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Stocks
Harel Insurance Sold $330 Million of Invesco KBW Bank ETF
Key PointsSold 4,177,000 shares of KBWB; estimated transaction value approximately $330 million (based on quarterly average price).Quarter-end position value declined by $327 million, reflecting share sale and price movement.Represents a 2.9% change in 13F reportable assets under management (AUM).Po...The Motley Fool
Thu, Feb 5
Stocks
FACTBOX-Macquarie hikes gold forecasts for 2026
Feb 5 (Reuters) - Macquarie Group raised its average gold price forecasts for the first- and second-quarter and full-year on Thursday, but said it would wait to revise longer‑term expectations due to a disconnect between market fundamentals and extreme volatility.The bank lifted its average first-qu...Reuters
Thu, Feb 5
Other
World Economic Forum investigates its CEO over Epstein links
By John RevillZURICH, Feb 5 (Reuters) - The World Economic Forum has launched an independent investigation into its CEO Borge Brende to clarify his relationship with sex offender Jeffrey Epstein, the organisation said on Thursday.The Geneva-based organiser of the Davos summit said it was looking int...Reuters
Thu, Feb 5
Other
Anthropic releases AI upgrade as market punishes software stocks
Anthropic's Claude Opus 4.6 handles bigger prompts than Opus 4.5AI advancements trigger selloff in traditional software stocksIndustry leaders argue AI won't crush older software companiesBy Jeffrey Dastin SAN FRANCISCO, Feb 5 (Reuters) - Technology startup Anthropic on Thursday launched ...Reuters
Thu, Feb 5
Commodities
Phillips 66 to lay off 277 workers as Los Angeles refinery winds down
By Nicole Jao NEW YORK, Feb 5 (Reuters) - Phillips 66 PSX.N is set to lay off 277 employees as operations at the 139,000-barrel-per-day Los Angeles-area refinery wind down ahead of closure, filings to California's employment regulator show.The Houston-based refiner will terminate 122 employee...Reuters
Thu, Feb 5
Cryptocurrencies
Microsoft downgraded by Stifel amid Azure slowdown and AI spending concerns
Microsoft just got downgraded by Stifel, sending the stock straight into the red. The rating dropped from “buy” to “hold” after analyst Brad Reback told clients he thinks Wall Street is way too confident about where things are going. He said the expectations for 2027 are “too optimistic,” and warned there’s no solid reason to […]Cryptopolitan
Thu, Feb 5
Stocks
Tesla's Game-Changing Model S Is Being Discontinued -- Here's Why it Matters
In the history of electric vehicles, no model has been more transformative to the entire auto industry than the Tesla (NASDAQ: TSLA) Model S. However, Tesla recently announced that the Model S and Model X will be discontinued, and the factory where they're produced will be repurposed. In this short ...The Motley Fool
Thu, Feb 5
Forex
EXCLUSIVE-ECB to widen access to euro loans in bid to boost global role, sources say
Liquidity lines seen as key tool to boost euro's global reachECB wants to make repo lines more attractive to central banksBy Francesco Canepa and Balazs Koranyi FRANKFURT, Feb 5 (Reuters) - The European Central Bank is working on opening up access to euro liquidity to more countries, making i...Reuters
Thu, Feb 5
Other
Novo Nordisk CEO says Hims $49 compounded Wegovy pill a 'waste' of money
US-based Hims and Hers to launch cut-price copy of WegovyNovo Nordisk shares drop 8% on the newsNovo CEO says body can't properly absorb the Wegovy copyHim and Hers says its technology supports absorptionBy Maggie Fick LONDON, Feb 5 (Reuters) - Novo Nordisk NOVOb.CO CEO Mike Doustdar was in a...Reuters
Thu, Feb 5
Other
Olympics-Biathlon-300 million fans in our sights, says biathlon chief ahead of Milano Cortina Games
Biathlon aims for 300 million fans during 2026 Winter GamesAudiences growing in France, Finland, Poland, Italy, and the USUS biathlete Campbell Wright seen as potential Olympic medallistBy Philip O'ConnorANTERSELVA, ITALY, Feb 5 (Reuters) - The sport of biathlon is experiencing a surge of popula...Reuters
Thu, Feb 5
Commodities
HIF Global eyes significant capex savings on $4 billion Brazil hydrogen plant
By Oliver GriffinSAO PAULO, Feb 5 (Reuters) - HIF Global expects significantly lower costs for its green-hydrogen plant in Brazil and hopes to secure financing for the first of four planned modules in the middle of next year, the company's Latin America chief executive said on Thursday. The e-fu...Reuters
Thu, Feb 5
Stocks
Bob's Discount Furniture valued at $2.22 billion as shares open flat in NYSE debut
Feb 5 (Reuters) - Shares of Bob's Discount Furniture BOBS.N, backed by private equity firm Bain Capital, opened flat in their New York Stock Exchange debut on Thursday, valuing the home furnishings retailer at $2.22 billion.Reuters
Thu, Feb 5
Other
SelectQuote slides after lowering FY26 guidance
Shares of insurance comparison platform SelectQuote SLQT.N fall 23% to $1.1Co now expects FY26 revenue between $1.61 billion and $1.71 billion from a prior range of $1.65 billion to $1.75 billionCo says fiscal 2026 guidance impacted by a national carrier's decision to limit Medicare Advantage po...Reuters
Thu, Feb 5
Stocks
Can Nio Stock Beat the Market Over the Next Decade?
Key PointsNio has never reported a profitable quarter in its 11-year history and still has high net losses.Waning demand in the EV industry due to the rollback of subsidies and a highly competitive industry limit Nio's opportunity to expand margins.Tariffs remain a big risk, and if Mexico doesn't re...The Motley Fool
Thu, Feb 5
