Business and Finance

Alphabet down premarket after Q4 earnings beat. What’s happening

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Alphabet’s shares closed largely flat on Thursday after the company beat Wall Street’s expectations on earnings and revenue, with artificial intelligence spending projected to increase hugely this year. The Google parent closed nearly 2% lower on Wednesday. After the bell, Alphabet reported fourth-quarter revenue of $113.83 billion, above the $111.43 billion estimate from analysts polled […]

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Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

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Gabby Jones | Bloomberg | Getty Images Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and

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Bob’s Discount Furniture (BOBS) to start trading on NYSE after IPO

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CEO Bill Barton of Bob’s Discount Furniture rings the Opening Bell at the New York Stock Exchange on Feb. 5, 2026. NYSE Shares of Bob’s Discount Furniture opened flat on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected

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Cheaper tequila, canned cocktails top selling liquors in 2025

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Various cans of alcoholic ready-to-drink beverages including Captain Morgan Rum and Coke, Bacardi MoJito, Archers and Lemonade, Malibu and Pineapple, Pina Colada Cocktail and Gordon’s Gin and Tonic are displayed for sale in a supermarket on January 10, 2024. John Keeble | Getty Images The U.S. alcohol industry had another sobering year in 2025. Spirits

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ECB holds rates but it’s not a ‘non-event,’ economists say. Here’s why

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A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images The European Central Bank on Thursday kept policy rates unchanged for the fifth consecutive meeting, with its key interest

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Where billionaires’ investment firms placed their bets in January

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Key Points Investment firms of the ultra-rich started the new year with buzzy investments, including in a motorcycle racing team. But 2026 is hardly off to a roaring start, with family offices making 32% fewer direct investments in January on an annual basis, according to Fintrx. While family offices are making fewer bets, their appetite

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Bitcoin briefly drops below $70,000 as sell-off continues

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Bitcoin briefly dropped below $70,000 on Thursday amid a broader sell-off of risk assets. The move, which happened around 6:27 a.m. ET, was the first time bitcoin fell below $70,000 since November 2024. Bitcoin bounced off that low and was trading at around 70,453.68 at 6:40 a.m. ET, according to CoinMetrics data. Some market watchers

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