February 7, 2026

Nifty Ends Two-Week Slide Above 100-Day Average; Bank Nifty Posts Strong Gains

Nifty closed with a 1.4% weekly gain, breaking its two-week losing streak above the 100-day moving average. Bank Nifty hit a fresh high but faced profit booking. IT stocks fell sharply amid AI concerns. Analysts expect cautious optimism with key supports holding and select sectors, like Pharma and Financial Services, showing strength.

February 7, 2026

Bithumb Accidentally Sends $40 Billion in Bitcoin to Users, Apologises

South Korea's Bithumb mistakenly sent 620,000 bitcoins worth over $40 billion to users. The error caused a brief bitcoin price crash on its platform. Bithumb blocked trading fast, recovered most coins, and promised full compensation with a bonus to affected users.

February 7, 2026

Monzo Denied Refunds to Over 1000 Fraud Victims in 2024, Highest Among UK Banks

Monzo wrongly rejected more than 1,000 fraud and scam complaints last year, the highest among UK banks. The Financial Ombudsman Service found 34% of Monzo cases were wrongly closed, raising concerns over victim refunds.

February 7, 2026

Thomson Reuters Posts 7% Organic Revenue Growth in 2025; Raises Dividend by 10%

Thomson Reuters announced 7% organic revenue growth for 2025, beating expectations. The company raised its annual dividend by 10% and forecasts strong growth of about 7.5%-8% in 2026.

February 7, 2026

Ofgem Regulates Heat Networks After London Residents Reject Surprise £200,000 Heating Bill

London residents hit by unexpected huge heating bills fight back. New Ofgem regulation now protects 1 million heat network users from unfair charges.