Liquidity Services Inc

Plug Power shares remained stable as new CEO Jose Luis Crespo outlined his strategic priorities for margin gains and capital efficiency during his inaugural investor conference appearance. The company aims for positive EBITDAS by late 2026.

BlackRock has restricted redemptions from its $26 billion private-credit fund after requests surged, intensifying stress in real estate-linked markets. Fitch warns of record defaults in the sector.

Brazil's central bank announced a measure allowing banks to offset mandatory prepayments to the deposit insurance fund against reserve requirements, potentially unlocking R$30 billion in liquidity by 2026. Shares of major Brazilian banks, including Banco Bradesco, rose following the news.

Blue Owl Capital shares declined sharply, dropping below their $10 listing price, driven by ongoing liquidity worries in private credit and new regulatory filings indicating insider activity. The stock was indicated down approximately 3.8%.

Plug Power shares jumped 23% following a stronger-than-expected Q4, which delivered a $5.5 million gross profit. The company also detailed plans to bolster liquidity through asset sales.

Spot gold declined over 1% to $4,976.37 an ounce, slipping below the key $5,000 level. The drop was attributed to a stronger U.S. dollar and significantly reduced trading volumes due to holiday closures in major markets.

XRP fell roughly 4% to $1.38, tracking broader crypto weakness ahead of key U.S. economic data. Analysts warn thin market depth is amplifying price swings.

Crypto exchange-traded products recorded a third week of net outflows, totaling $187 million, with Bitcoin funds leading redemptions. Ethereum briefly fell below $1,700 before recovering above $2,000 amid thin market liquidity.