Circle Shares Surge 14% on Polymarket's Switch to Native USDC on Polygon
Crypto Sarah Chen

Circle Shares Surge 14% on Polymarket's Switch to Native USDC on Polygon

Circle Internet Group's stock jumped nearly 14% after Polymarket announced plans to transition from bridged USDC.e to Circle-issued native USDC on Polygon. The move comes amid heightened U.S. regulatory scrutiny of prediction markets.

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T-Mobile Shares Decline Ahead of Key Earnings and Strategy Update
Earnings James Calloway

T-Mobile Shares Decline Ahead of Key Earnings and Strategy Update

T-Mobile US stock fell 2.2% on Friday, underperforming the broader market and telecom peers as investors await the company's quarterly results and capital markets day presentation on February 11.

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SAP Share Buyback Commences as Company's Self-Holding Surpasses 5% Threshold
Technology Sarah Chen

SAP Share Buyback Commences as Company's Self-Holding Surpasses 5% Threshold

SAP has initiated its €10 billion share repurchase program after its ownership of its own stock exceeded 5%. The company's U.S. ADRs gained 3% in after-hours trading.

SAP
Citigroup Shares Surge on Regulatory Progress Hopes Ahead of Key Data
Regulation James Calloway

Citigroup Shares Surge on Regulatory Progress Hopes Ahead of Key Data

Citigroup stock climbed nearly 6% Friday as executives expressed confidence in resolving long-standing consent orders this year. Investors now await upcoming conference remarks and U.S. economic reports.

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China Mobile Faces VAT Hike Impact as Inflation Data and Earnings Loom
Earnings James Calloway

China Mobile Faces VAT Hike Impact as Inflation Data and Earnings Loom

China Mobile's A-shares trade near 95 yuan as a VAT increase on telecom services pressures profits. Investors await February inflation figures and the company's March earnings report.

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Reliance Industries Faces Dual Catalysts: Russian Crude Shift and Australian Acquisition
Markets Daniel Marsh

Reliance Industries Faces Dual Catalysts: Russian Crude Shift and Australian Acquisition

Reliance Industries shares are poised for attention as reports indicate Indian refiners are avoiding new Russian crude contracts, while its consumer arm secures a majority stake in Australia's Goodness Group.

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Siemens Gains on Major Copenhagen Rail Contract Ahead of Key Earnings Week
Markets Daniel Marsh

Siemens Gains on Major Copenhagen Rail Contract Ahead of Key Earnings Week

Siemens shares advanced 2.45% following a €3 billion automated train contract win in Copenhagen. Investors now focus on upcoming Q1 results and a proposed €5.35 dividend.

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PepsiCo Gains 10% Amid Rotation to Staples, Eyes CPI and CAGNY
Markets Daniel Marsh

PepsiCo Gains 10% Amid Rotation to Staples, Eyes CPI and CAGNY

PepsiCo shares surged 10% this week, closing at $170.49, as investors rotated into defensive consumer staples. Key inflation data and the company's upcoming CAGNY presentation are in focus.

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McDonald's Approaches 52-Week Peak Ahead of Key Earnings Report
Earnings James Calloway

McDonald's Approaches 52-Week Peak Ahead of Key Earnings Report

McDonald's stock closed at $327.16, just 0.3% below its 52-week high, as investors await Wednesday's earnings release. Focus will be on comparable sales and consumer traffic amid a busy economic data week.

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Bank of China Shares Slip Ahead of Key Inflation Data Release
Markets Daniel Marsh

Bank of China Shares Slip Ahead of Key Inflation Data Release

Bank of China's Shanghai-listed A-shares declined 0.93% to 5.35 yuan on Friday as investors await crucial CPI and PPI figures this week. The data could influence monetary policy and bank profitability outlooks.

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IHC Shares Remain Static Near AED 400 as ADX Trading Resumes
Markets Daniel Marsh

IHC Shares Remain Static Near AED 400 as ADX Trading Resumes

International Holding Company PJSC stock held flat at AED 399.60 with minimal volume, showing no reaction to broader Gulf market gains driven by diplomatic developments.

American Express Shares Gain Ahead of UBS Conference; Investors Eye Spending Trends
Markets Daniel Marsh

American Express Shares Gain Ahead of UBS Conference; Investors Eye Spending Trends

American Express stock rose 1.3% to $359.15 Friday, extending a three-day rally. Investors await management's Feb. 10 UBS conference comments for insights on consumer spending and credit health.

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