Sensex tumbles over 500 pts, Nifty set to snap 3-day gaining streak. 5 triggers behind the decline
The Economic Times· 2026-02-05 08:43
The BSE Sensex slipped as much as 568 points or 0.6% at 83,250, while the Nifty 50 declined 173 points, or 0.6%, to the day's low of 25,603. Here are 5 factors behind the fall on February 5. 1.) Metal selloffMetal stocks were among the top losers, with the sectoral index falling 1.5% as global metal prices declined. The drop came amid a stronger dollar, which made commodities more expensive for holders of other currencies. In today’s session, metal majors such as Vedanta, Hindustan Copper, NALCO, 2.) Profi ...
Amgen Hits 52-Week Highs: Buy Signal?
Investing· 2026-02-05 08:43
Market Analysis by covering: Amgen Inc. Read 's Market Analysis on Investing.com ...
SANY Marine und CEA schließen in Australien eine strategische Partnerschaft für Teleskoplader und Materialumschlag
Prnewswire· 2026-02-05 08:43
Die Maschinen von SANY sind bekannt für ihre Langlebigkeit, Energieeffizienz sowie die Integration intelligenter Technologien und entsprechen damit der steigenden Nachfrage Australiens nach nachhaltigen, leistungsstarken Lösungen für den Materialumschlag. "Die Partnerschaft mit CEA ist ein strategischer Meilenstein für die globale Expansion von SANY Marine", sagte Herr Jeff Fu, Direktor der SANY Group. "CEA ist stolz darauf, mit Marken zusammenzuarbeiten, die unsere lokalen Kundenbedürfnisse verstehen, hoch ...
TSMC Needs to Make More Advanced Chips. Why It's Turning to Japan.
Barrons· 2026-02-05 08:40
Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is under pressure to enhance its capacity for producing advanced chips and is planning to manufacture them in Japan for the first time [1]. Group 1: Company Strategy - TSMC is the dominant manufacturer of high-end chips and is responding to increasing demand by expanding its production capabilities [1]. - The decision to establish manufacturing in Japan marks a significant strategic shift for TSMC, indicating its commitment to meeting global chip demand [1]. Group 2: Industry Context - The semiconductor industry is experiencing heightened demand for advanced chips, prompting leading manufacturers like TSMC to explore new production locations [1]. - TSMC's move to Japan reflects broader trends in the semiconductor sector, where companies are diversifying their manufacturing bases to mitigate risks and enhance supply chain resilience [1].
SBI raises $1 billion from MUFG via social loan
The Economic Times· 2026-02-05 08:39
The public sector lender plans to deploy the funds to lend to women or businesses helmed by women, documents accessed by ET showed. Social loans are either raised for specific purposes or the liabilities raised are matched to loans already given for specific purposes.“The five-year loan was raised through the Gift City branch of MUFG and priced at 90 basis points above the three-month SOFR (secured overnight financing rate), a tighter pricing compared to what SBI’s peer HDFC had raised $1 billion through a ...
Nasdaq 100: Tech Rebound Lifts US Indices Today as Traders Weigh Alphabet Forecast
FX Empire· 2026-02-05 08:39
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website includes information about cryptocurrencies, CFDs, and other financial instruments, highlighting their complexity and high risk of losing money [1]. - Users are encouraged to conduct their own research and fully understand the risks involved before investing in any financial instruments [1].
Sweden's Volvo Cars on track for worst trading day ever as shares plunge over 19%
CNBC· 2026-02-05 08:35
Group 1 - Shares of Volvo Cars fell by 19.5% on Thursday morning, marking the company's worst trading day ever [1] - The decline in stock price is attributed to a significant drop in fourth-quarter profit [1] - Contributing factors to the profit drop include tariffs, currency effects, and weak demand [1]
Nasdaq sinks for second day as AI jitters prompt massive tech sell-off
Youtube· 2026-02-05 08:32
Group 1: Market Overview - The NASDAQ has experienced back-to-back losses exceeding 1% for the first time since April, with nearly a trillion dollars lost in technology, chipmakers, and services stocks due to investor concerns over AI impacts [2] - Alphabet has indicated it may more than double its AI spending this year, following its first annual revenue surpassing $400 billion [2][15] Group 2: Shell's Financial Performance - Shell's fourth-quarter adjusted earnings slightly missed expectations, coming in at over $3.26 billion, with a $3.5 billion share buyback program announced [49][52] - The company reported an adjusted EBIT of $12.8 billion, slightly below the estimate of $13.1 billion, and a fourth-quarter dividend yield of 3.76% [6][7] - Corporate adjusted earnings are expected to be a net expense of around $400 to $600 million in the first quarter [5] Group 3: Alphabet's Growth and AI Strategy - Alphabet's revenue for the fourth quarter reached nearly $114 billion, with net income rising nearly 30% to $34.5 billion, and a potential capex increase to $185 billion to support AI product demand [15][16] - The Gemini app has achieved over 750 million monthly active users, reflecting significant growth and engagement [16][19] - The cloud computing division is growing at 48%, with a backlog up 55% quarter-over-quarter [19] Group 4: Shipping Industry Insights - The shipping division is facing normalization challenges, with a downward trend in prices expected to impact earnings in 2026 [29][30] - The CEO of a shipping company noted that while the shipping market is normalizing, the rest of the business is performing strongly [30] - There is a concern about overcapacity in the shipping industry, with new vessels being added ahead of demand [46]
Mitsubishi Electric: Bullish About Q3 Outperformance And ROE Improvement Potential
Seeking Alpha· 2026-02-05 08:31
Core Insights - MIELY's 3QFY26 operating profit significantly exceeded expectations, leading to an upward revision of its full-year guidance, indicating strong performance and confidence in the firm's return on equity [1] Group 1: Company Performance - MIELY's operating profit for the third quarter of FY26 was a substantial beat, showcasing the company's robust financial health [1] - The upward revision of MIELY's full-year guidance reflects positive growth prospects and management's confidence in future performance [1] Group 2: Investment Focus - The research service Asia Value & Moat Stocks targets value investors looking for Asia-listed stocks with significant discrepancies between market price and intrinsic value, emphasizing deep value balance sheet bargains and wide moat stocks [1] - The service provides a range of watch lists with monthly updates, focusing on investment opportunities in the Hong Kong market [1]
Zelluna ASA: Invitation to Fourth Quarter 2025 Results Webcast Presentation
Globenewswire· 2026-02-05 08:30
Core Viewpoint - Zelluna is set to present its fourth quarter 2025 results on February 12, 2026, highlighting its focus on pioneering T-cell receptor-based natural killer therapies for cancer treatment [1] Group 1: Company Presentation - The webcast presentation will be available live on the company's website at 08:30 CET on February 12, 2026 [1] - A recording of the webcast will be accessible on the company's website after the event, allowing participants to submit questions during the presentation [1] Group 2: Financial Reporting - The quarterly report and presentation materials will be published on the company's website at 07:00 CET on the same day as the presentation [2]