On Feb. 3, Asian crypto stocks experienced significant declines as Bitcoin fell to $91,163, marking its lowest level in over three weeks.
5 Things to Know Before the Stock Market Opens
News of the day for Feb. 3, 2025
Crypto market sees $2B in liquidations — bigger than Covid and FTX crashes
Crypto market suffers $2.29 billion in liquidations, surpassing COVID and FTX crashes. Fears of a global trade war spark sell-offs, hitting Bitcoin, Ether, and major altcoins.
Bitcoin, Crypto Stocks Sink on Concerns Over Impact of Trump Tariffs
Bitcoin slid to about $95,000 Sunday night into Monday morning, while a number of cryptocurrency-related stocks also sank in premarket trading as the market reacts to the potential impact of the new tariffs rolled out by the Trump administration over the weekend.
Saia (NASDAQ:SAIA) Surprises With Q4 Sales, Stock Soars
Freight transportation and logistics provider Saia (NASDAQ:SAIA) announced better-than-expected revenue in Q4 CY2024, with sales up 5% year on year to $789 million. Its GAAP profit of $2.84 per share was 2.6% above analysts’ consensus estimates.
Chile’s Economic Activity Capped 2024 on Stronger Footing
(Bloomberg) -- Chile’s economic activity increased for the third straight month in December as factors including lower interest rates and strong copper production help to steady growth following a stretch of volatility. Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator
US Oil Outpaces Global Price Gains as Tariffs Menace Supply
(Bloomberg) -- The US crude benchmark outpaced gains in other oil markets after President Donald Trump announced tariffs that threaten flows from two of America’s biggest foreign suppliers.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Ho