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Cavco Industries Posts Strong Q1 2026 Results on Surging Demand and Strategic Execution

Cavco Industries (CVCO) reported robust first-quarter fiscal 2026 earnings, with revenue climbing 9.5% year-over-year and operating profit jumping approximately 50%. The manufactured housing leader credited strategic production increases, improved pricing, and a rebound in its financial services segment for the strong performance, while also highlighting its pending acquisition of American Homestar.

Jan 30, 2026

Business

Oil Prices Edge Higher as Middle East Tensions Simmer, Supply Risks Loom

Crude oil and gasoline prices advanced on Friday, supported by persistent geopolitical risks in the Middle East and ongoing supply constraints, though gains were tempered by a stronger dollar and diplomatic signals.

Jan 30, 2026

Business

Markets Tumble on Trump's Fed Pick: Warsh Nomination Sends Stocks, Metals Lower

U.S. stocks fell and precious metals plunged from record highs after President Trump nominated former Fed Governor Kevin Warsh to lead the central bank, sparking concerns over monetary policy direction and Fed independence.

Jan 30, 2026

Business

Cavco Industries Navigates Hurricane Disruptions as Housing Demand Rebounds, Posts Solid Q2 Growth

Despite significant operational downtime from recent hurricanes, Cavco Industries reports a 12.3% year-over-year revenue increase to $507.5 million for Q2 FY2025, driven by a 15.7% jump in homes shipped. The company remains optimistic on market recovery and announces an additional $100 million share repurchase authorization.

Jan 30, 2026

Business

Barrick Shares Tumble as Trump's Fed Pick Eases Inflation Fears, Gold Retreats

Barrick Mining Corporation's stock fell nearly 10% Friday, mirroring a sharp drop in gold prices after President Trump's nomination of a mainstream candidate to lead the Federal Reserve calmed market anxieties about runaway inflation.

Jan 30, 2026

Business

The Rise of 'Soft Switching': Why Savvy Consumers Are Opening Multiple Bank Accounts

A growing financial strategy known as 'soft switching'—opening new bank accounts without closing old ones—is gaining traction. Experts say it can unlock higher yields, better features, and greater flexibility, but requires careful management to avoid pitfalls.

Jan 30, 2026

Business

LyondellBasell Navigates Prolonged Downturn with Strategic Cash Preservation and Portfolio Reshaping

Facing one of the longest downturns in industry history, LyondellBasell reported Q2 2025 earnings of $0.62 per share, outlining a disciplined strategy focused on cash conservation, portfolio optimization in Europe, and a pivot towards circular and low-carbon solutions to emerge stronger from the cycle.

Jan 30, 2026

Business

Rivian's Rocky Road: Can the EV Underdog Deliver a Turnaround by 2029?

From post-IPO darling to a stock trading near historic lows, Rivian faces a critical five-year window. With new models on the horizon and a major Volkswagen partnership, analysts see a path to growth—if it can navigate fierce competition and persistent losses.

Jan 30, 2026

Business

Trump's Medicare Advantage Payment Freeze Sends Healthcare Stocks Reeling, Threatens Insurer Profits

A proposed near-zero payment increase for Medicare Advantage plans by the Trump administration has blindsided Wall Street, erasing billions in market value and raising fears of a prolonged downturn for major health insurers.

Jan 30, 2026

Business

XPO in Focus: Driver Safety Honors Meet Heavy Options Bets as Leadership Transition Looms

XPO's dual recognition of driver safety excellence coincides with significant institutional options activity targeting 2026, setting the stage for a pivotal period as the company navigates leadership change and high expectations for its core LTL business.

Jan 30, 2026

Business

Wisconsin Sees Uptick in Jobless Claims Amid Mixed National Picture

New unemployment filings in Wisconsin edged higher last week, contrasting with a slight national decline and highlighting regional economic disparities as labor market signals remain mixed.

Jan 30, 2026

Business

Wisconsin Sees Uptick in Jobless Claims Amid Mixed National Picture

New unemployment filings in Wisconsin edged higher last week, diverging from a slight national decline and highlighting ongoing labor market fluctuations across states.

Jan 30, 2026

Business

Covenant Logistics Eyes 2026 Turnaround, Citing Early Rate Gains and Strategic Fleet Reshaping

Despite posting a Q4 net loss, Covenant Logistics signals a shift in market dynamics, with executives pointing to rising spot rates, secured contract increases, and a disciplined fleet strategy as precursors to a stronger performance by late 2026.

Jan 30, 2026

Business

Trump Administration Shifts Course, Scraps Price Guarantees for Critical Minerals Projects

The White House has backed away from plans to set minimum prices for domestic critical minerals projects, telling industry leaders that ventures must stand on their own financially. The policy reversal, driven by funding uncertainties and market concerns, marks a significant shift in strategy for bolstering the U.S. supply chain.

Jan 30, 2026

Business

Gentex Navigates Tariff Headwinds to Deliver Strong Q4, Eyes Growth in Driver Monitoring and Dimmable Tech

Gentex Corporation (GNTX) reported a 19% surge in Q4 2025 revenue to $644.4 million, bolstered by its VOXX acquisition. While core auto-dimming mirror sales held steady, the company achieved a significant five-point outperformance in its primary markets and hit its highest gross margin target since 2021, showcasing resilience against tariff pressures and setting a confident growth trajectory for 2026.

Jan 30, 2026

Business

Scout Motors' South Carolina EV Plant Hits $150M Overrun, Taxpayers Asked to Cover Costs

Three years after securing $1.3 billion in state incentives, Volkswagen-backed Scout Motors' planned electric vehicle factory faces mounting public costs amid wetland mitigation and inflation, raising questions about risk allocation.

Jan 30, 2026

Business

Illinois Sees Dip in New Jobless Claims Amid Broader National Stability

Initial unemployment filings in Illinois fell last week, reflecting a modest improvement in local labor market conditions even as national numbers held steady.

Jan 30, 2026

Business

RLI Corp Posts Strong Q4 Underwriting Results, But Valuation Questions Linger

RLI Corp's latest earnings report showcases robust underwriting performance and capital returns. However, a mixed share price trajectory and premium valuation metrics are prompting investors to question whether the stock's future growth is already priced in.

Jan 30, 2026

Business

BYD Accelerates Global Manufacturing Push with Strategic Moves in India, Mexico, and Vietnam

Chinese electric vehicle giant BYD is deepening its international footprint, announcing new assembly plans in India, a strategic pivot in Mexico, and a battery plant partnership in Vietnam, as it seeks to insulate itself from trade barriers and tap into regional growth.

Jan 30, 2026

Business

TSMC's Arizona Megafab Signals AI Boom, But Investors Question Valuation Amid Massive Expansion

Taiwan Semiconductor Manufacturing Company's planned Arizona gigafab cluster, backed by a US$250 billion U.S.-Taiwan initiative, underscores its pivotal role in powering the AI revolution while raising questions about capital intensity and long-term returns in the reshoring era.

Jan 30, 2026