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Saturday, February 7, 2026

Amazon’s $200 Billion Spending Spree Sparks Investor Alarm, Stock Tumbles

Amazon's stock plummets after announcing a massive $200 billion spending plan for AI infrastructure, overshadowing solid quarterly results. Explore investor reactions and the company's strategic outlook.

Boeing Soars Past Earnings Expectations on Strong Sales Surge, But Stock Sees Mixed Reaction

Boeing's Q4 2025 earnings reveal a significant jump in sales and deliveries, exceeding expectations, but the stock's reaction remains mixed. Explore the key financial highlights and future outlook.

MicroStrategy Suffers Multi-Billion Dollar Quarterly Blow as Bitcoin Prices Tumble

MicroStrategy reports a massive $12.4 billion quarterly loss due to plummeting Bitcoin prices, impacting its stock and strategic outlook.

Press

Trump Demands $1 Billion From Harvard in Escalating Antisemitism Dispute

Former President Trump demands $1 billion in damages from Harvard University amid an escalating dispute over campus antisemitism and federal investigations.

China PMI Falls to 49.3 as Demand Softens and Services Retreat

China’s official PMIs slipped back into contraction in January, with manufacturing at 49.3 and non-manufacturing at 49.4, reflecting softer demand and holiday-season disruptions even as output stayed resilient.

Oil Edges Higher as Hormuz Risks Return and Traders Watch Diplomacy

Oil prices rebounded after a sharp drop as traders weighed Middle East maritime risks, renewed diplomatic signals, and supply concerns tied to Russia and OPEC+ policy.

Wall Street Shudders As Commodities Slide, With Gold And Silver Crashing From Record Highs

Commodities slumped as gold and silver plunged from record highs, with margin hikes and a stronger dollar amplifying the selloff and dragging global stocks into a broader risk-off move.

Khamenei Warns Any US Attack Would Trigger A “Regional War” As Tensions Spike

Iran’s Supreme Leader Ali Khamenei warned that any US attack would ignite a “regional war,” as military deployments and nuclear-related pressure raise the risk of escalation despite talk of renewed negotiations.

Russia Reaffirms Support For China On Taiwan As Shoigu Meets Wang Yi In Beijing

Russia’s Sergei Shoigu met China’s Wang Yi in Beijing and reiterated Moscow’s “consistent and unwavering” support for Beijing’s Taiwan position, as the two sides discussed regional and international security issues.

Washington Post Journalists Appeal Directly to Jeff Bezos Amid Layoff Fears

Washington Post journalists are appealing directly to owner Jeff Bezos to prevent newsroom cuts and layoffs, citing concerns about the paper's future and journalistic integrity.

Maersk to temporarily operate Panama Canal ports after court voids Hutchison contract

Maersk will temporarily operate two Panama Canal ports after Panama’s Supreme Court ruled the previous concession unconstitutional, triggering a transition plan and renewed scrutiny of strategic canal-linked infrastructure.

EU designates Iran’s IRGC as terrorist organisation, triggering asset freezes and support bans

The EU has formally designated Iran’s IRGC as a terrorist organisation, triggering asset freezes and support bans across the bloc as Europe escalates pressure over Iran’s protest crackdown.

Amazon confirms 16,000 job cuts after “Project Dawn” message was sent by mistake

Amazon confirmed about 16,000 corporate job cuts after an internal “Project Dawn” layoff message was sent accidentally, extending a broader push to reduce layers, boost efficiency and expand AI-driven automation.

South Korea’s former first lady Kim Keon Hee sentenced to 20 months in bribery case

South Korea’s former first lady Kim Keon Hee was sentenced to 20 months in prison after a court found she accepted luxury gifts as bribes tied to the Unification Church, while other major allegations were dismissed for lack of evidence.

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Storm Chandra batters UK and Ireland with flooding, school closures and travel disruption

Storm Chandra brought heavy rain and strong winds to the UK and Ireland, triggering flooding, rescues, school closures, flight and ferry cancellations, and widespread power outages.

Iranian Rial Plummets to Record Low Amidst Protests and Economic Strain

Iran's currency, the rial, hits a record low of 1.5 million against the US dollar amid ongoing protests and international pressure.

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