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Gen Digital raises annual revenue forecast on strong security software demand
By Zaheer KachwalaFeb 5 (Reuters) - Antivirus software provider Gen Digital GEN.O raised its annual revenue forecast for a third consecutive quarter on Thursday, signaling strong demand for its digital security services.A surge in the number of high-profile hacks has spurred consumers and enterprise...Reuters
Thu, Feb 5
Other
Amazon projects $200 billion in capital spending this year
Feb 5 (Reuters) - Amazon.com AMZN.O on Thursday joined its Big Tech peers in projecting massive capital expenditures in 2026, the freshest sign yet that tech companies will not be hitting the brakes on their hefty AI investments anytime soon.The company said it expects to invest about $200 billion i...Reuters
Thu, Feb 5
Other
Monolithic Power Systems Announces CFO Transition
Feb 5 (Reuters) - Monolithic Power Systems Inc MPWR.O:MONOLITHIC POWER SYSTEMS ANNOUNCES CFO TRANSITIONMONOLITHIC POWER SYSTEMS - BERNIE BLEGEN TO RETIRE AS CFO AFTER 2025 REPORTMONOLITHIC POWER SYSTEMS - BLEGEN TO REMAIN WITH MPS POST-RETIREMENT FOR TRANSITIONMONOLITHIC POWER SYSTEMS - ROB DEAN TO ...Reuters
Thu, Feb 5
Other
McGrath Announces Chief Executive Officer Succession
Feb 5 (Reuters) - McGrath RentCorp MGRC.O:MCGRATH ANNOUNCES CHIEF EXECUTIVE OFFICER SUCCESSIONMCGRATH RENTCORP - PHILIP B. HAWKINS APPOINTED AS CEO OF MCGRATH EFFECTIVE APRIL 2026MCGRATH RENTCORP - JOSEPH F. HANNA TO RETIRE AS CEO IN APRIL 2026Reuters
Thu, Feb 5
Commodities
BP's Whiting refinery workers prepare for potential strike as union talks falter
By Nicole JaoNEW YORK, Feb 5 (Reuters) - United Steelworkers is asking workers at BP's BP.L 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations with the British oil major that did not yield results.The co...Reuters
Thu, Feb 5
Stocks
US STOCKS-Wall Street ends sharply down as AI worries weigh
Estee Lauder drops after forecast misses estimatesAll eyes on Amazon results after markets closeInvestors sell AI-related stocksBy Noel Randewich Feb 5 (Reuters) - Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft MSFT.O, Amaz...Reuters
Thu, Feb 5
Cryptocurrencies
Bitcoin Hits Deep Demand As Liquidity Finally Sweeps The Lows
Bitcoin has finally swept the sell-side liquidity that had been building beneath the market, driving price into a deep demand zone where stronger buyers are expected to step in. With the downside move now largely complete, attention shifts to whether this level can spark a meaningful reaction or mar...NewsBTC
Thu, Feb 5
Cryptocurrencies
While Bitcoin And Ether Falter, XRP Optimism Stands Out: Analysts
XRP’s online mood is holding up even as prices slide, creating a split between what traders say and what markets are doing. Related Reading: Coinbase Escalates Fight With Australian Banks Over Crypto Bans XRP Social Mood Outpaces Peers According to Santiment, social chatter around XRP has a far high...Bitcoinist
Thu, Feb 5
Other
Venezuela amnesty law for jailed protesters passes first vote
Bill would allow exiles to return to countryAssets of those detained would be returnedPasses first of two votes in National Assembly Feb 5 (Reuters) - An amnesty law being considered in Venezuela's legislature that would grant immediate clemency to people jailed for participating in political...Reuters
Thu, Feb 5
Stocks
Why This Could Be a Buying Opportunity for AMD Stock
In today's video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. Where to invest $1,000 right now? Our analyst team just revealed what they believe ar...The Motley Fool
Thu, Feb 5
Other
EXCLUSIVE-Apartment owner Veris Residential being pushed to sell itself, sources say
Erez urges Veris to consider a saleSays sale could bring considerable premium to current stock priceErez' CIO has successfully sold a REIT before By Svea Herbst-Bayliss NEW YORK, Feb 5 (Reuters) - A large real estate investor wants high-end rental properties owner Veris Residential VRE.N to p...Reuters
Thu, Feb 5
Stocks
Developed Stability or Emerging Growth: How IEFA and SCHE Shape International Returns
Key PointsIEFA carries a slightly higher dividend yield and a larger assets under management (AUM) than SCHESCHE tilts toward technology and emerging markets, while IEFA focuses on developed markets and industrialsIEFA has delivered stronger risk-adjusted returns and a smaller drawdown over five yea...The Motley Fool
Thu, Feb 5
Other
US Postal Service reports $1.25 billion quarterly loss as it seeks reforms
WASHINGTON, Feb 5 (Reuters) - The U.S. Postal Service on Thursday reported a net quarterly loss of $1.25 billion as it faces ongoing liquidity concerns and renewed calls for reforms from Congress.Officials on Thursday called on lawmakers to reform the Postal Service Civil Service Retirement obligati...Reuters
Thu, Feb 5
Stocks
GLOBAL MARKETS-Equities sink with AI rout extended, bond yields dip, silver savaged further
Shares tumble with tech's AI angst deepeningShock Google spending plans feed AI jittersSterling drops as BoE sees 5-4 split on rates, ECB stays on holdSilver prices slump, Bitcoin hits lowest since November 2024By Sinéad Carew and Marc Jones NEW YORK/ LONDON, Feb 5 (Reuters) - MSCI's glob...Reuters
Thu, Feb 5
Stocks
2 "Magnificent Seven" Stocks to Buy at a Discount
Key PointsMicrosoft is still growing, but some analysts are concerned about its spending pace.Tesla is in the middle of reinventing itself.10 stocks we like better than Microsoft › The "Magnificent Seven" grouping of stocks has been nothing short of magnificent in recent years. They represent seven ...The Motley Fool
Thu, Feb 5
