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Stocks extend climb amid cautious trading
philstar60d ago

Stocks extend climb amid cautious trading

Investors extended the local stock exchange’s winning streak, closing the week on a positive note, but sentiments that monetary easing is nearing its end are starting to creep in.

#STOCKS
New drivers steering China equities
thestar_my60d ago

New drivers steering China equities

Despite the strong recovery in both onshore and offshore China equities over the past two years, investors have largely remained underweight, unconvinced that the stock market rally is sustainable. Read full story

#STOCKS
Vague Oman Talks Set Oil Up for Whiplash
oilprice60d ago

Vague Oman Talks Set Oil Up for Whiplash

U.S.–Iran nuclear talks in Oman cooled oil markets, pushing Brent back to $67 and setting up volatility as vague outcomes leave sentiment hostage to headlines. Friday, February 06, 2026 The start of US-Iran nuclear talks in Oman has had a placating effect on oil markets, with ICE Brent sliding back to $67 per barrel, set for a more than 5% weekly loss after a stellar string of gains in January. The complete vagueness of the meeting’s agenda and the lack of public commentary on the outcome thereof could amplify sudden price moves next...

#STOCKS
Century Properties eyes P5 billion from bond sale
philstar60d ago

Century Properties eyes P5 billion from bond sale

The Antonio family’s Century Properties Group Inc. (CPG) has obtained regulatory approval to raise up to P5 billion to fund the development of upscale and affordable projects.

#STOCKS
The Dark Side of AI Weighs on the Stock Market
gvwire60d ago

The Dark Side of AI Weighs on the Stock Market

A washout in the stocks of software companies has been flowing through Wall Street this week, as investors realized that the threat of artificial intelligence displacing businesses had arrived. While the prospect of AI disruptions has hung over the economy for years, a new set of tools released this week by a San Francisco startup [...]The post The Dark Side of AI Weighs on the Stock Market appeared first on GV Wire.

#CRYPTO
Bitcoin jumps 15% from the low as $60,000 holds
forexlive60d ago

Bitcoin jumps 15% from the low as $60,000 holds

You can always count on the big, round numbers.We've seen it before in bitcoin where it's all about the numbers with lots of zeros behind them. That was the case again today as bitcoin reached a low of $60,017 before embarking on an impressive rebound to $69,000, or 15%.The round numbers seem to work particularly well in bitcoin as there are few fundamentals to trade on. So instead, buyers look to hold levels and obvious numbers.For those who caught the bottom, it has been a nice return in less than a day but in perspective, bitcoin is down badly over the past four months.The good news is that the rally in bitcoin is coming with a bounce in stock markets. The bad news is that the Nasdaq is underperforming the bounce as it rises 0.7% compared to the 1% gain in the S&P 500 and 2.5% gain in the Russell 2000.Several of the Mag7 names continue to struggle including:AMZN -7.9%GOOG -3.0%META -2.4%All are among the worst performers in the major indexes today. On the flip side, Nvidia has surged 6.3% after days of selling. I'd argue that in 2024 and early 2025, its performance was most-closely correlated with bitcoin and crypto in general. That correlation broke more recently but it's not completely disconnected.As for crypto, there are the usual rumors of liquidation and that's likely to have been the case given the magnitude of the moves and the leverage often employed. To retrace yesterday's move, it would need to get back above $73K and that's a tall order. However if the bulls can muster it, that would be a very impressive reversal.We will watch closely into Friday's finish and through the weekend. This article was written by Adam Button at investinglive.com.

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Robinhood Stock Surges As Bitcoin Rebounds Above $68,000
biztoc60d ago

Robinhood Stock Surges As Bitcoin Rebounds Above $68,000

Robinhood Markets Inc (NASDAQ:HOOD) shares are surging Friday morning, driven by volatility in the broader crypto market. The surge follows a dip near the $60,000-level for Bitcoin (CRYPTO: BTC) late Thursday, before rebounding to the $68,000-level Friday.Here’s what investors need to...

#CRYPTO#STOCKS
Bitcoin falls again after week of heavy losses
tribuneonlineng60d ago

Bitcoin falls again after week of heavy losses

Bitcoin has extended its recent decline, posting fresh losses after a turbulent week for the world’s most widely...The post Bitcoin falls again after week of heavy losses appeared first on Tribune Online.

#CRYPTO#COMMODITIES
Strategy Shares Rally After Earnings Beat
biztoc60d ago

Strategy Shares Rally After Earnings Beat

Strategy Inc. (NASDAQ:MSTR) shares are trading higher Friday after the company reported better-than-expected fourth quarter financial results on Thursday after the market closed.Strategy shares are climbing with conviction. Why is MSTR stock surging?Quarterly Results, Bitcoin Holdings And...

#CRYPTO