Ali Khamenei

Business

SpaceX Acquires xAI in Landmark Deal, Uniting Musk's Space and AI Ambitions Under One Roof

Elon Musk's SpaceX has finalized the acquisition of his artificial intelligence venture, xAI, in a strategic move that merges the aerospace giant with the creator of the Grok chatbot. The deal, valued at a staggering $1.25 trillion, aims to accelerate AI development by leveraging shared computing resources and engineering talent from Musk's broader technology portfolio.

Feb 2, 2026

US

DOJ's 'Weaponization' Task Force Sees Leadership Shakeup as Key Trump Ally Ed Martin Exits Role

Ed Martin, a staunch Trump loyalist appointed to lead a Justice Department group scrutinizing prosecutors who investigated the former president, has been removed from that position, sources confirm. He remains in his separate role as Pardon Attorney.

Feb 2, 2026

Distress Signals: Three Multifamily Loans Enter Servicing in January, Highlighting Regional Pressures

January saw three apartment loans transferred to special servicing, revealing distinct challenges in Colorado and Houston markets despite strong national trends.

Feb 2, 2026

Business

Barclays Reshuffles Top Ranks, Bolstering Key Divisions Ahead of EU Headquarters Move

Barclays PLC announces a series of senior leadership appointments across its securitized products, payments, and European operations, signaling strategic focus areas as it prepares to relocate its EU hub to Paris.

Feb 2, 2026

Business

OpenAI's AI Inference Shift Tests Nvidia's Dominance, Sparks Chip Industry Ripples

OpenAI is actively seeking alternatives to some of Nvidia's latest AI chips, focusing on specialized hardware for faster inference, according to sources. This strategic pivot introduces new tensions and competitive dynamics between the two AI titans, even as investment talks continue.

Feb 2, 2026

Business

Three Altcoins Poised for Record Highs as February Trading Heats Up

Market momentum, technical indicators, and sustained capital inflows are aligning to potentially propel RAIN, KITE, and STABLE to new all-time highs in early February, though analysts caution over key resistance levels.

Feb 2, 2026

Business

Caleres Bolsters Leadership with Fashion Veteran Kristen Sosa to Steer Key New York Brands

Industry veteran Kristen Sosa joins Caleres as Division President, taking the helm of a portfolio including Stuart Weitzman, Veronica Beard, and Favorite Daughter, signaling a strategic push for growth.

Feb 2, 2026

Business

T-Mobile Announces Nearly 400 Job Cuts in Washington State as Part of Corporate Restructuring

T-Mobile has filed a WARN notice with Washington state officials, signaling permanent layoffs for 393 employees across multiple locations starting April 2026, amid a broader wave of tech sector workforce reductions.

Feb 2, 2026

Business

GameStop's Ryan Cohen Pivots from Bitcoin, Eyes 'Transformational' Consumer Sector Megadeal

GameStop shares surged after CEO Ryan Cohen teased a major consumer sector acquisition, signaling a strategic shift away from the company's bitcoin bet and toward what he calls a 'way more compelling' opportunity.

Feb 2, 2026

Business

AI and Finance: Is XRP Positioned to Ride the Next Wave?

As artificial intelligence reshapes finance, we examine whether XRP's underlying technology is built to capitalize on the trend of 'agentic AI' handling transactions, or if its potential benefits remain speculative.

Feb 2, 2026

Business

Terex Completes REV Group Merger, Shares Climb as Market Eyes Synergy Targets

Terex Corporation shares gained over 4% following the finalization of its merger with REV Group, creating a diversified specialty equipment giant. The deal is projected to yield $75 million in annual synergies by 2028.

Feb 2, 2026

Business

Fifth Third Seals $10.9 Billion Comerica Acquisition, Creating a U.S. Banking Powerhouse

Fifth Third Bancorp has finalized its acquisition of Comerica Incorporated, a move that consolidates the Midwest banking landscape and creates the nation's ninth-largest bank with nearly $300 billion in assets.

Feb 2, 2026

Business

Franklin Templeton Bets on Emerging Market Debt Surge with New ETF Launch

Franklin Templeton has launched the Templeton Emerging Markets Debt ETF (TEMD), aiming to give investors targeted exposure to both hard and local currency debt from developing economies, capitalizing on the asset class's recent strong performance.

Feb 2, 2026

Business

Netflix Consolidates Tech Leadership: Elizabeth Stone Elevated to Dual Role as Chief Product and Technology Officer

In a strategic reshuffle following the exit of its product chief, Netflix has merged its product and technology divisions under veteran executive Elizabeth Stone, signaling a tighter integration of engineering and user experience.

Feb 2, 2026

Business

Abbott's $21B Exact Sciences Acquisition Pivots Focus to Cancer Diagnostics as Nutrition Unit Overhauled

Abbott Laboratories moves to acquire cancer-testing leader Exact Sciences in a landmark deal, signaling a strategic shift toward high-growth diagnostics while simultaneously restructuring its challenged Nutrition business.

Feb 2, 2026

Business

Bank of America Shares Dip: A Buying Opportunity or a Sign of Deeper Concerns?

Bank of America's stock has retreated roughly 5% over the past month, trading below key fair value estimates. Analysts are divided on whether this presents a value entry point or reflects growing market apprehension about interest margins and credit quality.

Feb 2, 2026

Business

Fifth Third Completes Comerica Acquisition, Sets September Integration Date

Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding scheduled to begin after Labor Day. The deal reshapes Michigan's banking landscape and creates the nation's ninth-largest bank.

Feb 2, 2026

Business

Wealthy Dissent: Prominent Millionaires Call for Higher Taxes on Themselves

As global leaders gather in Davos, a coalition of over 400 affluent individuals from 24 nations issues a stark demand: governments must impose higher taxes on the ultra-wealthy to tackle inequality.

Feb 2, 2026

Business

Deloitte Warns: Lack of Governance Threatens the Promise of Agentic AI

A new Deloitte report urges enterprises to embed accountability and oversight from the start, arguing that governance is not a barrier but an accelerator for scaling autonomous AI systems.

Feb 2, 2026

Business

Jim Cramer Hails Royal Caribbean's 2026 Outlook as 'Spectacular' Amid Cruise Industry Resurgence

CNBC's Jim Cramer spotlighted Royal Caribbean Cruises Ltd. (RCL) this week, praising its ambitious full-year 2026 forecast as the cruise line capitalizes on robust post-pandemic demand and operational efficiencies.

Feb 2, 2026