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Mexico arrests mayor of Tequila for extorting distillers in alleged cartel scheme
MEXICO CITY, Feb 5 (Reuters) - Mexican authorities on Thursday arrested the mayor of the municipality of Tequila, birthplace of the agave spirit, for allegedly extorting major distillers in collusion with the Jalisco New Generation Cartel (CJNG).The case exposed the dangers firms face when operating...Reuters
Thu, Feb 5
Stocks
Climber Capital Sells $3.5 Million of First Trust Global Tactical Commodity Strategy ETF
Key PointsSold entire FTGC stake: a decrease of 144,878 shares, for an estimated transaction value of $3.46 million (based on quarterly average price).Quarter-end position value decreased by $3.46 million, reflecting both the trade and price movement.Position change represented approximately 2.3% of...The Motley Fool
Thu, Feb 5
Stocks
Prediction Markets Are Growing Across the United States. Here Are 3 Companies Tapping Into Their Popularity.
Key PointsDraftKings is using prediction markets to enter areas where sports betting isn't legal.Flutter Entertainment is using prediction markets to expand its FanDuel platform.Robinhood Markets is offering prediction markets to its young, digitally native customers.10 stocks we like better than Dr...The Motley Fool
Thu, Feb 5
Stocks
LIVE MARKETS-Buying opportunities seen in software stocks
Main US indexes red; Nasdaq off mostMaterials weakest S&P 500 sector; Utilities up the mostDollar edges up; gold down ~2%; crude down >2%; bitcoin down ~9%US 10-year Treasury yield slides to ~4.21%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You c...Reuters
Thu, Feb 5
Other
Merck veteran Perlmutter-led Eikon Therapeutics valued at $860 million in Nasdaq debut
By Atharva Singh and Arasu Kannagi Basil Feb 5 (Reuters) - Drug developer Eikon Therapeutics EIKN.O, headed by Merck veteran Roger Perlmutter, was valued at about $860.3 million after its shares opened 5.3% below their offer price in their Nasdaq debut on Thursday.The Millbrae, California-based c...Reuters
Thu, Feb 5
Stocks
Chip testing firm FormFactor surges to record high after quarterly results beat
Semiconductor testing equipment maker FormFactor FORM.O shares surging 18.3% to $84.64 and hit new record high on Thurs after Q4 results exceed analysts' expectationsFORM rises as much as 21.2% to $86.75, surpassing prior all-time intraday peak of $85.49 hit on Jan 22Livermore, California-based ...Reuters
Thu, Feb 5
Other
CF Bankshares gains after Q4 profit rise
Shares of lender CF Bankshares CFBK.O rise 3.21% to $32.43 Co posts net income of $5.7 million, or $0.88 per share, in the three months ended December 31, compared with $4.4 million, or $0.68 per share, a year earlierNet interest income rose 14% to $14.3 million, compared with $12.5 million a year a...Reuters
Thu, Feb 5
Other
Trump endorses Hungary's Orban for re-election ahead of April poll
WASHINGTON, Feb 5 (Reuters) - U.S. President Donald Trump on Thursday endorsed Hungarian Prime Minister Viktor Orban ahead of that country's April 12 election, calling his ally "a truly strong and powerful Leader" in a social media post. "Relations between Hungary and the United S...Reuters
Thu, Feb 5
Other
Argentina, US sign reciprocal trade and investment agreement
Feb 5 (Reuters) - Argentina and the United States signed a reciprocal trade and investment agreement, Argentina's Foreign Minister Pablo Quirno said on Thursday."Congratulations to our team and thanks to the U.S. Trade Representative's team for building this great agreement together,"...Reuters
Thu, Feb 5
Stocks
Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon
Trump's policies initially boosted crypto investments, now facing pressure from Fed changesStrategy's shares plummet, impacting earnings forecast for 2025Smarter Web Company shares fall nearly 18%, joining other struggling crypto firmsBy Hannah Lang Feb 5 (Reuters) - Turbulence in the cry...Reuters
Thu, Feb 5
Other
Ukraine's Zelenskiy: next round of talks on war settlement likely to take place in the US
Feb 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday the next round of talks on a settlement to the nearly four-year-old war with Russia was likely to take place in the United States."What can already be said is that the following meetings are planned in the near future. Li...Reuters
Thu, Feb 5
Stocks
Novo Nordisk, obesity firms drop on report of Hims Wegovy pill copy launch
Shares of Danish drugmaker Novo Nordisk NOVOb.CO and other obesity drug developers fall as Reuters reports that Hims and Hers Health HIMS.N is launching copies of Novo's Wegovy pill at an introductory price of $49 per monthNovo Nordisk's Denmark-listed shares closed down 8.3% at 279.50 Danis...Reuters
Thu, Feb 5
Stocks
Thomson Reuters reports fourth-quarter revenue rise, shares slip
Thomson Reuters forecasts 2026 revenue growth of 7.5% to 8%AI investments yield tangible benefits, says CEO HaskerGenerative AI 28% of Thomson Reuters contract value, says CFO By Kenneth LiNEW YORK, Feb 5 (Reuters) - Thomson Reuters TRI.TO reported higher fourth-quarter revenue on Thursday, boosted...Reuters
Thu, Feb 5
Other
Trump endorses Hungary's Orban for re-election ahead of April poll
WASHINGTON, Feb 5 (Reuters) - U.S. President Donald Trump on Thursday endorsed Hungarian Prime Minister Viktor Orban ahead of that country's April 12 election, calling his ally "a truly strong and powerful Leader" in a social media post.Reuters
Thu, Feb 5
Stocks
Why Arm Holdings Stock Was Climbing Today
Key PointsArm topped estimates on the top and bottom lines in its Q3 earnings report. The company warned that smartphone royalty growth could slow next year.Royalty rates continue to move higher is it invests in new technology.10 stocks we like better than Arm Holdings › Shares of Arm Holdings (NASD...The Motley Fool
Thu, Feb 5
Commodities
Europe Gasoline/Naphtha-Gasoline refining margins rise further
LONDON, Feb 5 (Reuters) - Northwest European gasoline refinery profit margins rose on Thursday by $1.45 to about $8.73 a barrel amid a selloff in underlying crude prices.About 13,250 metric tons of Eurobob E10 gasoline traded on barges in the Argus window, with Phillips 66, Sahara, and Shell selling...Reuters
Thu, Feb 5
