IT Distribution

Business

BellRing Navigates Intensifying Competition as CEO Announces Retirement

BellRing Brands reports a solid Q1 2026, beating expectations but narrows full-year sales guidance amid heightened promotional activity from insurgent brands in the protein shake market. CEO Darcy Horn Davenport announces her retirement, marking the end of a 17-year tenure that saw the company grow from $20 million to a $2.3 billion global business.

Feb 3, 2026

Business

Blumarine Enters New Era Under Exelite's Stewardship, With Milan Flagship and Global Ambitions

Italian entrepreneur Marco Marchi's Exelite Group has assumed full control of the Blumarine brand via a master license, marking a pivotal restructuring. The move sets the stage for a strategic expansion, beginning with a Milan Fashion Week show and a new flagship store, as creative director David Koma aims to elevate the label's global profile.

Feb 3, 2026

Business

FuboTV Posts Strong First Results as Combined Entity with Hulu Live, Charts Aggressive Growth Path

The newly merged streaming TV powerhouse reports its inaugural quarterly results, highlighting improved profitability, subscriber resilience amid content disputes, and ambitious integration plans with Disney's ecosystem.

Feb 3, 2026

Business

Regulatory Hurdles, Not Rival Bids, Pose Greatest Threat to Netflix's Warner Bros. Ambitions

As Netflix eyes a blockbuster acquisition of Warner Bros. Discovery, industry analysts warn that antitrust scrutiny, not competition from Paramount Skydance, presents the most formidable challenge to the deal's completion.

Feb 3, 2026

Business

Wilson Asset Management Bets $4.1 Million on SiteOne's Nationwide Reach in Fragmented $25B Landscaping Market

A recent SEC filing reveals Wilson Asset Management's new stake in SiteOne Landscape Supply, a strategic wager on the company's unrivaled scale and consolidation potential in a highly fragmented industry.

Feb 3, 2026

Business

Bitcoin Faces Pressure as Exchange Reserves Swell, Signaling Need for New Buyers

Bitcoin's recent pullback below $74,000 has exposed underlying market fragility. A significant surge in BTC transfers to major exchanges from whales, mid-term holders, and miners points to increased selling pressure, while on-chain and derivatives data suggest demand remains insufficient to absorb the liquidity.

Feb 3, 2026

Business

Marzetti Meets Q4 Revenue Forecasts, But Profit Misses Amid Mixed Segment Performance

The Marzetti Company reported fourth-quarter revenue in line with Wall Street expectations at $518 million, though earnings per share fell short. While its foodservice segment saw growth, retail sales softened, highlighting ongoing challenges for the specialty food maker.

Feb 3, 2026

Business

Keurig Dr Pepper Makes $18 Billion Play for Global Coffee Dominance with JDE Peet's Bid

Keurig Dr Pepper has launched an $18 billion all-cash offer to acquire Dutch coffee giant JDE Peet's, a move set to reshape the global beverage landscape and split KDP into two separate public companies.

Feb 3, 2026

Business

Deutsche Börse's 360T Joins Forces with Bitpanda, Paving a Regulated Path for European Crypto Adoption

In a strategic move to bridge traditional finance and digital assets, Deutsche Börse Group's 360T has partnered with Austrian crypto platform Bitpanda. The collaboration leverages Europe's new MiCA framework to offer institutional clients a compliant gateway into cryptocurrency trading and retail services.

Feb 3, 2026

US

French Authorities Raid X's Paris Offices in Escalating Probe Over AI-Generated Explicit Content

French cybercrime units, supported by Europol, conducted a search of X's Paris offices Tuesday as part of a criminal investigation into whether its Grok AI system was used to create and disseminate illegal material, including child sexual abuse imagery and Holocaust denial content.

Feb 3, 2026

US

House Moves to Avert Shutdown with Stopgap Funding Vote

The U.S. House of Representatives is scheduled to vote Tuesday on a critical spending package designed to end a partial government shutdown that began over the weekend, as lawmakers scramble to restore operations for affected agencies.

Feb 3, 2026

Business

AG Barr Doubles Down on Premium Drinks Market with Strategic Acquisitions of Fentimans and Frobishers

The maker of Irn-Bru has expanded its portfolio in the growing premium 'adult' soft drinks segment through the purchase of two UK-based beverage companies, signaling a strategic shift towards health-conscious and sophisticated consumers.

Feb 3, 2026

Business

Hess Midstream Enters New Era: Capital Discipline Fuels Shareholder Returns After Buildout Phase

With major infrastructure projects complete, Hess Midstream pivots to a capital-light strategy, prioritizing cash returns and debt reduction. Chevron's indirect stake adds a new dimension to the company's financial priorities.

Feb 3, 2026

Business

Cramer's Call: McKesson Earnings Often Trigger Stock Surge, But Political Headwinds Loom

CNBC's Jim Cramer has spotlighted healthcare distributor McKesson Corp., noting its history of post-earnings rallies. However, the 'Mad Money' host cautions that aggressive regulatory rhetoric from the White House could unsettle the entire sector.

Feb 3, 2026

Business

Texas Builds: Logistics Boom Accelerates with Port and Border Projects Fueling Supply Chain Expansion

A surge of industrial development across Texas, from Houston's port to the Mexican border, signals a strategic bet on long-term freight growth, with major projects setting the stage for 2026 and beyond.

Feb 3, 2026

World

French Authorities Escalate Probe into X, Summon Elon Musk for Questioning Over Algorithm and Content Violations

French prosecutors have expanded their investigation into Elon Musk's X platform, citing concerns over its AI chatbot Grok and alleging a range of serious violations. Musk has been summoned to appear before investigators in Paris this April.

Feb 3, 2026

Business

Radian Seals $1.67 Billion Acquisition of Lloyd's Insurer Inigo, Pivoting to Global Specialty Markets

U.S. insurer Radian Group has finalized its $1.67 billion cash acquisition of Lloyd's of London specialist Inigo, a strategic move that diversifies its business beyond mortgage insurance and is projected to significantly boost earnings and revenue.

Feb 3, 2026

Business

Manufacturing Roars Back as Bitcoin Stalls: Diverging Signals Spark Debate Over Crypto's Next Move

A surge in U.S. factory activity to its highest level since 2022 contrasts sharply with a multi-month slump in cryptocurrency trading volumes, leaving analysts divided on whether macroeconomic strength can reignite the digital asset bull run.

Feb 3, 2026

Business

Ashland Announces Quarterly Dividend Amid Questions Over Long-Term Payout Sustainability

Ashland Inc. (NYSE: ASH) has declared a $0.415 per share dividend payable March 15. While the yield sits at an attractive 2.7%, analysts are scrutinizing the payout's durability given the company's recent earnings trajectory and cash flow profile.

Feb 3, 2026

Business

GE Vernova Completes Full Acquisition of Prolec GE in $5.28 Billion Deal, Bolstering North American Grid Infrastructure

GE Vernova finalizes its takeover of the remaining 50% stake in the transformer manufacturing joint venture Prolec GE, integrating its operations and 10,000-strong workforce to meet rising grid demands across the Americas.

Feb 3, 2026