Climate Change

Business

Microsoft's AI Ambition Faces Investor Scrutiny: Heavy Spending, OpenAI Reliance Cloud Growth Narrative

Microsoft's aggressive push into AI, marked by massive infrastructure spending and a deepening partnership with OpenAI, is facing a reality check from investors. Despite robust financials, concerns over capital intensity and concentrated risk triggered the stock's sharpest single-day drop in years, signaling a pivotal moment for the tech giant's cloud valuation story.

Feb 2, 2026

Business

Analysts Revise Coveo Solutions Outlook: What's Behind the Shift in Sentiment?

Coveo Solutions (TSX:CVO) is back in the spotlight following a series of analyst price target revisions. While specific figures remain undisclosed, the collective move signals a reassessment of the AI-powered search company's growth trajectory amid evolving market conditions.

Feb 2, 2026

Business

Treasury Report: U.S. Economy Shows Resilient Growth, Cooling Inflation as 2026 Begins

A new Treasury Department assessment paints a picture of an economy entering the new year with sustained momentum, driven by business investment and consumer spending, while key inflation metrics show continued moderation.

Feb 2, 2026

Business

Sugar Prices Sink to Multi-Year Lows as Global Glut Deepens

Sugar futures extended their sharp decline this week, with prices in New York hitting a 2.5-month low and London white sugar touching a five-year trough, pressured by forecasts of abundant global supplies from top producers Brazil, India, and Thailand.

Feb 2, 2026

Business

Cocoa Futures Rebound as Ivory Coast Shipments Slow, But Market Glut Weighs on Sentiment

Cocoa prices edged higher Monday, finding a brief respite from a prolonged slump as delivery slowdowns in top grower Ivory Coast triggered short-covering. However, the rally remains fragile, overshadowed by bulging global stocks, weak demand, and forecasts for a continued supply surplus.

Feb 2, 2026

Business

Arabica Edges Higher Amid Technical Rebound, While Robusta Hits Four-Week Low

Coffee markets diverged on Monday as arabica futures found modest support from technical buying, but robusta prices slumped to a four-week low. The mixed performance comes amid favorable rains in Brazil boosting yield prospects, while surging Vietnamese exports pressure the robusta market.

Feb 2, 2026

US

California's $200M EV Rebate Plan Demands Automaker Match, Targets First-Time Buyers

California unveils a novel $200 million electric vehicle incentive program requiring matched funding from automakers and restricted to first-time EV buyers, with specific vehicle price caps to be set.

Feb 2, 2026

Business

Ripple Executes $1.63 Billion XRP Unlock, Sparking Market Scrutiny Over Price Impact

Ripple has released 1 billion XRP tokens from escrow, valued at approximately $1.63 billion, as part of its scheduled monthly treasury management. While a portion has been re-locked, $500 million worth is earmarked for potential company operations this month, raising questions about market absorption amid a broader crypto downturn.

Feb 2, 2026

Business

Hyperliquid's New Protocol Paves Way for On-Chain Prediction Markets

Hyperliquid has upgraded its core engine with the HIP-4 protocol, introducing a novel 'Outcomes' contract system designed for prediction markets and structured products, currently in testnet phase.

Feb 2, 2026

US

Giuliani Casts Doubt on Official Epstein Suicide Narrative, Calls for Deeper Probe

In a recent podcast appearance, former New York City Mayor Rudy Giuliani questioned the official conclusion that Jeffrey Epstein died by suicide in federal custody, advocating for a more thorough investigation despite recent FBI affirmations.

Feb 2, 2026

Business

Trump's Housing Conundrum: Pledging to Keep Prices High While Promising Easier Access for Buyers

President Trump's latest push to improve housing affordability centers on lowering borrowing costs, not home values. But with a severe shortage of homes and prices near record highs, economists warn his proposals may simply reignite price surges rather than create lasting relief for aspiring homeowners.

Feb 2, 2026

Business

Markets Shrug Off Metals Rout, Focus on Strong Data and Trade Deals

Wall Street and the dollar advanced as robust economic indicators and a U.S.-India trade pact overshadowed a continued historic selloff in precious metals. Investors recalibrate around growth optimism and shifting geopolitical winds.

Feb 2, 2026

Business

Foreclosed 432 Park Avenue Penthouse Finds Buyer at $50 Million Amid Tower's Legal Woes

A full-floor residence at the troubled supertall 432 Park Avenue, previously owned by developer Harry Macklowe, has sold for over $50 million following a foreclosure, as the building grapples with lawsuits over alleged structural defects.

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

US

Texas Primary Rival Backs Crockett's Statewide Prospects, Citing Electability Debate

In a notable show of party unity, Texas Senate hopeful James Talarico affirmed on 'The View' that Democratic primary opponent Rep. Jasmine Crockett could win a statewide race, addressing underlying questions about her electability as a Black woman in Texas.

Feb 2, 2026

Business

Bitcoin Tumbles Below $80,000: Geopolitical Tensions and Forced Liquidations Fuel Sharp Weekend Sell-Off

Bitcoin's sharp decline over the weekend, breaching the key $80,000 level, highlights its heightened sensitivity to macro risks and challenges its 'digital gold' narrative as investors scramble for safe havens.

Feb 2, 2026

Business

Columbia Financial Surpasses Revenue Forecasts with Stellar Q4 Performance

Columbia Financial (NASDAQ: CLBK) reported fourth-quarter revenue that significantly exceeded Wall Street expectations, driven by a 247% year-over-year surge. The community bank's performance highlights strengthening net interest income and an accelerating tangible book value.

Feb 2, 2026

Business

MicroStrategy's Bitcoin Bet Sinks Underwater, Raising Questions on Funding Strategy

MicroStrategy's massive Bitcoin holdings have fallen below their average purchase price, resulting in over $900 million in paper losses. This development intensifies scrutiny on the company's reliance on equity markets to fund its crypto acquisitions as financial conditions tighten.

Feb 2, 2026

Business

Kforce Beats Q4 Revenue Forecasts but Shares Tumble on Profit Miss

The professional staffing firm Kforce (NYSE:KFRC) reported fourth-quarter sales that edged past analyst expectations, yet its stock plunged 11.7% as earnings per share fell sharply short of estimates, highlighting ongoing challenges in a tightening labor market.

Feb 2, 2026

Business

RTX's Defense Unit Secures Key Contracts and Test Milestones, But Valuation Concerns Loom

Raytheon, an RTX business, achieves a critical ballistic flight test for the U.S. Army's new interceptor while securing over $1.2 billion in new defense contracts. These wins solidify its role in next-generation air defense but come as the company's stock trades near record highs, prompting investor scrutiny over future growth.

Feb 2, 2026