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Bitcoin price breifly reclaims $69K after cool US CPI print; H, KITE, lead altcoins 

Following a notable liquidation event during the early hours of Friday, Feb.13, Bitcoin price action transitioned into a defensive consolidation phase as the market sought a stable floor.  The bellwether faced significant downward pressure in the pre-dawn session, sliding toward a weekly low of approximately $65,000 amidst a massive flush of leveraged positions. Total crypto

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Business

Micron stock plunges on Friday: has the rally run too far?

Micron stock (NASDAQ: MU) extended a pullback into Friday after a sharp run that had turned the memory-chip maker into a momentum favorite. Today’s plunge left traders to ask a blunt question: has the rally simply moved too far, too fast? Micron stock had been climbing on a familiar mix: rising memory prices and optimism

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Business

Rivian stock soars on Q4 earnings: why UBS says it’s as far as it goes in 2026

Rivian Automotive Inc (NASDAQ: RIVN) is pushing aggressively to the upside this morning after recording a blockbuster Q4 that signalled an “inflection point”, but UBS is keeping the champagne on ice. Following the company’s market-beating release, analyst Joseph Spak did blink, upgrading the EV stock to “neutral” – though it came with a heavy dose

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Business

Why Tesla stock is climbing even as Big Tech sells off

Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock

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Business

Citi sees 3 major risks in Pinterest stock’s path to recovery

Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS

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Business

Cooling inflation and steady hiring ignite fresh hopes of a US soft landing in 2026

January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and

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Business

AI sell-off: 3 sectors it has hit the hardest and why

The meteoric rise of artificial intelligence, which once propelled markets to record highs, has hit a wall of skepticism. In early February 2026, a sharp sell-off rippled through global exchanges as the narrative shifted from “AI as a savior” to “AI as a disruptor.” This volatility was primarily triggered by two factors: a massive spike

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Business

US crypto policy deadlock is weighing on Bitcoin price

Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last

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Business

SFC greenlights crypto margin lending and perpetual trading in Hong Kong

Hong Kong is widening the scope of regulated crypto activity as its market enters a new phase of development. The Securities and Futures Commission said on Wednesday it will allow licensed brokers to offer virtual asset margin financing and set out a framework for perpetual contracts on licensed trading platforms. The changes introduce structured leverage

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Business

Why Bitcoin fell below $67K after strong US jobs data

After a volatile start to the week, the Bitcoin price traded in a narrow range throughout the day in the absence of any major catalysts to drive a decisive recovery.  The premier cryptocurrency struggled to maintain footing above the $67,000 mark for the better part of the day, as traders remained sidelined ahead of the

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