Mining Industry

Business

Costco's Soaring Stock: Is the Retail Giant's Lofty Valuation Justified After Years of Gains?

Costco Wholesale's shares have delivered stellar multi-year returns, but a deep dive into valuation metrics suggests investors may now be paying a premium. With a P/E ratio far exceeding industry norms and a discounted cash flow model pointing to overvaluation, we examine whether the stock's price has run ahead of its fundamentals.

Feb 3, 2026

Business

Analyst Warns of Potential $50-$100 Price Increase for Nintendo Switch 2 by 2026

Industry experts suggest global economic pressures and component costs could lead to a significant price adjustment for Nintendo's flagship console in the coming years, following similar moves by competitors.

Feb 3, 2026

Business

Starbird Taps Former BJ's Restaurants CEO Greg Levin to Lead National Expansion Charge

The fast-casual chicken chain appoints industry veteran Greg Levin as its new CEO, leveraging his two-decade track record of scaling BJ's Restaurants to fuel its own coast-to-coast growth ambitions.

Feb 3, 2026

Business

Tesla's Energy Storage Soars to Record High as EV Sales Cool, Signaling Strategic Pivot

While Tesla's electric vehicle deliveries dipped in Q4 2025, its energy storage business shattered records, deploying 14.2 GWh. CEO Elon Musk declares energy as the company's future growth engine, even as solar faces industry headwinds.

Feb 3, 2026

Business

EA Bets Big on AI: Inside the Gaming Giant's Strategic Alliance with Stability AI

Electronic Arts has forged a multi-year partnership with Stability AI, securing a strategic stake in the James Cameron-backed firm. The deal aims to develop bespoke AI tools for game creation, even as industry fears over job displacement loom large.

Feb 3, 2026

Business

BlackRock in Talks to Acquire Utility Giant AES, Signaling Major Infrastructure Push

BlackRock, through its Global Infrastructure Partners, is reportedly exploring a deal to acquire utility group AES Corp. The potential acquisition would mark a significant expansion of the asset manager's footprint in regulated, real assets and underscores a broader industry shift toward essential infrastructure investments.

Feb 3, 2026

Business

Avino's High-Grade Drill Results at La Preciosa Spark Mine Plan Rethink

Avino Silver & Gold Mines' successful 2025 drilling campaign at its La Preciosa project in Durango, Mexico, has delivered intercepts exceeding resource model expectations, prompting a reassessment of underground mining methods to enhance project economics.

Feb 3, 2026

World

U.S. Poised to Expand Venezuelan Oil Licenses, Tightening Grip on Post-Maduro Energy Sector

Following a decisive military intervention, the United States is moving to further ease sanctions on Venezuela's oil industry, aiming to attract major investments while asserting unprecedented control over the nation's primary revenue source.

Feb 3, 2026

World

Hapag-Lloyd and Maersk Resume Red Sea Transits Under Naval Escort, Signaling Cautious Return to Critical Trade Artery

In a significant shift for global shipping, Germany's Hapag-Lloyd, in partnership with Maersk, will resume Red Sea and Suez Canal transits from mid-February under naval protection, ending a two-year diversion prompted by Houthi attacks. The move tests the waters for a broader industry return to the vital corridor.

Feb 3, 2026

Business

Galaxy Digital Executive Casts Doubt on Viability of Bitcoin Treasury Firms

In a candid industry discussion, Galaxy Digital's Zac Prince and host Scott Melker scrutinize the business model of companies built around holding Bitcoin on their balance sheets, suggesting the trend may be losing steam as market focus shifts back to fundamentals.

Feb 3, 2026

Business

Gartner's Weak Quarter Sparks Sector-Wide Selloff: IT Services Stocks Tumble

A disappointing earnings report from industry bellwether Gartner triggered a sharp selloff across the IT services and consulting sector on Thursday, dragging down shares of major players and fueling concerns over a broader growth slowdown.

Feb 3, 2026

Business

Gartner's Weak Quarter Sparks Sell-Off: IT Services Stocks Tumble as AI Uncertainty Looms

Shares of major IT services and consulting firms, including Accenture, IBM, and Equifax, fell sharply Thursday after a disappointing earnings report from industry bellwether Gartner reignited fears of a sector-wide slowdown and structural challenges posed by AI.

Feb 3, 2026

Business

Gartner's Weak Quarter Sparks IT Services Selloff, Dragging Down EXL and TransUnion

Disappointing Q4 results from industry bellwether Gartner triggered a broad market selloff in the IT services and consulting sector, with shares of EXL and TransUnion among the notable decliners as investors reassess growth prospects.

Feb 3, 2026

Business

The Family Behind the Waffle House Empire: How a Breakfast Icon Stays Private and Personal

Beyond its round-the-clock service and status as an informal disaster barometer, Waffle House remains a fiercely private, family-run empire. We trace its ownership from a 1955 Atlanta suburb to the present day, examining how the Rogers family maintains control and culture in a fast-food world.

Feb 3, 2026

Business

The $20,000 Question: Is Your Financial Advisor's 1% Fee Draining Your $2 Million Portfolio?

A 1% annual fee on a $2 million portfolio is industry standard, but investors are waking up to the staggering long-term cost. We break down the math, the services you should expect, and the alternatives for high-net-worth individuals.

Feb 3, 2026

Business

Davos Clash Exposes Banking's Crypto Rift: Coinbase CEO and JPMorgan's Dimon Spar Over Regulation and the Future of Finance

A tense exchange at the World Economic Forum between Coinbase's Brian Armstrong and JPMorgan Chase's Jamie Dimon has laid bare the deepening conflict between traditional finance and the crypto industry. The core dispute revolves around stablecoin yields, regulatory oversight, and who gets to control the next evolution of the financial system.

Feb 3, 2026

White House Crypto Talks End in Deadlock, Leaving Landmark Legislation in Limbo

A high-stakes White House meeting between banking and cryptocurrency industry leaders failed to break a months-long impasse over key digital asset legislation, leaving the future of the proposed Clarity Act uncertain and exposing deep-seated regulatory divisions.

Feb 3, 2026

Business

Dutch Regulators Launch Probe Into Roblox, Scrutinizing Child Safety Practices

Dutch authorities have initiated a formal investigation into Roblox (NYSE:RBLX), examining potential risks to underage users and the platform's compliance with the EU's Digital Services Act. The probe, focusing on exposure to violent and sexual content, amplifies existing legal pressures from recent U.S. lawsuits and places the company's core safety and moderation systems under unprecedented regulatory glare.

Feb 3, 2026

Business

Veho's 'FlexSave' Aims to Redefine E-commerce Delivery with AI-Powered, Cost-First Model

The parcel carrier Veho is launching a novel service that allows online retailers to slash shipping costs by opting for flexible delivery windows, challenging the industry's rigid speed paradigm and offering a new tool in the fight against rising last-mile expenses.

Feb 3, 2026

White House Crypto Talks End in Deadlock, Leaving Landmark Legislation in Limbo

A high-stakes White House meeting between banking and cryptocurrency industry leaders concluded without a breakthrough, failing to bridge a critical divide over stablecoin rewards that has stalled a major market structure bill for months.

Feb 3, 2026