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HKG:2799.HK News 13 January 2026

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

David Webb, Hong Kong activist investor and founder of Webb-site.com, died at 60 from metastatic prostate cancer, according to a notice posted Monday. Webb was known for exposing risky cross-shareholdings and corporate governance issues, triggering major stock sell-offs in 2017 and 2018. In 2025, he received an MBE for his work on market transparency. He had begun shutting down his website as his health declined.
13 January 2026
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Stock Market Today

Cloud computing stocks rebounded — but Amazon’s $200 billion spending plan keeps traders on edge

Cloud computing stocks rebounded — but Amazon’s $200 billion spending plan keeps traders on edge

7 February 2026
NEW YORK, Feb 7, 2026, 13:03 EST — Market closed. Cloud computing stocks closed higher on Friday, with the First Trust Cloud Computing ETF up 4.4% and the WisdomTree Cloud Computing Fund up 3.5%, a late-week pop after a rocky stretch for technology shares. Amazon fell 5.6%, while Microsoft rose 1.8% and Alphabet slipped 2.5%; Cloudflare and Datadog both gained. The move matters because cloud and software stocks have turned jumpy around the same question: does fast-moving artificial intelligence help sell more software, or make parts of it cheaper and easier to replace. A Reuters report on Thursday said the
Data Center Stocks Surge Into the Weekend: Digital Realty, Equinix and Vertiv Set Up a Big Week Ahead

Data Center Stocks Surge Into the Weekend: Digital Realty, Equinix and Vertiv Set Up a Big Week Ahead

7 February 2026
Digital Realty, Equinix, and Vertiv shares surged Friday, with Vertiv up 10% and Digital Realty rising 4.1%, as investors rotated back into AI-linked data center stocks. The move followed Amazon’s $200 billion and Alphabet’s $175–185 billion 2026 capex targets. Digital Realty set 2026 core FFO guidance at $7.90 to $8.00 per share. Wall Street ended the week broadly higher, led by chipmakers.
Quantum computing stocks bounce hard: IonQ, Rigetti, D‑Wave rally as traders reset for a data-heavy week

Quantum computing stocks bounce hard: IonQ, Rigetti, D‑Wave rally as traders reset for a data-heavy week

7 February 2026
IonQ, Rigetti, D‑Wave, and Quantum Computing Inc shares surged 15–21 percent Friday, erasing losses from the previous session. The rebound followed a Wall Street rally that sent the Dow above 50,000 for the first time. IonQ remains under scrutiny after a short-seller report questioned its Pentagon contract revenue. Investors await delayed U.S. jobs and inflation data next week.
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