Primary Ventures has closed a $625 million Fund V focused on seed investing nationwide, which is a sizeable fund for a firm that focuses solely on early-stage investing. It perhaps showcases how the size of early-stage rounds has dramatically increased in the age of AI. Ben Sun, a co-founder and general partner at Primary Ventures, told TechCrunch the average check size for this fund will range fr...
Primary Ventures has closed a $625 million Fund V focused on seed investing nationwide, which is a sizeable fund for a firm that focuses solely on early-stage investing. It perhaps showcases how the size of early-stage rounds has dramatically increased in the age of AI. Ben Sun, a co-founder and general partner at Primary Ventures, told TechCrunch the average check size for this fund will range from $5 million to $10 million, and that he hopes the firm will invest in 40 to 50 companies over the course of three years. He said the fund will also go as early as pre-seed. The fund will also continue to spread its investments nationwide. Primary is one of New York’s most well-known venture firms, and at one point, most of its investments were focused in the Big Apple. Sun said the location thesis has changed. The firm, which overall focuses on early-stage investing, has now done deals in Chicago, Seattle, Virginia, and D.C. “The talent, the founder, and the startups are happening everywhere,” he said. “The potential outcomes are so much bigger than they’ve ever been.” He sees seed investing as headed toward its own asset class, especially as the quality of talent and their startups continue to rise, paired with tech’s current transformation. Firms are competing, after all, to find the hottest deals. “I think [a fund of this size] allows you to go in and compete and bring more resources to the table to work with the best founders and opportunities.” Sequoia also recently raised a $200 million seed fund, as did UnCorck Capital, which announced a $225 million seed fund earlier last year. Though Primary calls itself a generalist, Sun said the firm has sector specialists, each with their own focus. He likes consumer, but also has investors focused on vertical AI, fintech, healthcare, enterprise, cybersecurity, and infrastructure. “We pretty much cover probably 80% or 90% of the seed sector activities out there.” Techcrunch event TechCrunch Founder Summit 2026: Tickets Live On...
For much of his career, Mohamed Mohamed worked at institutions — BlackRock, Goldman Sachs, and McKinsey — all of whom, he said, “treated real estate as a computational problem.” “They had proprietary data pipelines, internal valuation models, simulation tools, and increasingly, early AI systems supporting underwriting and capital allocation,” he told TechCrunch of how these firms analyzed property...
For much of his career, Mohamed Mohamed worked at institutions — BlackRock, Goldman Sachs, and McKinsey — all of whom, he said, “treated real estate as a computational problem.” “They had proprietary data pipelines, internal valuation models, simulation tools, and increasingly, early AI systems supporting underwriting and capital allocation,” he told TechCrunch of how these firms analyzed property investments. But he knew that regular people who also invested in real estate didn’t have access to such advanced tools. His friends were coordinating deals on WhatsApp or storing critical information in PDFs. “There was no unified data layer, no consistent modeling, and no easy way to reason about risk, liquidity, or execution end to end,” Mohamed continued. “Decisions involving millions of dollars were being made without anything resembling a modern intelligence stack. In 2024, he left his job at Boston Consulting Group to strike out on his own. He founded Smart Bricks, an AI-powered proptech that helps investors find high-quality real estate investments. The company is based in London and San Francisco. The product analyzes millions of public and proprietary data points across areas like pricing, liquidity, transaction history, supply, and financing terms. Mohamed said it has an autonomous reasoning system that, rather than simply showing available real estate deals, can map to the expected outcome of a deal using automated valuation models, cash-flow forecasting, downside risk modeling, and market reasoning. Techcrunch event TechCrunch Founder Summit 2026: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediately Save up to $300 on your pass or save up to 30% with group tickets for teams o...
AI video generation startup Runway has raised a $315 million Series E round, nearly doubling its valuation to $5.3 billion, a source familiar with the matter told TechCrunch. The fresh funds will allow Runway to “pre-train the next generation of world models and bring them to new products and industries,” per a company blog post announcing the raise. World models are AI systems that construct inte...
AI video generation startup Runway has raised a $315 million Series E round, nearly doubling its valuation to $5.3 billion, a source familiar with the matter told TechCrunch. The fresh funds will allow Runway to “pre-train the next generation of world models and bring them to new products and industries,” per a company blog post announcing the raise. World models are AI systems that construct internal representations of an environment so they can plan for future events, and many top minds believe they are essential to pushing beyond the limits of large language models. Best known for its physics-aware AI video generation models, Runway released its first world model in December and now views the technology as central to tackling major challenges across fields like medicine, climate, energy, and robotics. While the company has historically built a strong customer base in media, entertainment, and advertising – including a recent partnership with Adobe – a spokesperson told TechCrunch that Runway is increasingly seeing adoption in gaming and robotics. Runway’s shift comes amid intensifying competition among labs pursuing world models. Rivals include Fei-Fei Li’s World Labs and Google DeepMind, both of which recently made their models publicly available. The funding follows the release of Gen 4.5, Runway’s latest video generation model. Gen 4.5 allows users to generate high-definition videos from text prompts and introduces native audio, longform, multi-shot generation capabilities, character consistency, and advanced editing tools. The model has earned Runway significant credibility within the AI industry after outperforming video generation offerings from both Google and OpenAI on several benchmarks — a milestone that likely factored into investor interest. Beyond model development, Runway has also been expanding its infrastructure. The company recently signed a deal with CoreWeave to expand its compute capacity, a move that may have helped reassure investors about R...
TAIPEI, Feb. 10, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, partners with AMD to announce the Crimson Desert game bundle to enhance game value across a wide range of components and consumer products. Spanning graphics cards, select AMD Ryzen™ 9000X3D processors are paired with recommended GIGABYTE motherboards, as well as laptops and desktops. Together, GIGABYTE and AMD del...
TAIPEI, Feb. 10, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, partners with AMD to announce the Crimson Desert game bundle to enhance game value across a wide range of components and consumer products. Spanning graphics cards, select AMD Ryzen™ 9000X3D processors are paired with recommended GIGABYTE motherboards, as well as laptops and desktops. Together, GIGABYTE and AMD deliver a richer and more immersive gaming experience through cutting-edge hardware innovation. GIGABYTE Partners with AMD to Enhance Game Value through Crimson Desert Bundle GIGABYTE Radeon™ RX 9070 Series graphics cards are powered by the AMD RDNA™ 4 architecture with enhanced ray-tracing capabilities and AMD FSR™ "Redstone" technology, which boosts frame rates and reduces system latency delivering the horsepower needed for demanding gaming. Equipped with GIGABYTE's WINDFORCE cooling system, including the Hawk fan design and server-grade thermal conductive gel, these GPUs maintain exceptional thermal efficiency for consistently optimized gameplay. GIGABYTE motherboards, when paired with the AMD Ryzen™ 9000X3D processors, deliver maximum gaming performance through AMD 3D V-Cache™ technology to minimize memory latency. GIGABYTE amplifies this advantage with X3D Turbo Mode 2.0, an exclusive hardware-software innovation that applies real-time, adaptive performance tuning informed by extensive real-world data training. The result: the full performance potential of X3D processors, unlocked. The partnership further extends to consumer products for gamers who prefer a complete system. GIGABYTE's latest AI gaming laptop, AERO X16, is a Copilot+ PC powered by the AMD Ryzen™ AI 9 HX370 processor that delivers best-in-class CPU and NPU performance. Leverage with GIGABYTE's exclusive AI agent, GiMATE, providing users with a smarter performance, productivity, and system control for everyday use. Designed for desktop gamers, the AORUS PRIME 5 gaming desktop is equipped with the AMD Ryzen™ ...
February 10th, 2026 – SAPPHIRE Technology, in collaboration with AMD and Pearl Abyss Corp., the acclaimed developer of MMORPG title Black Desert Online, formally debuts the SAPPHIRE NITRO+ AMD Radeon™ RX 9070 XT Crimson Desert Edition graphics card. RECLAIM POWER. REACH BEYOND. Crimson Desert immerses players in a vast, seamless world, journeying across the living, breathing expanse of Pywel for t...
February 10th, 2026 – SAPPHIRE Technology, in collaboration with AMD and Pearl Abyss Corp., the acclaimed developer of MMORPG title Black Desert Online, formally debuts the SAPPHIRE NITRO+ AMD Radeon™ RX 9070 XT Crimson Desert Edition graphics card. RECLAIM POWER. REACH BEYOND. Crimson Desert immerses players in a vast, seamless world, journeying across the living, breathing expanse of Pywel for the rise of a great destiny. Reflecting the game’s themes, SAPPHIRE’s limited edition graphics card features the iconic game artwork on the Quick Connect MagniPlate. The ARGB light strip can be customized to reflect the vibes of the game with your aesthetic colour choice and is entirely unobstructed with the STEALTH Hidden Power Cable, seamlessly concealing external power cables for maximum vibes. The three large AeroCurve Fan Blade Designed fans are adorned with the mesmerizing Crimson Desert game badge logo alongside Crimson Desert coloured SAPPHIRE NITRO+ emblems to round out the Crimson Desert design theme. Tuck into the game with an AMD game bundle of Crimson Desert when you purchase the SAPPHIRE NITRO+ AMD Radeon™ RX 9070 XT Crimson Desert Edition graphics card from a list of AMD participating retailers. The GPU is a perfect pairing to your game to breathe life to the new chapter in this land’s history. For full details on this AMD Game Bundle Promotion please click here: https://www.sapphirenation.net/26q1game Availability The SAPPHIRE NITRO+ AMD Radeon™ RX 9070 XT Crimson Desert Edition Graphics will be available from selected SAPPHIRE e-tailers and retailers in February 2026.
TAIPEI, Feb. 10, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, partners with AMD to announce the Crimson Desert game bundle to enhance game value across a wide range of components and consumer products. Spanning graphics cards, select AMD Ryzen™ 9000X3D processors are paired with recommended GIGABYTE motherboards, as well as laptops and desktops. Together, GIGABYTE and AMD del...
TAIPEI, Feb. 10, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, partners with AMD to announce the Crimson Desert game bundle to enhance game value across a wide range of components and consumer products. Spanning graphics cards, select AMD Ryzen™ 9000X3D processors are paired with recommended GIGABYTE motherboards, as well as laptops and desktops. Together, GIGABYTE and AMD deliver a richer and more immersive gaming experience through cutting-edge hardware innovation. GIGABYTE Partners with AMD to Enhance Game Value through Crimson Desert Bundle GIGABYTE Radeon™ RX 9070 Series graphics cards are powered by the AMD RDNA™ 4 architecture with enhanced ray-tracing capabilities and AMD FSR™ "Redstone" technology, which boosts frame rates and reduces system latency delivering the horsepower needed for demanding gaming. Equipped with GIGABYTE's WINDFORCE cooling system, including the Hawk fan design and server-grade thermal conductive gel, these GPUs maintain exceptional thermal efficiency for consistently optimized gameplay. GIGABYTE motherboards, when paired with the AMD Ryzen™ 9000X3D processors, deliver maximum gaming performance through AMD 3D V-Cache™ technology to minimize memory latency. GIGABYTE amplifies this advantage with X3D Turbo Mode 2.0, an exclusive hardware-software innovation that applies real-time, adaptive performance tuning informed by extensive real-world data training. The result: the full performance potential of X3D processors, unlocked. The partnership further extends to consumer products for gamers who prefer a complete system. GIGABYTE's latest AI gaming laptop, AERO X16, is a Copilot+ PC powered by the AMD Ryzen™ AI 9 HX370 processor that delivers best-in-class CPU and NPU performance. Leverage with GIGABYTE's exclusive AI agent, GiMATE, providing users with a smarter performance, productivity, and system control for everyday use. Designed for desktop gamers, the AORUS PRIME 5 gaming desktop is equipped with the AMD Ryzen™ ...
Madrid, Spain and Tel Aviv, Israel, February 10, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its fourth quarter 2025 results prior to 8:30AM US Eastern Time on February 26, 2026. At 8:30AM US Eastern Time on the same day, Codere Onli...
Madrid, Spain and Tel Aviv, Israel, February 10, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its fourth quarter 2025 results prior to 8:30AM US Eastern Time on February 26, 2026. At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update. The Company’s earnings press release and related materials will be available on Codere Online’s website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link are accessible in the Events & Presentations section of the same website. A recording of the webcast will be available following the conference call. About Codere Online Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina. Codere Online’s online business is complemented by Codere Group’s physical presence throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence. About Codere Group Codere Group is a multinational group devoted to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with presence in seven countries in Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay). Contacts: Investors and Media Guillermo Lancha Director, Investor Relations and Communications Guillermo.Lancha@codere.com (+34)-628-928-152
If you're searching for dividend stocks in the energy sector, these two stocks are solid choices. If you're seeking income from your portfolio, dividend-paying energy stocks are a solid choice. These companies have long-lived assets, steady cash flow, and disciplined capital management, enabling them to pay steady dividends to shareholders. They also stand to benefit from the growing demand for en...
If you're searching for dividend stocks in the energy sector, these two stocks are solid choices. If you're seeking income from your portfolio, dividend-paying energy stocks are a solid choice. These companies have long-lived assets, steady cash flow, and disciplined capital management, enabling them to pay steady dividends to shareholders. They also stand to benefit from the growing demand for energy from utilities and hyperscalers, and offer a hedge against rising energy prices. If this appeals to you, here are two dividend energy stocks to buy in February. ExxonMobil has raised its dividend over four decades ExxonMobil (XOM +1.54%) is a behemoth in the oil and gas industry. As an integrated company, Exxon engages in the exploration and production of gas and oil while also refining fuels into products such as gasoline, diesel, and other petrochemicals. The company has done an excellent job of navigating a volatile oil and gas industry. Its integrated business model and disciplined capital management are a major reason the company has raised its dividend payout for 43 consecutive years. The company has a rock-solid balance sheet and a break-even price that provides it with flexibility through whatever the commodity cycle throws at it. The company's assets in Guyana (the Stabroek block) are widely viewed as a low-cost growth engine for Exxon. Over the past five years, the company has had a return on capital employed of 11%, which is 2% better than its closest peer. Longer-term, Exxon expects to lower its break-even cost to $35 per barrel by 2027 and $30 per barrel by 2030. Expand NYSE : XOM ExxonMobil Today's Change ( 1.54 %) $ 2.29 Current Price $ 151.34 Key Data Points Market Cap $638B Day's Range $ 148.65 - $ 151.51 52wk Range $ 97.80 - $ 151.55 Volume 338 Avg Vol 18M Gross Margin 21.56 % Dividend Yield 2.65 % Not only has Exxon grown its dividend over four decades, but it has also returned substantial capital to shareholders through stock repurchases. For invest...
Founded by Palantir alumni, Foxtrot closes a Series A to scale operator-trusted, governed delivery across commercial and federal sectors. TYSONS CORNER, Va., February 10, 2026--(BUSINESS WIRE)--Foxtrot Professional Services, a Foundry-native Palantir partner founded by Palantir alumni, announced 9.1x year-over-year revenue growth as enterprises shift from AI experimentation to demanding governed, ...
Founded by Palantir alumni, Foxtrot closes a Series A to scale operator-trusted, governed delivery across commercial and federal sectors. TYSONS CORNER, Va., February 10, 2026--(BUSINESS WIRE)--Foxtrot Professional Services, a Foundry-native Palantir partner founded by Palantir alumni, announced 9.1x year-over-year revenue growth as enterprises shift from AI experimentation to demanding governed, operator-trusted systems in production. Foxtrot achieved this growth while remaining profitable and bootstrapped since inception, and has now closed a Series A financing round led by Spicewood Ventures, with Scare the Bear Capital participating, to support expanded delivery capacity across commercial and federal sectors. Enterprise AI has reached an inflection point. The challenge is no longer whether organizations can build models or run pilots. The bottleneck is the last mile: operational trust, governance that holds up under scrutiny and pressure, and workflows people actually adopt in their daily operations. Foxtrot was built by people who have lived Foundry from the inside, as builders, operators, and leaders, and who know what it takes for a system to survive beyond launch. "Most teams can get something working. Very few can get it trusted, adopted, and scaled," said Christine Williams, Co-CEO of Foxtrot Professional Services. "We build for that handoff from day one. Governance is engineered in, operators are part of the design, and we stay accountable to outcomes after go-live. The work is technical, but the difference is human. People change systems when they trust them." Over the past year, Foxtrot grew its team and customer base 4x and now supports customers across industries such as healthcare, manufacturing, fintech, insurance, and federal. Turning complex data into daily decisions Foxtrot helps global manufacturers protect margin amid trade volatility, helps hospital systems get the right supplies to the right patients faster, and helps food distributors run re...
Inspired by one of modern GT racing’s most competitive machines, the 793-piece building set recreates the Aston Martin Vantage GT3 using the Mattel Brick Shop real metal parts. EL SEGUNDO, Calif., February 10, 2026--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the world’s most iconic brand portfolios, today unveiled its late...
Inspired by one of modern GT racing’s most competitive machines, the 793-piece building set recreates the Aston Martin Vantage GT3 using the Mattel Brick Shop real metal parts. EL SEGUNDO, Calif., February 10, 2026--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the world’s most iconic brand portfolios, today unveiled its latest automotive collaboration at Toy Fair® in New York City. Mattel Brick Shop™ is expanding its successful Hot Wheels® line with Aston Martin to create an authentic 1:16 scale Aston Martin Vantage GT3 building set. Collectors can pre-order the new building set starting now at Walmart.com. The product will also be available at select retailers worldwide, including Amazon, Target, and Mattel Creations, starting this summer. The new Aston Martin Vantage GT3 will be included in the Mattel Brick Shop Hot Wheels Elite Series™ for the suggested retail price of $49.99. Inspired by one of modern GT racing’s most competitive machines, the 793-piece building set recreates the Aston Martin Vantage GT3 using the Mattel Brick Shop real metal parts. Constructed to accurately reflect the proportions, presence and aggressive stance of the original race car, the model conveys the Vantage GT3’s aerodynamic design, wide track and motorsport DNA. Features include opening doors and engine detailing and race-accurate aerodynamic elements such as splitters, diffusers, and a rear spoiler. Collectors can further personalize their model with interchangeable decals, racing numbers, and partner-licensed wheels, while a Hot Wheels signature metal plate completes the presentation. Additionally, an exclusive 1:64 scale Hot Wheels die-cast of the Vantage GT3 is included in the set. "For racing and car fans, the Aston Martin Vantage GT3 is pure bucket list material," said Ted Wu, senior vice president and Global Head of Vehicles and Building Sets at Mattel. "With the Mattel Brick Shop Hot Wheels line, we are...
In response, enterprises are moving decisively. Eighty-one percent (81%) have migrated, are migrating, or plan to migrate at least part of their Oracle Java to a non-Oracle OpenJDK distribution, while a significant 63% intend to migrate their entire Java estate. Cost remains the number one driver (37%) for migrating away from Oracle. Additional reasons enterprises migrate include: a preference for...
In response, enterprises are moving decisively. Eighty-one percent (81%) have migrated, are migrating, or plan to migrate at least part of their Oracle Java to a non-Oracle OpenJDK distribution, while a significant 63% intend to migrate their entire Java estate. Cost remains the number one driver (37%) for migrating away from Oracle. Additional reasons enterprises migrate include: a preference for open source (31%), uncertainty created by ongoing changes (29%) and Oracle Java audit risk (26%). Twenty-one percent of survey respondents have already been subjected to an Oracle Java audit. Since Oracle introduced its employee-based pricing model in 2023, frustration across the Java community has only intensified. This year’s State of Java Survey & Report reflects just how quickly concern is escalating: an overwhelming 92% of respondents report being concerned, while only 7% of respondents say they are "not at all concerned" about Oracle’s pricing, nearly half the level recorded last year. Satisfaction in Oracle’s Java licensing approach is eroding, prompting organizations to reassess whether maintaining Oracle Java aligns with their financial and operational strategies. In addition, 31% of respondents say more than half of the Java applications they build now contain AI functionality, supported by a mature ecosystem of Java-friendly AI libraries such as JavaML and Deep Java Library (DJL). The top capabilities survey participants say will be important for Java to remain competitive in an AI-enabled development landscape include long-term support for modern Java versions (35%), built-in security features (34%), observability insights (32%), support for large data access (30%), and integration with large language models (30%). While Java has long been the backbone of enterprise applications, the 2026 report highlights its growing significance in modern AI stacks thanks to its reliability, performance, security, and ability to run AI-enhanced services at scale. The 2026 Sta...
Highlights: Completion of Reverse Takeover by way of plan of arrangement with Lotus Gold Corporation. Completion of name change from Great Quest Gold to Ongwe Minerals Inc. with trading symbol OGW and consolidation of common shares. Closing of $4.85 Million Concurrent Financing at $0.50 per Share on a post-Consolidation basis. VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Further ...
Highlights: Completion of Reverse Takeover by way of plan of arrangement with Lotus Gold Corporation. Completion of name change from Great Quest Gold to Ongwe Minerals Inc. with trading symbol OGW and consolidation of common shares. Closing of $4.85 Million Concurrent Financing at $0.50 per Share on a post-Consolidation basis. VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Further to the news release dated February 3, 2026, Ongwe Minerals Inc. (formerly, Great Quest Gold Ltd.)(“Ongwe” or the “Company”) (TSX-V: OGW) is pleased to announce the closing yesterday of its previously announced reverse takeover transaction (the “RTO”) of Ongwe by Lotus Gold Corporation (“Lotus”) by way of a statutory plan of arrangement (the "Arrangement"), pursuant to which Ongwe has acquired all of the issued and outstanding common shares of Lotus by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) and Lotus became a wholly-owned subsidiary of the Company. Trading of the common shares of Ongwe (the "Ongwe Shares") continues to be halted, and final acceptance by the TSXV of the RTO will occur upon the issuance of the final bulletin in respect of the RTO by the TSXV (the "Final Bulletin") which is expected as early as on or about February 10, 2026. Subject to the issuance of the Final Bulletin, trading on a post-Consolidation (as defined below) basis will commence on the TSXV under the new trading symbol "OGW" as early as at the opening of trading on February 12, 2026. The Final Bulletin issued by the TSXV will confirm the date that trading will commence. Dave Underwood, Ongwe’s incoming CEO : “We are delighted to have finally concluded the RTO, and that Ongwe has thus been born as a new exciting gold explorer in Namibia. Working together with the highly accomplished technical founders team of Carl Joone and Harmen Potgieter, Ongwe Minerals represents the coming together of Namibian technical prowess, strong access to financi...
watch now VIDEO 3:07 03:07 December retail sales were flat, missing expectations Squawk Box Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday. Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for sea...
watch now VIDEO 3:07 03:07 December retail sales were flat, missing expectations Squawk Box Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday. Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase. On an annual basis, sales rose 2.4%, a considerable step down from the 3.3% pace in November. Sales ex-autos were up 3.3% annually in December. The report puts a downbeat end to an otherwise solid year for shopping activity, with higher-end consumers spending briskly through much of 2025, though those on the lower end of the income spectrum were more cautious. The shopping pace failed to keep up with inflation, as the consumer price index for December posted a 2.7% increase. For December, multiple categories posted losses while only a few showed notable gains. watch now VIDEO 5:15 05:15 Experts break down the December retail sales data Squawk Box Miscellaneous retailers and furniture stores posted declines of 0.9%, while clothing and accessories stores were off 0.7% and electronics and appliances saw a drop of 0.4%. Online outlets sales rose just 0.1%, while building materials and garden centers saw the strongest gain, up 1.2%. "This is a K-shaped economy with strong spending from the top and much more cautious spending from middle- and lower-income consumers," said Heather Long, chief economist at Navy Federal Credit Union. "Retail sales were flat in December, driven by soft spending on autos, home furnishings, appliances and clothing. These items were hard hit by tariffs in 2025 and consumers shifted their spending elsewhere." Fourth-quarter economic activity otherwise was strong, with the Atla...
(RTTNews) - Stocks may move to the downside in early trading on Tuesday, giving back ground after moving notably higher over the two previous sessions. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. The futures edged lower following the release of a report from the Commerce Department showing retail sales in th...
(RTTNews) - Stocks may move to the downside in early trading on Tuesday, giving back ground after moving notably higher over the two previous sessions. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. The futures edged lower following the release of a report from the Commerce Department showing retail sales in the U.S. were unexpectedly flat in the month of December. The report said retail sales came in virtually unchanged in December after climbing by 0.6 percent in November. Economists had expected retail sales to rise by 0.4 percent. Excluding a slight dip in sales by motor vehicle and parts dealers, retail sales were still virtually unchanged in December after increasing by 0.4 percent in November. Ex-auto sales were expected to grow by 0.3 percent. A separate report released by the Labor Department showed import prices in the U.S. crept up in line with estimates in the month of December. The Labor Department said import prices inched up by 0.1 percent in December, in line with expectations. While the report also said export prices rose by 0.3 percent in December, economists had expected export prices to tick up by 0.1 percent. Stocks moved mostly higher over the course of the trading day on Monday, extending the strong upward move seen during last Friday's session. While the Dow crept up to a new record closing high, the tech-heavy Nasdaq showed a more notable move to the upside. The major averages all finished the day in positive territory. The Dow crept up 20.20 points or less than a tenth of a percent to 50,135.87, the Nasdaq jumped 207.46 points or 0.9 percent to 23,238.67 and the S&P 500 climbed 32.52 points or 0.5 percent to 6,964.82. In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Tuesday. Japan's Nikkei 225 Index surged by 2.3 percent, while Hong Kong's Hang Seng Index advanced by 0.6 percent. Meanwhile, the major...
By Aditya Kalra and Munsif Vengattil NEW DELHI, Feb 10 (Reuters) - India's government said social media companies would have to take down unlawful content within three hours of being notified about it, tightening on Tuesday an earlier 36-hour timeline in what could be a compliance challenge for Meta, YouTube and X. The changes amend India's 2021 IT rules, which have already been a flashpoint bet...
By Aditya Kalra and Munsif Vengattil NEW DELHI, Feb 10 (Reuters) - India's government said social media companies would have to take down unlawful content within three hours of being notified about it, tightening on Tuesday an earlier 36-hour timeline in what could be a compliance challenge for Meta, YouTube and X. The changes amend India's 2021 IT rules, which have already been a flashpoint between Prime Minister Narendra Modi's government and global technology companies. The new regulations will take effect from February 20. The move reinforces India's position as one of the world’s most aggressive regulators of online content, requiring platforms to balance compliance in a market of 1 billion internet users against mounting concerns over government censorship. The government directive did not give any reason for the change in the timeline for takedowns. "It's practically impossible for social media firms to remove content in three hours," said Akash Karmakar, a partner at Indian law firm Panag & Babu who specialises in technology law. "This assumes no application of mind or real world ability to resist compliance." India has taken many steps to control online speech, empowering scores of officers in recent years to order content removal. That has often drawn criticism from digital rights advocates and prompted clashes with companies including Elon Musk’s X. THOUSANDS OF TAKEDOWN ORDERS Facebook-owner Meta declined to comment on the changes, while X and Alphabet's Google, which operates YouTube, did not immediately respond to requests for comment. There is mounting global pressure on social media companies to police content more aggressively, with governments from Brussels to Brasilia demanding faster takedowns and greater accountability. India's IT rules empower the government to order the removal of content deemed illegal under any of its laws, including those related to national security and public order. The country has issued thousands of takedown ...
Navellier & Associates Inc. raised its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 5.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,970 shares of the company's stock after purchasing an additional 4,697 shares during the quarter. Palantir Technologies accounts for 1.6% of Navellier & Associ...
Navellier & Associates Inc. raised its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 5.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,970 shares of the company's stock after purchasing an additional 4,697 shares during the quarter. Palantir Technologies accounts for 1.6% of Navellier & Associates Inc.'s holdings, making the stock its 8th largest holding. Navellier & Associates Inc.'s holdings in Palantir Technologies were worth $16,047,000 as of its most recent SEC filing. Several other large investors have also modified their holdings of PLTR. Revolve Wealth Partners LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter worth about $450,000. Bison Wealth LLC lifted its position in Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC lifted its position in Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock valued at $1,447,000 after buying an additional 4,722 shares during the last quarter. Robertson Stephens Wealth Management LLC purchased a new position in Palantir Technologies during the second quarter worth about $260,000. Finally, Inspire Investing LLC acquired a new stake in shares of Palantir Technologies during the second quarter valued at about $271,000. Institutional investors and hedge funds own 45.65% of the company's stock. Get Palantir Technologies alerts: Sign Up Wall Street Analysts Forecast Growth Several brokerages have recently commented on PLTR. HSBC upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 price objective on the stock in a report on Tuesday, February 3rd. Loop Capital cut their target pric...
Amiba Capital focuses on early- and growth-stage investments in technology and internet companies, placing strong emphasis on core R&D capabilities, the sustainability of business models and long-term value creation. It has invested in well-known companies including Meituan, Didi, Mogujie and Jushuitan. DirectBooking Technology believes that Wang Donghui’s participation will provide professional s...
Amiba Capital focuses on early- and growth-stage investments in technology and internet companies, placing strong emphasis on core R&D capabilities, the sustainability of business models and long-term value creation. It has invested in well-known companies including Meituan, Didi, Mogujie and Jushuitan. DirectBooking Technology believes that Wang Donghui’s participation will provide professional support in areas such as capital planning, corporate governance and digital product roadmapping, helping the Company build scalable and replicable business models across its “baijiu + culture and tourism + retail” digital scenarios. Wang Donghui, Founding Managing Partner of Amiba Capital, previously served as Chief Financial Officer and Senior Vice President of Kingsoft, where he helped lead Kingsoft’s Hong Kong IPO and worked closely for many years with Xiaomi founder Lei Jun. He is regarded as one of the key figures in China’s technology and internet venture investment community. As one of the most representative entrepreneurs in China’s internet industry, Yao Jinbo is the Chairman and CEO of 58.com Group. He has long been deeply involved in local lifestyle services and classified information platform ecosystems, and is widely recognized as an industry investor with strong foresight. His investment portfolio spans internet platforms, lifestyle services, technological innovation and emerging industries, with an emphasis on medium- to long-term positioning in structural growth sectors. The Company noted that this financing round is not merely a financial capital injection, but more importantly a deep strategic alliance in terms of resources. It will help accelerate the rollout and expansion of DirectBooking Technology’s hotel AI booking platform. HONG KONG, Feb. 10, 2026 (GLOBE NEWSWIRE) -- DirectBooking Technology Co., Ltd. (“DirectBooking Technology” or the “Company”, Nasdaq: ZDAI) announced that it has entered into share purchase agreements with several heavyweight inves...
(RTTNews) - Jacobs Solutions Inc. (J), Tuesday announced that the company has been awarded a contract under the U.S. Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense indefinite-delivery/indefinite-quantity contract. The company added that the contract, which has a ceiling value of $151 billion, focuses on the development and integration of advanced, scalable solutio...
(RTTNews) - Jacobs Solutions Inc. (J), Tuesday announced that the company has been awarded a contract under the U.S. Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense indefinite-delivery/indefinite-quantity contract. The company added that the contract, which has a ceiling value of $151 billion, focuses on the development and integration of advanced, scalable solutions across complex, mission-critical system environments. Jacobs would provide its software-focused capabilities to support secure digital architectures and resilient systems, enabling increased speed and agility in solution delivery. In the pre-market hours, J is trading at $153.15, up 2.67 percent on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.