General News

Latest news from around the World.


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Dow Jones & Nasdaq 100 Steady as Earnings and US PMI Data Take Focus

US stock futures steadied in Asian markets as yen weakness lifted sentiment, with traders eyeing ISM services data, Fed signals, and earnings ahead of the US session.

...keep reeding on fxempire.com

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Dow Jones And U.S. Index Outlook: Major Rotation Flows And Drops

Stock benchmarks diverge strongly in this morning's market action. US equity flows turn to traditional sectors after years of tech outperformance.

...keep reeding on seekingalpha.com

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Tech stocks and crypto sell off, Elon Musk's SpaceX acquires xAI in mega merger deal

Yahoo Finance breaks down the top financial stories of the day for February 3, 2026. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

...keep reeding on youtube.com

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Fed governor Stephen Miran said he resigned from his job as a top White House economic adviser, ending an unusual dual role he had held since he joined the central bank in September

Miran's resignation ends an unusual dual role he had held since he joined the central bank in September.

...keep reeding on wsj.com

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Opinion | The AI Stock Market Rout

A new Anthropic tool causes a selloff in software and other business-to-business service companies.

...keep reeding on wsj.com

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Investors are paying less and less for software earnings these days, says Jim Cramer

'Mad Money' host Jim Cramer talks today's decline in software stocks.

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Senate Banking Democrats demand delay on Warsh nomination until Powell and Cook investigations end

Senate Democrats on the Senate Banking Committee demanded that committee Chair Tim Scott hold up Kevin Warsh's nomination for Federal Reserve chief. The Democrats asked that Scott delay movement on Warsh's nomination until the Trump administration's investigations into both Fed Chair Jerome Powell and Governor Lisa Cook are concluded.

...keep reeding on cnbc.com

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Hardware Flies, Software Dies

Software stocks are getting slammed once again today as there appears to be no floor in the current thinking that AI will crush the software-as-a-service (SaaS) space. The average tech hardware stock in the S&P 1500 is up 57.3% over the last year, while semis are up roughly 50%.

...keep reeding on seekingalpha.com

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Fed's Stephen Miran resigns from White House post

Fed's Stephen Miran resigns from White House post

...keep reeding on cnbc.com

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AI disruption fears rock software stocks again. How Jim Cramer is navigating the sell-off

CNBC's Jim Cramer said the sell-off in software reflects a shift in how investors value future growth rather than a collapse in earnings. The "Mad Money" host said investors are being forced into a far more selective playbook.

...keep reeding on cnbc.com

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U.S. Stocks Fall as Tech Sells Off; Gold Gains | The Close 2/3/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Bridgewater Associates' Rebecca Patterson, 17Capital's Pierre-Antonie de Selancy, Wedbush Securities' Alicia Reese, Sperling Economic's Gene Sperling, USA Rare Earth's Barbara Humpton, Edward Jones' Mona Mahajan, Allspring Global's Abby Roach, Cleo Capital's Sarah Kunst, Constellation Research's Ray Wang, American Century's Rich Weiss, and TINKR's Tyler Cameron and Tate Madden.

...keep reeding on youtube.com

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What You Need to Know About the AI Models Rattling Markets

Rapidly expanding artificial-intelligence capabilities helped erase $300 billion in market value on Tuesday.

...keep reeding on wsj.com

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Mining's Bull Market Still Has Not Fully Arrived | Nicole Adshead-Bell

Mining companies are entering a new phase of the metals cycle marked by expanding margins, stronger balance sheets, and a growing gap between market prices and the assumptions still guiding corporate decisions, according to Nicole Adshead-Bell, director of Cupel Advisory.

...keep reeding on kitco.com

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Elon Musk's plans for SpaceX data centers in orbit could cost $5 trillion a year, analysts say

Analysts at research firm MoffettNathanson say ‘the capital needs would simply be enormous'

...keep reeding on marketwatch.com

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ETF Edge: Managing long-term risk amid a new Fed chair nominee, jobs data and market volatility

From a new Fed chair nominee to a hard turn to risk-off trading in some parts of the market - the broader landscape is rapidly changing for ETF investors. BondBloxx ETFs co-founder Joanna Gallegos and Strategas Securities technical strategist Todd Sohn sit down with CNBC's Dominic Chu to discuss this and much more on “ETF Edge.

...keep reeding on youtube.com

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Why Gartner and other IT stocks got slammed on Tuesday

Gartner says customers are “slowing and deferring everything possible” as they make sense of a shifting AI landscape.

...keep reeding on marketwatch.com

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Tuesday's Final Takeaways: Markets Pricing in Warsh & Metals Bounce Back

Sam Vadas and Alex Coffey talk about ways the markets are pricing in Kevin Warsh as the expected Fed Chair to replace Jerome Powell. They also discuss how geopolitical tensions offered a chance for gold and silver to rally and reclaim some of Friday's losses.

...keep reeding on youtube.com

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Tech Leads Stock Market Sell-Off as Jitters Flare Up on Wall Street

Markets were on edge as this year's software stock slump picked up steam.

...keep reeding on investopedia.com

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SpaceX acquires xAI in a deal projected to be worth $1.25 trillion

Elon Musk has confirmed that his private space company SpaceX (SPAX.PVT) will merge with his private AI developer xAI (XAAI.PVT) ahead of SpaceX's IPO planned later this year. This merger is projected to be worth up to $1.25 trillion as Musk hopes to develop data centers in space.

...keep reeding on youtube.com

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Wall Street expects Warsh to live with Fed's ‘bloated' balance sheet

Kevin Warsh, President Trump's pick as the next chair of the Federal Reserve, has long expressed a desire to shrink what he calls the central bank's “bloated” balance sheet. But doing so is not as easy as it might sound.

...keep reeding on marketwatch.com