Newswire: Feb 5, 2026 7:46 PM EST

Highlights:

• South Korean equities slumped as global tech selloff swept up the country's tech heavyweights, exposing vulnerability in the world's best-performing market. Source

• Xero CEO says the company's small business tools won't be overtaken by AI but enhanced, as the firm builds its LLM on the back of AI models amid software stock fears. Source

• Forgent Power shares jumped after completing a $1.5 billion IPO, with CEO highlighting fastest growth in data center segment driven by ongoing buildout efforts. Source

• South Korea's ETF assets are on track to overtake Taiwan for the first time since 2019, marking another sign of the nation's rising market prominence. Source

• Roblox shares jumped after fourth-quarter users and bookings beat analyst expectations thanks to a slate of hit games. Source

• Amazon projected capital expenditures of approximately $200 billion for 2026, significantly higher than expected, while AWS revenue growth hit 24% versus 21% forecast. Source

• Molina Healthcare plunged 33% after forecasting 2026 profit less than half of Wall Street expectations and announcing it will stop offering Medicare Advantage drug plans for 2027. Source