Economic Data - U.S. industrial production increased by 0.7% month-over-month in January, surpassing market estimates of a 0.4% gain [2] - U.S. durable goods orders fell by 1.4% month-over-month in December, following a revised 5.4% gain in November [2] Market Performance - U.S. stocks settled higher, with the Dow Jones index gaining around 129 points to close at 49,662.66 [3] - The S&P 500 rose by 0.56% to 6,881.31, while the Nasdaq Composite increased by 0.78% to 22,753.63 during the session [3] - Most sectors on the S&P 500 closed positively, with consumer discretionary, energy, and information technology stocks recording the largest gains [3] - Real estate and utilities stocks closed lower, bucking the overall market trend [3] Market Sentiment - The CNN Money Fear and Greed index showed a current reading of 40.3, indicating a slight easing in fear compared to a prior reading of 37.8, remaining in the "Fear" zone [4]

Core Viewpoint - Short seller James Chanos has criticized the tech industry's initiative to develop orbital datacenters, highlighting that these space-based facilities would incur higher costs compared to traditional datacenters [1][2]. Group 1: Cost Analysis - Chanos stated that the annual electricity cost per megawatt (MW) for AI datacenters is approximately $600,000 [2]. - He noted that this electricity cost represents about 5-7% of revenues from recently announced deals [3]. - Additional costs associated with orbital datacenters, such as launch, radiation, insurance, and redundancy, would be significantly higher [3]. Group 2: Power Supply Insights - Chanos mentioned that while grid power permitting is a concern, it is being addressed, and actual power is abundant in the US, especially when energy companies collaborate with private power producers [4]. - He cautioned stakeholders in the sector to provide actual cost figures and savings when discussing the advantages of AI compute in space, urging skepticism towards the hype surrounding orbital datacenters [4]. Group 3: Regulatory Developments - The Federal Communications Commission (FCC) has invited SpaceX to comment on its plans for orbital datacenters, which involve deploying over 1 million Non-Geostationary Satellites (NSGO) at altitudes between 500-2000 km above Earth [5].

Core Insights - Remitly Global Inc. reported a significant increase in both quarterly and annual financial results, leading to a 20.87% surge in after-hours trading to $16.45 [1] Group 1: Q4 2025 Performance - Fourth-quarter revenue rose 26% year over year to $442.2 million, with adjusted EBITDA increasing 98% to $88.6 million [2] - The company achieved a net income of $41.2 million, reversing a net loss of $5.7 million from the previous year [2] - Active customers increased by 19% to 9.3 million, and send volume jumped 35% to $20.8 billion [2] Group 2: Full-Year 2025 Results - For the full year 2025, revenue rose 29% to $1.6 billion, and adjusted EBITDA nearly doubled, increasing 93% to $272.2 million [3] - Net income was reported at $67.9 million, compared to a net loss of $37 million in 2024 [3] - Send volume rose 37% to $74.9 billion, with operating cash flow reaching $325.1 million and free cash flow of $283.3 million [3] Group 3: Fiscal Year 2026 Guidance - For fiscal year 2026, Remitly Global guided total revenue of $1.94 billion to $1.96 billion, representing a year-over-year increase of 19% to 20% [4] - The company expects adjusted EBITDA to be in the range of $340 million to $360 million [4] Group 4: Leadership Transition - Co-founder Matt Oppenheimer will transition the CEO role to Sebastian Gunningham, effective Thursday [5] - Gunningham previously served as a senior vice president at Amazon and as chairman of Santander Consumer Finance [5] Group 5: Trading Metrics - Remitly Global has a market capitalization of $2.85 billion, with shares trading between $12.08 and $27.27 over the past 52 weeks [6] - The stock has dropped 47.47% over the past 12 months, indicating significant challenges in its long-term trend [6] - The stock closed at $13.61, up 4.05%, but has a negative price trend across all time frames [7]

Group 1 - Boxlight Corp. experienced a 23.85% increase in after-hours trading, reaching $1.61, following the disclosure of MD Ehsan Khan acquiring a 24.3% stake in the company's Class A common stock [1] - MD Ehsan Khan, a business technology consultant, purchased 231,000 shares for $600,600 using personal savings, and holds sole voting and dispositive power over these shares [2] - Anson Funds Management LP reported zero holdings in Boxlight's Class A common stock as of December 31, 2025, indicating a lack of investment interest from this hedge fund [3] Group 2 - Boxlight has a Relative Strength Index (RSI) of 39.14, with a market capitalization of $1.24 million, and its shares have seen a 52-week high of $60.90 and a low of $1.19 [4] - The stock has declined by 89.17% over the past 12 months and is currently very close to its annual low [4] - Boxlight's long-term downtrend suggests that any potential recovery would require clear confirmation before significant investor action is taken [5]

Core Insights - Binance co-founder Changpeng "CZ" Zhao expressed that he gained valuable insights from CFTC Chair Michael Selig's discussion at the World Liberty Forum [1][2] Group 1: CFTC Chair's Remarks - CFTC Chair Michael Selig indicated that previous administrations had discouraged the development of new tools, but his agency is now prepared to collaborate with both established and new market participants, as well as embrace both old and new technologies [3] - Selig has recently supported American prediction markets and committed to defending the industry against state regulators [3] Group 2: Event Highlights - The World Liberty Forum featured discussions on the intersection of traditional banking and cryptocurrency, with Solomon arguing that they are not in a zero-sum competition, highlighting tokenization as essential for the financial industry's growth [4] - Celebrity rapper Nicki Minaj participated in a fireside chat discussing music and culture at the event [4] - The World Liberty Financial token was trading at $0.1176, reflecting a 2.12% increase in the last 24 hours [4]

B2Gold Corp. (NYSE:BTG) shares are trending on Wednesday night.Shares of the Canada-based company fell 8.92% to $4.90 in after-hours trading Wednesday after it released its fourth-quarter and full-year 2025 results.Q4 2025 ResultsFor the quarter ended Dec. 31, 2025, B2Gold reported that gold revenue totaled $1.05 billion, based on sales of 283,490 ounces at an average realized price of $3,718 per ounce.Fourth-quarter net income attributable to shareholders totaled $171 million, or $0.13 per share.The gold p ...

Cryptocurrency Market Overview - Leading cryptocurrencies experienced weakness, with Bitcoin fluctuating between the high $65,000s and low $68,000s, while Ethereum remained under $2,000 with low volatility [2][3] - The global cryptocurrency market capitalization decreased by 1.91% to $2.32 trillion [4] - Over $220 million was liquidated from the market in the last 24 hours, primarily from long positions [2] Market Sentiment and Trends - Bitcoin's open interest rose by 1.31%, indicating a potential buildup of short positions and reflecting bearish sentiment in the market [3] - The Crypto Fear & Greed Index indicated an "Extreme Fear" sentiment prevailing among investors [3] Stock Market Performance - Stocks rallied sharply, with the Dow Jones Industrial Average increasing by 129.47 points (0.26%) to close at 49,662.66, and the S&P 500 rising by 0.56% to 6,881.31 [5] - Defense-related stocks saw significant gains following reports of the Trump administration moving closer to a military operation against Iran, with SPDR S&P Aerospace & Defense ETF and Global X Defense Tech ETF closing up 1.76% and 2.56%, respectively [5][6] Precious Metals Market - Precious metals remained range-bound, with spot gold trading down 0.33% at $4,961 per ounce and spot silver down 0.74% at $76.61 per ounce [6] Analyst Predictions for Bitcoin - Analysts are divided on Bitcoin's future, with some forecasting further declines to at least $51,000, while others anticipate a significant upward movement following a period of low volatility [7] - One analyst expressed intentions to buy heavily if prices dip, while planning to take profits if Bitcoin tests the $80,000-$85,000 range [8]

Market Overview - Major U.S. indices closed higher, with the Dow Jones Industrial Average rising 0.26% to 49,662.66, the S&P 500 advancing 0.56% to 6,881.31, and the Nasdaq climbing 0.78% to 22,753.63 [1] Carvana Co. (NYSE:CVNA) - Carvana shares rose 3.02% to close at $361.53, with an intraday high of $366.26 and a low of $339.15; however, the stock crashed nearly 15% to $307.70 in after-hours trading [1] - Carvana reported strong fourth-quarter results, with revenue rising 58% year-over-year to $5.60 billion, exceeding the $5.26 billion consensus estimate, and sold 163,522 vehicles, up 43% from a year ago [2] - Adjusted EBITDA reached $511 million with a 9.1% margin, reflecting improved unit economics despite a sequential dip in profitability [2] Figma Inc. (NYSE:FIG) - Figma shares rallied in extended trading after delivering strong fourth-quarter results, reporting EPS of 8 cents, surpassing the 7-cent estimate, and revenue rose to $303.78 million from $216.95 million a year earlier, ahead of the $293.15 million consensus [3] - Looking ahead, Figma guided first-quarter revenue of $315 million to $317 million, well above estimates, and projected full-year fiscal 2026 revenue of $1.37 billion to $1.374 billion, reinforcing confidence in continued growth [4] DoorDash Inc. (NASDAQ:DASH) - DoorDash posted EPS of 48 cents, below the 60-cent consensus, while revenue of $3.96 billion came in just shy of the $3.99 billion estimate, though significantly up from $2.87 billion a year ago [5] - For the first quarter, DoorDash expects marketplace GOV between $31 billion and $31.8 billion and adjusted EBITDA of $675 million to $775 million, as investors weigh continued growth against the earnings miss [5] Occidental Petroleum Corporation (NYSE:OXY) - Occidental Petroleum shares rose 2.55% to $47.11, with an intraday high of $47.43 and a low of $46.26; in after-hours trading, the stock rose 2.95% to $48.50 [6] Rackspace Technology Inc (NASDAQ:RXT) - Rackspace announced a strategic partnership with Palantir Technologies, leading to a dramatic rally as the company aims to enhance its deployment of Palantir's Foundry and AI Platform [7]

Here's a look at the details from the quarter. TAP stock is moving. Watch the price action here.The Details: Molson Coors reported quarterly earnings of $1.21 per share, which beat the consensus estimate of $1.16, according to data from Benzinga Pro.Quarterly revenue came in at $2.66 billion, which missed the Street consensus estimate of $2.72 billion and was down from $2.74 billion in the same period last year.Net sales decreased 2.7% reported and 4% in constant currency, and underlying (Non-GAAP) income b ...

Group 1 - Nouriel Roubini predicts U.S. GDP could approach 4% by the end of the decade, driven by a technology revolution rather than fiscal stimulus or deregulation [1] - Roubini estimates that productivity gains from technology could increase U.S. potential growth by 200 basis points, while tariffs and immigration policy could drag it down by 50 basis points, emphasizing that "Tech trumps tariffs" [2] - Prediction markets show skepticism about Roubini's optimistic GDP growth forecast, with a 24% chance of recession by the end of 2026 and only a 6% probability of growth exceeding 4% in 2026 [3] Group 2 - Roubini warns that the benefits of AI and automation may lead to a decrease in labor's share of income, resulting in a collapse of aggregate demand as workers lose purchasing power [4] - He suggests that Universal Basic Income may become necessary as a solution to manage permanent structural unemployment, indicating a need to redistribute wealth from winners to losers to avoid potential social unrest [5] - If Roubini's predictions hold true, a 2% productivity boom could justify capital expenditures and present current market selloffs as buying opportunities [6]