REC Silicon

Business

SunPower Installs First REC Monolith Panels in Silicon Valley, Signaling Strong Demand for Premium Solar Tech

SunPower has completed its inaugural installation of high-efficiency Monolith solar panels from REC Silicon in California's Santa Cruz, with local installer Cobalt Power Systems reporting immediate sell-out of initial inventory. The move comes amid surging demand from tech-savvy homeowners and follows SunPower's recent quarterly revenue growth.

Jan 30, 2026

Business

Super Bowl LX Sparks Frenzy: Silicon Valley Mansions Command Up to $500K for Week-Long Stays

With luxury hotels fully booked, affluent Super Bowl attendees are turning to off-market mega-mansions in the Bay Area, driving last-minute rental prices to unprecedented heights of up to half a million dollars for a single week.

Feb 2, 2026

Business

Apple Soars to Record Q1 Revenue on iPhone 17 Surge, Navigates Supply Headwinds

Apple's fiscal first-quarter earnings shattered expectations with $143.8 billion in revenue, fueled by unprecedented demand for the iPhone 17 in Greater China. While services hit new highs, the company flags memory cost pressures and supply constraints for the coming quarter.

Jan 30, 2026

Business

TSMC Shares Soar to Record Peak Amid AI Boom, Fueling Investor Debate

Taiwan Semiconductor Manufacturing Company (TSMC) reaches unprecedented market valuation following robust quarterly earnings, driven by insatiable demand for advanced AI chips. Analysts weigh whether the rally still has room to run.

Jan 30, 2026

Business

CytomX Therapeutics Gains Analyst Favor Ahead of Key Colorectal Cancer Data Release

Piper Sandler and Barclays have raised price targets for CytomX Therapeutics (CTMX), citing promising early-phase data for its experimental colorectal cancer therapy. Updated results from a larger patient cohort are expected this quarter.

Feb 2, 2026

Business

ExxonMobil Posts Record 2025 Results, Cementing Its Dominance in the Oil Sector

The energy giant reported industry-leading earnings and cash flow, driven by record production and deep cost cuts, while returning billions to shareholders and outlining an ambitious growth plan through 2030.

Feb 2, 2026

Business

ASML Books Record €13.2 Billion in Orders, Yet Investors Probe Sustainability Amid AI Boom

ASML's Q4 2025 bookings, driven by AI chip demand, smashed forecasts. While management raises 2026 guidance, shareholders question the durability of the surge and the company's exposure to geopolitical headwinds.

Feb 2, 2026

Business

ASML's 2026 Outlook: Memory Chip Demand Fuels Record Backlog and Growth Ambitions

Despite a recent stock dip, ASML's record order book, driven by surging demand for advanced memory systems, points to sustained growth as AI and data center expansions create a 'perfect storm' for the lithography giant.

Feb 2, 2026

Business

CME Group Raises Metals Trading Margins Amid Historic Volatility, Records Surge in Volume

CME Group has increased margin requirements for precious metals futures and options following extreme price swings, as daily trading volumes hit record highs. The exchange is also introducing new silver products and enforcing compliance measures, highlighting its dual role as a market facilitator and risk manager during turbulent times.

Feb 2, 2026

US

Six More Weeks of Winter: Punxsutawney Phil Sees Shadow in 139th Groundhog Day Forecast

Punxsutawney Phil emerged to see his shadow at Gobbler's Knob this morning, predicting an extended winter season as the annual tradition draws crowds and online viewers amidst modern forecasting debates.

Feb 2, 2026

Business

NovaGold's Valuation Puzzle: High Hopes for Donlin Gold Clash with Recent Market Volatility

Shares of NovaGold Resources (TSX:NG) have tumbled roughly 20% in the past week, reigniting debate over the gold developer's premium valuation. While long-term shareholders have seen stellar returns, the recent pullback forces a fresh look at the risks and rewards priced into its ambitious Donlin project.

Feb 2, 2026

Business

Hamilton Lane Set to Report Q4 Earnings Amid Slowing Growth Forecast

The alternative investment manager faces heightened scrutiny as analysts project a slowdown in revenue growth ahead of Tuesday's earnings release, despite a history of recent beats.

Feb 2, 2026

Business

L3Harris Secures Key Navy Contract for Marine Corps' 'Red Wolf' Precision Strike System

Defense contractor L3Harris Technologies wins a significant U.S. Navy award to develop the Red Wolf long-range precision strike vehicle for the Marine Corps, underscoring the Pentagon's focus on advanced targeting capabilities and bolstering the company's portfolio in next-generation weapons.

Feb 2, 2026

Business

Tokio Marine's Valuation in Focus After Recent Stock Volatility

Shares of Tokio Marine Holdings (TSE:8766) have shown mixed performance recently, prompting investors to reassess the insurer's valuation amid a strong long-term track record. Analysts see potential upside from current levels, but risks remain.

Feb 2, 2026

Business

Precious Metals Plunge: Gold and Silver See Sharpest Drop in Decades Amid Policy Shifts

Gold prices tumbled from a record $5,600 to $4,770 per ounce, while silver plummeted 31% in a single day—the steepest decline since 1980. Analysts point to shifting U.S. monetary policy expectations and eased geopolitical anxieties as key drivers behind the sudden sell-off.

Feb 2, 2026

Business

New Gold Shareholders Greenlight Coeur Mining Takeover, Forging a North American Precious Metals Powerhouse

New Gold Inc. shareholders have overwhelmingly approved the planned acquisition by Coeur Mining, a move set to create a leading, diversified precious metals producer focused entirely in North America. The deal, valued through a share swap, is anticipated to close in mid-2026.

Feb 2, 2026

Business

Chevron Navigates Price Headwinds as Q4 Earnings Dip, But Points to Record Production and Strategic Growth

Chevron's fourth-quarter profit fell 12.5% year-over-year, pressured by lower oil prices, but the energy giant highlighted robust operational cash flow, record production levels following its Hess acquisition, and significant progress in its long-term strategic projects.

Feb 2, 2026

Business

AXIS Capital's Record Profits and Share Buybacks Fuel Investor Debate on Future Value

AXIS Capital's latest earnings report showcases record underwriting profitability and a significant share repurchase, prompting investors to reassess whether the specialty insurer's disciplined strategy is creating sustainable value or masking underlying risks in a competitive market.

Feb 2, 2026

Business

Harmony CFO's Complete Stock Sale Raises Eyebrows Amid Upbeat Revenue Forecasts

Harmony Biosciences CFO Sandip Kapadia has liquidated his entire direct stake in the company, a move that contrasts sharply with the firm's robust financial performance and bullish $1 billion revenue target for its flagship drug WAKIX by 2026. While the sales were pre-planned, the timing fuels debate on insider confidence versus corporate optimism.

Feb 2, 2026

World

EY Forecast: UK Growth to Stagnate Under Weight of Tax Rises and Global Headwinds

The UK's economic recovery faces a significant drag from recently implemented fiscal tightening, with growth forecasts remaining subdued for the coming year, according to a leading economic forecaster.

Feb 2, 2026