A new AI tool from Anthropic sparked a broad sell-off in tech stocks, dragging down sector leader Nvidia. CEO Jensen Huang pushed back against fears of software obsolescence, calling the market reaction 'illogical'.
Nvidia CEO Jensen Huang predicts the AI revolution will fuel a historic infrastructure build-out, creating high-paying jobs for skilled trades. While wage growth is already evident, experts caution the sustainability of this boom hinges on addressing deep-seated labor shortages and long-term economic shifts.
UnitedHealth Group, already navigating a turbulent period, confronts a new challenge as federal regulators propose a near-flat payment increase for Medicare Advantage plans in 2027, threatening a key revenue driver for the healthcare giant.
Amidst a cautious market environment shaped by RBA rate hikes and global tech volatility, a closer look reveals resilient opportunities. We examine three ASX-listed penny stocks—from biotech to mining—that are navigating the headwinds with distinct strategies and potential.
Bitcoin fell below $73,000 on Feb. 4, 2026, reaching its lowest level since April 2025 and triggering a double-digit selloff in major mining stocks. The decline extends a four-month retreat from all-time highs, pressured by large holder sales and waning mining profitability.
Bitcoin prices fell sharply after Treasury Secretary Scott Bessent clarified the U.S. government lacks authority to direct bank rescues for cryptocurrency firms, amplifying existing market pressures and bearish sentiment.
Despite a significant pullback erasing post-election gains, analysts point to potential regulatory clarity and monetary policy as keys to Bitcoin's next major surge.
The crypto asset manager has launched seven model portfolios, leveraging both proprietary and third-party ETFs, to provide financial advisors with structured pathways for client exposure to digital assets.
Powell Industries (NYSE: POWL) reported mixed Q4 2025 results, with revenue slightly missing estimates but earnings beating expectations. The company's outlook remains robust, driven by a record order backlog extending into 2028, with significant momentum in data center and liquefied natural gas (LNG) infrastructure projects.
Horace Mann Educators posted a 6.3% year-over-year revenue increase to $434.8 million in Q4 2025, though it slightly missed top-line estimates. Earnings per share of $1.21 edged past consensus. The insurer's push into new markets and partnerships fuels growth, but management warns of returning catastrophe costs and inflationary pressures ahead.
Prudential Financial met Q4 revenue targets with an 11.6% sales increase, but earnings fell short. A voluntary sales suspension in Japan and persistent asset management outflows are set to pressure 2026 earnings, despite robust performance in core U.S. insurance operations.
As Oracle races to meet a massive $300 billion cloud deal with OpenAI, a TD Cowen report suggests the tech giant may resort to selling assets and cutting tens of thousands of jobs to finance its costly data center build-out, raising questions about its stock's trajectory.
As Bitcoin struggles to hold the $73,000 level, decentralized prediction platform Polymarket shows traders are betting heavily on a further drop to $65,000 this year, reflecting a stark shift in sentiment from earlier bullish forecasts.
A British court has set a 2027 trial date to determine compensation owed by mining giant BHP for the devastating 2015 Fundão dam collapse in Brazil, a disaster that claimed 19 lives and caused widespread environmental ruin.
The National Highway Traffic Safety Administration has launched a preliminary investigation into Waymo's self-driving system following an incident where a child was hit near an elementary school. The case raises urgent questions about autonomous vehicle performance in complex, child-dense environments.
Reason's Robby Soave argues the mass release of Jeffrey Epstein-related files has fueled a partisan witch hunt, prioritizing political smears over justice and threatening civil liberties.
In a landmark deal set for 2027, Sony's iconic TV and audio business will be operated under a new joint venture majority-controlled and manufactured by TCL, signaling a major realignment in the global television market.
Yum! Brands announces the closure of roughly 3% of Pizza Hut's U.S. restaurants in H1 2026 amid a strategic review that could lead to a sale, as the iconic chain grapples with shifting consumer habits and domestic sales decline.
Bank of America pushes back against the recent tech stock rout, arguing investor fears of both weak AI returns and massive AI disruption are contradictory. The firm sees the selloff as a buying opportunity, forecasting AI infrastructure spending to hit $1.2 trillion by 2030.
Eli Lilly's blockbuster drugs Mounjaro and Zepbound have propelled it to a commanding lead in the lucrative weight-loss and diabetes market, while rival Novo Nordisk warns of declining sales in 2026, sending its shares tumbling.
