EXE

Business

DraftKings' Growth Engine Slows: User Gains Stagnate, Margins Tighten

DraftKings Inc. is showing signs of strain as its once-explosive user growth decelerates and profitability metrics weaken, raising questions about the online sports betting giant's path to sustainable earnings. With the stock (NasdaqGS: DKNG) down sharply this year, investors are scrutinizing the cost of customer acquisition in an increasingly competitive and regulated market.

Feb 5, 2026

Business

Comfort Systems USA Joins S&P 500 Amid Leadership Transition and Dividend Boost

Comfort Systems USA (NYSE:FIX) enters the S&P 500 index, announces a future leadership change with Trent T. McKenna as incoming President and COO, and raises its dividend for the 13th consecutive year, signaling strength in its building systems business.

Feb 5, 2026

Business

Snap's Q4 Earnings Show Revenue Growth Amid User Decline, as Company Bets Big on Hardware Diversification

Snap Inc. reported a 10% year-over-year revenue increase to $1.7 billion in Q4, driven by subscription growth, even as daily active users dipped slightly. The company is accelerating its hardware ambitions with new AR glasses while navigating fierce social media competition.

Feb 5, 2026

Business

Kennametal Beats Estimates, Raises Outlook on Strong Pricing and Energy Sector Wins

Kennametal posts robust Q2 FY2026 results, exceeding sales and EPS forecasts. The industrial tooling leader cites strategic wins in energy and aerospace, effective pricing actions to counter soaring tungsten costs, and an upgraded full-year outlook as key drivers.

Feb 5, 2026

Business

Nike Under Federal Scrutiny: EEOC Probes Whether Diversity Initiatives Discriminated Against White Employees

The U.S. Equal Employment Opportunity Commission is formally investigating Nike Inc. over allegations that its diversity, equity, and inclusion programs may have unlawfully discriminated against white workers, escalating a legal and cultural battle over corporate DEI practices.

Feb 5, 2026

Business

BrightView's Transformation Fails to Impress as Shares Tumble on Weak Earnings

The commercial landscaping giant's latest quarterly results, featuring a widening net loss despite modest revenue growth, cast doubt on the efficacy of its ongoing 'One BrightView' strategic overhaul and sparked a sharp sell-off.

Feb 5, 2026

Business

Alphabet Posts Stellar Earnings, Bets Big on AI with Record $180bn Capex Plan

Google's parent company Alphabet shattered profit forecasts with a $34.5bn quarterly haul, fueled by a 48% cloud revenue surge, as it outlines aggressive plans to nearly double capital expenditures to dominate the AI infrastructure race.

Feb 5, 2026

Business

Nike Faces Federal Probe Over Allegations of Racial Bias Against White Employees

The U.S. Equal Employment Opportunity Commission is investigating claims that Nike engaged in discriminatory practices against white workers in hiring, promotions, and training programs, escalating a legal battle over corporate diversity initiatives.

Feb 5, 2026

Business

Fed Governor Lisa Cook Advocates Patience, Calls Current Policy Rate Only 'Mildly Restrictive'

Federal Reserve Governor Lisa Cook signaled a cautious stance on further rate cuts, stating the current policy setting is only mildly restrictive and that the Fed should wait to assess the impact of previous easing amid evolving labor market and inflation data.

Feb 5, 2026

US

Speaker Johnson Cites Biblical Authority in Defense of Border Security, Countering Papal Migration Stance

House Speaker Mike Johnson invoked Old and New Testament passages to assert that Scripture mandates civil authorities to enforce immigration laws and secure national borders, drawing a sharp distinction between individual charity and governmental duty.

Feb 5, 2026

Trump Declines to Intervene in High-Stakes Streaming Wars Battle Over Warner Bros.

Former President Donald Trump stated he will not involve himself in the contentious negotiations between Netflix, Paramount, and Skydance Media for Warner Bros. Discovery, leaving the matter to the Justice Department.

Feb 5, 2026

World

Ukraine Braces for Escalating Energy Crisis as Minister Warns of Prolonged Blackouts, Fresh Russian Strikes

Ukraine's energy minister has issued a stark warning that planned power outages could intensify in the coming days, citing significant generation shortfalls and the threat of new Russian aerial attacks targeting the nation's critical energy infrastructure.

Feb 5, 2026

Business

OpenAI's $100 Billion Nvidia Chip Deal Collapses, Signaling Broader AI Investment Jitters

A landmark agreement for AI computing power has unraveled, with OpenAI opting for rival suppliers and a scaled-back investment, raising questions about the sustainability of the industry's spending spree.

Feb 4, 2026

Business

Institutional Investors Bet Big on Canopy Growth Ahead of U.S. Cannabis Policy Shift

Major quantitative hedge funds and trading firms accumulated shares of Canopy Growth in Q3, positioning ahead of potential U.S. marijuana rescheduling. The stock's volatile reaction to recent policy news leaves the market questioning whether these 'smart money' players have held or sold their positions.

Feb 4, 2026

Business

Mercury Systems Posts Q2 Beat on Adjusted Earnings, But Record Backlog Tells a More Complex Story

Defense electronics contractor Mercury Systems (MRCY) surpassed analyst expectations with its Q2 2026 results, reporting adjusted EPS of $0.16. While a record $1.5 billion backlog signals strong demand, a deeper look reveals strategic revenue shifts and an ongoing focus on margin improvement as the company navigates its turnaround.

Feb 4, 2026

Business

AST SpaceMobile Secures U.S. Defense Contract as Key Satellite Launch Approaches

AST SpaceMobile (ASTS) has landed a contract with the U.S. Missile Defense Agency, marking a strategic pivot into the defense sector. The development coincides with the imminent launch of its BlueBird 7 satellite, a critical component of its direct-to-phone broadband constellation, positioning the company at the intersection of commercial telecom and government space communications.

Feb 4, 2026

Business

Cramer's Tesla Take: 'A Cybercab and Robot Company' Poised for Potential Breakout

CNBC's Jim Cramer reframes Tesla's investment thesis, arguing its future hinges on autonomous vehicles and robotics rather than traditional car manufacturing. While seeing potential for a major rally, he notes the catalyst for liftoff remains elusive.

Feb 4, 2026

Business

Cramer Touts Alphabet as Standout 'Magnificent Seven' Performer, Citing Unrelenting Momentum

CNBC's Jim Cramer singled out Alphabet Inc. (GOOGL) as a top-tier investment, praising its consistent performance and market-beating returns. He highlighted the tech giant's diversified strength across search, cloud, and AI as key drivers.

Feb 4, 2026

Business

Merck Shares Climb Despite Cautious Outlook, Drawing Cramer's Praise as a Pharma Favorite

Merck & Co. saw its stock rise over 2% following a solid quarterly earnings report, even as its full-year guidance came in softer than some expected. CNBC's Jim Cramer highlighted the pharmaceutical giant as a top pick in the sector, pointing to underlying strength beyond the headline numbers.

Feb 4, 2026

Business

Enact Holdings Doubles Down on Shareholder Returns with New $500M Buyback and Dividend

The private mortgage insurer announces a significant capital return initiative, including a fresh share repurchase authorization and a quarterly dividend, signaling strong operational confidence and a deepening commitment to shareholder value.

Feb 4, 2026