SpaceX plans an IPO in June aiming to raise about $50bn at a valuation near $1.5tn, a listing that could rank among the largest in history if executed as reported. The timing and size would draw major investor interest ahead of the float. #SpaceX #FiatNews

ASML reported record Q4 orders of €13.2bn—nearly double expectations—benefiting from strong AI-driven capex. The company is also considering cutting about 1,700 jobs and announced another buyback as it enters 2026 in robust condition. #ASML #semiconductor #FiatNews

Microsoft topped Q2 fiscal expectations with revenue of $81.3bn and EPS $4.14 (consensus $80.31bn and $3.91), but shares fell after the company disclosed a sharp rise in investments that weighed on investor sentiment. #Microsoft #FiatNews

#Tesla announced it will largely halt production of the Model S and Model X next quarter and retool Fremont lines to produce Optimus humanoid robots, following its Q4 2025 results. The change marks a major production shift for the company. #Tesla #FiatNews

President Donald Trump nominated Kevin Warsh to be Chair of the Federal Reserve, confirming earlier speculation about his pick for the central bank's top job. The nomination was announced today. #Fed #FiatNews

Apple posted a record holiday quarter with revenue up 16% year-on-year, driven by record iPhone sales and exceptionally strong performance in China. Market attention now focuses on margins and AI-related developments going forward. #Apple #iPhone #FiatNews

Precious metals plunged in a major sell-off: gold fell as much as 8%, slipping below $5,000/oz, while silver plunged over 17% below $100/oz. Copper also saw a notable correction amid the broad commodity unwind. #gold #silver #commodities #FiatNews

ExxonMobil and Chevron reported lower Q4 2025 profits year-on-year but beat analyst estimates, helped by cost-saving measures. Exxon also benefited from cheaper production in the Permian Basin and Guyana, supporting results despite lower margins. #Exxon #Chevron #FiatNews

Moneta's Q4 2025 results (due Feb 3) are expected to show a slight profit cooling: analyst Jindřich Litner forecasts net profit down ~5.9% YoY because of higher personnel and IT costs, while net interest income should rise on stronger lending and favorable rates. #banking #FiatNews

SoFi Technologies beat Q4 expectations and posted strong results; shares jumped about 6% in premarket trading. The fintech also strengthened its outlook for 2026, supporting the market rally in early trading. #SoFi #FiatNews

AI expert Gary Marcus tells Steve Eisman that marginal leaps in large language model performance are shrinking, signaling a change in sentiment toward generative AI. Marcus, who has worked on both computing and human intelligence topics, discussed career background and AI capabilities in the interview. #AI #FiatNews

A weekend feature highlights an interview with labor economist David Autor on artificial intelligence and its implications for the labor market. The piece — first run in Issues in Science and Technology and summarized by Tim Taylor on The Conversable Economist — frames the debate around how AI could reshape demand for workplace expertise versus formal education. #AI #DavidAutor #labormarket #TimTaylor The discussion emphasizes that workers are compensated for demonstrable skills and task-specific expertise rather than degrees alone. The interview examines how AI may alter which tasks are automated, which are complemented, and how that could change wage structures and job composition across occupations. Tim Taylor’s summary presents the interview’s main ideas for a wider audience, pointing to ongoing questions about skill development, credential signaling, and the policy responses needed if AI shifts labor demand. The original interview appeared in Issues in Science and Technology on 1 February 2026. #FiatNews

A key week for Czech interest rates begins, with two events market participants will watch closely: January consumer inflation data and a Czech National Bank (ČNB) policy meeting. The January inflation print is due this week and, as noted in the original report, is "traditionally difficult to predict and will set the price bar for the rest of the year." The sequence places January inflation in the spotlight as a potential influence on the ČNB’s rate decisions at its upcoming meeting. Together, the data release and the central bank gathering will provide fresh signals on inflation trends and monetary policy direction for the Czech economy. Market participants will likely focus on how the inflation outcome compares with expectations and what guidance the ČNB provides about future rate moves. #inflation #CNB #interestrates #CzechRepublic #FiatNews

On Feb. 2, 2026, AI expert Gary Marcus told Steve Eisman on the channel The Real Eisman Playbook that sentiment toward artificial intelligence is shifting and that the big technology firms “are all doing basically the same thing.” Marcus said the marginal performance gains from successive large language model releases appear to be diminishing. Marcus, described as a leading authority on AI, argued that the era of large, discrete leaps in model capability may be drawing to a close as incremental improvements become smaller. He raised concerns about the industry’s current trajectory, where many firms pursue similar architectures and scaling strategies rather than diverging approaches. The exchange highlights growing debate over how to sustain meaningful progress in generative AI and whether competition among major tech companies will continue to drive breakthroughs or produce convergent, incremental upgrades. #AI #GaryMarcus #SteveEisman #FiatNews

Global financial markets opened the week in negative territory as futures on major European and U.S. indexes fell sharply and selling pressure extended across commodities. Precious metals led the declines, with gold and silver continuing a pronounced sell-off that weighed on the broader market mood. Investors are watching developments from the Federal Reserve and moves in Nvidia for fresh direction. Market participants noted broad risk-off sentiment at the start of the trading week, with commodity prices particularly weak and equity futures showing material downside. No specific economic releases or price levels were cited in the report, but the tone reflects heightened sensitivity to central bank signals and large-cap tech news. Against this backdrop, attention is focused on upcoming Fed communications and any company-specific updates from Nvidia that could influence sentiment across equities and commodities. The flow suggests traders are prioritizing macro and headline catalysts as they reassess positions. #markets #Fed #NVDA #gold #silver #FiatNews

Economist Tim Taylor highlights a new study examining how large language models (LLMs) are currently used and whether the deployed systems originate in the United States or China. The study maps the provenance of models in active use and catalogs differences in deployment across applications and sectors. Taylor stresses that much of the public commentary on AI has focused on model capabilities rather than patterns of real-world use: "A large part of what I read about the development of artificial intelligence focuses on the capabilities of new models." The research aims to provide an empirical basis for discussions about which models are actually being adopted and where they come from, offering data that can inform debates about regulation, market competition and research priorities. #AI #LLM #China #USA #FiatNews

A broad sell-off on Friday left both equities and precious metals lower as Wall Street reacted to fresh PPI data and comments from U.S. President Donald Trump. Markets showed little refuge as risk assets and gold/silver retreated in the session. Traders focused on the latest Producer Price Index (PPI), a key gauge of wholesale inflation that can influence interest-rate expectations, while investors also parsed remarks from President Trump that affected sentiment. Both factors contributed to weaker price action across asset classes. PPI readings and political statements can shift expectations around monetary policy and risk appetite, which helps explain the concurrent declines in stocks and precious metals. Market participants will watch upcoming economic releases and political developments for further direction. #PPI #WallStreet #stocks #preciousmetals #Trump #FiatNews

#Economic calendar highlights for Feb 2: Czech manufacturing PMI (Jan) consensus 50.6 (prev. 50.4) at 09:30 CET; US ISM Manufacturing Index (Jan) consensus 48.5 (prev. 47.9) at 16:00 CET. #FiatNews

#Market snapshot (30.1): PX +0.08%, DAX +0.95%, STOXX600 +0.61%, NASDAQ -0.50%, S&P500 -0.33%. FX: CZK/EUR 24.35, CZK/USD 20.48, USD/EUR 1.1888. Indices showed mixed moves amid macro and policy headlines. #FiatNews

#SoFi beat Q4 expectations and issued a positive 2026 outlook; its shares jumped around 6% in pre-market trade following the results, reflecting investor enthusiasm for the fintech's momentum. #SoFi #FiatNews