Business News 6 February 2026 - 11 February 2026

Reddit’s leadership shake-up lands as in-app search climbs past 80 million weekly users
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Reddit’s leadership shake-up lands as in-app search climbs past 80 million weekly users

Reddit named Amit Puntambekar executive vice president of consumer engineering and promoted Jim Squires to chief marketing officer and Laura Nestler to EVP of community. The company says weekly Reddit search usage rose to over 80 million after merging it with its AI-powered Reddit Answers feature. Executives are testing new search placements and richer AI results to keep more research activity on the platform.
February 11, 2026
Figma stock jumps then slips in premarket as Wall Street says AI software selloff is overdone
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Figma stock jumps then slips in premarket as Wall Street says AI software selloff is overdone

Figma shares fell 1.0% to $23.85 premarket Wednesday after closing up 8.9% at $24.10 Tuesday. The stock remains below its $33 IPO price from July 2025 and far from its $142.92 peak. Figma’s next earnings report is scheduled for Feb. 18 after markets close. Investors are watching for signs of broader adoption and the impact of AI on growth and costs.
February 11, 2026
Ashok Leyland Q3 results: Record ₹796 crore profit, revenue jumps 22% as shares slide
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Ashok Leyland Q3 results: Record ₹796 crore profit, revenue jumps 22% as shares slide

Ashok Leyland reported a record net profit of ₹796 crore for the December quarter, up 4.5%, with revenue rising 22% to ₹11,534 crore. The company took a one-time ₹308 crore labour-code charge and saw expenses climb 20.1% on higher raw material costs. Operating profit rose 26.7% to ₹1,535 crore. Shares fell after results, trading at ₹204.95 on the BSE.
February 11, 2026
Nvidia stock price slips as U.S. flags China chip guardrails; earnings on Feb. 25 loom
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Nvidia stock price slips as U.S. flags China chip guardrails; earnings on Feb. 25 loom

Nvidia shares slipped 0.7% to $188.68 after U.S. officials backed domestic access to its AI chips but upheld strict export terms for China. Cisco launched a new AI networking chip and router, intensifying competition with Nvidia and Broadcom. The iShares Semiconductor ETF fell 0.4%. Traders are awaiting the delayed U.S. jobs report on Feb. 11 and Nvidia’s earnings on Feb. 25.
February 10, 2026
Amazon stock dips after report flags AWS “content marketplace” pitch to publishers
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Amazon stock dips after report flags AWS “content marketplace” pitch to publishers

Amazon shares fell 0.8% to $207.14 in after-hours trading Tuesday after a report said the company is developing an AWS marketplace for publishers to sell content to AI firms. AWS circulated slides referencing a “content marketplace” ahead of a conference, but Amazon declined to comment. Investors are watching for more details and upcoming U.S. inflation data.
February 10, 2026
Datadog stock price jumps as DDOG earnings beat lifts software mood — but 2026 guide nags
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Datadog stock price jumps as DDOG earnings beat lifts software mood — but 2026 guide nags

Datadog shares rose about 14% Tuesday after the company beat fourth-quarter estimates and issued a stronger-than-expected Q1 revenue forecast. The stock traded at $129.88 in the afternoon. Full-year 2026 revenue and adjusted profit guidance fell short of Wall Street expectations. Investors await more details at Datadog’s Feb. 12 Investor Day in New York.
February 10, 2026
Astera Labs stock dips as earnings loom after Israel design-center move fuels run-up
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Astera Labs stock dips as earnings loom after Israel design-center move fuels run-up

Astera Labs shares fell 1.3% to $185.16 in Tuesday afternoon trading, reversing part of Monday’s 10.5% rally after the company announced a new Israel R&D center focused on AI connectivity. Investors are awaiting fourth-quarter results due after the close. The stock swung between $181.02 and $197.50 during the session. The Nasdaq slipped 0.3% and S&P 500 fell 0.2%.
February 10, 2026
Coca-Cola stock slides today after muted 2026 outlook and a BodyArmor write-down
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Coca-Cola stock slides today after muted 2026 outlook and a BodyArmor write-down

Coca-Cola shares fell 2% to $76.37 after the company missed quarterly revenue estimates and issued a 2026 outlook seen as cautious by analysts. Fourth-quarter revenue reached $11.82 billion, below forecasts, while adjusted earnings per share beat expectations at 58 cents. Operating income dropped 32% after a $960 million BodyArmor trademark impairment. Coke projects 2026 organic revenue growth of 4%-5% and EPS growth of 7%-8%.
February 10, 2026
Apple and Google strike UK CMA app-store deal — what changes for developers
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Apple and Google strike UK CMA app-store deal — what changes for developers

Apple and Google have pledged to the UK’s Competition and Markets Authority to make their app stores more transparent for British developers, with changes covering app reviews, rankings, and developer data. The commitments, due April 1, follow new UK digital market rules. Apple also promised easier access to iOS system features. The CMA said it is still considering tougher action on app store commissions and payment rules.
February 10, 2026
Rugged HMD Terra M Goes Live in Europe as HMD Secure Targets Frontline Teams
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Rugged HMD Terra M Goes Live in Europe as HMD Secure Targets Frontline Teams

HMD Secure launched its rugged Terra M handset in select European markets on Feb. 10, targeting frontline workers and critical services. The device features push-to-talk, fleet controls, and remote management, with IP68/IP69K and MIL-STD-810H ratings. HMD did not disclose pricing or specify which countries are included. Connectivity and management services are provided through partners.
February 10, 2026
Tesla’s next big bet: Hiring surge for Musk’s 100GW U.S. solar plan
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Tesla’s next big bet: Hiring surge for Musk’s 100GW U.S. solar plan

Tesla is recruiting for a planned 100-gigawatt U.S. solar manufacturing chain, aiming to build capacity from raw materials by end-2028, according to executive posts and job ads. Bloomberg reports Tesla is considering new sites and a major Buffalo, New York expansion. New York officials say they have not discussed the plan with Tesla. The company has not disclosed where most of the new capacity would be located.
February 8, 2026
China slaps TikTok rival Kuaishou with a $17 million fine after porn livestream flood
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China slaps TikTok rival Kuaishou with a $17 million fine after porn livestream flood

Beijing fined Kuaishou 119.1 million yuan ($17.2 million) and issued a warning after a Dec. 22 cyberattack exposed users to pornographic and violent livestreams. Regulators said Kuaishou failed to block illegal content and neglected cybersecurity fixes. The company apologized and pledged to address system flaws. Kuaishou shares fell nearly 6% after news of the incident.
February 6, 2026
Sunwoda settles Geely unit Vremt battery lawsuit, flags up to $115 million profit hit
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Sunwoda settles Geely unit Vremt battery lawsuit, flags up to $115 million profit hit

Sunwoda will cut its 2025 net profit forecast by 500–800 million yuan after settling a lawsuit with Geely’s battery unit Vremt over defective EV battery cells. Vremt had sought 2.31 billion yuan in damages. Volvo, owned by Geely, is recalling EX30 models in several countries due to overheating risks linked to Sunwoda batteries. Geely declined to comment on the settlement.
February 6, 2026
Chip sales seen topping $1 trillion in 2026 as AI data-center spending keeps demand hot
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Chip sales seen topping $1 trillion in 2026 as AI data-center spending keeps demand hot

Global semiconductor sales reached $791.7 billion in 2025 and are projected to hit $1 trillion in 2026, according to the Semiconductor Industry Association. Logic and memory chips led growth, driven by AI demand. December sales rose 2.7% from November, with gains in the Americas and China but declines in Europe and Japan. Memory chip shortages are pushing up prices, impacting device makers like Apple.
February 6, 2026
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