Equities and cryptocurrencies regained some stability after early losses in Asian trading, indicating that selling pressure may be easing following steep declines in US tech stocks. Precious metals also stabilized after a volatile start. While sentiment remained weak, Asian shares and US equity-index futures pared their losses at Friday’s open. Silver erased a 9.6% tumble to rise 2.5%, a steep recovery after a 20% plunge in the prior session. Bitcoin made a similar move, having earlier tumbled to nearly $60,000 — less than half its peak price in October. Following a sharp selloff on Wall Street on Thursday, investors remained wary of the technology sector with Amazon.com Inc. shares tumbling 11% in extended trading. The company plans to spend $200 billion on artificial intelligence this year, worrying investors that its colossal AI bet may not pay off in the long run. There’s been no single cause like there was last April when President Donald Trump’s trade war sent markets into a fearful tailspin. Instead, it’s been a slow drumbeat of news that is sowing anxiety about valuations that many suspected had already run up too far — and causing investors to pull back all at once. That was clear again on Thursday, when the S&P 500 slid 1.2%, its third straight daily decline, and the Nasdaq 100 extended its deepest slide since April. Software stocks extended their tumble after Anthropic, an artificial-intelligence company, rolled out a new model that’s designed to carry out financial research, underscoring the competitive threat from the new technology. The tech-heavy Nasdaq has seen more than $1 trillion wiped out since Federal Reserve policymakers signaled last week a reluctance to lower rates again anytime soon. MSCI’s gauge of Asian shares fell 0.4%, having tumbled as much as 1.3% earlier. Futures contracts for the Nasdaq 100 Index dropped 0.7%, halving earlier losses. MSCI’s gauge for Asian technology shares was flat, having slumped more than 2% earlier Friday. The overall weak sentiment pushed investors toward Treasuries, sending two-year yields to the lowest in almost a month during New York trading. Treasuries stabilized during Asian hours with the yield on the benchmark 10-year trading at around 4.18% on Friday. Meanwhile, investors are positioning for a decisive victory for Prime Minister Sanae Takaichi’s Liberal Democratic Party at this weekend’s election by scooping up Japanese stocks and selling the yen and government bonds. The Nikkei 225 Index in Japan rose 0.5% on Friday. Elsewhere, the Reserve Bank of India held its rates steady. Indian 10-year bond yield rose three basis points to 6.68%. Traders were also paying attention to the volatile swings in the precious metals markets. Silver lurched between losses and gains as a lack of liquidity led to wild swings in a market struggling to find a floor. Gold did the same. After tumbling as much as 2.6% earlier, the yellow metal gained 1% to $4,824 an ounce. Even so, artificial intelligence and the billions of dollars companies are pouring into it remained a key focus.
Four of the biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centers and the long list of equipment needed to make them tick, including artificial intelligence chips, networking cables and backup generators. Returns on those investments and frothy valuations have sent shares lower in the past week. US After Hours AMZN -9.9%, DOCS -37.7%, MOH -33.3%, PI -23.9%, TEAM -6% lower on earnings; RBLX +17.8%, EHC +17.5%, NVST +11.4%, GEN +8.9%, DAVE +8.4%, BE +7.6%, ADPT +4.9%, RDDT +3.8% higher on earnings.
Nikkei +0.81% Hang Seng -1.15% CSI -0.45% Shanghai -0.1% Shenzen +0.13%
Eur$ 1.1796 CNH 6.9391 CNY 6.9399 JPY 156.64 GBP 1.3561 CHF 0.7765 RUB 76.7966 TRY 43.6153 WTI$ 63.60 +0.49% Gold 4,821 +0.86% BTC 65,110 +3.17% ETH 1,913 +3.61%
S&P -0.22% Nasdaq -0.39% EuroStoxx +0.03% FTSE -0.48% Dax +0.21% SMI -0.21%
Macro :
- Macro Hedge Funds Surged in January as Haidar Rose 19%
- Bitcoin Plunges to Near $60,000 Before Paring Losses in Asia
- Bitcoin Plunges to Near $60,000 Before Paring Losses in Asia
- Gold.com Gets $150 Million Strategic Investment From Tether
- Ishare software -5.2%, Software stocks fall for an eighth straight day, with a sweeping roster of decliners
- Private Capital’s Titans Rush to Defend Software as Rout Deepens
Keep an eye on :
Keep an eye on :
- ABBN SW ; ABB to Launch New $2 Billion Share Buyback
- AIR FP : Boeing, Airbus in Talks With Saudi Arabia for Historic Jet Order
- AKSO NO : Aker Solutions 4Q Adjusted Ebitda Margin Misses Estimates
- ALLN SW : Allreal Acquires Office Property in Geneva for CHF140M
- AMZN US : Amazon misses by $0.02, reports revs in-line; guides Q1 revs in-line; to invest about $200 bln in cap-ex across Amazon in 2026
- AMZN US : Amazon misses by $0.02, reports revs in-line; guides Q1 revs in-line; to invest about $200 bln in cap-ex across Amazon in 2026
- APAM NA : Aperam 4Q Adjusted Ebitda Beats Estimates
- AAPL US : Apple Is Scaling Back Plans for AI-Based Health Coach Service
- AYV FP : Ayvens 4Q Total Fleet Meets Estimates
- BAMI IM : Banco BPM 4Q Net Income Beats Estimates
- BPE IM : *ITALY'S BPER COULD CONSIDER INCREASING PAYOUT: CEO TO SOLE
- BA US : Boeing, Airbus in Talks With Saudi Arabia for Historic Jet Order
- BP/ LN : BP Is Said to Seek Partner for One of Oldest Iraqi Oil Fields
- 1211 HK : BYD’s $60 Billion Wipeout Points to Deeper Turmoil for China EVs
- GOOS CN : Canada Goose Shares Sink Most in Six Years as Results Miss, Canada Goose Falls by Most Since 2019 on EBIT Margin Strain
- CO FP : Casino Group, Spar International Enter Long-Term Partnership
- CLASB SS : Clas Ohlson Jan. Sales +12%
- COLOB DC : Coloplast 1Q Net Income Meets Estimates; FY Outlook Maintained
- COP US : ConocoPhillips Wants Venezuelan Payback Before Drilling for Oil
- ROAD US : Construction Partners Climbs Most Since 2020 on Forecast Boost
- COTY US : Coty misses by $0.04, beats on revs, Coty Slides After Pulling Fiscal 2026 Guidance
- CE IM : Credito Emiliano FY Net Income Beats Estimates
- BN FP : Danone Recalls Some Formula Batches in Austria, Food Agency Says
- DOCS US : Doximity Stock Plunges as FY Adjusted Ebitda Forecast Misses
- EIKN US : Eikon Therapeutics Shares Fall in Nasdaq Debut IPO priced at $18, open at $17.05, closed at $15 -16.67%, Eikon Said to Allocate Nearly 70% of IPO Shares to 10 Investors
- LLY US : Eli Lilly Falls as Much as 8.8%, Remains in Trading Range
- EMSN SW : EMS-Chemie FY Net Sales Meet Estimates
- ENEL IM : Enel FY Adjusted Ebitda Meets Estimates, Enel’s 2025 Results Meet Estimates as Focus Turns to Strategy
- EQT SS : EQT Life Sciences-Backed AgomAb Raises $200 Million in US IPO
- EL US : Estee Lauder Slides on Underwhelming Guidance After Rally, -19%
- FBK IM : FinecoBank 4Q Revenue Beats Estimates, FinecoBank FY Dividend per Share Beats Estimates
- GLEN LN : Glencore Said to Have Sought 40% of Combined Firm in Rio Talks
- GTT FP : GTT Gets Order From Jiangnan for Tank Design of 2 LNG Carriers
- HPUR NO : Hexagon Purus Sells Aerospace Business to SpaceX
- HIMS US : Hims Down as Novo Warns Wegovy Pill Copy Poses Patient Risks
- HOFI SS : Hoist Finance 4Q Pretax Profit SEK492M
- 2503 JP : Kirin Sells Four Roses to E. & J. Gallo for Up to $775m
- LEHN SW : Lem Narrows FY Sales Forecast
- LINDEX FH : Lindex 4Q Net Sales Beat Estimates
- KOG NO : Kongsberg 4Q Revenue NOK9.59B
- KNEBV FH : Kone 4Q Orders Beats Estimates
- LAGRB SS : Lagercrantz 3Q Net Revenue Beats Estimates
- LION US : Warner-Netflix Paves Way for Smaller Studio M&A, Lionsgate Eyed
- MAU FP : Maurel & Prom : un droit de préemption exercé par un partenaire en Angola
- MMK AV : Mayr-Melnhof Sees Non-Cash Asset Impairment EU65m–EU75m For 2025
- MGM US : MGM Resorts 4Q Adjusted EPS Beats Estimates
- NWSA US : News Corp 2Q Adjusted EPS Beats Estimates
- NOVOB DC : Hims Down as Novo Warns Wegovy Pill Copy Poses Patient Risks
- NOVOB DC : Danish Government Spends $2.1 Million to Help Fired Novo Staff
- NVCR US ; Novocure Stock Tumbles After CMS Revokes Billing Privileges
- OBEL BB : Orange Belgium FY Ebitda After Leases Beats Estimates
- OR FP : Beauty Stocks : Coty Pulls Fiscal 2026 Guidance
- PUM GY : Puma’s new Chinese backer will give Nike a run for its money - FT
- RDDT US : Reddit 4Q Revenue Beats Estimates
- SHEL LN : Shell to Pause Kazakh Oil and Gas Investments Amid Disputes
- SPG US : Simon Property Announces $2b Share Buyback
- SKAB SS : Skanska FY Revenue Misses Estimates
- GLE FP : SocGen 4Q Net Income Beats Estimates, Societe Generale Launches €1.5 Billion Buyback After Profit Beat
- Space X IPO : Musk Says SpaceX Is Not Developing a Phone
- Spy Glass Pharma IPO : SpyGlass Pharma IPO Prices at $16/Share, Midpoint of Range
- STLA US : Stellantis Says It Has Moved Parts of Supply Base Out of China
- STLA US : *LG ENERGY TO END JOINT VENTURE WITH STELLANTIS
- TEl NO : Telenor 4Q Adj. Ebitda Beats Estimates, Plans NOK15b Buyback (1)
- MSTR US : Strategy 4Q Revenue Meets Estimates
- MSTR US : Saylor’s Crypto Project Pounded After $12.4 Billion Loss
- UBER US : WeRide, Uber to Deploy 1,200 Robotaxis in Middle East
- VSAT US : Viasat 3Q Revenue Beats Estimates
- DG FP : Vinci FY Ebit Beats Estimates
- VONN SW : Vontobel FY Net Income Beats Estimates, Vontobel Family Renews Shareholder Accord as Inflows Accelerate
- WMG US : Warner Music 1Q Revenue Beats Estimates
- YIT FH : YIT 4Q Adjusted Operating Profit Meets Estimates, YIT Sees 2026 Adj. Oper Profit EU70M to EU100M, Est. EU88.1M