Wednesday, February 4, 2026

Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ (David Pan/Bloomberg)

David Pan / Bloomberg:
Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ  —  Billionaire Michael Novogratz said he remains optimistic even after Galaxy Digital Inc. posted a wider-than-expected loss …



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Sources: DeepSeek plans to use 160K+ of Huawei's Ascend 950DT chips at an Inner Mongolia data center, which would create one of the largest Huawei chip clusters (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: DeepSeek plans to use 160K+ of Huawei's Ascend 950DT chips at an Inner Mongolia data center,...