On February 4, 2026, Tether scaled back plans for a $15–$20 billion equity raise after investors balked at a $500 billion valuation. Talks that began last year now focus on about $5 billion, with terms unresolved. CEO Paolo Ardoino said the figure was never a target and noted insiders are reluctant to sell.

As of February 4, 2026, Nvidia had not shipped any H200 AI chips to China, nearly two months after a December agreement with Donald Trump permitted sales. Licences from State, Defense, and Energy remain pending, and the State Department is pressing for stricter limits. The deal also includes a 25% government take and conditions on testing, reporting, and shipment allocations.

Nvidia is close to committing $20 billion to OpenAI, a move that would be the chipmaker's largest single investment and part of a funding round that could reach $100 billion. Both companies' CEOs rejected speculation of strained ties, with Jensen Huang saying the next financing is a major commitment and Sam Altman signaling long-term demand for Nvidia's AI chips.

On February 4, 2026, the Japanese yen approached 160 per dollar, a level not seen in decades, as risk appetite faded. Traders who once expected a rebound shifted to growing net short positions, while Prime Minister Sanae Takaichi’s spending plans and a snap election slated for February 8 kept market focus on possible intervention around the 160 mark.

Polymarket said it will open a free, company-run grocery store in New York on February 12, following Kalshi's Tuesday event that covered $50 grocery bills at a WestSide Market. The push aligns with Super Bowl week as both prediction platforms chase user growth amid higher food costs and Polymarket's recent U.S. return under CFTC approval.

On February 3, 2026, Super Micro Computer reported second-quarter revenue of $12.68 billion, beating the $10.42 billion consensus; GAAP diluted EPS was $0.60 and non-GAAP EPS was $0.69. Net income stood at $400.6 million, and gross margin slipped to 6.3%. The company guided at least $12.3 billion for Q3 revenue and projected fiscal 2026 sales of at least $40.0 billion.

Galaxy Digital's stock fell about 17% on Tuesday after the firm posted a Q4 2025 net loss of $482 million and earnings of -$1.08 per share following a 22% drop in the value of its digital asset investments. The company swung from a strong third-quarter profit, while trading volumes slid roughly 40%, even as its loan book hovered near $1.8 billion and it advanced large-scale infrastructure and capital-raising plans for 2026.

PayPal's share price fell 20% on Tuesday after the firm posted Q4 2025 revenue of $8.68 billion, below the $8.80 billion consensus and with adjusted EPS of $1.23 missing projections. The company reported mixed margin performance, slower growth in key metrics, and announced that CEO Alex Chriss will be replaced by HP's Enrique Lores as of March 1, while also issuing a softer earnings outlook for 2026.

The European Union is preparing to sign a memorandum of understanding with the Trump administration on a joint rare earth and critical minerals framework aimed at reducing dependence on China. The draft plan outlines a Strategic Partnership Roadmap within three months, including shared supply chains, coordinated pricing tools, stockpiles, and joint mining and refining projects between the US and Europe. It also proposes exclusive trade routes, a common pricing system to counter undercutting, and no export bans between both sides on key minerals.