ESAB Corporation

Business

Twist Bioscience Powers Ahead: Q1 2026 Revenue Jumps 17%, Fueled by AI-Driven Discovery Boom

Twist Bioscience kicks off fiscal 2026 with robust growth, reporting a 17% year-over-year revenue increase to $103.7 million. The company credits its semiconductor-based DNA synthesis platform and surging demand from AI-enabled drug discovery programs as key drivers, while reiterating its path to adjusted EBITDA breakeven within the year.

Feb 2, 2026

World

Israeli Authorities Arrest Local Leaders in Multi-Million Dollar Wartime Aid Fraud Probe

Israeli police have detained municipal officials and business figures suspected of embezzling millions in international donations intended for communities devastated by the October 7 Hamas attacks, launching a major fraud investigation.

Feb 2, 2026

Business

FPA Crescent Fund Sheds Microsoft Stake, Citing AI Valuation Concerns and Shifting Portfolio Strategy

First Pacific Advisors' FPA Crescent Fund disclosed it sold its position in tech giant Microsoft in Q4 2025. The value-focused fund explained the move was driven by a search for greater upside in other AI-related investments, despite acknowledging Microsoft's strong fundamentals.

Feb 2, 2026

Business

Norfolk Southern Unveils Major East Coast Rail Corridor, Aiming to Unclog Freight Bottlenecks

Norfolk Southern has inaugurated its new 'East Edge' double-stack corridor, a decades-in-the-making infrastructure project linking Chicago to New England. The move is set to bolster intermodal capacity in the Northeast and could sharpen the railroad's competitive edge and investor appeal.

Feb 2, 2026

Business

Target's Leadership Shuffle: New CEO and Board Members Signal Renewed Focus on Store Revamp

Amidst sluggish sales and intense competition, Target appoints Michael Fiddelke as CEO and refreshes its board, placing store revitalization and operational efficiency at the heart of its turnaround strategy.

Feb 2, 2026

Business

Beyond the Penny Label: Three TSX-Listed Small Caps With Strong Balance Sheets and Growth Ambitions

As the TSX rides a wave of broad-based earnings optimism, a closer look reveals smaller companies, often miscategorized as 'penny stocks', that combine financial resilience with clear growth trajectories. We examine three such firms with market caps up to CA$700 million.

Feb 2, 2026

Business

India Unveils Sweeping Financial Sector Overhaul, Eyes Banking Reforms for 2047 Vision

India's latest budget proposes a high-level committee to reshape the financial landscape, alongside major reforms in foreign investment rules and bond markets, aiming to fuel the country's next growth phase.

Feb 2, 2026

Business

Giverny Capital Sees Schwab's Earnings Momentum Stretching Into 2026

Despite a challenging 2025, Giverny Capital's latest investor letter highlights Charles Schwab as a key portfolio contributor, projecting sustained growth for the financial giant as market dynamics evolve.

Feb 2, 2026

Business

The IRS's New Digital Dragnet: Why Your Side Hustle Income Is Now on Its Radar

Fueled by new funding and AI-powered tools, the Internal Revenue Service is intensifying its scrutiny of gig economy and freelance income, making even small earnings reportable. Here’s what you need to know to stay compliant.

Feb 2, 2026

Business

Penny Stocks in Focus: Siebert Financial Tops List as Investors Seek High-Growth Opportunities

Amid a mixed market backdrop, penny stocks are drawing renewed attention for their growth potential. We analyze three standout picks, led by financial services firm Siebert Financial, highlighting their financial health and strategic moves in a volatile landscape.

Feb 2, 2026

Business

London's Historic Ibex House to Become Art Deco Hotel After Planning Nod

A Dominus and Cheyne Capital partnership wins City of London approval to convert the Grade II-listed Ibex House into a 382-room hotel, slated for a late 2028 opening, complete with a hospitality academy and restored pub.

Feb 2, 2026

Business

Morgan Stanley Boosts HF Sinclair Target to $61, Citing Refining Strength and Strategic Acquisition

Analyst Joe Laetsch raises HF Sinclair's price target, highlighting favorable crude differentials and a recent $38 million acquisition aimed at expanding its lubricants business, as the refiner lands on a list of top low-risk dividend stocks.

Feb 2, 2026

Business

Scotiabank Trims Comcast Price Target Amid Broadband Subscriber Losses, Intensifying Competition

Scotiabank has lowered its price target for Comcast (CMCSA), reflecting ongoing pressure in its core broadband business as the media giant reports higher-than-expected customer losses in Q4 and faces fierce competition from fiber and fixed-wireless rivals.

Feb 2, 2026

World

UK Fuel Price Transparency Scheme Launches, Forcing Real-Time Updates to Curb 'Rocket and Feather' Pricing

A new mandatory scheme requires all UK fuel stations to report price changes within 30 minutes, with data fed to comparison apps. The government-backed initiative aims to boost competition and save households an estimated £40 annually.

Feb 2, 2026

Business

Beyond the Volatility: Three Tech Stocks Poised for Growth in a Shifting Market

Amidst a mixed economic backdrop, we spotlight three U.S. tech companies—Rumble, Daktronics, and Sandisk—whose strategic initiatives and robust growth projections set them apart for investors looking beyond near-term turbulence.

Feb 2, 2026

Business

Defense Spending Nears $1 Trillion as AI Chip Integration Reshapes Military Tech

Rising global defense budgets are accelerating the adoption of artificial intelligence in military systems, with companies racing to develop advanced sensing and threat-detection capabilities through strategic partnerships and acquisitions.

Feb 2, 2026

Business

Insider Confidence: Three High-Growth Stocks Where Leadership Has Skin in the Game

Amid a resilient but mixed market, companies with significant insider ownership are drawing investor attention. We examine three firms—spanning crypto, consumer staples, and finance—where management's substantial equity stakes align with ambitious earnings growth forecasts of up to 124%.

Feb 2, 2026

Business

Global Public Sector Gets Its Own Climate Disclosure Rulebook

IPSASB unveils the world's first dedicated climate reporting standard for governments and public bodies, mandating disclosures from 2028 to illuminate financial risks and opportunities.

Feb 2, 2026

Business

Oracle Bets Big on Cloud: Tech Giant Seeks $50 Billion to Fuel AI Infrastructure Race

Oracle announces plans to raise up to $50 billion in 2026 through debt and equity to massively expand its cloud data centers, aiming to meet surging demand from AI leaders like Nvidia, OpenAI, and xAI.

Feb 2, 2026

Business

Truist Financial Shares Trade at a Discount: Is the Market Overlooking Its Earnings Potential?

A deep dive into Truist Financial's valuation suggests its current share price may not fully reflect its underlying earnings power and book value, presenting a potential opportunity for investors.

Feb 2, 2026