
Daily US Stock Market News Briefing (February 7, Friday)
Important News
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The U.S. adjusted non-farm payrolls for January recorded 143,000, significantly lower than the market expectation of 170,000, marking a new low since October last year.
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The U.S. unemployment rate for January recorded 4.0%, the lowest since May last year, with market expectations remaining unchanged at 4.1%.
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European Central Bank Governing Council member Vujcic: U.S. tariffs will not immediately trigger a 50 basis point rate cut.
Individual Stock News
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Alibaba (BABA.N) pre-market gains narrowed to 3%, as Alibaba denied a $1 billion investment in DeepSeek.
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Tesla (TSLA.O) domestic car sales in January fell 11.5% year-on-year, marking a decline for the fourth consecutive month.
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Tesla (TSLA.O) raised the starting price for the U.S. version of Model X and Model X Plaid.
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Blackstone (BX.N) agreed to acquire AI Fire for approximately $1.1 billion (including debt).
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Tuya Smart (TUYA.N) pre-market surged over 7%, with H shares soaring nearly 230% to a new high today.
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Photo-sharing platform Pinterest surged over 20% pre-market, with Q4 revenue surpassing $1 billion for the first time, and Q1 guidance for 2025 exceeding expectations.
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Amazon (AMZN.O) announced plans to increase capital expenditures to $100 billion by 2025 and continue investing in AI