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Wall Street Morning Brief FM-Radio | February 7, 2026

Wall Street Morning Brief FM-Radio | February 7, 2026

``` Huajian Morning Voice Please upgrade to the latest version of the Jianwen app in order to successfully listen to the following audio. Market Summary U.S. consumer confidence hits a six-month high, bargain buying drives a rebound in U.S. stocks, S&P up nearly 2%, marking the best

Bitcoin has almost recovered all the losses from Thursday's plunge.

Bitcoin has almost recovered all the losses from Thursday's plunge.

``` Bitcoin is reclaiming its status as the “favorite” among thrill-seeking speculative traders. On Friday, Bitcoin recorded its biggest surge in nearly three years, almost recouping all the losses from Thursday’s cryptocurrency market plunge, during which sell-offs drove Bitcoin more than 50% below its peak last October. The wild 13%

Hedge funds had their worst day in months this week. Is more turbulence on the way?

Hedge funds had their worst day in months this week. Is more turbulence on the way?

This week, concerns over the impact of artificial intelligence triggered volatility in the U.S. stock market, affecting a range of hedge funds that had previously shown strong performance at the start of 2026. According to a report from Goldman Sachs’ prime brokerage, one of the most dramatic market rotations

FDA warns of "swift action," HIMS weight-loss drug generic plan frustrated, stock price drops nearly 6%

FDA warns of "swift action," HIMS weight-loss drug generic plan frustrated, stock price drops nearly 6%

Marty Makary, Commissioner of the U.S. Food and Drug Administration (FDA), publicly stated Thursday night that the agency would take swift regulatory action against mass-marketing “unapproved generic drugs.” This statement directly impacted telemedicine company Hims & Hers Health, whose stock price fell in response. Makary emphasized on social media

New trend in US stock rotation: "Anti-AI" stocks become safe haven, tech stocks are "abandoned"

New trend in US stock rotation: "Anti-AI" stocks become safe haven, tech stocks are "abandoned"

As concerns among investors about the disruptive impact of artificial intelligence (AI) intensify, the U.S. stock market is experiencing a significant sector rotation. Companies whose business models are difficult to be replaced by AI technology—industries with “AI-resistant” characteristics—are becoming investors' new favorites, while tech stocks, which

Beijing Rural Commercial Bank welcomes a "new leader": Bai Xiaodong assumes the role of Party Secretary, the candidate for Chairman is about to be announced.

Beijing Rural Commercial Bank welcomes a "new leader": Bai Xiaodong assumes the role of Party Secretary, the candidate for Chairman is about to be announced.

``` An organizational restructuring driven by a change in the "top leader" may reflect a new trend in talent flow among agri-commercial banks and city commercial banks in mainland China. On the afternoon of February 4, 2026, Beijing Rural Commercial Bank (BRCB) announced via its official WeChat account that

Worries about an AI bubble trigger sell-off; U.S. tech giants lose over $1 trillion in market value in a week

Worries about an AI bubble trigger sell-off; U.S. tech giants lose over $1 trillion in market value in a week

``` Market concerns about the return on capital invested in artificial intelligence are causing sharp volatility in the US tech sector. Over the past week, tech giants such as Microsoft, Nvidia, Amazon, Alphabet, Meta, and Oracle have collectively lost about $1.35 trillion in market value. The core reason is that