Wednesday, February 4

Market News

  • Volume Will Be Real Marker of IPO Market: Sawyer
    on February 4, 2026 at 7:59 pm

    Sullivan & Cromwell Global Head of M&A Melissa Sawyer tells Bloomberg that deal volume will be the key signal that M&A are truly coming back. She says renewed activity in the IPO market is an early indicator that private equity sponsors may soon feel confident enough to exit portfolio companies and recycle capital into new deals. Sawyer adds that a shift in tone from Washington has helped restore confidence among companies considering transactions. She joined the conversation on "Bloomberg Deals" with Dani Burger. (Source: Bloomberg)

political news

  • Trump Administration 'Keeping Options Available' on Iran, Says Heather Conley
    on February 4, 2026 at 8:07 pm

    Heather Conley, nonresident senior fellow at AEI and former deputy assistant secretary of state for the Bureau of European and Eurasian Affairs, said that the Trump administration is engaging in a dance with Iran as the US tries to bring the country to the negotiating table. Conley said that the State Department has signaled they are trying to keep different options available as they try to keep Iran on a diplomatic track. (Source: Bloomberg)

  • Congo to Ship Copper to Saudi Arabia, UAE via US-Backed Venture
    by Michael J Kavanagh on February 4, 2026 at 8:00 pm

    The Democratic Republic of Congo will ship copper to Saudi Arabia and the United Arab Emirates through a US-backed partnership with Mercuria Energy Group Ltd., as the Trump administration looks to challenge China’s dominance over the supply of key metals.

  • Majority of Americans View ICE as 'Out of Control,' Says Mitch Landrieu
    on February 4, 2026 at 7:57 pm

    Former New Orleans Mayor Mitch Landrieu said the actions by federal immigration agents demonstrate they don't have proper training for the mission and the majority of Americans views them as "out of control." Landrieu said that "systems of accountability" are important for ensuring trust in law enforcement as Democrats push for ICE agents to "unmask." (Source: Bloomberg)

  • Man Gets Life in Prison for 2024 Attempted Trump Assassination
    by Erik Larson on February 4, 2026 at 7:51 pm

    The man who attempted to assassinate then-presidential candidate Donald Trump while he was golfing in September 2024 was sentenced to life in prison after being found guilty by a federal jury.

  • Bessent Declines to Express View on Removing a Fed Member for Policy
    on February 4, 2026 at 7:44 pm

    "I’m not a lawyer, and I don’t have an opinion," US Treasury Secretary Scott Bessent says when asked if President Donald Trump has the authority to fire a member of the Federal Reserve board over a policy disagreement by Democratic Representative Ritchie Torres of New York during a hearing in the House Financial Services Committee. (Source: Bloomberg)

Wealth

Tech & Innovation

  • Has The AI Reckoning Arrived?
    on February 4, 2026 at 8:13 pm

    On today’s Big Take podcast: Sarah Frier and Sarah Holder break down why the pressure is building on tech companies to prove their AI investment will pay off — and soon bit. (Source: Bloomberg)

  • Bitcoin Hits 15-Month Low, Wiping Out Billions in Value
    on February 4, 2026 at 7:59 pm

    Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. Bitcoin hit a 15-month low at one point on Wednesday. Bloomberg's Norah Mulinda reports. (Source: Bloomberg)

  • Software Stocks Slide for Second Day
    on February 4, 2026 at 7:50 pm

    Losses are piling up for software stocks as investors worry about the business risks they face from better artificial intelligence tools. A new productivity tool released by Anthropic PBC sent stocks tumbling. Bloomberg's Carmen Reinicke reports. (Source: Bloomberg)

  • Bloomberg House at Davos 2026 Highlights
    on February 4, 2026 at 6:31 pm

    From artificial intelligence and global security to markets, trade and resilience, Bloomberg House convened an influential cross-section of global leaders on the sidelines of the 2026 World Economic Forum in Davos. The gathering included heads of state, cabinet ministers and technology leaders such as Dario Amodei, Demis Hassabis, Yuval Noah Harari, Meredith Whittaker and Nigel Farage. (Source: Bloomberg)

  • Software Short Sellers Mint $24 Billion Profit as Stocks Tumble
    by Carmen Reinicke on February 4, 2026 at 6:22 pm

    A brutal rout in software stocks has rattled investors across Wall Street, but it’s provided a boon to those betting against the group.