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GXO Logistics Tops Q4 Earnings, Revenue Estimates

GXO Logistics reports Q4 profit of $100 million, exceeding analysts' estimates with an adjusted EPS of $1. Revenue of $3.25 billion also surpasses expectations.

Elon Musk's Popularity Plummets as Head of Trump's Efficiency Commission

Elon Musk's government efficiency commission is making enemies and drawing fire due to its aggressive cost-cutting measures. A recent poll shows a decline in support for Musk's influence, particularly among Republicans. Steve Bannon has emerged as a vocal opponent, while Musk has taken on the role of a political provocateur. Trump faces a dilemma as Musk's reputation declines and legal challenges arise over the commission's activities.

Asian Shares Mixed as Chinese Tech Stocks Rise

Asian stock markets mixed Friday; Chinese tech stocks rise amid renewed interest, Hong Kong's Hang Seng up 1.35%, Nikkei down 0.44% due to stronger yen expectations.

FLIC Reports Q4 Earnings

First of Long Island Corp. (FLIC) reports $3.2 million in net income for its fourth quarter.

Oil Holds Steady as Traders Weigh Tariff Risk, Fed Outlook

Oil prices are steady as investors weigh the potential impact of tariffs. Canada and Mexico may avoid tariffs if they address illegal migration and fentanyl, according to Trump's commerce secretary pick. US economic growth was softer than expected in Q4, supporting expectations of Fed rate cuts. Canada is the largest oil exporter to the US, followed by Mexico.

Asian Stocks Set to Track U.S. Peers Lower After Fed Holds

Asian stocks may fall, tracking US peers lower after the Federal Reserve held rates steady and Chair Jerome Powell indicated no rush to cut. Tech earnings in focus as Tesla climbs on sales growth outlook, Meta Platforms rebounds, and Microsoft slips on slower cloud growth.

Larry Fink: Higher Inflation Could Trigger Bond Market Rout

BlackRock CEO Larry Fink warns that higher inflation could trigger a massive bond market sell-off, potentially sparking a sharp decline in the stock market. The 10-year Treasury yield could soar to 5.5%, the highest in 25 years, leading to a revaluation of equities. Fink emphasizes the risk of underpriced inflation in the market and the potential impact of fiscal and trade policies on bond yields.

Old Republic International Reports Q4 Earnings

Old Republic International (ORI) reported Q4 earnings of $0.42 per share, beating estimates by $0.48. Revenue was $2.16 billion, also above consensus.

Tesla Raises Canadian Car Prices by Up to CAD 9,000

Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website. Model 3 prices will increase up to C$9,000 ($6,254.78)

UniCredit CEO Wants German Govt Clarity on Commerzbank Deal by Year-End

UniCredit CEO Andrea Orcel eyes talks with new German government on Commerzbank deal