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Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its position in the U.S. oil refiner and intensifying pressure for operational restructuring, particularly regarding its midstream business. read more

Apple strategically leveraged its Super Bowl LIX presence through cultural engagement and music sponsorship rather than direct advertising, a move YouTuber Nikias Molina called “discretely genius.” read more

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, is preparing to file for a secondary listing in Hong Kong this week that could raise at least $5 billion, marking one of the territory’s largest offerings in recent years. read more

McDonald’s Corp. is pushing ahead with ambitious expansion plans for 2025, announcing approximately 2,200 new restaurant openings globally, during its fourth-quarter earnings call on Monday, with about a quarter slated for the U.S. and International Operated Markets segments. read more

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.’s first-ever spot Cardano exchange-traded fund. read more

Anthropic’s Economic Index report shows that AI adoption is surging in software development and technical writing, while jobs requiring manual labor, like farming and fishing, remain largely untouched, highlighting AI’s role in augmenting rather than replacing work. read more

On Monday, February 10, 2025, the Cathie Wood-led Ark Invest sold nearly $16 million worth of Palantir shares amid a spike in the share price of the company. read more

Editor’s Note: A typographical error in the headline of this story has been corrected. Leading cryptocurrencies mirrored stock gains on Monday, as investors set aside tariff threats by President Donald Trump. read more

Apple’s iOS 18.3.1 update patches a critical USB Restricted Mode vulnerability that was actively exploited in targeted attacks, reinforcing security ahead of the upcoming iOS 18.4 release. read more

U.S. stocks experienced a positive trading session, with the Nasdaq Composite rising approximately 1% on Monday to 19,714.27. The S&P 500 also saw gains, increasing by 0.7% to 6,066.44, while the Dow Jones Industrial Average edged up slightly by 0.4% to 44,470.41. read more