Netflix exited its months-long pursuit of Warner Bros. Discovery after Paramount Skydance submitted a higher $31-per-share offer. Netflix shares jumped more than 10% as investors welcomed the decision and a $2.8 billion breakup fee.
Nvidia reported record fourth-quarter revenue of $68.1 billion, up 73% year over year, as artificial intelligence demand continued to fuel explosive growth. Net income surged 94% to $43 billion, well above analyst expectations.
U.S. software stocks are tumbling in 2026 as investors fear sudden AI breakthroughs could render established products obsolete. The sector’s slide has accelerated despite steady earnings, with major names posting double-digit losses.
Finland-based IQM is set to go public at a $1.8 billion valuation, becoming one of Europe’s first listed quantum computing companies. The move marks a milestone for the region’s emerging deep-tech sector.
Shares of EPAM Systems fell 20% after the IT services firm issued a cautious 2026 outlook, overshadowing better-than-expected quarterly results. The drop marked the worst performance in the S&P 500 for the session.
U.S. equities experienced a dramatic intraday reversal, wiping out hundreds of billions of dollars before recovering nearly the same amount within hours. Major indices swung from losses of more than 1% to solid gains by the close.
The Netherlands plans to impose a 36% tax on unrealized gains from stocks, bonds, and cryptocurrencies starting in 2028. Critics warn the move could drive investors to shift capital abroad.
Shares of Kering surged after the luxury group reported stronger-than-expected sales and unveiled a revival strategy under its new chief executive. Investors welcomed early signs of stabilization at Gucci, the company’s largest brand.
Gold, silver, and cryptocurrencies rebounded sharply as easing geopolitical tensions and renewed risk appetite fueled one of the strongest recovery rallies in recent memory. U.S. equities fully erased recent losses, while bitcoin posted its largest daily gain on record.
Apple’s market capitalization has climbed back to $4 trillion, returning the company to second place among the world’s most valuable corporations. While rivals pour hundreds of billions into artificial intelligence, Apple’s restrained approach is winning investor approval.
U.S. equity markets lost roughly $1 trillion in capitalization as technology stocks extended sharp declines from record highs. The crypto market also slid, shedding about $330 billion in a single day amid intensifying risk aversion.
Investor Michael Burry warned that U.S. financial markets and the broader economy are heading toward a collapse that may be impossible to contain. He also cautioned that bitcoin’s decline could trigger severe losses for companies holding large BTC positions.
The crypto market extended its sharp decline as Strategy added more bitcoin despite mounting losses, while forced liquidations accelerated across exchanges. Bitcoin’s drop below $70,000 triggered heavy unrealized losses and dragged crypto-linked stocks sharply lower.
