IT Distribution

Business

Disney's New Era: Josh D’Amaro Named CEO, Dana Walden Appointed President in Leadership Overhaul

The Walt Disney Company has named Josh D’Amaro as its next Chief Executive Officer and Dana Walden as President and Chief Creative Officer, finalizing a long-awaited succession plan. The moves, effective March 18, position two seasoned insiders to lead the media giant into its next chapter as Bob Iger transitions to a senior advisory role.

Feb 3, 2026

Business

Washington's Gold Rush May Be Crypto's Gain, Says Fundstrat's Tom Lee

As historic rallies in gold and silver, fueled by Washington policy, show signs of fatigue, analysts like Tom Lee see a potential rotation of capital back into Bitcoin and Ethereum, setting the stage for a crypto rebound.

Feb 3, 2026

Business

Whole Foods Phases Out Palm-Scan Payments Nationwide After Low Customer Adoption

Amazon is removing its biometric palm payment scanners from all Whole Foods stores by early June, citing limited customer use. The company will delete all stored customer data associated with the service.

Feb 3, 2026

World

Prysmian Lands £2 Billion Deal to Power UK's Green Energy Superhighway

The Italian cable giant has been awarded a major contract to supply over 640km of subsea and underground HVDC cables for the Eastern Green Link 4, a critical infrastructure project set to channel renewable power from Scotland to England by 2033.

Feb 3, 2026

Business

Saudi Arabia Intensifies Global Investor Outreach to Fuel Economic Transformation

Facing domestic funding pressures, Saudi Arabia is ramping up efforts to attract foreign capital through debt markets, equity reforms, and FDI, positioning itself as a top EM dollar debtor.

Feb 3, 2026

Business

Baron Discovery Fund Bets on Medical Aesthetics, Highlights Establishment Labs as Top Performer

In its Q4 2025 letter, Baron Discovery Fund pointed to medical technology firm Establishment Labs Holdings (ESTA) as a key contributor, despite the fund's slight underperformance against its benchmark. The fund remains optimistic about a high-growth, low-inflation environment in 2026.

Feb 3, 2026

Business

Disney Turns Page: Josh D’Amaro Named CEO, Succeeding Bob Iger After Tumultuous Final Chapter

The Walt Disney Company announces Josh D’Amaro, a 28-year veteran and architect of its parks expansion, as its new Chief Executive Officer, bringing Bob Iger's storied and complex tenure to a close.

Feb 3, 2026

Business

Steady Hand in Turbulent Times: How Illinois Tool Works Sustains 62 Years of Dividend Growth

Amid economic uncertainty, Illinois Tool Works (ITW) stands out not just as a Dividend Aristocrat, but as a case study in operational discipline. We examine the century-old manufacturer's strategy for maintaining its legendary payout through multiple business cycles.

Feb 3, 2026

Business

Bloom Energy Soars on $2.65 Billion Power Deal, Fueling AI Infrastructure Boom

Bloom Energy's stock surged nearly 75% in January, propelled by a landmark agreement with American Electric Power and soaring demand from the data center sector.

Feb 3, 2026

Business

Hensoldt's Steady Growth and Modest Leadership Pay Draw Investor Attention

Amid a market often captivated by speculative tech stories, German defense specialist Hensoldt (ETR:HAG) presents a case for steady, profitable growth. With rising earnings, robust revenue, and a CEO compensation package notably below industry peers, the company is earning a spot on value-focused watchlists.

Feb 3, 2026

World

U.S. and India Forge Surprise Trade Pact, Easing Tensions and Cutting Tariffs

In a move that resets strained bilateral relations, the U.S. and India announced a preliminary trade agreement. The deal lowers U.S. tariffs on Indian goods and scraps punitive duties linked to Russian oil, though key details on purchase commitments remain unconfirmed.

Feb 3, 2026

Business

AI vs. Economists: How ChatGPT and Claude See Inflation Unfolding Through 2026

As generative AI tools become go-to sources for financial queries, GOBankingRates put their forecasting skills to the test. We compare their inflation predictions with expert analysis to see where the algorithms align with reality—and where they miss crucial context.

Feb 3, 2026

Business

Disney Taps Parks Chief Josh D'Amaro as Successor to Bob Iger, Ending CEO Search

The Walt Disney Company has ended months of speculation by naming Josh D'Amaro, the architect behind its record-breaking parks business, as its next Chief Executive Officer, effective in March. The move solidifies a leadership transition plan as the media giant navigates a pivotal era.

Feb 3, 2026

Business

General Dynamics Sees Broad Demand Uptick, But Cautious Outlook Tempers Wall Street Enthusiasm

UBS raises its price target on the defense and aerospace giant following strong quarterly results, citing improving demand across its Gulfstream, Combat, and Marine units. However, below-consensus guidance and margin pressures keep the firm's rating at Neutral.

Feb 3, 2026

Business

Baron Discovery Fund Bets on Waste Management, Adds Casella Waste Systems to Portfolio

In its Q4 2025 letter, Baron Discovery Fund outlined its strategy and a new position in Casella Waste Systems (CWST), highlighting the waste management firm's resilience and growth in a challenging market for momentum-driven stocks.

Feb 3, 2026

The 'Golden Handcuffs' of Homeownership: Couple Trapped by Historic Low Mortgage Rate

A Cincinnati couple who secured a 2.75% mortgage in 2020 now find their 'dream home' ill-suited for their evolving life, embodying a nationwide dilemma as soaring rates create financial paralysis for would-be movers.

Feb 3, 2026

Business

Wall Street Rebounds as Analysts Eye Key Upgrades: Adobe, Disney, Exxon in Focus

U.S. stock futures climbed Tuesday following a broad market rally, as investors shrugged off volatility in cryptocurrencies and commodities. Wall Street analysts issued a flurry of research calls on major companies, setting the tone for February trading.

Feb 3, 2026

Business

Norfolk Southern Secures $7.7 Billion in Industrial Investments for 2025, Defying Broader Economic Headwinds

Despite a year of mixed economic signals, Norfolk Southern announced its customers advanced over 60 major industrial projects in 2025, representing $7.7 billion in new investment for rail-served facilities and underscoring long-term confidence in strategic supply chain corridors.

Feb 3, 2026

Business

BD Announces Major Restructuring and $110M Expansion Amid Analyst Upgrade

Becton Dickinson (BD) sees its price target raised by Piper Sandler as the medtech giant prepares to overhaul its financial reporting structure and invests heavily in prefillable syringe production to meet booming demand for GLP-1 and biologic drugs.

Feb 3, 2026

Business

New Epstein Documents Detail Early Coinbase Investment, Raising Questions for Crypto's Establishment

Freshly released court files detail a $3 million investment in Coinbase's 2014 funding round linked to Jeffrey Epstein, adding another layer of complexity to the cryptocurrency industry's early financial history and its ties to controversial figures.

Feb 3, 2026