Real-time News

Amazon (AMZN.O) CEO: All Trainium 3 chips are expected to be pre-ordered by mid-2026.

Foreign central banks held -$4.002 billion in U.S. Treasury securities in the week ending February 6, compared with $19.95 billion in the previous week.

Amazon (AMZN.O): AWS sales are projected to grow 20% year-over-year to $128.7 billion by 2025.

Amazon (AMZN.O): Revenue grew 12% to $716.9 billion in 2025, compared with $638 billion in 2024.

The Dow Jones Industrial Average closed down 592.70 points, or 1.20%, at 48,908.60 on Thursday, February 5; the S&P 500 closed down 84.42 points, or 1.23%, at 6,798.30; and the Nasdaq Composite closed down 363.99 points, or 1.59%, at 22,540.59.

February 6th - Commodity traders are continuing to withdraw from assets that have recently seen strong gains. Precious and industrial metals fell again today, with some traders observing funds shifting to other commodity sectors such as agricultural futures. "Fund flows are a significant factor," noted Karl Setzer of Consus Agriculture Consulting. "The agricultural sector is relatively undervalued, thus attracting inflows."

February 6 – Canadian Prime Minister Mark Carney announced a new electric vehicle strategy on February 5, including the reintroduction of purchase subsidies and a commitment to collaborating with China to promote domestic production and export of electric vehicles in Canada. According to a statement released by the Prime Minister's Office, Canada will fully utilize existing and new trade agreements, including the recent electric vehicle cooperation agreement with China, to promote large-scale investment in the sector, diversify Canada's automotive export markets, and establish Canada as a global leader in the electric vehicle industry.

The United States will remove 1,675 retaliatory tariffs on Argentine products.

The Venezuelan parliament, controlled by the ruling party, supported the amnesty law in its initial trial.

The White House: (Regarding the South Korean tariffs) I do not yet have a timeline for that.

On February 6th, Saudi Arabia cut prices for its main crude oil grades sold to Asian buyers to their lowest levels in years, further indicating that global oil supply has exceeded demand. Data shows that Saudi Aramco will reduce the price of its Arab Light crude oil to Asian buyers by 30 cents per barrel, bringing it in line with the region's March benchmark price. This price cut is even lower than the lowest expectations in a survey of refiners and traders. However, this is still the lowest Saudi oil price level since the end of 2020.

The White House: A meeting between US President Trump and insurance companies will be held; the time has not yet been determined.

February 6th - According to sources, BP (BP.N) is seeking partners to help boost production at one of the oldest oil fields in the Middle East and share some of the costs. The search for potential investors for the Kirkuk oil field in Iraq is underway, the sources said. The timing of any agreement is uncertain, with one source indicating the process is expected to continue into next year. Major oil companies are showing renewed interest in Iraq, which possesses abundant crude oil resources, and its extraction process is often simpler and cheaper than in other parts of the Middle East. Meanwhile, BP is seeking greater international growth in oil and gas production, abandoning its five-year pursuit of clean energy and net-zero emissions.

On February 6th, Shell (SHEL.N) CEO announced that the company will suspend its investments in Kazakhstan due to a lawsuit filed against the oil giant that could involve billions of dollars. It is understood that Kazakhstan is pursuing compensation from several Western oil companies in multiple cases through its courts and international arbitration institutions. The case against Shell and its partners, disclosed this month, could involve damages of up to $4 billion. Furthermore, lawsuits concerning excessive sulfur emissions and project costs are still ongoing. Shell's CEO stated, "This has indeed affected our willingness to invest further in Kazakhstan." Although the company believes there are significant investment opportunities in the future, "we will wait until we have a clearer assessment before making a decision."

The White House stated that the government is willing to discuss some of the requests made by Senate Minority Leader Schumer and House Minority Leader Jeffreys.

Note: The press conference of Bank of Canada Governor Macklem has ended.

Bank of Canada Governor Macklem: Compared to our competitor, the United States, Canadian businesses are investing in new technologies neither enough nor fast enough, which is hurting our competitive position.

Bank of Canada Governor Macklem: Structural headwinds are not temporary; our trade relationship with the United States has fundamentally fractured.