February 2026 - Page 9 of 11

Novo Nordisk Shares Bounce Back as FDA Signals Crackdown on Drug Copycats

According to sources familiar with the matter, raising hopes of a pivotal shift after years of intense compliance efforts. Lifting the orders would mark a major strategic turning point, allowing the bank

06/02/2026

Economy

Citigroup Nears End of Long-Running Consent Orders, Eyes Growth Pivot

According to sources familiar with the matter, raising hopes of a pivotal shift after years of intense compliance efforts. Lifting the orders would mark a major strategic turning point, allowing the bank

06/02/2026

Finance

Amazon Shares Slide as Big Tech’s AI Spending Spree Rattles Investors

Amazon shares fell nearly 8% in premarket trading on Friday, as the company’s aggressive capital expenditure plans intensified investor concerns over Big Tech’s surging AI investment cycle. Industry-wide spending on artificial intelligence

06/02/2026

Finance

U.S. Equity Fund Inflows Slow as Tech Rout Dents Risk Appetite

U.S. equity fund inflows eased in the week to February 4, as a selloff in technology and software stocks tempered investor appetite, despite strong corporate earnings offering pockets of support. According to

06/02/2026

Technology

Anthropic Unveils Claude Opus 4.6 as AI Fears Hit Software Stocks

Anthropic on Thursday released an upgraded artificial intelligence model, just days after rapid AI advances helped trigger a selloff across traditional software stocks. Anthropic said the latest release can handle longer and

06/02/2026

AI

Bitcoin Rebounds From $60,000 Test as Market Pressure Eases

Bitcoin rebounded on Friday after briefly testing the key $60,000 level, as a global selloff in technology stocks that had punished risk assets showed tentative signs of easing. Despite the bounce, bitcoin

06/02/2026

Crypto

Bitcoin Slides Below $70,000 as Hawkish Fed Fears Deepen Crypto Rout

Bitcoin sank below the critical $70,000 threshold on Thursday, extending a sharp selloff that has erased gains accumulated since the 2024 U.S. election. The world’s largest cryptocurrency fell as much as 3.8%

05/02/2026

Crypto

Europe Wobbles After Tech Selloff as Silver Suffers Fresh Rout

Global markets fell on Thursday as investors grappled with soaring AI costs and renewed pressure on technology stocks, while Europe braced for key central bank decisions and silver endured another brutal selloff.

05/02/2026

Economy

Reliance Secures 2M Barrels of Venezuelan Oil in First Deal in Nearly a Year

Reliance Industries has purchased 2 million barrels of Venezuelan crude oil from trader Vitol, trade sources confirmed, marking the company’s first such buy in about a year. The cargo is set for

05/02/2026

Economy

US Unveils Strategy to Curb China’s Grip on Critical Minerals

The United States has launched a new initiative to reshape global trade in critical minerals, aiming to reduce reliance on China and secure supplies essential for technologies ranging from smartphones to advanced

05/02/2026

Economy