Financial Summary: Friday, February 6, 2026

The US government is funding Maga-aligned think-tanks and charities in Europe to promote American values ahead of its 250th anniversary celebrations.

Tensions between the US and China escalate following a court ruling affecting a Hong Kong-backed firm's operations at the Panama Canal.

The UK Labour Party faces internal turmoil as leadership challenges arise amid a misconduct investigation involving veteran politician Peter Mandelson.

AI tools are disrupting traditional software platforms like Monday.com with innovative techniques such as vibe-coding.

Amazon's stock decline contributes to a $1 trillion loss across major tech companies amid concerns of an AI bubble.

The Reserve Bank of India has revised its FY26 GDP growth forecast to 7.4% while keeping the repo rate steady at 5.25%.

India's foreign exchange reserves have reached a record high of $723.8 billion, as reported by the RBI Governor.

Union Minister Shivraj Singh Chouhan confirmed that the India-US trade deal safeguards India's agricultural interests.

The Reserve Bank of India has introduced new policy measures aimed at enhancing financial stability and growth.

Power Finance Corporation announced a merger with Rural Electrification Corporation to boost efficiency in India's power financing sector.

The Reserve Bank of India reported a slight increase in capacity utilization within the manufacturing sector.

Urban consumer confidence in India has shown a marginal change, according to the latest RBI report.

Reddit's shares rose after reporting strong fourth-quarter earnings and announcing a $1 billion buyback plan.

Roblox shares surged 20% following an earnings beat and a positive forecast for the upcoming fiscal year.

Amazon's shares fell as it announced a $200 billion investment in AI, exceeding Wall Street's expectations.

TPG announced record fundraising and investment volumes, with the CEO expressing optimism despite market turmoil.

Indian Oil Corp shares reached a 52-week high after reporting a six-fold increase in Q3 net profit.

Hitachi Energy India shares surged 14% following a 90% year-on-year increase in Q3 net profit.

Fractal Analytics is set to launch a ₹2,833.90 crore IPO on February 9, marking India's first pure-play AI company to go public.

Tata Motors faced a Q3 loss of Rs 3,486 crore due to a cyber incident at Jaguar Land Rover.

Bharti Airtel reported a 55% decline in Q3 net profit, raising concerns among investors.

Life Insurance Corporation of India reported a 17% YoY increase in Q3 profit.

MRF announces a second interim dividend of Rs 3 per share following a strong Q3 earnings report.

Tata Steel's Q3 net profit surged 723% year-on-year, with a 6% increase in revenue.

Star Cement reported a remarkable 726.93% increase in net profit for Q3, alongside a 22.43% rise in sales.

The tech sector's decline has raised concerns about contagion effects in debt markets, contributing to a negative outlook for the S&P 500.

Japanese stocks are expected to drop following significant sell-offs in U.S. tech stocks and weak labor market signals.

Gold prices fell due to negative spillover effects from a major selloff in cryptocurrencies, particularly Bitcoin.

Cigarette stocks surged up to 13% following reports of significant price hikes amid a recent tax overhaul.

Indian equity benchmarks rebounded as the RBI held the repo rate steady at 5.25%, boosting investor confidence.

The Dow Jones Industrial Average reached 50,000 for the first time, reflecting strong U.S. economic performance.

U.S. tech stocks saw a strong rally after three days of heavy selling, driven by concerns over AI spending.

AARP survey reveals that 7% of retirees have returned to work recently, driven by increasing living costs.

New car insurance guidelines for teenagers have been released, outlining the best options for 2026.