's negotiations to focus on the nuclear issuesU.S. concerned over Iran's missiles, support for proxies Washington has significant naval buildup in the regionTalks follow bloody government crackdown on protesters in IranBy Parisa Hafezi, Steve Holland and Humeyra Pamuk DUB...Reuters
Fri, Feb 6
Commodities
PRECIOUS-Gold, silver set for weekly losses on tech selloff, stronger dollar
Silver up 0.4%; earlier climbed 3% after falling 10%Silver headed for second straight weekly loss, down 16%Spot gold set for weekly decline, down 1.4%Dollar holds at two-week high, set for best week since NovBy Ishaan Arora Feb 6 (Reuters) - Gold and silver rose on Friday, even as they headed for...Reuters
Fri, Feb 6
Stocks
Alphabet Just Delivered Great News for Nvidia Stock Investors
Key PointsAlphabet delivered solid results in its fourth quarter, touting strong returns from its AI investments. The company is doubling its capex this year to $175 billion-$185 billion.Nvidia is likely to receive a significant portion of that spend.10 stocks we like better than Nvidia › Alphabet (...The Motley Fool
Fri, Feb 6
Commodities
METALS-Copper heads for weekly fall on rising stocks, stronger dollar
Feb 6 (Reuters) - Copper is set to end a volatile week lower on Friday, as rising inventories and a stronger U.S. dollar pressured the market.The most-traded copper on the Shanghai Futures Exchange SCFcv1 declined 2.07% to 100,380 yuan ($14,463.98) a metric ton by 0310 GMT, and was set to end the we...Reuters
Fri, Feb 6
Stocks
Hims shares plunge after FDA threatens action on 'illegal copycat drugs'
Makary says FDA cannot verify safety of non-approved drugsComments come after Hims launches cheap GLP-1 weight-loss pillHims shares down 10% in after-hours tradingBy Carlos Méndez and Chris Thomas Feb 5 (Reuters) - The U.S. Food and Drug Administration (FDA) will take swift action against compani...Reuters
Fri, Feb 6
Stocks
REFILE-QUOTES-Reaction to the US-India tariff deal
SINGAPORE, Feb 3 (Reuters) - Indian stocks and the rupee are set for strong gains on Tuesday after a trade deal that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers.Here are some comments from investors and analysts...Reuters
Fri, Feb 6
Cryptocurrencies
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP sink to multi-month lows
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) slip to multi-month lows, erasing all gains since crypto-friendly candidate Donald Trump won the US presidential election in November 2024. BTC hits a low of $60,000 on Friday, while ETH nosedives to $1,750 and XRP to $1.11.
Stocks
Credit Corp Group on track for worst week in over 2 years on profit miss
Shares of Australia's Credit Corp Group CCP.AX fall as much as 3.8% to A$11.14Stock fell 19.6% on a weekly basis, set for its worst week since mid-October 2023Jefferies and Morningstar cut the financial services company's price target and fair value estimate after first-half earnings missed ...Reuters
Fri, Feb 6
Forex
EUR/USD strives to gain ground near 1.1770 on improving Fed dovish prospects
The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an improvement in speculation that the Federal Reserve (Fed) could cut interest rates in the March policy meeting
Fxstreet
Fri, Feb 6
