Powertrain Technology

Business

Beta Bionics Faces FDA Warning Letter, Assures No Impact on Product Pipeline or Financials

The medical device developer Beta Bionics has received a warning letter from the U.S. Food and Drug Administration, a regulatory action stemming from a facility inspection last summer. The company maintains the letter will not disrupt its operations, manufacturing, or the planned launch of its new insulin patch pump.

Feb 2, 2026

Business

Franklin Templeton Bets on Emerging Market Debt Surge with New ETF Launch

Franklin Templeton has launched the Templeton Emerging Markets Debt ETF (TEMD), aiming to give investors targeted exposure to both hard and local currency debt from developing economies, capitalizing on the asset class's recent strong performance.

Feb 2, 2026

Business

Analysts Trim MiMedx Targets Amid Regulatory Shifts in Wound Care Coverage

Craig-Hallum and Northland Securities have both lowered price targets for MiMedx Group (MDXG), citing near-term uncertainty following new CMS billing guidance for skin substitute products, though both firms maintain positive long-term ratings.

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

Fifth Third Completes Comerica Acquisition, Sets September Integration Date

Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding scheduled to begin after Labor Day. The deal reshapes Michigan's banking landscape and creates the nation's ninth-largest bank.

Feb 2, 2026

Beyond Coupons and Coffee: The Calculated Spending Habits of Frugal Baby Boomers

As inflation persists, Baby Boomers are leveraging decades of financial experience to cut costs strategically. We examine the key spending categories they avoid and the generational mindset behind their money choices.

Feb 2, 2026

Business

Behind the $500 Million Deal: Abu Dhabi Royal Family Acquires Major Stake in Trump-Linked Crypto Venture

A company linked to a key UAE national security adviser, Sheikh Tahnoon bin Zayed Al Nahyan, secured a 49% equity stake in World Liberty Financial, the Trump family's flagship crypto firm, just days before President Trump's 2025 inauguration. The investment raises fresh questions about the intersection of foreign capital, presidential family businesses, and U.S. policy.

Feb 2, 2026

Business

Deloitte Warns: Lack of Governance Threatens the Promise of Agentic AI

A new Deloitte report urges enterprises to embed accountability and oversight from the start, arguing that governance is not a barrier but an accelerator for scaling autonomous AI systems.

Feb 2, 2026

Business

Cramer Advises Caution on Rubrik: "Wait for the Shakeout"

CNBC's Jim Cramer offered a measured take on data security firm Rubrik (NYSE:RBRK), suggesting investors wait for market volatility to settle before considering a position, while highlighting the crowded nature of the sector.

Feb 2, 2026

Business

Jim Cramer Touts Rio Tinto as a 'Haven' Amid Global Uncertainty

CNBC's Jim Cramer reaffirmed his bullish stance on Rio Tinto, highlighting the mining giant's role as a strategic hedge against geopolitical and economic volatility during the show's Lightning Round.

Feb 2, 2026

Business

Jim Cramer Stands Firm on Palantir, Cites Strength Among Enterprise Software Peers

CNBC's Jim Cramer reaffirmed his bullish stance on Palantir Technologies during a recent 'Mad Money' segment, placing the data analytics firm in the same league as established giants like ServiceNow and Salesforce.

Feb 2, 2026

Business

Cramer Touts IBM as a Value Play in the AI Boom, Citing Strong Earnings and Room to Grow

CNBC's Jim Cramer highlighted International Business Machines Corp. (IBM) as a standout AI investment with a relatively modest valuation, following a robust quarterly report that sent shares soaring.

Feb 2, 2026

Business

Jim Cramer Hails Royal Caribbean's 2026 Outlook as 'Spectacular' Amid Cruise Industry Resurgence

CNBC's Jim Cramer spotlighted Royal Caribbean Cruises Ltd. (RCL) this week, praising its ambitious full-year 2026 forecast as the cruise line capitalizes on robust post-pandemic demand and operational efficiencies.

Feb 2, 2026

Business

North Carolina Crowned 'State of the Year' for Business, Marking Third Top Honor Since 2020

Business Facilities magazine has named North Carolina its 'State of the Year' for business climate and economic development, the state's third such win in six years, following a surge of multi-billion dollar investments from tech and manufacturing giants.

Feb 2, 2026

Business

The Squeeze on American Paychecks: Why Wages Are Losing the Race Against Inflation

Despite modest nominal gains, real wages for U.S. workers are failing to keep pace with the cost of living, with a majority reporting financial strain as structural economic shifts and technological efficiencies redirect gains away from paychecks.

Feb 2, 2026

US

Venezuela's Oil Heartland Weighs U.S.-Backed Reforms: A Gamble on Revival or Empty Promise?

In the oil-rich state of Zulia, PDVSA workers and pensioners view sweeping industry reforms, enacted after U.S. political intervention, with a volatile mix of fragile hope and deep-seated skepticism. While some anticipate long-awaited economic relief, others dismiss the changes as political theater unlikely to reverse decades of decline.

Feb 2, 2026

Business

The Accountability Gap: As Banking Decisions Accelerate, Governance Struggles to Keep Pace

The rapid adoption of algorithmic decision-making in UK banks has created a critical lag in oversight and accountability structures, leaving institutions exposed to risks that traditional governance models are ill-equipped to manage.

Feb 2, 2026

Business

Goldman Sachs Bets $75 Million on AI Audit Startup Fieldguide, Eyeing Professional Services Shift

Goldman Sachs' investment arm leads a major funding round in Fieldguide, an AI platform for auditors and accountants, signaling a strategic push into the automation of professional services and a potential new growth vector for the Wall Street giant.

Feb 2, 2026

Business

Analysts Revise Lucid Group Outlook: What the New Price Target Signals for EV Investors

Wall Street analysts have issued a revised price target for Lucid Group (LCID), reflecting updated assessments of the electric vehicle maker's execution risks, funding runway, and demand trajectory. The shift underscores the evolving narrative around the company's ability to scale amid intense competition and macroeconomic headwinds.

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