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China Sells $20 Billion in Bitcoin from PlusToken Scheme

China Unloads Nearly $20B in Bitcoin Seized from PlusToken Scheme: CryptoQuant CEO

CACI Stock Nosedives on Government Cost-Cutting Concerns

CACI stock falls 9.1% on concerns about government cost-cutting initiatives. The Dept of Government Efficiency (DOGE) aims to reduce government spending, potentially impacting defense contractors like CACI.

Big Tech Earnings Season to Kick Off With AI, Trump Impact in Focus

Big Tech earnings season kicks off next week with Apple, Meta, and Microsoft reporting. Investors will be watching for updates on AI revenue and spending, as well as how companies are navigating the Trump administration's policies on tariffs, antitrust, and the CHIPS Act.

Asian Stocks Rise on AI Optimism, Offset by China Tariff Concerns

Asian stocks saw modest gains, with optimism over AI spending offset by China tariff fears. Some stocks rose on expectations of protectionism, while Netflix gained from subscriber growth; US stocks also gained in late trading. Investors face challenges as Trump's policy changes are anticipated; commodities reacted to tariff threats.

Hancock Whitney Q4 Earnings Beat Estimates

Hancock Whitney Corporation (HWC) reported fourth-quarter profit of $122.1 million, surpassing Wall Street expectations. The bank posted revenue of $505.5 million, also exceeding forecasts. For the year, the company reported profit of $460.8 million, or $5.28 per share. Revenue was reported as $1.45 billion.

Charles Schwab Exceeds Estimates as Inflows Surge, Revenue Jumps

Charles Schwab Corp. reported fourth-quarter revenue that exceeded Wall Street estimates, driven by record inflows to its retail brokerage. Full-year revenue growth was 4%, surpassing guidance, and the firm expects revenue to increase by 13% to 15% this year. Schwab plans to continue building on its momentum and diversify its customer base in 2025.

Davos 2023: Who to Watch, What to Expect

Get the latest market insights from Yahoo Finance's Opening Bid podcast. Join Executive Editor Brian Sozzi as he interviews top business and market leaders on the most pressing topics of the day. Tune in to stay informed about key events, earnings, economic data, and the impact of global gatherings like the World Economic Forum in Davos.