As global leaders gather in Davos, a coalition of over 400 affluent individuals from 24 nations issues a stark demand: governments must impose higher taxes on the ultra-wealthy to tackle inequality.
A broad sell-off in risk assets, from equities to precious metals, has triggered over $2.5 billion in Bitcoin liquidations. Analysts point to shifting Federal Reserve expectations and AI trade anxieties as key drivers behind the latest crypto market tremor.
Amazon's latest round of layoffs will eliminate over 2,200 corporate positions in the Seattle region, part of a broader 16,000-person global workforce reduction. The cuts, effective from late April, add to a wave of job losses hitting Washington's tech sector.
Bitcoin found a fragile footing on Monday following a sharp sell-off, yet strategists caution the broader decline is not over as investor appetite to 'buy the dip' appears weak.
Market participants on prediction platform Myriad now assign a 68% probability to Bitcoin revisiting the $69,000 level, reflecting a significant shift towards bearishness as the cryptocurrency grapples with macroeconomic uncertainty.
Bitcoin plunged to levels not seen since before the 2024 U.S. election, caught in a broad sell-off of speculative assets. A sharp downturn in gold and silver prices triggered a massive $2.5 billion liquidation event, compounding existing pressures from fading regulatory optimism and a shifting Fed outlook.
Regional banks like Fifth Third are betting on a historic profit surge if Kevin Warsh reshapes the Fed. But Wall Street warns his ambitious plan to slash rates and shrink the balance sheet faces fierce internal and political headwinds, threatening market stability.
U.S. stocks opened higher Monday, reversing earlier futures losses, as a stronger-than-expected manufacturing report boosted sentiment. The Dow Jones and Russell 2000 led the gains.
Amazon's ongoing corporate restructuring has resulted in significant layoffs across its Seattle-area headquarters, with software engineers among the most affected roles, as the tech giant continues to streamline operations and invest in AI.
NAPCO Security Technologies (NSSC) reported strong fiscal second-quarter results, with record revenue and expanding profitability. The company highlighted the sustained momentum of its high-margin recurring service model and announced a dividend increase.
Following a historic sell-off in precious metals, top analysts caution investors that the dramatic price drops in gold and silver may not present a buying opportunity, pointing to ongoing volatility and speculative excess.
Despite a 14% share price slide over the past quarter, The Buckle, Inc. (BKE) exhibits robust underlying financial health, highlighted by a stellar 40% Return on Equity. Analysts are divided on whether the market has overlooked its value or if hidden headwinds justify the decline.
Fundstrat's Tom Lee suggests the brutal crypto sell-off may be nearing its end, even as his firm Bitmine faces staggering paper losses on its massive Ethereum bet. The call comes amid a wider debate on the health of digital asset treasuries.
An international nuclear services firm moves forward with plans to seek regulatory approval for new power generation at the long-closed Kewaunee site, potentially revitalizing a key piece of Wisconsin's energy infrastructure.
Precious metals prices steadied on Monday following a sharp Friday plunge that rattled markets, though experts warn the volatility in these traditional safe havens may not be over.
Life sciences firm Revvity (NYSE:RVTY) reported fourth-quarter revenue and profit that topped Wall Street forecasts, though analysts remain watchful of the company's ability to sustain momentum beyond recent quarters.
A sharp reversal in gold and silver prices, coupled with a slide in Bitcoin and Asian equities, rattled investors at the start of February, raising questions about the sustainability of recent market rallies.
Tyson Foods reported a 6.2% increase in Q1 2026 sales to $14.3 billion, driven by robust demand for protein. While the Chicken and Prepared Foods segments showed strength, the company is restructuring its Beef operations, closing one plant and scaling back another, to align with a constrained cattle supply outlook.
IDEXX Laboratories reports robust fourth-quarter and full-year 2025 results, with double-digit revenue growth fueled by record instrument placements and strategic innovations like InVue DX and CancerDx. The company provides a confident outlook for 2026, targeting continued organic growth despite sector headwinds.
U.S. stock futures pointed to a lower open Monday, pressured by a sharp selloff in precious metals and renewed investor caution around AI sector valuations. All eyes turn to a packed week of corporate earnings and key labor market data for clues on the economy's trajectory.
