AI in Finance

World

Whistleblower Complaint Against Intelligence Chief Gabbard Stalled for Months, Sparking Bipartisan Scrutiny

A complaint alleging misconduct by Director of National Intelligence Tulsi Gabbard has been withheld from congressional oversight committees for eight months, her office citing an extended legal review. The delay, disputed by the complainant's attorney, raises questions about transparency and adherence to whistleblower protection laws within the nation's top intelligence office.

Feb 2, 2026

Business

Joby Aviation Nears Liftoff: Air Taxi Service Launch Imminent in Dubai, U.S. Operations on Horizon

Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.

Feb 2, 2026

Business

GM's Barra Joins Trump for Critical Minerals Reserve Announcement, Stressing Supply Chain Resilience

General Motors CEO Mary Barra attended a White House event where President Trump unveiled 'Project Vault,' a $12 billion initiative to create a strategic reserve of critical minerals aimed at securing U.S. industrial supply chains.

Feb 2, 2026

Business

Markets Rebound on Strong Manufacturing Data; Micron Surges Amid AI Investment Scrutiny

U.S. equities found firmer ground Tuesday, buoyed by a robust factory activity report. The rally unfolded as investors grow increasingly discerning about AI-related capital expenditures, creating clear winners and losers.

Feb 2, 2026

Business

Musk Merges SpaceX and xAI in Sweeping Empire Consolidation, Eyes Orbital Data Centers

Elon Musk has formally merged his rocket company SpaceX with artificial intelligence firm xAI, a strategic consolidation aimed at creating a vertically integrated powerhouse focused on AI and space infrastructure, according to an internal memo obtained by Business Insider.

Feb 2, 2026

Business

Bargain Hunting in Asia: Three Undervalued Stocks Poised for Growth Amid Market Volatility

Amid economic headwinds and geopolitical tensions, discerning investors are scouring Asian markets for hidden gems. We spotlight three companies—from China's food sector to Taiwan's tech and Japan's chemicals—trading significantly below their estimated intrinsic value, offering potential upside for the patient investor.

Feb 2, 2026

Business

Palantir Soars on AI-Driven Earnings Beat, Defying Skeptics with "Remarkable" Growth

Palantir Technologies' stock surged after hours as its Q4 earnings and bullish 2026 guidance surpassed analyst forecasts, signaling a powerful acceleration in its AI software business and vindicating CEO Alex Karp's long-term strategy.

Feb 2, 2026

Business

Amazon to Retire Palm-Scanning Checkout System Nationwide, Ending Biometric Retail Push

Amazon will phase out its Amazon One palm recognition service across all U.S. retail locations by mid-2026, citing low adoption. The move signals a strategic pullback from in-store biometrics amid privacy debates and a broader refocusing of its physical store strategy.

Feb 2, 2026

US

Virginia Man Found Guilty in BDSM-Themed Double Murder Plot Involving Au Pair

Brendan Banfield has been convicted of the aggravated murder of his wife and a stranger lured through a fake BDSM encounter, a plot allegedly orchestrated with the family's live-in nanny who testified against him.

Feb 2, 2026

Business

Palantir's AI-Driven Surge: Tenth Straight Quarter of Accelerating Growth Defies Skeptics

Palantir Technologies shatters expectations with Q4 results, reporting a 70% revenue surge and forecasting continued robust growth, as its AI platform becomes a central driver for U.S. commercial business.

Feb 2, 2026

Business

Fashion Giants Join Forces in Saks Global Bankruptcy Committee as Retailer's Future Hangs in Balance

Amazon, Chanel, and other major creditors have formed a unified front in Saks Global's Chapter 11 proceedings, aiming to recover debts while the luxury retailer moves to liquidate its off-price division and renegotiate key partnerships.

Feb 2, 2026

Business

Microsoft's AI Bet Weighs on Shares Despite Record Revenue: Can the Tech Giant Regain Its Footing in 2026?

Despite posting record quarterly revenue driven by its cloud division, Microsoft shares have slumped to an eight-month low following its Q2 FY2026 earnings. The sell-off highlights investor concerns over the company's massive capital expenditures on AI infrastructure and its deepening ties to OpenAI.

Feb 2, 2026

SpaceX Acquires Musk's xAI in Bid to Power Artificial Intelligence from Orbit

Elon Musk merges his rocket company with his AI startup, arguing that the future of scalable artificial intelligence depends on moving its immense power demands off-planet.

Feb 2, 2026

Business

SpaceX Merges with xAI in Historic Deal, Aims to Pioneer Orbital Data Centers

Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.

Feb 2, 2026

Business

Teradyne Soars on AI-Driven Earnings Beat, Upgrades Full-Year Outlook

Teradyne (TER) shares surged over 10% after the semiconductor test equipment leader posted Q4 revenue and profit that smashed analyst estimates, fueled by surging demand from AI chipmakers. The company's bullish guidance signals confidence in a sustained industry upcycle.

Feb 2, 2026

Business

Audit Reveals Duke University's Robust Finances, Contradicting Rationale for Staff Cuts

An independent financial analysis of Duke University has found the institution possesses substantial reserves and strong cash flow, raising faculty criticism over recent staff reductions and budget cuts framed as necessary austerity measures.

Feb 2, 2026

Business

SpaceX to Absorb Musk's xAI in Bid to Create Integrated Tech Powerhouse

Elon Musk consolidates his ventures as SpaceX moves to acquire artificial intelligence firm xAI, aiming to merge space technology with advanced AI under a single corporate roof.

Feb 2, 2026

Business

Universal Health Services Gains Momentum: Easing Staffing Woes and Strong Operations Fuel Investor Optimism

Universal Health Services (UHS) is drawing renewed investor interest following better-than-expected quarterly results, driven by robust behavioral health demand and a significant easing of industry-wide staffing pressures. While operational improvements bolster the near-term outlook, debates persist over valuation and the company's ability to sustain gains amid high debt levels.

Feb 2, 2026

Business

IDEXX Charts New Course: CEO Succession Plan and AI-Powered Imaging System Unveiled

IDEXX Laboratories announces a planned CEO transition for 2026 alongside the launch of its flagship AI veterinary imaging platform, signaling a dual focus on leadership continuity and technological innovation in the competitive animal health diagnostics market.

Feb 2, 2026

Business

SAP's Cloud Slowdown Sparks Investor Jitters Over AI Transition and Growth Trajectory

SAP's latest quarterly earnings revealed a significant deceleration in its crucial cloud business growth, sending shares tumbling and raising fresh doubts about the enterprise software giant's positioning in an AI-dominated future.

Feb 2, 2026