Crypto markets rebounded on Wednesday, recovering from a selloff triggered by the escalating conflict in the Middle East and shaking off pain in other asset classes. Bitcoin rallied as much as 5.6% to briefly surpass the $71,812 mark in morning trading in London, hitting its highest value in nearly a month. Ether also surged — up as much as 6% to $2,086 — with cryptocurrencies forming a sea of gre...
Crypto markets rebounded on Wednesday, recovering from a selloff triggered by the escalating conflict in the Middle East and shaking off pain in other asset classes. Bitcoin rallied as much as 5.6% to briefly surpass the $71,812 mark in morning trading in London, hitting its highest value in nearly a month. Ether also surged — up as much as 6% to $2,086 — with cryptocurrencies forming a sea of green. The world’s largest cryptocurrency had weathered a rocky few days since US and Israeli forces attacked Iran on Saturday, at one point dropping as low as $63,038 that day. Since then, investors have largely rallied around digital assets, with spot Bitcoin exchange-traded funds in the US raking in more than $680 million in inflows on Monday and Tuesday, according to data compiled by Bloomberg. “This is a victory for cryptocurrencies, given the impressive selloff those financial markets and gold experienced the day before,” said Alex Kuptsikevich, chief market analyst at FxPro. “Perhaps some traders are looking at crypto as a safe haven.” Asia’s benchmark index plunged the most in nearly a year on Wednesday, led by a record selloff in South Korean equities. Futures for US stock indexes also fell across the board, while Europe’s Stoxx 600 rallied slightly. Gold briefly traded below $5,000 per ounce on Tuesday, before rebounding slightly to trade above $5,160 on Wednesday morning. “Sentiment remains highly wary on financial markets as investors assess the latest developments in the Middle East and brace for fresh turbulence,” said Susannah Streeter , chief investment strategist at Wealth Club. Read More: Stocks Extend Slump as Prospect of Quick War Fades: Markets Wrap Despite Wednesday’s rebound, crypto markets remain on edge, with Bitcoin still about 40% below its October peak following a prolonged selloff. “We still consider the situation too fragile to say that the bottom has been reached,” Kuptsikevich added. “Bitcoin is vulnerable due to the increased volatility of stoc...
dm3d/iStock via Getty Images The S&P Global UK Composite PMI stood at 53.7 in February 2026, unchanged from January’s 17-month high but slightly below the preliminary estimate of 53.9. The S&P Global UK Services PMI was confirmed at 53.9 in February 2026, just below January’s 54 five-month high. "Business activity continued to pick up across the UK service economy in February, with growth holding ...
dm3d/iStock via Getty Images The S&P Global UK Composite PMI stood at 53.7 in February 2026, unchanged from January’s 17-month high but slightly below the preliminary estimate of 53.9. The S&P Global UK Services PMI was confirmed at 53.9 in February 2026, just below January’s 54 five-month high. "Business activity continued to pick up across the UK service economy in February, with growth holding close to the five-month high seen at the start of 2026. Survey respondents commented on rising new business intakes and improving sales pipelines. This was linked to greater business and consumer spending, especially in domestic markets. Export orders were relatively subdued, however, and the rate of expansion slipped to a threemonth low." said Tim Moore, Economics Director at S&P Global Market Intelligence. More on UK FLGB: Conflicted About Pursuing This Competent U.K. ETF Now GBP/USD Breaks Trendline; Is A 470-Odd Pip Decline On The Way? (Technical Analysis) U.K. GDP Underwhelms With 0.1% Growth In Q4, FTSE 100 Slips And GBP/USD Advances European indexes rebound, keeping close eye on Middle East tensions Trump criticizes Starmer, says U.S.-U.K. ties ‘not like it used to be’ amid dispute over Iran strikes
spawns/iStock via Getty Images Market Maintains Its Enthusiasm for Skeena Resources: Justified We're not straying one bit from the current enthusiasm surrounding the NYSE-listed shares of Skeena Resources Limited ( SKE ), as this is exactly how the market feels about the stock. Fully understanding the market's perspective, our Buy signal aligns with our previous article . Source: MarketWatch Progr...
spawns/iStock via Getty Images Market Maintains Its Enthusiasm for Skeena Resources: Justified We're not straying one bit from the current enthusiasm surrounding the NYSE-listed shares of Skeena Resources Limited ( SKE ), as this is exactly how the market feels about the stock. Fully understanding the market's perspective, our Buy signal aligns with our previous article . Source: MarketWatch Progress at Eskay Creek and Investor Confidence The desire to own Skeena shares is obvious – it doesn’t take much to see it. The transparency with which this Canadian company is advancing its project for a precious metals production facility at the Eskay Creek project in British Columbia's Golden Triangle region is evident, with strides being made at every step. In this update article, which follows up on our previous coverage, the momentum is confirmed in three key areas, each reflecting continuous progress: the company's growth and investor confidence; deeper insights into the company's health and strategy; and the market dynamics and surrounding exploration that are driving interest in the value of the Eskay Creek Project. Source: TradingView Statistics confirm this upward trend: Since November 8, 2025, the publication date of our previous article, a remarkable development has taken place: Skeena shares have overtaken the VanEck Junior Gold Miners ETF ( GDXJ ) and are following the bullishness of the Gold Spot Price ( XAUUSD:CUR ). To keep the chart clear, we use gold exclusively as the benchmark. This is also because Eskay Creek is expected to consist of 70% gold and 30% silver. The GDXJ ETF serves as an index representing all stocks in the precious global metal exploration and mining sector. From Our Previous Coverage In our previous analysis, we upgraded Skeena Resources' NYSE-listed shares to “Buy”. We recognized the company's strong growth potential, particularly with regard to the Eskay Creek project, one of the most productive and cost-effective gold and silver mines i...
"Talking to people on the ground, I'm not just hearing about Iran," said Chase McGee, the Denton city councillor. "Having said that, I don't know that we have seen the rise in gas prices yet that we are likely to see as a result of the missions going on with Iran."
"Talking to people on the ground, I'm not just hearing about Iran," said Chase McGee, the Denton city councillor. "Having said that, I don't know that we have seen the rise in gas prices yet that we are likely to see as a result of the missions going on with Iran."
Key Points Form 13Fs help investors track which stocks and exchange-traded funds (ETFs) Wall Street's most successful money managers bought and sold in the latest quarter. Profit-taking looks to have been on billionaire Stanley Druckenmiller's mind when he notably reduced his fund's stakes in Teva Pharmaceutical and Taiwan Semiconductor in the fourth quarter. Meanwhile, Duquesne's billionaire boss...
Key Points Form 13Fs help investors track which stocks and exchange-traded funds (ETFs) Wall Street's most successful money managers bought and sold in the latest quarter. Profit-taking looks to have been on billionaire Stanley Druckenmiller's mind when he notably reduced his fund's stakes in Teva Pharmaceutical and Taiwan Semiconductor in the fourth quarter. Meanwhile, Duquesne's billionaire boss piled into a sector ETF that's highly sensitive to interest rate shifts. 10 stocks we like better than Select Sector SPDR Trust - State Street Financial Select Sector SPDR ETF › Two weeks ago, on Feb. 17, institutional investors with at least $100 million in assets under management were required to file Form 13F with regulators. A 13F is an invaluable data set that allows investors to track which stocks and exchange-traded funds (ETFs) Wall Street's preeminent money managers bought and sold in the latest quarter. Following Warren Buffett's retirement, Stanley Druckenmiller of Duquesne Family Office is, arguably, Wall Street's savviest billionaire investor. According to Duquesne's 13F, its billionaire boss was a decisive seller of two top-performing stocks during the fourth quarter -- Teva Pharmaceutical Industries (NYSE: TEVA) and Taiwan Semiconductor Manufacturing (NYSE: TSM), commonly known as "TSMC" -- and a big-time buyer of an ultra-popular sector-based ETF. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Five silver dice stamped with the words buy and sell that are rolling across a digital screen displaying stock charts. Image source: Getty Images. Billionaire Stanley Druckenmiller is paring down two of his biggest winners According to Duquesne's latest 13F filing, Druckenmiller reduced his fund's position in Teva Pharmaceutical by 10,719,065 shares (a 65% cut) and sent 222,000 shares of TSMC to th...
PhonlamaiPhoto/iStock via Getty Images Central bank gold buying momentum eased at the start of the year, compared to the prior 12-month average of 27t. Net purchases for the month of January totalled 5t (Chart 1). Volatile gold prices and the holiday season may have given some central banks pause, though geopolitical tensions, which have shown little sign of abating, are likely to keep accumulatio...
PhonlamaiPhoto/iStock via Getty Images Central bank gold buying momentum eased at the start of the year, compared to the prior 12-month average of 27t. Net purchases for the month of January totalled 5t (Chart 1). Volatile gold prices and the holiday season may have given some central banks pause, though geopolitical tensions, which have shown little sign of abating, are likely to keep accumulation going through 2026 and beyond. Chart 1: Central banks buying momentum intact even as gold prices climb Monthly reported central banks activity, tonnes* *Data to 30 January 2026, where available (Source: IMF, respective central banks, World Gold Council) Reported activity in January has been concentrated in: The Central Bank of Uzbekistan bought 9t this month, continuing its buying streak since October. The purchase lifted its gold reserves to 399t. The growth in Uzbekistan’s gold reserves has been quite precedented; it stood at 57% in the same period in 2020 and grew to 86% of its reserves as of January 2026. 1 Bank Negara Malaysia was a new name amongst the gold purchasers, having bought 3t in January – its first increase since 2018. The central bank lifted its gold reserves to 42t, or 5% of its total reserves as of the end of January. Other central banks that bought gold this month include the Czech Republic (2t), Indonesia (2t), China and Serbia at 1t each. China’s 15 consecutive months of gold buying have lifted its gold reserves to nearly 10% of total reserves. Bank of Russia was the largest net seller this month (9t). This is followed by the Bulgarian National Bank (2t), which transferred the gold to the ECB as part of the country’s euro adoption, which took place on 1st January 2026, making it the 21 st member of the European Union. 2 The Kazakhstan and the Kyrgyz Republic also decreased their gold reserves, each by one tonne. Chart 2: Central bank gold purchases off to a slower start in 2026 Central bank net purchases and sales, tonnes* *Data to 30 January 2026, w...
J Studios/DigitalVision via Getty Images Introduction Western Midstream ( WES ) has been on a tear operationally, especially in the Delaware Basin, and the company has quietly repositioned itself into something much more than just Occidental’s midstream vehicle. Coming off a record 2025, sporting a yield above 8.7%, and benefitting from what I think is a structural shift in energy demand, WES look...
J Studios/DigitalVision via Getty Images Introduction Western Midstream ( WES ) has been on a tear operationally, especially in the Delaware Basin, and the company has quietly repositioned itself into something much more than just Occidental’s midstream vehicle. Coming off a record 2025, sporting a yield above 8.7%, and benefitting from what I think is a structural shift in energy demand, WES looks like one of the better income plays in midstream right now. Current Dynamics I’ll start with the most recent earnings since WES reported full-year 2025 numbers back on February 18th. The company posted a record adjusted EBITDA of $2.48 billion, up about 5.7% year over year, which is solid for a midstream name that’s already fairly mature. Free cash flow hit $1.526 billion, coming in above the high end of guidance. On the distribution side, WES bumped its quarterly payout to $0.93 per unit, so annualized that’s $3.72, a 6.3% jump from 2024. Coverage is still healthy with about $95 million in positive free cash flow after distributions. Throughput numbers were really where the story shined. The Delaware Basin hit a record 1.9 Bcf/d in natural gas; that’s a 14% increase Y/Y, which is pretty impressive for a basin that continues to mature. Crude and NGL throughput also reached records at 396 MBbls/d. What caught my attention, though, was the DJ Basin actually posting its first annual increase in crude and NGL volumes since 2019 , meaning that the basin still has life left in it. The Powder River Basin assets from the Meritage deal are now fully integrated and contributing real volumes. On the infrastructure front, WES brought online the Mentone III processing train at 300 MMcf/d and finished the North Loving plant at 250 MMcf/d, both in the Delaware. They also locked in a multi-year processing deal with Kinder Morgan’s Altamont pipeline for up to 150 MMcf/d of firm processing at WES’s Chipeta plant out in the Uinta Basin. All of this new capacity is important because it means...
Amazon.com, Inc. (NASDAQ:AMZN) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 86,971,840 shares, an increase of 21.1% from the January 29th total of 71,847,643 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 78,781,734 shares, the ...
Amazon.com, Inc. (NASDAQ:AMZN) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 86,971,840 shares, an increase of 21.1% from the January 29th total of 71,847,643 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 78,781,734 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 78,781,734 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.9% of the shares of the company are sold short. Get Amazon.com alerts: Sign Up Analyst Ratings Changes Several research firms have weighed in on AMZN. Sanford C. Bernstein reissued an "outperform" rating on shares of Amazon.com in a report on Friday, February 6th. Cantor Fitzgerald set a $250.00 target price on Amazon.com and gave the stock an "overweight" rating in a research note on Friday, February 6th. DZ Bank raised Amazon.com to a "strong-buy" rating in a report on Friday, February 6th. TD Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, February 6th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $287.29. Check Out Our Latest Stock Report on AMZN Amazon.com Price Performance Amazon.com stock opened at $208.73 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com has a 52 week low of $161.38 and a 52 week high of $258.60. The stock has a market capitalization of $2.24 trillion, a P/E ratio of 29.11, a price-to-earnings-growth ratio of 1.56 a...
(RTTNews) - Oil prices continued to rise on Wednesday on signs the war in Iran is expanding into a broader regional conflict. Benchmark Brent crude futures traded up 2.5 percent at $83.46 a barrel, hitting a 14-month high as the U.S. and Israeli strikes on Iranian targets coupled with retaliatory attacks by Tehran posed threats to energy infrastructure and commercial shipping in the Gulf. WTI crud...
(RTTNews) - Oil prices continued to rise on Wednesday on signs the war in Iran is expanding into a broader regional conflict. Benchmark Brent crude futures traded up 2.5 percent at $83.46 a barrel, hitting a 14-month high as the U.S. and Israeli strikes on Iranian targets coupled with retaliatory attacks by Tehran posed threats to energy infrastructure and commercial shipping in the Gulf. WTI crude futures were up 2.8 percent at $76.66. The conflict widened on Tuesday, with Israel hitting targets in Lebanon, while Iran stepped up missile and drone attacks in the region, targeting Israel, Saudi Arabia, the United Arab Emirates, Oman and Bahrain. Iraq — OPEC's second-largest producer after Saudi Arabia — has cut output by nearly 1.5 million barrels per day, citing export bottlenecks and storage constraints. Saudi Arabia is also scrambling to shield exports. Qatar has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike. As the conflict threatens global fuel trade, U.S. President Donald Trump said the U.S. Navy 'will begin escorting' oil tankers through the Strait of Hormuz, a strategic waterway, if necessary. Trump also said he had instructed officials to provide political risk insurance and financial guarantees at a reasonable cost to secure maritime trade passing through the Gulf, particularly energy shipments. Meanwhile, after signaling a prolonged campaign, Trump claimed that the stockpile of ammunition needed for military operations against Iran is at an all-time high. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.