Newswire: Feb 5, 2026 10:16 PM EST

Highlights:

• Indian Founders Slash Holdings to All-Time Low as Funds Stay Bullish - Local funds' ownership of Nifty 500 stocks reaches record high of 20.6% while promoter stakes hit record lows. Source

• Nio Jumps After Chinese EV Maker Signals First Quarterly Profit - Chinese electric-vehicle maker's shares jumped after signaling its first quarterly profit, marking a watershed moment for the Tesla challenger. Source

• Michigan AG Urges Revisit on Oracle Data Center Power Plan - Michigan Attorney General calls Oracle and OpenAI "untrustworthy" while seeking reconsideration of DTE Energy's approval to power their massive data center development. Source

• Oracle Blockbuster Bond Sale to Spur AI Borrowing Rush, Goldman Says - Oracle's record-setting bond deal has primed debt markets for other tech giants looking to raise hundreds of billions for data-center infrastructure. Source

• Ether Tumbles to Eight-Month Low While Crypto Rout Deepens - Second-largest digital token fell as much as 10% to $1,911, hitting lowest intraday price since May as cryptocurrency selloff intensifies. Source

• Forgent Power Shares Advance 7.4% After $1.5 Billion IPO - Power equipment maker's shares rose following the company and backers raising $1.5 billion in US initial public offering. Source

• Bitcoin Mining Revenue Gauge Falls to Record Low During Selloff - Closely-watched measure of Bitcoin mining revenue hits record low as large-scale operations unplug equipment amid tumbling prices and climbing energy costs. Source

• After Slump, Bitcoin Now Trails S&P 500, Nasdaq 100, Gold Over Five Years - Bitcoin is no longer outperforming major asset classes over the five-year horizon following recent declines. Source