Financials Down as Bitcoin, Private-Credit Firms Slide -- Financials Roundup

Dow Jones02-04 06:34

Shares of banks and other financial institutions fell amid concerns about the sustainability of a tech boom.

The price of bitcoin briefly plunged to the lowest level in more than a year, wiping billions of dollars off cryptocurrency market value. That dragged cryptocurrency exchanges and trading platforms such as Coinbase Global and Robinhood Markets into the red.

Fears that a new artificial-intelligence tool will make data-software firms redundant weighed on some major money managers, who lend money to both software firms and data-center developers. Shares of private-credit giants Blue Owl, Ares Management, Blackstone and KKR plunged.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 03, 2026 17:34 ET (22:34 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608938612?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 06:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608938612","market":"us","top_or_hot":-1,"title":"Financials Down as Bitcoin, Private-Credit Firms Slide -- Financials Roundup","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of banks and other financial institutions fell amid concerns about the sustainability of a tech boom. \n</p>\n<p>\n  The price of bitcoin briefly plunged to the lowest level in more than a year, wiping billions of dollars off cryptocurrency market value. That dragged cryptocurrency exchanges and trading platforms such as <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> Global and <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> Markets into the red. \n</p>\n<p>\n  Fears that a new artificial-intelligence tool will make data-software firms redundant weighed on some major money managers, who lend money to both software firms and data-center developers. Shares of private-credit giants <a href=\"https://laohu8.com/S/OBDE\">Blue Owl</a>, Ares Management, <a href=\"https://laohu8.com/S/BX\">Blackstone</a> and KKR plunged. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Financials Down as Bitcoin, Private-Credit Firms Slide -- Financials Roundup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinancials Down as Bitcoin, Private-Credit Firms Slide -- Financials Roundup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-04 06:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of banks and other financial institutions fell amid concerns about the sustainability of a tech boom. \n</p>\n<p>\n  The price of bitcoin briefly plunged to the lowest level in more than a year, wiping billions of dollars off cryptocurrency market value. That dragged cryptocurrency exchanges and trading platforms such as <a href=\"https://laohu8.com/S/COIN\">Coinbase</a> Global and <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> Markets into the red. \n</p>\n<p>\n  Fears that a new artificial-intelligence tool will make data-software firms redundant weighed on some major money managers, who lend money to both software firms and data-center developers. Shares of private-credit giants <a href=\"https://laohu8.com/S/OBDE\">Blue Owl</a>, Ares Management, <a href=\"https://laohu8.com/S/BX\">Blackstone</a> and KKR plunged. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608938612","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608938612","pubTimestamp":1770158040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of banks and other financial institutions fell amid concerns about the sustainability of a tech boom.The price of bitcoin briefly plunged to the lowest level in more than a year, wiping billions of dollars off cryptocurrency market value. That dragged cryptocurrency exchanges and trading platforms such as Coinbase Global and Robinhood Markets into the red.Fears that a new artificial-intelligence tool will make data-software firms redundant weighed on some major money managers, who lend money to both software firms and data-center developers. Shares of private-credit giants Blue Owl, Ares Management, Blackstone and KKR plunged.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc.","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","HOOD":"Robinhood","BK4601":"加密货币现货ETF"},"translate_title":"随着比特币和私人信贷公司下滑，金融股下跌——金融股综述","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HOOD":1.88,"COIN":1.88},"content_text":"Shares of banks and other financial institutions fell amid concerns about the sustainability of a tech boom. \n\n\n  The price of bitcoin briefly plunged to the lowest level in more than a year, wiping billions of dollars off cryptocurrency market value. That dragged cryptocurrency exchanges and trading platforms such as Coinbase Global and Robinhood Markets into the red. \n\n\n  Fears that a new artificial-intelligence tool will make data-software firms redundant weighed on some major money managers, who lend money to both software firms and data-center developers. Shares of private-credit giants Blue Owl, Ares Management, Blackstone and KKR plunged. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2026 17:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608938612","isCrawlerRequest":true}