IT Services Sector

Business

CorVel Posts Steady Q3 Growth Amid Shifting Workers' Comp Landscape, Doubles Down on AI and Automation

CorVel Corporation reported modest revenue and earnings growth for its fiscal third quarter, attributing the pace to short-term operational factors. Management emphasized strategic investments in AI, a recent tech acquisition, and outlined how evolving trends in workplace injuries and healthcare costs are shaping opportunities in its core markets.

Feb 3, 2026

Business

Grainger Navigates Macro Headwinds, Posts Steady Growth in 2025; Eyes Strategic Investments for 2026

Despite a challenging economic landscape marked by tariff pressures and soft MRO demand, W.W. Grainger reported resilient 2025 results, achieving 4.9% organic sales growth and strategic progress. The industrial supplies leader is doubling down on technology, supply chain expansion, and customer experience to drive market share gains in the coming year.

Feb 3, 2026

World

Waymo Faces Senate Scrutiny Over Safety Incidents, Warns of Losing AV Race to China

Waymo executives are set to testify before a Senate committee, defending their autonomous vehicles' safety record amid federal probes. The company will also urge lawmakers to pass supportive legislation, framing the competition with Chinese AV firms as a critical battle for technological and economic supremacy.

Feb 3, 2026

US

Ex-Husband of First Lady Jill Biden Charged with Murder in Death of His Wife

Bill Stevenson, the former spouse of Dr. Jill Biden, faces a first-degree murder charge following the death of his wife Linda at their Delaware home in December, police said.

Feb 3, 2026

Business

Sweet Dreams Turn Sour: Cream Ice Cream Chain Seeks Chapter 11 Protection Amid Industry Headwinds

The parent company of popular West Coast chain Cream files for bankruptcy, highlighting the economic pressures squeezing dessert shops despite modest industry growth.

Feb 3, 2026

Business

VXUS vs. EEM: A Clash of Philosophies in International ETF Investing

Investors weighing broad international diversification against a concentrated bet on emerging markets face a critical choice between Vanguard's VXUS and iShares' EEM. We break down the performance, costs, and risks shaping this strategic decision.

Feb 3, 2026

Business

Spire Weathers Winter Storm, Posts Strong Q1 Earnings Amid Strategic Shift

Spire Inc. (SR) reported robust first-quarter earnings, crediting its natural gas utilities' performance during a historic winter storm and reaffirming its growth targets as it advances a major acquisition and portfolio simplification.

Feb 3, 2026

Business

Beyond Roses and Chocolates: Valentine's Day 2026 Poised to Test Consumer Resilience

As Valentine's Day approaches, economists are watching to see if the holiday's remarkable spending power—which hit a record $27.5 billion in the U.S. last year—can hold firm against economic headwinds, signaling broader trends in consumer confidence and retail health.

Feb 3, 2026

Business

India's Reform Surge: How Trade Pressure Sparked a Regulatory Revamp

Faced with stalled U.S. trade talks and high tariffs, India accelerated domestic reforms and sealed key trade pacts. TS Lombard's Shumita Sharma Deveshwar analyzes whether this momentum can translate into sustained investment.

Feb 3, 2026

Business

Palantir Soars on Blowout Earnings, Defying AI Slowdown Fears

Shares of the data analytics firm surged after it posted record revenue and issued ambitious 2026 guidance, signaling its AI platform is driving explosive commercial growth.

Feb 3, 2026

Business

Jim Cramer Stands Firm on AutoZone, Citing Strong Cash Flow and Management

CNBC's Jim Cramer reaffirmed his confidence in AutoZone (AZO) during a recent 'Mad Money' segment, addressing investor concerns by highlighting the auto parts retailer's robust cash generation and operational strength.

Feb 3, 2026

Business

Study: Optum's Acquisition of Surgery Centers Drives Up Prices, Adding Millions to Healthcare Costs

New research reveals that prices at ambulatory surgery centers acquired by Optum rose by an average of 11%, potentially adding over $67 million annually to costs in affected markets, fueling the debate on healthcare consolidation.

Feb 3, 2026

Business

Disney's New CEO Josh D'Amaro Chooses Park Proximity Over Hollywood Glamour

As Josh D'Amaro prepares to succeed Bob Iger on March 18, the incoming CEO's deliberate choice to live near Disneyland rather than in Los Angeles reflects a leadership style deeply embedded in the company's core experiences business, amid high expectations and scrutiny.

Feb 3, 2026

Business

Cimpress Shares Surge to 52-Week High Amid Strong Technical Momentum

Cimpress (CMPR) stock reached a new 52-week peak, buoyed by robust technical indicators and a perfect 'Buy' rating from Barchart. While analyst targets vary widely, the company's momentum and valuation in the printing and design sector are drawing investor attention.

Feb 3, 2026

World

Syrian Forces Enter Qamishli Under Landmark Deal, Marking Shift in Kurdish Autonomy

Syrian government security forces have entered the key northeastern city of Qamishli, implementing a recent agreement aimed at integrating Kurdish-led institutions into the state's fold and reshaping the balance of power in the region.

Feb 3, 2026

Business

NJR Raises Guidance After Winter Storm Performance, Outlines $5 Billion Growth Plan

New Jersey Resources (NJR) lifted its fiscal 2026 earnings forecast following strong performance during recent extreme cold weather, while detailing a five-year, $5 billion capital investment plan focused on utility reliability, storage expansion, and clean energy growth.

Feb 3, 2026

Business

PayPal Stock Plunges to Multi-Year Low Amid Weak Outlook and Leadership Shake-Up

PayPal shares plummeted over 18% after the company posted disappointing fourth-quarter results, issued a downbeat profit forecast, and announced Enrique Lores as its incoming CEO, replacing interim leadership.

Feb 3, 2026

Business

Acadia Healthcare at a Crossroads: CEO Return Meets Activist Investor Demands

Debra K. Osteen's return to the helm of Acadia Healthcare coincides with mounting pressure from activist investor Engine Capital for a strategic review, setting the stage for a pivotal period that could reshape the behavioral health giant's future.

Feb 3, 2026

Business

Darden Restaurants to Close 14 Bahama Breeze Locations, Rebrand 14 Others Amid Portfolio Shift

Darden Restaurants is winding down its Bahama Breeze brand, closing 14 locations and converting another 14 to other concepts within its portfolio, as the casual dining sector continues to face significant headwinds.

Feb 3, 2026

Business

U.S. Poised to Grant Broad License for Oil Production in Venezuela, Marking Major Sanctions Shift

The U.S. Treasury Department is finalizing a general license that would permit companies to resume pumping oil in Venezuela, a significant step in the administration's strategy to revive the country's crippled energy sector following the ouster of Nicolás Maduro.

Feb 3, 2026