Debate over teen social media use grows in India
BusinessLine· 2026-02-06 10:38
Officials in India are publicly debating age restrictions for accessing social media, a potential fresh challenge to Big Tech in a massive market for users as global debate grows over online harms to children.Parliamentarian Lavu Sri Krishna Devarayalu, whose party is aligned with Prime Minister Narendra Modi’s, plans to introduce a private member’s bill in the coming months barring children under 16 from maintaining social media accounts. The aim is to ensure data privacy and protect children and adolescen ...
Stock Market Today: Dow Jones, S&P 500 Futures Advance After Sharp Sell-Off—Roblox, Amazon, Reddit, Strategy In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-06 10:33
U.S. stock futures advanced on Friday following Thursday's sharp sell-off. Futures of major benchmark indices were higher. Affirm Holdings Benzinga's Edge Stock Rankings indicate that AFRM maintains a weak price trend over the long, medium, and short terms, with a solid growth ranking. Meanwhile, President Donald Trump announced the launch of a new website aimed at bringing down drug prices. The website will offer consumers access to more affordable prescription medications. The January jobs report, which w ...
Stock Market Today: Dow Jones, S&P 500 Futures Advance After Sharp Sell-Off—Roblox, Amazon, Reddit, Strategy In Focus
Benzinga· 2026-02-06 10:33
Market Overview - U.S. stock futures advanced following a sharp sell-off, with major benchmark indices showing positive movement [1] - The 10-year Treasury bond yielded 4.20%, while the two-year bond was at 3.48%, indicating market expectations for interest rates [2] - Consumer discretionary, materials, and information technology stocks recorded the biggest losses, while consumer staples and utilities closed higher [7] Company Performance - Roblox Corp. (NYSE:RBLX) surged 14.41% after beating earnings estimates in its fourth-quarter report [4] - Amazon.com Inc. (NASDAQ:AMZN) dropped 8.39% in premarket trading after reporting mixed fourth-quarter results, maintaining a weaker price trend [5] - Reddit Inc. (NYSE:RDDT) jumped 11.22% after announcing better-than-expected fourth-quarter results and a strong sales forecast [5] - Strategy Inc. (NASDAQ:MSTR) increased by 6.98% after reporting fourth-quarter revenue and EPS that beat analysts' estimates [5] - Benzinga's Edge Stock Rankings indicate that RBLX, AMZN, RDDT, and MSTR maintain weaker price trends over various time frames [5][6] Economic Insights - Scott Wren from Wells Fargo Investment Institute maintains a resilient outlook for the U.S. economy, expecting steady growth and moderating inflation [8] - Key drivers for continued economic progress include the ability to weather volatility and market pullbacks being viewed as opportunities for increased exposure in sectors like Financials, Industrials, and Utilities [8] Commodities and Global Markets - Crude oil futures rose by 1.44% to around $64.20 per barrel, while Gold Spot increased by 1.72% to approximately $4,862.74 per ounce [10] - Bitcoin traded 7.86% higher at $65,760.87 per coin, reflecting positive sentiment in the cryptocurrency market [10] Global Market Performance - Asian markets closed mixed, with India's Nifty 50 and Japan's Nikkei 225 rising, while indices in Hong Kong, China, Australia, and South Korea fell [11] - European markets also showed mixed performance in early trading [11]
SMIN: No Major Incentive Yet To Turn Constructive
Seeking Alpha· 2026-02-06 10:32
Core Insights - The iShares MSCI Small-Cap ETF (SMIN) focuses on approximately 500 small-cap stocks from India, which is recognized as the fastest-growing G20 economy [1] - SMIN has a total size of $700 million and has been in existence for 14 years [1] Company and Industry Summary - SMIN targets small-cap stocks, indicating a focus on companies that may have higher growth potential compared to larger firms [1] - The ETF's emphasis on the Indian market highlights the investment opportunities within emerging economies, particularly in sectors that are expected to grow rapidly [1]
What's next for Rio Tinto and Glencore after $260 billion megamerger aborted
MarketWatch· 2026-02-06 10:32
Core Insights - The abandonment of merger talks between Rio Tinto and Glencore has led to a divided outlook among analysts regarding the future prospects of these companies in the context of critical minerals [1] Company Analysis - Analysts are now reassessing the potential of Rio Tinto and Glencore following the halted merger discussions, indicating a shift in market sentiment towards these companies [1] Industry Context - JPMorgan has characterized the current market environment as "the age of critical minerals," highlighting the growing importance of these resources in the investment landscape [1]
Warren Buffett's Successor Greg Abel Just Sold This Long-Time Berkshire Hathaway Holding
The Motley Fool· 2026-02-06 10:30
Investors are still waiting to see how Abel will manage the huge stock portfolio at Berkshire.Warren Buffett left new Chief Executive Officer Greg Abel with a mountain of a portfolio to manage when he stepped down from the position at the end of 2025. Berkshire Hathaway's (BRK.A 0.13%) (BRK.B +0.01%) marketable equity portfolio is valued at about $320 billion as of this writing, and the business has about $354 billion of cash to deploy on top of that. Many of the holdings in the portfolio are positions esta ...
Private Markets' AI Panic: When ‘Recurring Revenue' Isn't
WSJ· 2026-02-06 10:30
Core Viewpoint - Investors are becoming increasingly skeptical about private equity and loans that are based on the assumption of predictable outcomes [1] Group 1 - The skepticism among investors is driven by concerns over the reliability of projected returns in private equity investments [1] - There is a growing belief that the financial models used to predict outcomes may not be as dependable as previously thought [1] - This shift in sentiment could lead to a reevaluation of investment strategies within the private equity sector [1]
What to Know About a New $9 Million Bet on an Energy Distributor Stock
The Motley Fool· 2026-02-06 10:28
This energy sector distributor delivers maintenance, repair, and supply chain solutions to industrial clients across a global network.On February 5, Tejara Capital Ltd disclosed a new position in DNOW (DNOW +1.43%), acquiring 685,617 shares worth an estimated $9.08 million based on quarterly average pricing.What happenedAccording to a recent SEC filing dated February 5, Tejara Capital Ltd established a new position in DNOW, purchasing 685,617 shares during the fourth quarter. The quarter-end value of the po ...
7/2026・Trifork Group: Share-Based Incentive Program 2026
Globenewswire· 2026-02-06 10:28
Core Viewpoint - Trifork Group AG has initiated the First ELTIP 2026, granting restricted share units (RSUs) to select employees as part of its long-term share-based incentive program aimed at employee attraction and retention [1][2]. Group 1: ELTIP 2026a Details - The ELTIP 2026a involves the allocation of a total of 8,971 RSUs to 10 selected employees, calculated by converting bonuses based on the weighted average share price of DKK 89.68 from the last three trading days of 2025 [2]. - RSUs will vest over a three-year period, with one-third vesting each year, contingent upon the employee's continued employment or status as a good leaver [2]. - The program does not require the achievement of specific financial or non-financial targets for vesting, but compliance with the program's terms is necessary [2]. Group 2: Financial Implications - The total amount converted for RSUs is DKK 804,525.79 (approximately EUR 107,717), which determines the number of RSUs granted [2]. - Each vested RSU entitles the holder to receive one Trifork share, with the theoretical value being the market price at the grant date minus expected dividends [2]. Group 3: Company Overview - Trifork is a global technology company with 1,197 employees across 16 countries, focusing on advanced software solutions for various sectors including public administration and healthcare [3]. - The company emphasizes innovation through its R&D arm, Trifork Labs, which invests in high-potential technology companies [3].
APA Corporation Stock: The Great FCF Machine (NASDAQ:APA)
Seeking Alpha· 2026-02-06 10:27
APA Corp. ( APA ) has been one of the strongest performers in the O&G industry since I last reviewed it back in April 2025 . The company has posted a total return ofAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unloved for unjustified reas ...