Services Sector

Business

Bargain Hunting in Asia: Three Undervalued Stocks Poised for Growth Amid Market Volatility

Amid economic headwinds and geopolitical tensions, discerning investors are scouring Asian markets for hidden gems. We spotlight three companies—from China's food sector to Taiwan's tech and Japan's chemicals—trading significantly below their estimated intrinsic value, offering potential upside for the patient investor.

Feb 2, 2026

Business

Nio Shares Slip Despite Strong January Deliveries as Investors Question Demand Sustainability

Nio's stock fell nearly 4% on Monday as a sharp month-over-month delivery decline overshadowed impressive year-on-year growth, fueling broader concerns about the health of China's electric vehicle sector.

Feb 2, 2026

Business

Hyperliquid Enters Prediction Market Arena with 'Outcome Trading' Proposal

Decentralized exchange Hyperliquid is moving into the fast-growing prediction market sector through a new protocol upgrade, aiming to offer a novel, low-risk form of derivatives trading as regulatory scrutiny intensifies.

Feb 2, 2026

Business

SpaceX Merges with xAI in Historic Deal, Aims to Pioneer Orbital Data Centers

Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.

Feb 2, 2026

Business

Hong Kong Set to Issue First Stablecoin Licenses in March, Marking Watershed Moment for Crypto Hub Ambitions

The Hong Kong Monetary Authority (HKMA) is poised to grant its inaugural stablecoin issuer licenses next month, a key step in the city's comprehensive push to establish a regulated digital asset ecosystem. The move follows a rigorous application process and signals a new era of oversight for the burgeoning sector.

Feb 2, 2026

Business

Rocket Lab Secures $816M Defense Satellite Deal, Signaling Strategic Shift

The U.S. Space Development Agency's major contract award to Rocket Lab marks a pivotal expansion for the launch provider into the lucrative defense sector, with analysts forecasting accelerated revenue growth and a path to profitability.

Feb 2, 2026

Business

Palantir Soars Past Forecasts, Projects Accelerated Growth for 2026

Palantir Technologies smashed Wall Street expectations for Q4 2025, reporting a 70% surge in revenue and issuing guidance that signals even stronger growth ahead. The data analytics giant's performance underscores its deepening traction in both government and commercial sectors.

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

Business

Palantir Defies Tech Slump with Stellar Q4, Fueled by Surging U.S. Government and Commercial Contracts

The data analytics firm smashed Wall Street forecasts for the fourth quarter, reporting a 70% revenue surge to $1.4 billion, driven by explosive growth in its U.S. operations. Its bullish outlook for 2025 further signals resilience amid sector-wide anxieties.

Feb 2, 2026

Business

FTSE 100 Powers to Record Close, Defying Commodity Carnage

London's blue-chip index surged to a historic high as investors rotated into defensive sectors, shrugging off a brutal sell-off in precious metals and oil triggered by geopolitical shifts and regulatory moves.

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 Backs Carrier Global, Advising Investors to 'Buy and Hold'

CNBC's Jim Cramer endorsed Carrier Global Corp. (NYSE:CARR) on his recent show, praising CEO Dave Gitlin's leadership and strategic acquisition. He recommended investors buy the stock for the long term, citing confidence in the company's positioning within the climate solutions sector.

Feb 2, 2026

Business

Metals Tumble, Energy Surges: A Volatile Start to 2026 for Commodities

January 2026 saw dramatic swings across commodity markets, with precious metals soaring to record highs before a sharp correction, while energy commodities rallied on strong winter demand. The month underscored the sector's inherent volatility amid shifting seasonal and macroeconomic forces.

Feb 2, 2026

US

Canadian Miners Kidnapped in Mexico's Sinaloa; Cartel Link Suspected

Ten employees of Vancouver-based Vizla Silver Corp. were abducted from a project site in Concordia, Sinaloa, on January 24, prompting a massive security operation and raising fears of cartel involvement in the region's mining sector.

Feb 2, 2026

Business

Navigating the EV Slowdown: Why Rivian and BYD Could Be Long-Term Winners

Despite near-term headwinds in the electric vehicle sector, Rivian and BYD are positioning themselves for the next growth cycle through strategic pivots and vertical integration.

Feb 2, 2026

Business

Bitcoin Stages Modest Recovery Amid Broad Crypto Market Pressure

Bitcoin clawed back some of its steep weekend losses in Monday trading, though the broader digital asset sector and related equities remained under significant selling pressure as investors digested a wave of forced liquidations and awaited key U.S. economic data.

Feb 2, 2026

Business

Subway Franchisee MTF Enterprises Seeks Chapter 11 Protection Amid Cash Flow Crisis

MTF Enterprises, a major operator of 43 Subway restaurants across four states, has filed for Chapter 11 bankruptcy, citing unsustainable debt burdens from merchant cash advance loans. The move highlights ongoing pressures within the franchise sector.

Feb 2, 2026

Business

Ovintiv's NuVista Acquisition Clears Final Hurdle, Setting Stage for Canadian Expansion

The Canadian government has granted final approval for Ovintiv's takeover of NuVista Energy, completing all regulatory and shareholder requirements. The deal, expected to close shortly, significantly bolsters Ovintiv's position in the Canadian oil and gas sector, though analysts debate its long-term value and impact on shareholder returns.

Feb 2, 2026

Business

GameStop Surges on CEO's $100 Billion Ambition, Fueling Speculation Over Major Acquisition

GameStop shares rallied over 6% after CEO Ryan Cohen outlined a bold vision to transform the struggling retailer into a consumer sector powerhouse through strategic M&A, leveraging its substantial cash reserves.

Feb 2, 2026

Business

U.S. Manufacturing Roars Back in January, Hitting Four-Year High Amid Tariff Jitters

The U.S. manufacturing sector snapped a year-long contraction in January, with the PMI surging to its highest level since early 2022. A sharp rebound in new orders and production fueled the expansion, though concerns over future tariff policies and a still-sluggish jobs market temper the optimism.

Feb 2, 2026