Formula 1

Business

Giverny Capital Exits Longtime Stake in CarMax, Shifts Focus Amid Market's AI Frenzy

Investment firm Giverny Capital has sold its entire position in used-car retailer CarMax, a holding of several years, as detailed in its Q4 2025 investor letter. The move highlights a strategic pivot away from traditional retail plays towards perceived higher-growth opportunities in technology, even as the firm's portfolio underperformed major indices last quarter.

Jan 30, 2026

Business

Enphase Energy Announces Restructuring and New Storage Partnership Amid Investor Scrutiny

Enphase Energy unveils a strategic restructuring involving workforce reductions and a new home battery partnership, as the solar technology firm navigates a challenging market and mixed investor returns.

Jan 30, 2026

Business

Diageo Considers Exiting Indian Cricket, Weighs Sale of Royal Challengers Bengaluru IPL Franchise

Global spirits giant Diageo is exploring a sale of its high-profile Indian Premier League cricket franchise, Royal Challengers Bengaluru, as part of a strategic review of its Indian assets. Major private equity firms are circling, signaling strong interest in one of sports' most valuable properties.

Jan 30, 2026

Business

Salesforce Secures Major Army AI Contract, Launches Wildfire Tech Venture in Strategic Pivot

Salesforce expands beyond its CRM roots with a landmark $5.6 billion U.S. Army deal and a new joint venture, EMBERPOINT LLC, aiming to apply its AI and cloud platforms to national defense and wildfire response, signaling a major shift into mission-critical public sector infrastructure.

Jan 30, 2026

Business

Western Digital Rides AI Data Surge to Record Quarter, Forecasts Strong Growth Ahead

Fueled by insatiable demand for high-capacity storage from hyperscalers and the AI inference boom, Western Digital posts a 25% revenue jump and raises guidance, signaling a structural shift in the data economy.

Jan 30, 2026

Business

Giverny Capital Exits Align Technology, Citing AI Stock Shift and Market Dynamics

Investment firm Giverny Capital Asset Management has sold its position in Align Technology (ALGN), revealing a strategic pivot towards AI-focused equities amid a challenging year where its portfolio lagged the broader market.

Jan 30, 2026

Business

Why Gloomy Consumers Could Signal a Bullish Run for U.S. Stocks

Historical data reveals a counterintuitive trend: periods of extreme pessimism in consumer sentiment have often preceded strong stock market gains, aligning with Warren Buffett's famed contrarian advice.

Jan 30, 2026

Business

Trump Taps Kevin Warsh for Fed Chair, Banking on a Traditionalist for an Unconventional Economic Moment

President Donald Trump announces his intent to nominate former Fed Governor Kevin Warsh to lead the central bank, seeking a policy shift aligned with his economic vision amid debates over inflation and the Fed's independence.

Jan 30, 2026

Business

Royal Baby Shoe Maker Early Days Faces Closure After 73 Years, Citing Economic Squeeze

The Leicester-based manufacturer behind the iconic baby shoes worn by Prince George and his siblings warns it is likely to shut down, a victim of soaring costs and plummeting consumer demand despite its royal endorsement.

Jan 30, 2026

Business

Alphabet Powers Giverny Capital's 2025 Gains, But Fund Lags Behind S&P 500

Despite a 4.7% portfolio contribution from Alphabet (GOOG), Giverny Capital Asset Management's 2025 returns trailed the broader market, highlighting the challenges of a strategy focused on niche leaders amid a tech-dominated rally.

Jan 30, 2026

Business

Beyond the Family Home: How the Wealthy Actually Allocate Their Real Estate Investments

While homeownership is a common goal, the investment strategies of the affluent reveal a more nuanced picture. Analysis of wealth tiers shows real estate plays a varying, and often shrinking, role as net worth climbs into the millions.

Jan 30, 2026

Business

Thomson Reuters Doubles Down on AI as CIBC Maintains Bullish Stance Despite Price Target Trim

CIBC reaffirms its Outperform rating on Thomson Reuters (TRI) as the information giant accelerates its strategic push into AI-driven compliance and legal tools, launching new products in the US and UK markets.

Jan 30, 2026

Business

Analysts Bullish on Zscaler's Cybersecurity Dominance, Citing High Client Switching Costs as Key Moat

Citizens and Mizuho reaffirm positive ratings for Zscaler, highlighting its formidable competitive advantages rooted in complex implementation and high switching costs that lock in enterprise clients.

Jan 30, 2026

Business

Analyst Cuts Atlassian Target, Cites AI Growth Concerns Amid 'Constructive' Business Signals

TD Cowen lowered its price target on Atlassian (TEAM) ahead of earnings, highlighting strong fundamentals in service management and cloud migration but flagging weak traction in AI as a key medium-term overhang for the stock.

Jan 30, 2026

Business

Workday's AI Ambitions Face Critical Test as 2026 Looms, Analysts Say

Goldman Sachs initiates coverage on Workday with a Neutral rating, citing a crowded core market and a slower-than-expected AI strategy rollout. The firm identifies 2026 as a pivotal year for the HR and finance software giant to prove its technological evolution.

Jan 30, 2026

Business

Datadog Signals Preference for Organic Growth, Downplays Major Acquisition Ambitions

Analysts at Bernstein reaffirm an Outperform rating for Datadog, noting the company's strategic focus appears to be on internal development and smaller tech tuck-ins rather than pursuing large-scale deals like a potential GitLab acquisition.

Jan 30, 2026

World

IAEA Holds Emergency Session as Ukraine Nuclear Safety Fears Mount

The UN atomic watchdog's board convened an extraordinary meeting amid heightened alarm over the safety of Ukraine's nuclear facilities following sustained attacks on the country's energy infrastructure, with the agency's chief warning of the world's gravest nuclear risk.

Jan 30, 2026

World

Internal Rifts and Emigration Threaten Israel's Long-Term Stability, Analysts Warn

A combination of deep political polarization, economic pressures, and a growing brain drain is challenging Israel's viability as a secure and prosperous state, according to experts within and outside the country.

Jan 30, 2026

World

Islamic State Claims Responsibility for Coordinated Assault on Niamey Airport

The Islamic State group has claimed a surprise attack on the international airport in Niger's capital, Niamey, causing material damage and wounding soldiers, according to a monitoring group. The assault marks the latest in a series of high-profile strikes by the jihadist network in the Sahel nation.

Jan 30, 2026

Business

TD Cowen Initiates Coverage on Constellation Energy with Buy Rating, Sees Upside to $440 on Calpine Synergies

TD Cowen has launched coverage of Constellation Energy (CEG) with an optimistic Buy rating and a $440 price target, highlighting strategic benefits from its recent Calpine acquisition and a favorable outlook for power market dynamics through 2026.

Jan 30, 2026