Traders work on the American Stock Exchange (AMEX) floor of the New York Stock Exchange (NYSE) on Monday, February 9, 2026 in New York, USA.
Michael Nagle | Bloomberg | Getty Images
US markets closed higher last night. Big Tech stocks mostly rallied; oracle Soared 9.6%, microsoft It rose by 3.1%. it helped S&P500 Increased by 0.47%, with many high-tech industries Nasdaq Composite Increased by 0.9%. of Dow Jones Industrial Average It rose 0.04%, but still set another record.
Asian stocks mostly followed Wall Street gains on Tuesday, with Japanese stocks also rising. Nikkei Stock Average It rose more than 2% and outperformed its regional competitors. Investors continue to engage in the “high market trade,” hoping that Prime Minister Sanae Takaichi’s economic policies will boost Japanese stocks.
Despite gains in U.S. and Asian stocks, concerns about large capital expenditures and funding still swirl in the Big Tech industry. alphabet warned in its annual financial report last week that less-than-ideal scenarios could leave it with “excess capacity” in its data centres.
That said, Google’s parent company still plans to raise $20 billion through the sale of U.S. dollar-denominated bonds (each bond will mature over 100 years and be denominated in pounds), said the people, who requested anonymity because the details are confidential.
In other tech news, ChatGPT is “back to more than 10% monthly growth,” according to a memo from CEO Sam Altman to employees. If the industry as a whole can enjoy such expansion over the long term, Alphabet is unlikely to face the problem of “overcapacity.”
Meanwhile, oil prices fell slightly on Tuesday despite the European Union’s plans to impose sanctions on Indonesian and Georgian ports over their handling of Russian crude, Reuters reported.
As European markets open, here are some stocks to keep an eye on. AstraZeneca, barclays and keringall reporting earnings today. standard chartered, The company’s shares fell 3.4% in Hong Kong following the sudden resignation of Diego de Giorgi, who had been widely rumored to be the bank’s next leader.
—CNBC’s Jennifer Elias and Leonie Kidd contributed to this report.
What you need to know today
It is “impossible” to shift 40% of the chip supply chain from Taiwan to the United States, Taiwan’s top trade negotiator, Vice Premier Chen Li-chiun, told Washington. The comments are a pushback against U.S. Commerce Secretary Howard Lutnick’s domestic footprint goals outlined in a CNBC interview in January.
China on Monday slammed Britain’s decision to expand the system for Hong Kong residents to apply for British nationals’ overseas visas, calling it “despicable”. The move comes a day after Hong Kong sentenced pro-democracy media mogul Jimmy Lai to 20 years in prison.
In a notice issued by the U.S. Maritime Administration on Monday, the United States urges ships to stay away from Iranian waters “as much as possible.” The agency said the latest boarding attempt, which involved using small boats and helicopters to push commercial vessels into Iranian territorial waters, occurred on February 3.
The S&P 500 rose on Monday, snapping a streak of gains. Other major US indexes also rose, with the Dow Jones Industrial Average closing at a new all-time high. Asia-Pacific markets were mostly up on Tuesday. shares of Softbank Group Hanwha Aerospace soared 11.95%, while Hanwha Aerospace fell more than 6%.
(PRO) Two stocks pivot from mining Bitcoin to supplying data centers to AI players, with shares potentially more than doubling Morgan Stanley.
And finally…
Gold and silver price fluctuations are impacting algo traders and machine learning funds
As gold and silver prices remain volatile, some in the hedge fund industry are looking for opportunities in the precious metals’ wild swings.
A commodity trading advisor, also known as a trend-following fund or managed futures fund, is a computer-driven investment strategy that trades investment trends across a variety of futures markets, including stocks, bonds, currencies, and commodities.
— Hugh Leask
