OSI Systems

Business

Chicago's Metropolitan Capital Bank Collapses, Marking First U.S. Bank Failure of 2026

For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.

Feb 2, 2026

Business

Beyond the Headlines: Three Asian Small-Caps Drawing Investor Scrutiny

Amidst a complex macroeconomic backdrop, a select group of Asian small-cap stocks is capturing attention for their distinct value propositions and growth narratives. We examine China Feihe, Digital China Holdings, and Thai Beverage, assessing their financial health and strategic positioning in volatile markets.

Feb 2, 2026

Business

Saks OFF 5TH Shutters Majority of Stores in Strategic Pivot Following Bankruptcy

Saks Global is closing most of its Saks OFF 5TH off-price stores across the U.S., leaving only a dozen locations open as it refocuses on core luxury and full-price retail after a recent Chapter 11 filing.

Feb 2, 2026

Business

MercadoLibre Shares Climb 12% as Triasima Fund Trims $6.3 Million Stake

Despite strong performance from the Latin American e-commerce and fintech leader, investment manager Triasima reduced its position, highlighting portfolio discipline over bearish sentiment.

Feb 2, 2026

Business

West Palm Beach's CityPlace Undergoes Major Transformation, Aims to Become Regional Luxury and Innovation Hub

The massive CityPlace complex in West Palm Beach is undergoing a strategic repositioning, attracting high-end fashion brands, tech giants like ServiceNow, and culinary destinations like Eataly to redefine the city's downtown core and capitalize on migration trends.

Feb 2, 2026

Business

SAP's Cloud Slowdown Sparks Investor Jitters Over AI Transition and Growth Trajectory

SAP's latest quarterly earnings revealed a significant deceleration in its crucial cloud business growth, sending shares tumbling and raising fresh doubts about the enterprise software giant's positioning in an AI-dominated future.

Feb 2, 2026

Business

O'Reilly Automotive's Stellar Run: Is the Auto Parts Giant Now Overvalued?

O'Reilly Automotive shares have delivered impressive multi-year gains, but a deep dive into valuation metrics suggests the stock may now be trading at a significant premium. We analyze the numbers and what they mean for investors considering a position.

Feb 2, 2026

Business

CACI International's Stock Surge: Is the Defense Contractor Still Undervalued?

Shares of government IT specialist CACI International have climbed sharply in recent months, closing at $620.58 and prompting investors to reassess its valuation amid strong defense sector tailwinds. Analysts point to a potential fair value gap, but risks from budget and competitive pressures loom.

Feb 2, 2026

Business

Murphy USA's Valuation Crossroads: A 15% Rebound Sparks Debate on Fuel Retailer's True Worth

Shares of fuel and convenience retailer Murphy USA have surged 15% in three months, closing near $422.51, yet a mixed long-term performance and competing valuation models leave investors questioning if the rally has legs or if the stock is already fully priced.

Feb 2, 2026

Business

IonQ's Quantum Ambitions Face Market Reality Check: Is This Dip Worth Buying?

Despite a star-studded client list and explosive revenue growth, IonQ's towering valuation and the nascent state of quantum computing signal significant risk for investors eyeing the recent sell-off.

Feb 2, 2026

Business

Survey Reveals Lingering Cash Safety Fears Among CFOs, Despite Post-SVB Reforms

A new report finds corporate treasurers remain deeply concerned about deposit security, with most businesses holding funds far above FDIC insurance limits and vulnerable to operational shutdowns if a primary bank fails.

Feb 2, 2026

Business

Chicago's Metropolitan Capital Bank Fails, Marking Second Consecutive Year of Early U.S. Banking Collapse

For the second year running, a Chicago financial institution has become the nation's first bank failure. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC facilitated a swift takeover by Detroit's First Independence Bank, ensuring depositors are protected.

Feb 2, 2026

Business

Wall Street Gains Ground as Earnings Season Kicks into High Gear

Major U.S. stock indices advanced Monday, setting a positive tone for a week packed with corporate earnings reports from technology giants and other bellwethers. Investor sentiment remains cautiously optimistic as early results surpass expectations.

Feb 2, 2026

Business

Stanich Group Exits $5.6 Million ESG Bond ETF Stake, Signaling Strategic Shift

Investment firm Stanich Group has liquidated its entire position in the iShares ESG Aware USD Corporate Bond ETF (SUSC), a move analysts interpret as a reallocation towards equities amid shifting macroeconomic forecasts.

Feb 2, 2026

Business

Bitcoin's 'Extreme Fear' Plunge: Fourth Consecutive Monthly Drop Tests Key Support

Bitcoin has extended its losing streak to four months, its longest since 2018, as a macro-driven sell-off triggers a wave of liquidations and pushes market sentiment into 'extreme fear' territory. Analysts are now watching key technical levels to gauge if a floor is forming.

Feb 2, 2026

US

DOJ's 'Weaponization' Task Force Sees Leadership Shakeup as Key Trump Ally Ed Martin Exits Role

Ed Martin, a staunch Trump loyalist appointed to lead a Justice Department group scrutinizing prosecutors who investigated the former president, has been removed from that position, sources confirm. He remains in his separate role as Pardon Attorney.

Feb 2, 2026

Business

GE Vernova's Meteoric Rise: After Doubling in a Year, Is the Energy Spin-Off Still a Buy?

Shares of GE Vernova (GEV) have surged over 100% in the past year, closing near $726. As the energy transition play captivates the market, analysts are divided on whether its valuation still offers room to run or signals a peak.

Feb 2, 2026

Business

Arista Networks: AI Infrastructure Bet Delivers Stellar Returns, But Valuation Questions Loom

Giverny Capital hails Arista Networks as its top performer since inception, crediting its pivotal role in AI data center and cloud networking. As demand for AI capacity soars, Arista's strategic position with hyperscale clients fuels both impressive gains and a heated debate on whether its stock price has run too far, too fast.

Feb 2, 2026

World

IRS 'Where's My Refund' Tool Now Live for 2025 Filings, Offering Real-Time Tracking for 2026 Refunds

The Internal Revenue Service's free online tracker is now active for taxpayers who have filed their 2025 returns, providing daily updates on refund status and estimated deposit dates for 2026.

Feb 2, 2026

Business

Devon and Coterra Forge a Permian Powerhouse: Merger Creates Delaware Basin Giant

In a landmark consolidation move, Devon Energy and Coterra Energy have agreed to an all-stock merger, positioning the combined entity as a dominant force in the prolific Delaware Basin. The deal signals a strategic shift towards scale and capital efficiency in the U.S. shale sector.

Feb 2, 2026