BBVA, Spain’s second-largest bank has just become a part of Qivalis, a consortium of major European banks developing a regulated euro-pegged stablecoin. This makes BBVA the consortium’s 12th member. ...
Category: Finance
Live Finance News Updates.
Beats on earnings — But misses the market’s AI imagination
What the market expected Heading into the print, Advanced Micro Devices, Inc. (AMD) carried a heavy burden of expectation. The entire semiconductor trade is laser-focused on AI GPU momentum, and AMD’s...
GBP/USD churns near 1.3700 ahead of BoE rate call
GBP/USD remains trapped in a near-term cycling pattern on Wednesday, continuing to churn aimlessly between 1.3700 and 1.3650. Cable traders are unlikely to pick a meaningful direction until after the ...
Stablecoin News: Tether Scales Back Capital Raise After Investor Pushback on $500B Valuation
Key Insights: As per the latest stablecoin news, Tether may shrink its raise from $20B to about $5B after investors pushed back on a $500B valuation. With $10B+ in 2025 net profit, ~$193B in assets, a...
EUR/USD slips as firm US services data, soft Eurozone inflation weigh
The Euro falls during the North American session, down more than 0.10% as the Dollar recovers from Tuesday’s losses. Solid US business activity data is a headwind for the EUR/USD pair. A softer than e...
Qualcomm stock crashes 10% despite earnings beat due to weak guidance on memory chips
Qualcomm stock dropped 10% in after-hours trading on Wednesday, even though the company beat both profit and revenue expectations. Qualcomm’s outlook for the next quarter sucked though, as the company...
Italian Police Probe Dogecoin-Linked Football Club for Money Laundering
Crime Italian financial police have searched the headquarters of Triestina Calcio, a third-tier football club, as part of an ongoing investigation into alleged money laundering, according to informati...
Sundar Pichai’s Alphabet posts 15% revenue growth to $113.83 billion with EPS up more than 20%
Alphabet’s latest earnings report just dropped, and the numbers are no joke. The company pulled in $113.83 billion in revenue for the fourth quarter of 2025, up 15% from the same period in 2024. That ...
U.S. Congress hears calls to speed deployment of autonomous cars
Executives from self-driving car companies Waymo LLC and Tesla testified at the Senate Commerce Committee on Wednesday about the future of federal regulation in the industry. The firms’ officials urge...
3 Top Cryptos To Buy for Investors Who Value Profits
To achieve profits, investors need to think beyond the immediate price actions and look for fundamental and timing factors. Even though Solana (SOL) is rising and Shiba Inu (SHIB) is at a symbolic low...
Mitsubishi forecasts larger-than-expected uptick in EV sales after earnings beat
Mitsubishi is now planning for a much bigger jump in electric vehicle sales across Europe, right after posting a surprise rise in production for FY Q1 2026. On Wednesday, the Japanese automaker confir...
BNB Chain joins the AI agent payments line with ERC-8004 infrastructure
BNB Chain has deployed infrastructure that will identify and verify AI agents on Mainnet and Testnet. The ERC-8004 and BAP-578 launched by BNB Chain are AI programs that can function independently an...
Nasdaq 100 owner mulls “fast entry” rule ahead of large-cap IPOs like SpaceX
Nasdaq, the US stock exchange best known for listing major tech companies, has proposed a new rule called “fast entry.” Its aim is to speed up the addition of newly listed large companies to its index...
Bank of Korea to manage volatility – Commerzbank
The Korean Won is under pressure despite a benign macro backdrop, with recent GDP data showing contraction. The Bank of Korea is expected to maintain its policy rate amid rising home prices and volati...
25,405 pivot breaks, 24,774 support tested
Price is leaning on the 25,051–24,774 support band; a reclaim of this level may reset the structure, while acceptance below 24,774 risks a deeper lower-structure rotation. Nasdaq Futures desk report —...
Erika Alexander On Comedy, Confidence And NBC’s ‘The Fall And Rise Of Reggie Dinkins’
Alexander’s new role in The Fall and Rise of Reggie Dinkins pushes the envelope on her comedic chops and performance as the new NBC Sports mockumentary-style sitcom, which is something she hasn’t done...
USD surges amid shutdown resolution, mixed US data
Here is what you need to know on Thursday, February 5: United States (US) ADP Employment Change report revealed that the private sector added 22K jobs in January, falling short of expectations of 48K....
Eli Lilly gaining in GLP-1 market over Novo Nordisk, earnings show
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters It’s a tale of two drugmakers in the red-hot obesity drug market. Both Novo Nordisk and Eli Lilly are grappling with lowe...
Musk to be arrested if he comes to Paris, French politician warns
X owner Elon Musk will be jailed if he makes the mistake of coming to France, as he has been asked to do by the European nation’s law enforcement. The warning has been issued by a French politician a ...
Corporate DEI index sees 65% drop in participation from Fortune 500
People hold flags outside the US Supreme Court on December 4, 2024 in Washington, DC, during oral argument on whether states can ban certain gender transition medical treatments for young people. Rob...
Here’s the breakdown of U.S. borrowers
An aerial view of homes in San Francisco, Aug. 27, 2025. Justin Sullivan | Getty Images The share of U.S. homeowners with high rates on their mortgages has jumped sharply in just the last few years. T...
Canadian Dollar holds steady after US ADP data disappoints
The Canadian Dollar (CAD) held steady against the US Dollar (USD) on Wednesday, trading just below 1.3700 as markets adjusted to the end of the partial US government shutdown and digested a soft priva...
Europe Licenses, Tokenization Push, and XRP Under Pressure
Fintech Ripple had one of its busiest weeks in months, rolling out regulatory, institutional, and tokenization developments even as XRP’s price struggled alongside the broader crypto market. Key Takea...
Trade deal boosts sentiment but risks remain – OCBC Bank
OCBC Bank’s report, authored by Sim Moh Siong and Christopher Wong, discusses the recent rally of the Indian Rupee (INR) following headlines of a US-India trade deal. However, the report caution...
Gold dips 1% as US Dollar firms, mixed US data and calm geopolitics weigh
Gold price retreats during the North American session on Wednesday, down more than 1% after reaching a three-day high of $5,091. A mixed market mood and modest US Dollar strength keep XAU/USD trading ...
Euro holds near four-year highs as ECB rate decision looms
EUR/USD trades mostly flat on Wednesday, drifting around 1.1800 during the European and American sessions. Fiber pulled back from last week’s four-year high near 1.2082 but continues to hold com...
Dow Jones rises as Eli Lilly surges, AMD plunges on soft guidance
The Dow Jones Industrial Average (DJIA) climbed about 600 points, or 0.6%, and tapped the 49,600 region on Wednesday, gaining ground on the back of climbing pharmaceutical stocks. The S&P 500 shed...
Jeffrey Epstein’s in-house trader reveals how they made a kill in markets
Newly released documents have revealed Jeffrey Epstein’s investments that contributed to his net worth of nearly $600 million at the time of his death. In-house trader and former JPMorgan private bank...
South Korea’s KFTC probes Bithumb over potentially misleading liquidity claims
On February 4, South Korea’s Fair Trade Commission (KFTC) launched an on-site probe into Bithumb over claims that it offers the highest liquidity among domestic crypto exchanges. The KFTC will assess ...
Consumption growth outlook – Standard Chartered
Standard Chartered’s report, authored by Carol Liao, Senior Economist and Moriarty Lam, Research Analyst, highlights that China’s household consumption is likely underestimated due to unac...
Anthropic vows Claude will stay ad‑free, taking a dig at ad‑supported rivals
Anthropic said Wednesday that its chatbot Claude will not run ads; no banners, no sponsored replies, nothing. This came right after OpenAI announced it would begin showing ads in ChatGPT, starting wit...
New Zealand Dollar dips amid mixed labor data, global headwinds
NZD/USD trades around 0.6000 on Wednesday at the time of writing, down 0.90% on the day, as investors digest mixed New Zealand labor market data and an uncertain global macroeconomic environment. The ...