Newswire: Feb 6, 2026 5:14 PM EST

Highlights:

• Hedge funds cut bullish gold wagers to the lowest level in 15 weeks as the precious metal suffered its biggest price plunge in more than a decade. Bloomberg

• Hedge funds turned the most bullish on Brent crude since early April, reaching a 10-month high as traders hedge against potential US-Iran military conflict and supply disruption risks. Bloomberg

• Bitcoin's volatile start to 2026 saw the cryptocurrency tumble to its lowest level in over a year, wiping out gains made since Trump's return to office. Bloomberg

• Wall Street rewarded steady real-economy assets over software and speculation during this week's market drama. Bloomberg

• Michaels Cos. bonds are trading near 100 cents again as the retailer's comeback continues following recovery from previous financial distress over tariff risks. Bloomberg

• T AT&T launched a smartphone designed for kids that parents can monitor, adding a device aimed at keeping families within its ecosystem. Bloomberg