Jumia Technologies

Business

AMD and GIGABYTE Forge Deeper Alliance, Bringing On-Device AI to Mainstream Gaming and Creator PCs

GIGABYTE is expanding its strategic partnership with AMD to launch a new generation of AI-enhanced gaming laptops, motherboards, and monitors. This collaboration integrates AMD's Ryzen AI and 3D V-Cache technologies directly into consumer hardware, aiming to deliver tangible benefits in gaming smoothness, system stability, and creative workflow acceleration.

Feb 2, 2026

Business

Analysts Bullish on Applied Materials as Chip Spending Surge Lifts Equipment Giant

Driven by a global wave of semiconductor investment, Applied Materials (AMAT) has received a series of analyst upgrades. Mizuho and Deutsche Bank are among those highlighting the company's strategic position to benefit from expansive fab construction in the U.S., Taiwan, and Japan, and its key role in next-generation chip technologies.

Feb 2, 2026

Business

Crystal International Unveils Smart Logistics Hub in China, Boosting Automation and Sustainability

The global apparel manufacturer is launching a state-of-the-art logistics center in China, featuring a fully automated closed-loop material flow system. The facility aims to slash fabric transfer times by up to 75%, optimize inventory, and advance the company's 2030 sustainability goals through solar power and waste-reduction technologies.

Jan 30, 2026

Business

Palantir Soars on Stellar U.S. Growth, Defying Broader Market Skepticism

The data analytics firm smashed fourth-quarter estimates, fueled by a near-doubling of its U.S. revenue. While bullish forecasts signal confidence in its AI-driven future, analysts point to persistent challenges in government contracting and investor relations.

Feb 2, 2026

Business

Uber, Nvidia, and Mercedes Forge Robotaxi Alliance, Spotlighting Uber's Data as a Strategic Asset

Uber's vast trove of real-world driving data has become the cornerstone of a new autonomous vehicle partnership with Nvidia and Mercedes-Benz, potentially reshaping its investment narrative.

Feb 2, 2026

Business

Palantir's Surveillance Tech Faces Scrutiny as Government Contracts Fuel Record Growth

Amid surging government revenue and public protests over its ICE contracts, Palantir CEO Alex Karp defends the company's controversial surveillance technology, framing it as a safeguard against state overreach rather than an enabler.

Feb 2, 2026

Business

Palantir Defies Tech Slump with Stellar Q4, Fueled by Surging U.S. Government and Commercial Contracts

The data analytics firm smashed Wall Street forecasts for the fourth quarter, reporting a 70% revenue surge to $1.4 billion, driven by explosive growth in its U.S. operations. Its bullish outlook for 2025 further signals resilience amid sector-wide anxieties.

Feb 2, 2026

Business

Analyst Backing and AI Tailwinds Lift Super Micro Computer Shares

Shares of Super Micro Computer (SMCI) advanced Thursday after Rosenblatt Securities reiterated its Buy rating, with investors eyeing potential benefits from NVIDIA's next-generation AI chips and easing supply constraints.

Feb 2, 2026

Business

Beyond Bargain Prices: How Chinese EV Quality is Redefining Global Competition

The narrative around Chinese electric vehicles is undergoing a fundamental shift. Once known primarily for affordability, leading Chinese automakers are now challenging incumbents with rapidly improving quality, technology, and reliability, forcing a global industry recalibration.

Feb 2, 2026

Business

iRhythm's Reset: Analysts Recalibrate Price Targets Amid Shifting Market Sentiment

A significant reset in analyst price targets for iRhythm Holdings (IRTC) is prompting investors to reassess the cardiac monitoring firm's risk-reward profile. This shift reflects evolving views on reimbursement headwinds, competitive pressures, and long-term growth catalysts in the digital health sector.

Feb 2, 2026

Business

Jim Cramer Backs Carrier Global, Advising Investors to 'Buy and Hold'

CNBC's Jim Cramer endorsed Carrier Global Corp. (NYSE:CARR) on his recent show, praising CEO Dave Gitlin's leadership and strategic acquisition. He recommended investors buy the stock for the long term, citing confidence in the company's positioning within the climate solutions sector.

Feb 2, 2026

Business

Cramer's Tesla Take: From EV Maker to Robotics Play, 'Call Me a Buyer'

CNBC's Jim Cramer expressed renewed bullishness on Tesla, shifting focus from its electric vehicle business to its ambitions in robotics and autonomous 'Cybercab' technology following the company's latest earnings call.

Feb 2, 2026

Business

Bed Bath & Beyond Doubles Down on Blockchain, Acquires Tokens.com to Build Tokenized Asset Platform

In a strategic pivot, Bed Bath & Beyond acquires Tokens.com, aiming to launch a platform for tokenizing real-world assets like real estate and securities, with shares rising on the news.

Feb 2, 2026

Business

Nufarm's Long-Term Shareholders Face Steep Losses Despite Recent Rebound

While Nufarm's share price has seen a modest 10% recovery in recent months, investors who bought three years ago are still sitting on heavy losses, with the stock down 60% over that period. The agricultural chemical company's declining revenue and lack of profitability continue to weigh on market sentiment.

Feb 2, 2026

Business

Visa Shares Climb on Strong Quarterly Results, Fueled by Consumer Spending and Digital Innovation

The payments giant reported a 15% jump in revenue, beating Wall Street estimates, as it positions itself to capitalize on emerging trends in stablecoins and AI-driven commerce.

Feb 2, 2026

Business

Devon and Coterra Forge $21.4 Billion Oil Giant in Houston, Accelerating Shale Consolidation

A landmark all-stock merger between Devon Energy and Coterra Energy will create a $58 billion powerhouse, positioning it as a top-tier producer in the prolific Permian Basin amid a wave of industry consolidation.

Feb 2, 2026

Trump Unveils $12 Billion 'Project Vault' to Secure Critical Minerals, Counter China's Supply Chain Stranglehold

The White House announces a major public-private initiative to stockpile rare earths and critical minerals, aiming to insulate U.S. defense and tech sectors from foreign supply shocks and geopolitical leverage.

Feb 2, 2026

Business

Delaware Supreme Court Slashes Tesla Legal Fee Award by $100M, Musk Hails Decision

The Delaware Supreme Court has dramatically reduced the legal fees awarded to attorneys in a shareholder lawsuit against Tesla's board, cutting the sum from $176.1 million to $70.9 million. The ruling, which cited an overvaluation of the settlement, prompted a pointed response from CEO Elon Musk.

Feb 2, 2026

Business

Palantir's AI Tools for ICE Tip Processing Emerge Ahead of Critical Earnings Report

A newly disclosed DHS document reveals Palantir is providing generative AI to U.S. Immigration and Customs Enforcement to sort and summarize enforcement tips, highlighting the firm's deepening government integration just days before its Q4 earnings release.

Feb 2, 2026

Business

PSEG Boosts Sustainability Credentials with High Recycling Rate, Adds Former PG&E CEO to Board

Public Service Enterprise Group (PEG) reports recycling more than 86% of its operational materials in 2024, as it strengthens its board with the appointment of former utility executive Geisha J. Williams, signaling a dual focus on environmental stewardship and governance.

Feb 2, 2026