Resource Sector

Business

Tesla's Driverless Taxis Hit Austin Streets as Berkshire's New CEO Charts a Course and Markets Eye 24/7 Trading

A pivotal week in business saw Tesla's long-awaited robotaxis begin operations without safety drivers, signaling a new phase in autonomous mobility. Meanwhile, Greg Abel's early moves at Berkshire Hathaway hint at a potential strategic shift, and a push for tokenized, round-the-clock stock trading raises questions about the future of finance.

Jan 30, 2026

Business

KLA Shares Tumble 11.5% as Supply Chain and Tariff Concerns Overshadow Strong Earnings

Despite posting quarterly results that beat analyst expectations, KLA Corporation's stock plunged Friday as investors focused on management warnings about component shortages, tariff impacts, and operational constraints.

Jan 30, 2026

Business

U.S. Wholesale Inflation Surges in December, Fueled by Jump in Service Costs

U.S. producer prices rose more than expected in December, driven by the largest increase in service costs in months, complicating the inflation outlook as the Federal Reserve weighs its next policy move.

Jan 30, 2026

Business

Robinhood's Kalshi Parlay Launch Sparks Record-Breaking Surge, Outpacing Non-Sports Markets

Kalshi's parlay betting, newly accessible via Robinhood, generated unprecedented single-day fee revenue last Sunday, surpassing the platform's historical earnings from all non-sports events combined and signaling a major shift in the prediction market landscape.

Jan 30, 2026

Business

FDA Greenlights Spectrum Dynamics' AI-Powered Imaging Platform, Boosting Nuclear Medicine Precision

The FDA clearance of Spectrum Dynamics' Veritas.AI platform marks a significant step forward for nuclear imaging, promising to cut scan times in half and enhance image clarity for critical applications like cancer theranostics.

Jan 30, 2026

Business

Charter Defies Cord-Cutting Trend, Sparking Stock Surge with Unexpected Video Subscriber Growth

Charter Communications shares surged Friday after the cable giant reported a rare quarterly gain in pay-TV subscribers, a bright spot amid ongoing broadband pressures. The company's strategy of bundling streaming services appears to be resonating with customers.

Jan 30, 2026

Business

Trump Taps Kevin Warsh for Fed Chair, Signaling Aggressive Push for Bank Deregulation

President Donald Trump's selection of former Fed Governor Kevin Warsh to lead the central bank is widely seen as a move to accelerate the rollback of post-crisis financial rules and align regulatory policy more closely with White House objectives, analysts say.

Jan 30, 2026

Business

IonQ's Strategic Buyout of SkyWater: A Quantum Leap Towards Vertical Integration

IonQ's acquisition of semiconductor foundry SkyWater Technology marks a pivotal shift, granting it a unique edge in chip manufacturing and positioning it as a frontrunner for lucrative government contracts in the nascent quantum computing race.

Jan 30, 2026

Business

NYISO Report Warns: Surging Natural Gas Prices to Drive Up State Electricity Bills for Years to Come

A new analysis from the New York Independent System Operator (NYISO) links volatile natural gas markets directly to rising consumer electricity costs. With gas fueling half of New York's power generation, increased demand and export levels are set to keep pressure on household budgets.

Jan 30, 2026

Business

The Hunt is Over: Saks OFF 5TH, Neiman Marcus Last Call Shutter Stores in Bankruptcy Liquidation

The thrill of the hunt for luxury bargains is fading for American shoppers as Saks Global closes dozens of off-price physical stores. Experts explain the deep-seated psychology behind bargain hunting and what the retail landscape loses with these closures.

Jan 30, 2026

Business

Trump Taps Former Fed Governor Kevin Warsh for Chair, Signaling Potential Shift in Crypto Stance

President Trump's nomination of Kevin Warsh to lead the Federal Reserve has sent ripples through cryptocurrency markets, as traders assess the implications of a governor with direct crypto investment experience and a hawkish monetary policy reputation.

Jan 30, 2026

Business

Berkeley Capital Sees Value in Morningstar Dip, Initiates $3.8 Million Position

Investment firm Berkeley Capital has established a new $3.8 million stake in financial data provider Morningstar, signaling a potential vote of confidence in the company amidst a significant share price decline and industry-wide AI uncertainty.

Jan 30, 2026

Business

Elevation Capital Makes Strategic $9.8 Million Move Into 'Fallen Angel' Bond ETF

Investment firm Elevation Capital has significantly increased its stake in the VanEck Fallen Angel High Yield Bond ETF (ANGL), a fund targeting corporate bonds downgraded from investment grade, signaling a strategic bet on higher yields in a shifting credit environment.

Jan 30, 2026

Business

CSG Shareholders Greenlight Strategic Moves in Pivotal Virtual Meeting

Stockholders of CSG Systems International have overwhelmingly approved a slate of key proposals, including governance changes and merger-related actions, during a recent virtual Extraordinary General Meeting. The approvals pave the way for the company's next phase of strategic growth.

Jan 30, 2026

Business

Brookfield Business Partners Charts Course as a New Corporation After 'Excellent' Year

Brookfield Business Partners (BBU) reports a strong 2025 defined by strategic capital moves and operational gains across its portfolio. The company is on the cusp of a major corporate reorganization into a single listed entity, aiming to boost liquidity and attract a wider investor base.

Jan 30, 2026

Business

American Express Caps 2025 with Record Revenue, Eyes Continued Premium Growth in 2026

American Express reported a 10% revenue surge to $72 billion for 2025, driven by strong premium card demand and disciplined credit. Executives project 9-10% growth for 2026, betting on younger customers and strategic tech investments to sustain momentum.

Jan 30, 2026

Business

Seacoast Banking Sees Strong Momentum After Villages Acquisition, Sets Ambitious 2026 Targets

Florida-based Seacoast Banking Corporation (SBCF) capped off 2025 with robust loan growth and margin expansion, fueled by its recent acquisition of Villages Bancorporation. Management outlined confident guidance for the coming year, forecasting significant earnings per share growth and improved returns.

Jan 30, 2026

Business

Sanfilippo Navigates Price-Volume Squeeze, Delivers Strong Q2 Earnings on Cost Discipline

John B. Sanfilippo & Son posts record revenue and a 32% jump in EPS for fiscal Q2 2026, even as higher nut costs and shifting consumer habits pressure sales volumes. The snack nut processor eyes future growth through operational efficiency and new bar production capacity.

Jan 30, 2026

Business

ArcBest Navigates Freight Downturn with Cost Discipline and AI Push, Posts Mixed Q4 Results

Despite a challenging freight market, ArcBest reports resilient fourth-quarter performance, highlighting strategic cost controls, a turnaround in its asset-light segment, and significant investments in AI and automation to drive future efficiency.

Jan 30, 2026

Business

USA Rare Earth Stock Rebounds on Analyst Confidence After Government Lifeline

Shares of USA Rare Earth (NASDAQ: USAR) recovered Wednesday following a sharp sell-off, buoyed by an analyst's upgraded price target and reinforced by a recent $3.5 billion capital infusion from public and private sources.

Jan 30, 2026