Borno State

Business

Simon Property Group Caps Strong Year with Record FFO, Outlines Aggressive $4B+ Redevelopment Pipeline

Simon Property Group reported robust fourth-quarter results, driven by record funds from operations and resilient leasing demand. The retail REIT giant is steering a multi-billion dollar redevelopment strategy while returning significant capital to shareholders, even as it navigates a cautious outlook for 2026.

Feb 2, 2026

Business

Simon Property Group Caps Strong Year with Strategic Acquisitions and Record Returns, Outlines Aggressive 2026 Growth Plan

Simon Property Group reported robust fourth-quarter and full-year 2025 results, highlighted by record funds from operations, $2 billion in strategic acquisitions, and a significant return of capital to shareholders. The retail REIT giant provided optimistic 2026 guidance, banking on a strong development pipeline and resilient tenant demand despite acknowledging tariff-related headwinds.

Feb 2, 2026

Business

Woodward Soars on Strong Aerospace Demand, Announces China On-Highway Exit

Woodward (WWD) kicked off fiscal 2026 with robust earnings, driven by a surge in aerospace services and industrial sales. The company raised its full-year outlook but cautioned on supply chain pressures and announced a strategic wind-down of its volatile China On-Highway business.

Feb 2, 2026

Business

Rambus Caps Record Year on AI and Data Center Demand, Navigates Supply Chain Hiccup

Rambus reported record annual revenue and earnings for fiscal 2025, fueled by strong DDR5 adoption and AI-driven data center growth. While a one-time supply chain issue is expected to pressure Q1 2026 product revenue, management expressed confidence in a swift recovery and sustained long-term momentum.

Feb 2, 2026

Business

Palantir Shatters Records as U.S. AI Demand Fuels Historic Growth

Palantir Technologies' fourth-quarter earnings reveal a seismic shift, with U.S. commercial revenue for its AI Platform soaring 137%. The data analytics firm posted its highest growth rate as a public company, powered by massive government contracts and enterprise adoption, while setting aggressive targets for the year ahead.

Feb 2, 2026

Business

Musk Merges SpaceX and xAI, Forging a Trillion-Dollar "Off-Planet" Tech Titan

Elon Musk consolidates his AI and aerospace ambitions by merging SpaceX with xAI, a move driven by a radical vision to power next-generation artificial intelligence from space.

Feb 2, 2026

Business

The Great Wealth Transfer's Hidden Burden: Why Inheriting a Home Isn't a Simple Windfall

As trillions pass to heirs, inheriting property often brings complex financial obligations, from taxes to upkeep, that can erode perceived wealth gains. Experts urge careful planning to navigate the emotional and fiscal challenges.

Feb 2, 2026

Business

The High Cost of the American Dream: Why a Bestselling Author Says Buying a Home Can Derail Financial Freedom

As housing affordability hits historic lows, financial author JL Collins challenges a core tenet of the American Dream, arguing that homeownership can be a trap for capital and mobility, especially for those seeking early financial independence.

Feb 2, 2026

Business

Woodward Soars on Strong Aerospace and Industrial Demand, Raises Full-Year Outlook

Woodward, Inc. (WWD) kicked off fiscal 2026 with robust first-quarter results, driven by exceptional performance in commercial aerospace services and broad-based industrial growth. The company reported a 29% year-over-year sales increase and a 54% jump in EPS, prompting an upward revision to its annual guidance.

Feb 2, 2026

Business

Musk Consolidates Empire: SpaceX Merges with xAI to Pioneer Orbital AI Data Centers

Elon Musk announces the merger of SpaceX and xAI, unveiling an ambitious plan to construct data centers in space, which he claims will become the most cost-effective source of AI computing power within years.

Feb 2, 2026

Business

Palantir Soars on Analyst Confidence and Stellar Earnings, Fueling AI Stock Rally

Palantir Technologies' stock gained momentum Monday following an upgrade by William Blair, a move vindicated after hours by a strong Q4 earnings report that exceeded forecasts and set robust guidance for 2026.

Feb 2, 2026

Business

ExxonMobil Posts Record Production, Completes Massive Buyback Amid Shifting Energy Landscape

ExxonMobil capped 2025 with its highest annual oil and gas output in over four decades while returning historic cash to shareholders, setting the stage for a pivotal year as it balances traditional strength with energy transition investments.

Feb 2, 2026

Business

Huntington Bancshares Stock Surge Raises Valuation Questions: Is HBAN Still a Buy?

Shares of Huntington Bancshares (HBAN) have climbed over 17% in the past 90 days, closing recently at $17.88. This rally has investors scrutinizing whether the regional bank's stock still holds value after its strong run, with some models suggesting a significant upside to fair value.

Feb 2, 2026

Business

InterDigital Inks Key Patent Deal with LG, Expanding Royalty Stream Beyond Smartphones to TVs and Monitors

InterDigital has secured a new multi-year patent license agreement with LG Electronics, extending its royalty base into consumer electronics like digital TVs and display monitors, signaling a strategic diversification of its licensing revenue.

Feb 2, 2026

Business

Alexander's (ALX) Stock Surge Raises Valuation Questions: Is the NYC REIT Overheated?

Shares of New York-focused REIT Alexander's have delivered impressive returns, but a closer look reveals a widening gap between its market price and key valuation metrics, prompting debate among investors.

Feb 2, 2026

Business

New 'Trump Accounts' Launch July 5, Offering Government Seed Money and Long-Term Growth for Children's Futures

A new federally-backed investment vehicle for minors, dubbed 'Trump Accounts,' launches next month. Children born through 2028 could receive a $1,000 government contribution, with financial experts highlighting its potential to build a significant nest egg for education and retirement.

Feb 2, 2026

Business

Oil Prices Plunge as Dollar Surges and Iran Tensions Cool

Crude oil and gasoline futures tumbled sharply on Monday, pressured by a rallying U.S. dollar and signs of diplomatic engagement between the U.S. and Iran. The sell-off marks a significant reversal from last week's geopolitical premium.

Feb 2, 2026

World

Venezuela's Oil Overhaul: A Historic Reversal Opens Doors, But Questions of Control and Corruption Linger

In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core socialist-era controls to attract foreign investment. While promising a production boost, the new hybrid system raises concerns about transparency, U.S. oversight, and whether it truly marks a clean break from the past.

Feb 2, 2026

US

Virginia Man Found Guilty in Premeditated Double Murder Plot Involving Family Au Pair

A Fairfax County jury has convicted Brendan Banfield on two counts of aggravated murder for orchestrating the deaths of his wife and another man in a complex scheme with the family's live-in nanny.

Feb 2, 2026

Business

Chicago's Metropolitan Capital Bank Collapses, Marking First U.S. Bank Failure of 2026

For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.

Feb 2, 2026