US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow Jones Industrial Average rose 207 points, or about 0.4%. The S&P 500 gained 0.6%, while the Nasdaq Composite advanced 0.8%, as investors responded positively to
Reddit stock (NYSE: RDDT) is once again drawing attention on Wall Street. After spending much of last year under a cloud of doubt over growth and monetisation, the social platform is seeing sentiment turn. This time, the shift is being driven less by hype and more by something investors care deeply about: clear signs that
Agibank, the second Brazilian fintech to access US capital markets in recent weeks, announced on Wednesday that it had raised $240 million in its New York IPO. In contrast to the most recent marketing range of $12 to $13 per share, the São Paulo-based digital bank sold 20 million shares for $12 apiece during its
Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped to $208, up sharply from the year-to-date low of $160. So, will this surge continue? CloudFlare reported strong financial results CloudFlare is one of the
Unity Software (NYSE: U) cratered another 30% in premarket today after the game software firm came in ahead of Q4 estimates but disappointed investors with a tepid current quarter guidance. In its earnings release, the company guided for $485 million in revenue – well below $494 million that analysts had called for – shattering hopes
If the scale of Big Tech’s AI spending plans for 2026 was not striking enough, Alphabet’s reported move to issue a rare 100-year bond has added a new dimension to the debate over how far tech giants are willing to go to finance the AI boom. Alphabet Inc. is preparing to sell a rare 100-year
The Broadcom stock price has rebounded in the past few days, moving from a low of $295 last week to $345 today as investors cheer the recent plans for AI spending. Still, the company remains in a technical bear market after falling by 16% from its highest level in 2025. It has also formed a
HYPE, the native coin of the Hyperliquid DEX, has lost 18% of its value since hitting its yearly high of $38 last week. It has now dropped below $30 and could record further losses as the broader market continues to underperform. The derivatives data further support this bearish sentiment, with rising short bets while funding
Coca-Cola shares fell on Tuesday after the beverage giant reported quarterly revenue growth that came in below analysts’ expectations, overshadowing a modest earnings beat and early signs of stabilising demand in key markets. The company reported adjusted earnings of 58 cents per share for the fourth quarter, ahead of Wall Street estimates of 56 cents.
Jupiter (JUP), the governance token for the leading Solana-based decentralized exchange aggregator, has dropped to below $0.15 as it continues its downward spiral. As the broader cryptocurrency market heaves under fresh pressure, JUP slid 5% to revisit recent lows reached on February 5, 2026. JUP traded to these levels last week, and the retreat seen