Workflow
Amazon shares tumble as $200B AI spending spree rattles investors
New York Post· 2026-02-06 00:43
Amazon on Thursday projected a surge of more than 50% in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, and sending its shares down 9% in after-hours trading.It is the latest sign that Big Tech will not be hitting the brakes any time soon on hefty AI investments. Amazon shares closed down 4.4% during regular trading as worries deepened about the enormous cost of the artificial-intelligence boom.The top four hyperscalers – Amazon, Mi ...
Amazon learns a tough lesson in a market bailing on tech. Why we must be patient
CNBC· 2026-02-06 00:42
Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management's current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled by LSEG. Earnings per share based on generally accepted accounting principles (GAAP) increased 5% to $1.95, missing th ...
Oil extends decline ahead of US-Iran talks
Reuters· 2026-02-06 00:40
U.S. crude futures extended their decline on Friday, on track for their first weekly drop in weeks, as concerns of supply disruption in the Middle East eased with investors focusing on the outcome of ... ...
Market Indexes Scuba Dive on "Risk-Off" Fears
ZACKS· 2026-02-06 00:37
Key Takeaways Market Indexes Remained "Risk Off" on Myriad ConcernsAmazon Beats Earnings, but Spooked Investors on Huge CapExOther Key Reports This Afternoon Include Roblox and AffirmThursday, February 5th, 2026Market indexes scuba-dived today: went below the surface and stayed there, across the board. Bitcoin, metals and apparently equities are all being painted with the same quivering-hand brush. The Dow shed -592 points, -1.20%, the S&P 500 was -84, -1.23%, the Nasdaq -363, -1.59% and the small-cap Russe ...
United Steelworkers (USW) Local 1123 Ratify Four-Year Contract with Metallus
Prnewswire· 2026-02-06 00:37
CANTON, Ohio, Feb. 5, 2026 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, today announced that its employees who are members of United Steelworkers (USW) Local 1123 have voted in favor of a new four-year contract. "We are pleased to have reached a mutually beneficial contract that reflects the dedication of our workforce and the company. We thank our employees and union partners for their constructive engagement through ...
Woo or sue: media giant lays out AI theft defence
Michael West· 2026-02-06 00:35
Global media giant News Corporation continues to build a moat around its media assets against the theft of intellectual property by big artificial intelligence tools hungry for data and content.Chief executive Robert Thomson, an Australian, responded on Friday to concerns in the US about the AI threat to legacy media outlets in the information and news space.There was a misconception about AI’s impact on News Corp, which owns multiple major media mastheads in Australia, he told analysts in an earnings call. ...
Yimutian Announces Preliminary Acquisition Agreement with Premium Camellia Oil Producer Jiufeng Agriculture
Globenewswire· 2026-02-06 00:35
Strategic Expansion into High-Value Consumer Markets via AI-Driven Vertical IntegrationBEIJING, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Yimutian Group (“Yimutian” or the “Company”), a leading digital agriculture platform in China, announced that it has entered into a preliminary acquisition agreement with Hunan Jiufeng Agriculture Co., Ltd. (“Jiufeng Agriculture”), a well-established producer of premium camellia oil products. The proposed transaction represents a strategic shift for Yimutian as it builds an integ ...
KLAR IMPORTANT DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KLAR
Globenewswire· 2026-02-06 00:34
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Klarna Group plc (NYSE: KLAR) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Klarna’s September 2025 initial public offering (the “IPO”), of the important February 20, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you pur ...
Amazon Q4: Mixed Report, Scary Guide, But Now A Buy (Rating Upgrade)
Seeking Alpha· 2026-02-06 00:33
Despite beating top-line estimates, Amazon, Inc. ( AMZN ) stock is trending lower by ~8% in the immediate aftermath of its Q4 2025 report, with a tiny earnings miss and an eye-popping CAPEX guide for 2026, apparently sending investors scrambling for cover:"We're in an asset bubble, and TQI can help you navigate it profitably"I am Ahan Vashi, a seasoned investor with professional background in equity research, private equity, and software engineering. I currently serve as the Chief Financial Engineer at The ...
Trump Ally Mullin Buys 10 Stocks, Including These $5 Billion Companies You've Probably Never Heard Of
Benzinga· 2026-02-06 00:31
• VSE stock is holding steady today. What’s ahead for VSE stock?Mullin Bets on Small-Cap/Mid-Cap StocksMullin reported the purchase of 10 stocks in a new disclosure, according to the Benzinga Government Trades page. The stock purchases were all made on Jan. 5, 2026, with Mullin reporting two purchases of $15,000 to $50,000 of each of the 10 stocks. Here are the stocks and their market capitalizations:  A quick glance at the stocks bought by Mullin shows that the majority trade with market capitalizations u ...