Workflow
WSJ
icon
Search documents
Global Markets, U.S. Futures Falter on Precious-Metals Selloff
WSJ· 2026-02-02 09:34
Core Viewpoint - A selloff in precious metals has negatively impacted global markets, leading U.S. futures to decline alongside Asian and European equities at the European market opening [1] Group 1 - The selloff in precious metals has created a ripple effect, influencing market performance across different regions [1] - U.S. futures are following the downward trend observed in Asian and European stock markets [1]
Intesa Plans to Cut 6,100 Jobs by 2029 in Savings Push
WSJ· 2026-02-02 07:41
The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders. ...
Stock Market Today: Nasdaq Futures Fall, Metals Selloff Extends
WSJ· 2026-02-02 07:18
Core Viewpoint - Asian stocks experienced a pullback, reflecting broader market concerns and investor sentiment [1] Group 1: Market Performance - Major indices in Asia showed declines, with significant drops in key markets [1] - The pullback was influenced by global economic uncertainties and geopolitical tensions [1] Group 2: Investor Sentiment - Investor confidence has been shaken due to recent economic data and forecasts [1] - Concerns over inflation and interest rate hikes have contributed to the cautious outlook among investors [1]
Julius Baer Posts Expected Drop in Profit
WSJ· 2026-02-02 06:57
Core Insights - Julius Baer reported a significant decline in profits for 2025, attributed to a series of previously identified one-off events, including credit write-downs and the divestiture of its Brazilian subsidiary [1] Financial Performance - The company experienced a sharp drop in profits for the year 2025 [1] - The decline was influenced by specific one-off factors that had been flagged earlier [1] Strategic Actions - The sale of the Brazilian subsidiary was one of the key events impacting the financial results [1] - Credit write-downs also contributed to the overall profit decrease [1]
BlueScope Steel Open to Better Offers After Spurning $8.8 Billion Takeover Bid
WSJ· 2026-02-02 03:42
Core Viewpoint - BlueScope Steel is not currently in discussions with potential buyers Steel Dynamics and SGH, but the company is open to a takeover proposal that aligns with its expectations [1] Company Summary - The new chief executive officer of BlueScope Steel has indicated the company's openness to takeover proposals [1]
The Wild Markets Behind Polymarket's ‘Truth Machine'
WSJ· 2026-02-02 02:00
Core Insights - The company has successfully developed a crypto-based betting platform, achieving a valuation of $9 billion [1] - The U.S. Justice Department has decided to halt its investigation into the company, which may positively impact its operations and market perception [1] Company Summary - Shayne Coplan is the founder behind the crypto-based betting platform, indicating strong leadership and vision in the industry [1] - The platform's growth to a $9 billion valuation highlights significant market demand and potential for further expansion [1] Industry Summary - The decision by the Justice Department to shelve its probe reflects a potentially favorable regulatory environment for crypto-based businesses, which could encourage more investment and innovation in the sector [1]
Asian Currencies Mixed; Traders Digest Warsh's Nomination as Next Fed Chair
WSJ· 2026-02-02 00:52
Core Viewpoint - Asian currencies showed mixed performance against the dollar as traders reacted to Kevin Warsh's nomination as the next Federal Reserve Chair by President Trump [1] Group 1 - The nomination of Kevin Warsh is influencing market sentiment among traders [1] - The mixed performance of Asian currencies indicates varying reactions to the potential changes in U.S. monetary policy [1]
Oil Prices Fall Amid Signs of U.S.-Iran Negotiations
WSJ· 2026-02-02 00:02
Core Viewpoint - Oil prices experienced a decline in early Asian trading due to indications of U.S.-Iran negotiations that may alleviate supply-disruption risks [1] Industry Summary - The reduction in oil prices suggests a potential stabilization in the market, influenced by diplomatic efforts between the U.S. and Iran [1]
Gold Falls as Markets Further Price in Warsh-Led Fed
WSJ· 2026-02-01 23:49
Core Viewpoint - Gold prices are declining in the morning Asian session as markets adjust their expectations for a Federal Reserve led by Kevin Warsh [1] Group 1 - The decline in gold prices indicates a shift in market sentiment towards the Federal Reserve's monetary policy under Kevin Warsh's potential leadership [1]
Meet the Young Men Rushing Into Betting Markets
WSJ· 2026-02-01 15:00
Core Insights - A trader discusses his betting activities on a Discord channel, highlighting how his successful wagers contribute to covering living expenses such as rent [1] Group 1 - The trader's engagement in online betting reflects a growing trend among individuals using social media platforms for sharing investment strategies and outcomes [1] - The discussion on Discord indicates a community-driven approach to trading, where participants exchange insights and experiences [1] - The financial implications of the trader's wins suggest a potential shift in how personal finance and investment strategies are communicated and executed in the digital age [1]