Tech giants stumble, Nasdaq plunges 1.6%, Dow Jones falls 1.2%, S&P 500 slips 1.2%. Amazon set to report earnings. Labor market data signals fragility, keeping traders cautious.
VivoPower exits digital asset holdings, receives 20% equity stake in KWeather. Standard Uranium begins drilling program at Corvo project. NextSource signs LOI with Japanese producer for EV battery supply. Gunnison Copper agrees to distribute shares. Alvopetro reports record sales.
HIVE Digital produces 297 BTC in January. Rio Tinto and Glencore end merger talks. Gemini to cut 25% of workforce. Hims & Hers launches oral weight-loss pill. Barrick Gold shares slide despite earnings jump. e.l.f. Beauty shares fall after guidance raise.
Amazon to report Q4 results, Wedbush analysts optimistic. US labor market remains fragile, job openings drop. Major tech stocks drive US equities down. Wall Street opens lower, tech stocks lead retreat. Alphabet’s capex plans spook investors, shares down 4%.
US stocks called sharply lower. Futures point to Nasdaq drop of 1.1%. Dollar gains, bitcoin plunges. Alphabet reports better-than-expected results, capex increase worries market. Challenger job cuts spike in January, initial jobless claims due.
Read more at Yahoo Finance: Nasdaq finishes deep in the red as Big Tech wobbles ahead of Amazon earnings
