EV Strategy

Business

BetMGM Posts Record $2.8B Revenue in FY2025 as Sports Betting Surge Fuels Growth

BetMGM announced record financial results for fiscal year 2025, with net revenue soaring 33% to $2.8 billion. While CEO Adam Greenblatt reaffirmed the company's iGaming focus, a 63% surge in online sports betting revenue proved the primary growth driver, signaling a pivotal shift in the competitive U.S. digital gaming landscape.

Feb 4, 2026

Business

Fortive Posts Strong Q4, Outlines Ambitious 2026 Growth Strategy Under New Leadership

Fortive Corporation (NYSE: FTV) capped off its first year as a refocused industrial technology leader with robust fourth-quarter results, exceeding guidance and launching an aggressive share repurchase program. CEO Olumide Soroye detailed the early success of the 'Fortive Accelerator' strategy, projecting confidence in sustained organic growth and disciplined capital allocation for the year ahead.

Feb 4, 2026

Business

Home Depot Unveils 2026 Revamp: Smart Homes, Burgers, and AI Tools Target Pros and DIYers

Facing sustained sales pressure, Home Depot announces a multifaceted strategy for 2026, blending smart home upgrades, an unlikely burger partnership, and AI-powered tools in a bid to re-energize its customer base.

Feb 4, 2026

Business

Futura Medical Shares Surge on Upbeat Revenue Outlook and Strong Cash Position

Shares in Futura Medical PLC jumped as much as 10% after the company upgraded its 2025 revenue forecast to £1.7 million and reported a robust year-end cash balance, extending its financial runway into late 2026.

Feb 4, 2026

Business

IBM's Software-Led Revival Gains Momentum: Strong Q4 Earnings Fuel Bullish Outlook

IBM's latest quarterly results showcase robust revenue growth and expanding margins, reinforcing a bullish thesis centered on its strategic pivot to a software-first, AI-integrated platform. With disciplined execution and a clear growth trajectory, the tech giant is making a case for a sustained rerating.

Feb 4, 2026

Business

New York Times Shares Tumble as Subscriber Growth Concerns Eclipse Revenue Beat

The New York Times Company saw its stock plunge more than 8% Thursday after a mixed fourth-quarter earnings report, where disappointing profitability figures and slowing subscriber additions overshadowed better-than-expected revenue.

Feb 4, 2026

Business

Porsche's Electric Sports Car Ambitions Stall: 718 EV Line Under Review as VW Group Sharpens Cost Focus

Volkswagen Group is reportedly reconsidering the future of the all-electric Porsche 718 Boxster and Cayman, citing development hurdles and rising costs. The potential move signals a strategic pivot towards core, high-volume electric vehicles and stricter financial discipline across the auto giant's portfolio.

Feb 4, 2026

Business

UBS Charts Digital Asset Course: CEO Outlines Crypto Trading and Tokenization Strategy for Wealthy Clients

Swiss banking giant UBS is developing a suite of digital asset services, including cryptocurrency trading for select wealthy clients and tokenized solutions for corporations, CEO Sergio Ermotti announced during the bank's earnings call.

Feb 4, 2026

Business

BetMGM Delivers Record $2.8B Revenue, Begins Payouts to MGM and Entain as JV Turns Profitable

The sports betting and iGaming joint venture BetMGM reported a dramatic financial turnaround for fiscal 2025, posting $2.8 billion in revenue and $220 million in EBITDA. The company has initiated capital returns to its parent firms and forecasts further growth for 2026, setting the stage for increased distributions to shareholders like Entain.

Feb 4, 2026

Business

IAC Charts Post-AI Publishing Path as Digital Revenue Climbs, MGM Stake Grows

IAC closed a 'solid' year with digital revenue growth at its People Inc. division, even as core web traffic declines. Executives outlined a strategic pivot towards off-platform distribution and brand extensions to counter AI-driven search disruption, while increasing its stake in MGM and halting quarterly guidance.

Feb 4, 2026

Business

Rivian vs. Nio: Which EV Maker Holds the Edge in a Maturing Market?

As the electric vehicle sector moves beyond hype, investors are scrutinizing fundamentals. A comparative analysis of Rivian's strategic pivot and Nio's scale advantage reveals diverging paths in a competitive landscape.

Feb 4, 2026

Business

FuboTV Plunge: Reverse Split Sparks Selloff, But Analysts See Value in Oversold Territory

FuboTV shares tumbled over 20% following its reverse stock split announcement, pushing the stock into deeply oversold levels. Despite the market's negative reaction, underlying financial improvements and a strategic deal with Disney present a potential contrarian opportunity for investors.

Feb 4, 2026

Business

Super Micro Soars on AI Boom: Raises Full-Year Revenue Forecast to $40 Billion

Super Micro Computer's shares surged after the company posted a massive Q2 revenue beat and significantly raised its full-year guidance, fueled by exploding demand for its AI server solutions.

Feb 4, 2026

Cleveland Fed Taps Three Pittsburgh-Area Leaders for Regional Economic Insight

The Federal Reserve Bank of Cleveland has expanded its Southwest Pennsylvania/Northern West Virginia advisory council, adding three prominent local figures to better gauge regional economic conditions beyond traditional data.

Feb 4, 2026

Business

Evercore Caps Record Year with $3.9B Revenue, Eyes Sustained Momentum in 2026

Investment bank Evercore Inc. reported its strongest financial year on record for 2025, fueled by a global M&A rebound and diversified business lines. Executives express optimism for continued growth in 2026, citing robust backlogs and strategic investments in talent and technology.

Feb 4, 2026

Business

Transcat Beats Revenue Forecasts on Rental and Regulated Market Strength, Though Margins Face Headwinds

Transcat (TRNS) posted a 25.6% year-over-year revenue jump to $83.86 million in Q4 CY2025, surpassing analyst expectations. However, non-GAAP earnings of $0.26 per share fell short of estimates by 17.5%, reflecting near-term investments in growth.

Feb 4, 2026

Business

Retirement Readiness: Six Financial and Personal Milestones to Achieve Before You Leave the Workforce

As economic pressures mount, a secure retirement requires more than just savings. Experts outline the critical financial, legal, and lifestyle checkpoints every future retiree should meet to ensure a confident transition.

Feb 4, 2026

Business

The Automation Trap: Why Ramit Sethi's 'Set-and-Forget' Finance Strategy Demands a Second Look

Personal finance guru Ramit Sethi's core mantra—automate everything—has simplified money management for millions. But as economic uncertainty grows and financial lives become more complex, experts warn that pure automation without periodic review can lead to costly complacency.

Feb 4, 2026

Business

AI Demand Fuels Teradyne's Record Q4, Accounting for Over 60% of Revenue

Teradyne's semiconductor testing business surged in the latter half of 2025, driven by the explosive growth of AI data centers, with computing revenue jumping 90% year-over-year.

Feb 4, 2026

Business

Analyst Capitulates on MicroStrategy, Slashes Price Target Over 60% as Bitcoin's 'Identity Crisis' Deepens

Canaccord Genuity's Joseph Vafi dramatically cuts his MicroStrategy price target from $474 to $185, citing Bitcoin's failure to act as a safe haven and its heightened correlation with risk assets amid the prolonged crypto downturn.

Feb 4, 2026