Foundry Business

Business

Firm Capital Property Trust Posts 22% Total Return, Yet Trails Broader Market

Firm Capital Property Trust (TSE:FCD.UN) delivered a 22% total shareholder return over the past year, buoyed by dividends, despite a more modest share price gain and underlying earnings pressure. The performance highlights the complex dynamics between dividend yield, market sentiment, and fundamental business health in the current real estate investment trust (REIT) landscape.

Feb 2, 2026

Business

Linq Secures $20M Series A to Power AI Assistants Inside Everyday Messaging Apps

The startup, which pivoted from digital business cards, now provides the API infrastructure enabling AI companies to deploy chatbots directly within iMessage, RCS, and SMS, capitalizing on the shift away from traditional apps.

Feb 2, 2026

Business

Fidelity, Broadcom Reach Settlement in Critical Software Access Dispute

Fidelity Investments and Broadcom have settled a legal dispute that threatened Fidelity's access to business-critical software, averting a potential operational crisis. The agreement, reached just before a key court hearing, ensures continued service for a Fidelity subsidiary.

Feb 2, 2026

Business

Ford Shifts Gears: New 'Ford Energy' Unit Aims to Power Grids, Reshape Investor Outlook

Ford Motor Company launches a dedicated energy storage business, Ford Energy, appointing Lisa Drake to lead the charge into the rapidly growing battery storage market, signaling a strategic expansion beyond vehicle manufacturing.

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

Beyond Nvidia: Why Broadcom's Custom AI Chip Strategy Is Gaining Serious Investor Attention

As the AI arms race intensifies, Broadcom (AVGO) is emerging as a formidable challenger to Nvidia's dominance, fueled by a surging custom chip business and a compelling growth narrative that's catching Wall Street's eye.

Feb 2, 2026

Business

Giverny Capital Exits Credit Acceptance as Market Focus Shifts to AI

Investment firm Giverny Capital has sold its position in auto-finance provider Credit Acceptance Corporation, citing a challenging market environment dominated by AI hype and large-cap tech outperformance. The move highlights a broader divergence between fundamental business performance and current investor sentiment.

Feb 2, 2026

Business

Arctic Vision Bolsters Global Eye Care Ambitions with Strategic Acquisition of MDCO's Device Unit

Chinese biotech firm Arctic Vision moves to create an integrated ophthalmology powerhouse by acquiring MDCO Technology's device business, combining drug and device expertise to address unmet needs in eye care.

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

Business

Disney's Q1 Earnings: Theme Parks and Streaming Drive Revenue Growth, But Linear TV Weakness Weighs on Profits

The Walt Disney Company reported a 5% rise in fiscal first-quarter revenue to $26 billion, fueled by its theme parks and streaming services. However, operating profit fell 9% as challenges in its traditional TV business and rising costs offset gains.

Feb 2, 2026

Business

Wall Street's High-Conviction Picks: Two Stocks With Strong Fundamentals, One to Approach With Caution

While analyst price targets often paint a rosy picture, a deeper look reveals which recommendations are backed by solid business trends and which may be overly optimistic. We examine one fintech disruptor and one industrial stalwart favored by the Street, alongside a retailer facing significant headwinds.

Feb 2, 2026

Business

Three Russell 2000 Stocks Investors Should Approach With Caution

While the Russell 2000 index is a hunting ground for high-growth potential, its smaller constituents often carry heightened risks. We examine three specific stocks where valuation concerns and business headwinds suggest investors might want to look elsewhere.

Feb 2, 2026

Business

ServiceNow Doubles Down on Practical AI Integration Amid Market Scrutiny

ServiceNow accelerates its push into real-world AI automation, expanding key partnerships and retooling its global partner ecosystem to embed AI agents directly into enterprise workflows, as the company seeks to translate AI investment into tangible business value under investor pressure.

Feb 2, 2026

Business

AutoNation Slashes 3,500 Jobs in Permanent Restructuring, Signaling Deeper Cost-Cutting Drive

AutoNation's move to permanently eliminate 3,500 positions marks a decisive shift in its operational strategy, raising critical questions for investors about cost efficiency, debt sustainability, and the long-term resilience of the auto retail business model.

Feb 2, 2026

Business

GXO Logistics to Shutter Romeoville Facility, Cutting 32 Jobs in Spring Restructuring

Global logistics firm GXO will close its Romeoville, Illinois plant this April, citing evolving business needs. The move, announced under state WARN Act requirements, eliminates 32 positions, though the company says affected workers may apply for roles at other sites.

Feb 2, 2026

Business

The Vanishing Numbers: How America's Fraying Economic Data Infrastructure Threatens Jobs and Stability

A quiet crisis is eroding the foundation of U.S. economic decision-making. As key federal data agencies face budget cuts, political pressure, and operational challenges, the resulting information gap could leave policymakers and businesses 'flying blind,' increasing the risks of policy missteps, deeper recessions, and prolonged unemployment.

Feb 2, 2026

Business

NewRiver REIT Reports Robust Q3, Citing Strong Consumer Demand and Portfolio Momentum

UK retail property specialist NewRiver REIT signals a resilient operational performance in its third quarter, driven by sustained consumer spending and strategic capital recycling, while navigating business rate changes.

Feb 2, 2026

Business

Advantest Posts Record Quarterly Earnings on AI Boom, Announces Major Capital Restructuring

The semiconductor testing equipment leader capitalizes on surging AI chip demand to deliver historic Q3 results, while unveiling a significant treasury share cancellation and business segment reorganization aimed at enhancing shareholder value and operational focus.

Feb 2, 2026

Business

Alphabet's AI Momentum and Cloud Surge Fuel Optimism Ahead of Q4 Earnings

With its core search business resilient, cloud division soaring, and new AI deals like the Apple partnership taking shape, Alphabet enters its February 4 earnings report on a strong note, though regulatory and valuation concerns linger.

Feb 2, 2026

Business

Bitmine Immersion Technologies: A Deep Value Play or Value Trap?

Shares of Bitmine Immersion Technologies (BMNR) have tumbled nearly 10% this week, extending a volatile trend. Trading at a significant discount to peers on a price-to-book basis, the crypto-linked firm presents a conundrum: is its low valuation a buying opportunity, or a red flag for its loss-making business model?

Feb 2, 2026