Fair Value Analysis

Business

Nvidia CEO Jensen Huang Dismisses Threat of Custom AI Chips, Cites Unmatched Scale and R&D Firepower

Nvidia CEO Jensen Huang has robustly countered the narrative that custom AI chips from major cloud providers could displace the company's dominant GPUs. Speaking in Taipei, he argued that the immense scale of Nvidia's engineering investment and the complexity of its full-stack approach create a formidable barrier for competitors.

Feb 3, 2026

Business

AWS Chief Pours Cold Water on Orbital Data Center Dreams, Citing Immense Practical Hurdles

Amazon Web Services CEO Matt Garman has dismissed near-term prospects for space-based data centers, labeling the concept economically unviable despite growing interest from startups and figures like Jeff Bezos, as the AI boom intensifies the search for computing capacity.

Feb 3, 2026

Business

Simon Property Group Posts Robust Q4, Sees Silver Lining in Retail Turmoil Amid Tariff Headwinds

Despite broader retail sector challenges, Simon Property Group reports strong fourth-quarter earnings, driven by rising rents and active leasing. CEO David Simon outlines strategic opportunities arising from the Saks Global restructuring while flagging ongoing concerns over the impact of tariffs on mid-tier retailers.

Feb 3, 2026

Cosmoprof Miami 2024: Middle Eastern Scents and K-Beauty Innovation Define the Future of Beauty

Despite travel disruptions, Cosmoprof Miami's third edition emerged as a pivotal crossroads for global beauty, marked by a surge in Middle Eastern fragrance houses, sophisticated K-beauty, and wellness-driven formats.

Feb 3, 2026

US

Federal Bust Exposes $1M Fraud Ring: Stolen Identities Funded Restaurant and Pandemic Unemployment Scam

A federal indictment unsealed Tuesday details a multi-state scheme where four individuals allegedly used over 115 stolen identities to siphon more than $1 million in SNAP and pandemic unemployment benefits, funneling profits to a Massachusetts restaurant and overseas.

Feb 3, 2026

Business

American Financial Group Tops Q4 Revenue Forecasts, But Growth Concerns Linger

American Financial Group (AFG) reported fourth-quarter revenue that edged past Wall Street expectations, though its modest 1.8% year-over-year growth highlights a broader slowdown. While per-share earnings beat estimates, a key underwriting metric fell short, sending shares lower.

Feb 3, 2026

Business

Transcat Beats Revenue Forecasts but Profitability Concerns Linger in Q4

Transcat (NASDAQ: TRNS) reported Q4 CY2025 revenue of $83.86 million, a 25.6% year-over-year increase that surpassed Wall Street estimates. However, adjusted earnings per share of $0.26 fell short of analyst expectations, highlighting ongoing margin pressures for the measurement equipment distributor.

Feb 3, 2026

Business

AI Disruption Fears Deepen Software Selloff as Anthropic Unveils Enterprise Tools

U.S. software stocks extended losses Tuesday as investors grappled with the potential for new AI technologies to automate core business functions, threatening established revenue models across legal, sales, and marketing sectors.

Feb 3, 2026

Business

Footwear's Carbon Footprint Challenge: Cirql Claims Breakthrough with Recycled Midsole Materials

OrthoLite subsidiary Cirql releases data showing its recycled material formulas can cut the carbon footprint of midsoles by up to 39%, as the footwear industry faces mounting pressure to meet sustainability targets.

Feb 3, 2026

Business

Alberta's iGaming Market Opens for Business as PointsBet Joins Licensing Race

PointsBet's application for an Alberta sports betting license signals the start of a fierce customer acquisition battle, with major operators poised to enter Canada's newest competitive online gambling market.

Feb 3, 2026

Business

Enact Holdings Q4 Revenue Falls Short, But Profit Beats Expectations

Mortgage insurer Enact Holdings reported mixed fourth-quarter results for 2025, with revenue growth of 1.2% missing Wall Street estimates while adjusted earnings per share of $1.23 surpassed forecasts by nearly 12%.

Feb 3, 2026

Business

Trump's $12B 'Project Vault' Rare-Earths Reserve Creates Strategic Edge for GM, Stellantis, and Boeing

A new $12 billion federal initiative aims to secure U.S. access to critical minerals, with three industrial giants positioned as early beneficiaries in a move to counter China's market dominance.

Feb 3, 2026

World

U.S. Grants Venezuela Key License to Import Oil Diluents, Easing Sanctions Further

The U.S. Treasury has authorized the sale of critical diluents to Venezuela's oil industry, marking the second major sanctions relief step in recent weeks to help revive the country's crippled energy sector and facilitate exportable crude production.

Feb 3, 2026

World

Rebel Drone Strike Deep in Congo Hinterland Signals Escalation, M23 Leader Claims Air Superiority

The leader of the M23 rebel group has claimed responsibility for a drone attack on Kisangani's airport, marking a significant expansion of the conflict hundreds of kilometers from traditional front lines and challenging the Congolese military's control of the skies.

Feb 3, 2026

US

Florida Children Orphaned After Domestic Dispute Turns Deadly; Estranged Father Kills Mother, Then Himself

A 9-year-old and an 11-year-old in Bradford County are now in state care after a violent morning ended with both parents dead. The incident, stemming from an ongoing domestic violence case, unfolded after a disrupted 911 call.

Feb 3, 2026

Business

HP CEO Enrique Lores Steps Down, Triggering Leadership Scramble Amid Stock Slump

HP's CEO Enrique Lores has resigned effective immediately, with Bruce Broussard stepping in as interim leader. The surprise departure, as Lores moves to helm another major firm, throws HP's strategic direction into question and puts a spotlight on its prolonged stock underperformance.

Feb 3, 2026

Business

Unilever's Dual Moves: Cage-Free Egg Pledge Reversal Meets High-Octane F1 Sponsorship

Consumer goods giant Unilever faces scrutiny over its ESG commitments after quietly dropping a global cage-free egg pledge, even as its CLEAR haircare brand accelerates into Formula 1 with a high-profile Red Bull Racing partnership, highlighting the company's complex balancing act between ethical sourcing and global marketing.

Feb 3, 2026

Business

Planet Labs Director's $1.3M Stock Sale Coincides with Key Swedish Defense Contract

Planet Labs PBC faces a pivotal moment as a director's first major stock sale aligns with a new satellite imagery deal for Sweden's military, testing investor confidence in the Earth observation firm's valuation and strategic direction.

Feb 3, 2026

Business

Zegna's Steady Q4 Masks a Strategic Pivot as Full-Year Revenue Dips

Ermenegildo Zegna reports resilient fourth-quarter revenues of €591 million for 2025, yet a slight full-year decline to €1.92 billion signals a nuanced shift in the luxury group's trajectory amid leadership transition and evolving market demands.

Feb 3, 2026

Business

Walmart Breaks the Trillion-Dollar Barrier, Becoming First Traditional Retailer to Join Elite Club

Walmart's market capitalization surged past $1 trillion on Tuesday, propelled by strategic tech investments and its resilience amid economic uncertainty, marking a historic milestone for the retail industry.

Feb 3, 2026