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Elon Musk told a podcast that within 30–36 months running large AI clusters in space will be far cheaper than on Earth, arguing terrestrial power constraints, grid bottlenecks and supply‑chain limits make orbital solar arrays economically superior. He cited higher energy yield from space solar, lower need for batteries, and simpler approvals versus terrestrial PV, while acknowledging engineering and regulatory hurdles remain.

Bitcoin tumbled below $65,000 on 6 February amid a rapid unwind of leveraged positions, dragging ether down more than 15% to multi-month lows. The sell-off — part of a four-month correction that has erased nearly half of bitcoin’s October peak — highlights persistent leverage and liquidity fragilities in crypto markets and raises the prospect of wider market and regulatory consequences.

A January 31 silver flash crash and a concurrent gold tumble revealed how buoyant retail buying, speculative leverage and procyclical margining combined to produce a sudden market collapse. The episode wrenched through global and Chinese futures markets, exposing structural vulnerabilities in the link between physical and paper metal markets and leaving silver’s near‑term path particularly uncertain.

Ant Fortune and Douyin permanently banned a popular finance influencer known as “Little Sheep” for alleged illegal fund sales, following an earlier muted suspension on another platform. The action highlights Beijing’s stepped‑up enforcement over online fund distribution and signals stricter platform responsibility for financial promotions.

Bitcoin plunged to about $66,928 on 5 February, falling more than 10% in 24 hours and breaching the $67,000 level. The move highlights the market's sensitivity to liquidity squeezes and broader risk‑off sentiment and raises questions about how durable recent gains are.

Infineon has announced a price increase for some of its semiconductor products effective April 1. The move is likely to raise costs for automotive and electronics manufacturers, prompting sourcing and inventory adjustments and adding impetus to domestic chip localisation efforts in China.

Bitcoin fell to $67,995.90 on 5 February 2026, down 8.86% in 24 hours, slipping under the psychological $68,000 level. The drop highlights crypto’s continued susceptibility to rapid sentiment changes and raises questions about liquidity, leverage and bitcoin’s evolving relationship with traditional risk assets.

Bestore disclosed that its controlling shareholder, Ningbo Hanyi, faces court execution over about RMB 280 million of overdue trust debt, putting a large block of pledged shares at risk. The company is also reporting a sizable 2025 loss after continued store closures and margin pressure, while prior plans to bring in strategic investors failed to materialize.

China’s night session saw a broad sell‑off in commodity futures, with silver plunging more than 13% and gold down around 2%. The move, mirrored by declines in base metals and weaker US futures, appears driven by sudden deleveraging and a shift to risk‑off sentiment, exposing vulnerabilities in leveraged onshore investment products.

SpaceX is preparing to develop a mobile device that can connect directly to its Starlink satellites, leveraging Starship launches, spectrum purchases and recent trademark and patent filings. If realised, a Starlink phone would expand SpaceX’s market reach, challenge traditional carriers, and tie into broader ambitions for space‑based data centres and orbital services.

Meituan has acquired Dingdong Maicai’s China business for an initial $717 million, absorbing a network of over 1,000 front-line warehouses and more than seven million monthly users. The deal strengthens Meituan’s instant-grocery capabilities and reflects broader consolidation as high fulfilment costs and thin margins push standalone fresh-retail specialists into the arms of platform giants.

TianYouDe, a regional Qinghai baijiu producer, faces a management exodus and a sharp earnings collapse, with 2025 net profit forecast to slump by up to 90% while inventory sits at five years' worth of sales. Operational inefficiency, failed overseas expansion and weak distributor confidence have left the company exposed as national brands encroach and consumer demand cools.

Hunan regulators found that a Jinjian Rice Industry subsidiary used circular, empty trades from 2020–2022 to improperly inflate revenue by over RMB 586 million. The company was ordered to correct disclosures and four former executives received warning letters and were added to the securities‑market integrity file. Jinjian has since divested trading units and repositioned toward grain and oil processing to reduce trading exposure.

NIO told investors it expects its first-ever single‑quarter adjusted operating profit for Q4 2025, driving an 8.6% pre‑market rise in its U.S. shares. The company cites stronger sales, a richer product mix and cost controls as drivers, but the guidance is non‑GAAP and sustainability will hinge on continued margin discipline and demand amid fierce competition.

Japan’s claim to have located large rare‑earth deposits near Minamitorishima and its plan for a 2027 trial eases domestic political pressure after Chinese export curbs, but substantial technical, economic and environmental barriers make rapid independence from Chinese supplies unlikely. Beijing’s structural advantages in extraction and refining mean China is likely to remain central to global rare‑earth supplies in the near to medium term.

Donald Trump has reportedly reversed his opposition to a 2025 agreement under which Britain transfers sovereignty of the Chagos Islands to Mauritius, after UK and U.S. officials secured new assurances on the continued operation of the Diego Garcia military base. The development preserves a key U.S. outpost in the Indian Ocean while reopening questions about colonial-era dispossession, legal exposure and alliance management.

A Chinese Eastern Theatre Command ground‑based air‑defence unit has been operating from mobile shelters along the coast, maintaining relentless tracking and readiness for hours at a time. The deployment underscores China’s emphasis on mobility and survivability in coastal defence, while illustrating the personnel strain and escalation risks that accompany persistent high alert.

At a UN Security Council session, China warned that Islamic State, al‑Qaeda and the East Turkestan Islamic Movement remain active and are exploiting instability in Afghanistan and Syria. Beijing urged a unified, non‑selective international response and pressed Afghan and Syrian authorities to act to prevent their territories becoming terror safe havens.

Iran and the United States will meet in Muscat to discuss nuclear issues, but Tehran insists the agenda exclude its ballistic‑missile programme, which Washington wants included. The clash over scope reflects deeper strategic disagreements and raises the likelihood that talks will be limited unless both sides accept sequencing or parallel tracks.

A retail‑led mania in silver, fuelled by Reddit and heavy inflows into SLV, sent prices sharply higher before a rapid 40% crash triggered by steep CME margin increases. Forced liquidations and a wide ETF discount handed large arbitrage profits to institutions with access to liquidity and authorised‑participant privileges, leaving many small investors wiped out. The rout highlights structural imbalances between leveraged retail traders and well‑capitalised institutions, and will likely spur regulatory and market‑structure scrutiny.