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.
Getty Images Alphabet Inc. ( GOOGL / GOOG ) released fourth-quarter and full-year 2025 earnings on Feb. 4, 2026, and the figures were solid. Fourth quarter revenue came in at around $113.83 billion, while the quarter's diluted EPS was $2.82, outpacing estimates by 2.11% and 6.78%, respectively. As for its annual figures, Alphabet pulled in around $402.84 billion in revenue, roughly in line with es...
Getty Images Alphabet Inc. ( GOOGL / GOOG ) released fourth-quarter and full-year 2025 earnings on Feb. 4, 2026, and the figures were solid. Fourth quarter revenue came in at around $113.83 billion, while the quarter's diluted EPS was $2.82, outpacing estimates by 2.11% and 6.78%, respectively. As for its annual figures, Alphabet pulled in around $402.84 billion in revenue, roughly in line with estimates, and reported diluted EPS of $10.81, which beat estimates by 2.03%. However, despite the report, the stock dropped about 7% after the earnings, settling at around $323 per share, which is still below the pre-earnings level of roughly $333. Spoiler: Considering the report and the growth drivers I covered in this analysis, my Strong Buy rating for Alphabet remains unchanged. Now, let’s have a closer look at what the fourth quarter numbers looked like. What’s with Alphabet’s fourth quarter and full-year 2025 financials? Top line Q4 revenue rose 18% to roughly $113.83 billion, which was largely driven by the Google Services segment. On that note, here’s a quick look at how each segment performed in the recent quarter: Segment Q4 2024 Q4 2025 YOY Change Google Services $84,094 $95,862 14% Google Cloud $11,955 $17,664 48% Other Bets $400 $370 -7.5% Hedging Gains $20 ($68) N/A Total Revenues $96,469 $113,828 18% Click to enlarge Note: USD in Millions. Now, Alphabet’s Google Cloud segment grew 48% year-over-year, which reflects a significant acceleration from the 34% growth rate in the previous quarter. I guess this cleared up a lot of uncertainties about Google Cloud’s near-term momentum. If the segment maintains this growth pace in 2026 and 2027, it might help iron out some doubts about Alphabet’s AI spending. Going back, gross profit climbed 21.8% to about $68 billion with gross margin expanding by 2.1% to 59.8%. So Alphabet is keeping almost $0.60 of each revenue dollar after covering direct business costs, and this number is getting bigger, which is a good sign. Furthe...
Getty Images Alphabet Inc. ( GOOGL / GOOG ) released fourth-quarter and full-year 2025 earnings on Feb. 4, 2026, and the figures were solid. Fourth quarter revenue came in at around $113.83 billion, while the quarter's diluted EPS was $2.82, outpacing estimates by 2.11% and 6.78%, respectively. As for its annual figures, Alphabet pulled in around $402.84 billion in revenue, roughly in line with es...
Getty Images Alphabet Inc. ( GOOGL / GOOG ) released fourth-quarter and full-year 2025 earnings on Feb. 4, 2026, and the figures were solid. Fourth quarter revenue came in at around $113.83 billion, while the quarter's diluted EPS was $2.82, outpacing estimates by 2.11% and 6.78%, respectively. As for its annual figures, Alphabet pulled in around $402.84 billion in revenue, roughly in line with estimates, and reported diluted EPS of $10.81, which beat estimates by 2.03%. However, despite the report, the stock dropped about 7% after the earnings, settling at around $323 per share, which is still below the pre-earnings level of roughly $333. Spoiler: Considering the report and the growth drivers I covered in this analysis, my Strong Buy rating for Alphabet remains unchanged. Now, let’s have a closer look at what the fourth quarter numbers looked like. What’s with Alphabet’s fourth quarter and full-year 2025 financials? Top line Q4 revenue rose 18% to roughly $113.83 billion, which was largely driven by the Google Services segment. On that note, here’s a quick look at how each segment performed in the recent quarter: Segment Q4 2024 Q4 2025 YOY Change Google Services $84,094 $95,862 14% Google Cloud $11,955 $17,664 48% Other Bets $400 $370 -7.5% Hedging Gains $20 ($68) N/A Total Revenues $96,469 $113,828 18% Click to enlarge Note: USD in Millions. Now, Alphabet’s Google Cloud segment grew 48% year-over-year, which reflects a significant acceleration from the 34% growth rate in the previous quarter. I guess this cleared up a lot of uncertainties about Google Cloud’s near-term momentum. If the segment maintains this growth pace in 2026 and 2027, it might help iron out some doubts about Alphabet’s AI spending. Going back, gross profit climbed 21.8% to about $68 billion with gross margin expanding by 2.1% to 59.8%. So Alphabet is keeping almost $0.60 of each revenue dollar after covering direct business costs, and this number is getting bigger, which is a good sign. Furthe...
(RTTNews) - Hoth Therapeutics, Inc. (HOTH), a patient-focused biopharmaceutical company, Tuesday announced preclinical data from its VA-backed study on glial cell-derived neurotrophic factor (GDNF) as a novel treatment for obesity and metabolic-associated steatotic liver disease (MASLD). In a head-to-head comparison, glial cell-derived neurotrophic factor demonstrated superior efficacy over semagl...
(RTTNews) - Hoth Therapeutics, Inc. (HOTH), a patient-focused biopharmaceutical company, Tuesday announced preclinical data from its VA-backed study on glial cell-derived neurotrophic factor (GDNF) as a novel treatment for obesity and metabolic-associated steatotic liver disease (MASLD). In a head-to-head comparison, glial cell-derived neurotrophic factor demonstrated superior efficacy over semaglutide in key metrics, including weight stabilization, glucose tolerance, liver weight reduction, and adipose tissue control—particularly in female models. This breakthrough positions glial cell-derived neurotrophic factor as a potential game-changer in the $200 billion obesity market, offering a differentiated mechanism that could address limitations of current GLP-1 agonists like gastrointestinal side effects and muscle loss. With obesity affecting over 1 billion people globally and MASLD impacting up to 30% of adults, GDNF's multi-faceted benefits could revolutionize treatment paradigms. "These results are a monumental step forward for Hoth and the fight against obesity," said Robb Knie, CEO of Hoth Therapeutics. "GDNF not only matched but exceeded semaglutide in critical areas, opening doors to a new era of safer, more effective therapies. As we advance this program, we're excited about its potential to deliver life-changing outcomes for patients and significant value for our shareholders." Hoth's glial cell-derived neurotrophic factor program is part of a robust pipeline, including HT-001 (Phase 2 for cancer-related skin toxicities), HT-KIT (Orphan Drug Designation for mast cell cancers), and HT-ALZ (for Alzheimer's). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
On Feb. 6, the Dow Index achieved a milestone, crossing the technically crucial 50,000 level for the first time in its history. The 30-stock index reached 50,169.65 before finishing at 50,115.67. On Feb. 9, the blue-chip index further extended its gains closing at a new high of 50,135.87 after touching an all-time record-high of 50,219.40. Dow’s momentum is likely to continue as an extremely high ...
On Feb. 6, the Dow Index achieved a milestone, crossing the technically crucial 50,000 level for the first time in its history. The 30-stock index reached 50,169.65 before finishing at 50,115.67. On Feb. 9, the blue-chip index further extended its gains closing at a new high of 50,135.87 after touching an all-time record-high of 50,219.40. Dow’s momentum is likely to continue as an extremely high valuation of the technology sector, compelled market participants to shift from technology to other cyclical sectors. Dow is more inclined toward cyclical stocks. At this stage, we recommend buying five blue-chip stocks with a favorable Zacks Rank. These are: Apple Inc. AAPL, NVIDIA Corp. NVDA, The Goldman Sachs Group Inc. GS, Salesforce Inc. CRM and Walmart Inc. WMT. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks year to date. Zacks Investment Research Image Source: Zacks Investment Research Apple Inc. Apple is benefiting from strong growth in iPhone and Services revenues. AAPL continues to gain momentum in emerging markets. India and Greater China reported strong fiscal first-quarter 2026 growth driven by iPhone. The company now has more than 1 billion paid subscribers across its Services portfolio and 2.5 billion active devices. The expanding capabilities of artificial intelligence (AI) are noteworthy. AAPL expects the March quarter’s net sales to grow between 13% and 16% on a year-over-year basis despite constrained iPhone supply. Services are expected to grow at the fourth-quarter fiscal 2025 rate. Apple’s prospects ride on the success of Apple Intelligence. Since the launch of Apple Intelligence, AAPL has introduced dozens of features, including writing tools and cleanup and made it available in 15 languages. Visual intelligence is helping users learn and do more with the content on their iPhone screen, making it faster to search, take ac...
A camel race and Donald Trump taking a Liberty: photos of the day – Tuesday The Guardian’s picture editors select photographs from around the world A carnival float in Mainz, Germany, depicting Donald Trump dancing with the Statue of Liberty. Photograph: Ronald Wittek/EPA
A camel race and Donald Trump taking a Liberty: photos of the day – Tuesday The Guardian’s picture editors select photographs from around the world A carnival float in Mainz, Germany, depicting Donald Trump dancing with the Statue of Liberty. Photograph: Ronald Wittek/EPA