Newswire: Feb 6, 2026 1:04 PM EST

Highlights:

• Gaming Stock AI Panic - Video-game stocks plummeted after Google revealed Genie, a tool for building virtual worlds, though the reaction appears inexplicable. Source

• Big Tech AI Spending - Four major US tech companies forecast $650 billion in capital expenditures for 2026, primarily for new data centers and AI infrastructure. Source

• Once Upon a Farm IPO - Jennifer Garner's organic kids snacks company jumped 17% in its trading debut after raising $198 million in its initial public offering. Source

• SpaceX-xAI Merger Analysis - Musk's proposed SpaceX-xAI merger could be worth $1 trillion but may be driven more by financial pressures than growth ambitions. Source

• Wall Street Bonuses Rise - Goldman Sachs, JPMorgan, and Bank of America boosted banker and trader bonus pools by at least 10% following strong dealmaking activity. Source

• Bitcoin Recovery - Bitcoin reclaimed most losses from Thursday's crypto market selloff after touching $60,000, with other tokens also recovering. Source

• SpyGlass Pharma Debut - Eye care biopharmaceutical firm SpyGlass Pharma surged 50% in its first day of trading after raising $150 million in its IPO. Source