U.S. Shale

World

Venezuela Rewrites Its Oil Playbook: A Historic Reversal of Socialist Control Opens Doors, and Questions

In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.

Feb 2, 2026

World

Palantir CEO Defends Surveillance Tech Amid Soaring Government Sales, ICE Scrutiny

As Palantir Technologies reports a massive surge in U.S. government revenue, CEO Alex Karp publicly defends the company's controversial surveillance platforms, insisting they contain safeguards against overreach. The defense comes amidst growing public and political scrutiny over its contracts with immigration enforcement agencies.

Feb 2, 2026

Business

GM's Barra Joins Trump for Critical Minerals Reserve Announcement, Stressing Supply Chain Resilience

General Motors CEO Mary Barra attended a White House event where President Trump unveiled 'Project Vault,' a $12 billion initiative to create a strategic reserve of critical minerals aimed at securing U.S. industrial supply chains.

Feb 2, 2026

Business

Markets Rebound on Strong Manufacturing Data; Micron Surges Amid AI Investment Scrutiny

U.S. equities found firmer ground Tuesday, buoyed by a robust factory activity report. The rally unfolded as investors grow increasingly discerning about AI-related capital expenditures, creating clear winners and losers.

Feb 2, 2026

Business

Ford and Xiaomi Deny Joint Venture Talks Amid CEO's Mixed Signals on Chinese EV Rivals

Ford Motor and Chinese tech giant Xiaomi have firmly denied a Financial Times report of preliminary talks to collaborate on electric vehicle production in the U.S., even as Ford's CEO publicly admires and studies Chinese EV technology while labeling it a major competitive threat.

Feb 2, 2026

World

Venezuela's Oil Sector Overhaul: A Pragmatic Pivot or a Sovereignty Surrender?

Venezuela enacts its most significant oil reform in nearly 50 years, dismantling core socialist tenets to attract foreign capital. While promising a production boost, the new hybrid system raises questions about transparency, U.S. influence, and whether it offers enough to lure back wary investors.

Feb 2, 2026

Business

Investors Look Abroad: International Equity ETFs Lead $165 Billion January Inflow

U.S.-listed exchange-traded funds attracted $165.4 billion in January, with a notable pivot toward international stock funds as they continue to outperform domestic markets.

Feb 2, 2026

Business

AST SpaceMobile Soars 53% in January on Defense Deal, Satellite Launch Momentum

Shares of the satellite broadband company surged last month, fueled by a key U.S. Missile Defense Agency contract and progress on its satellite constellation launch schedule, despite emerging competition.

Feb 2, 2026

Business

Palantir's AI-Driven Surge: Tenth Straight Quarter of Accelerating Growth Defies Skeptics

Palantir Technologies shatters expectations with Q4 results, reporting a 70% revenue surge and forecasting continued robust growth, as its AI platform becomes a central driver for U.S. commercial business.

Feb 2, 2026

Business

Palantir's AI Ambitions Cemented as Commercial Surge Drives Record Profits

The data analytics firm's fourth-quarter results showcase a decisive shift, with U.S. commercial revenue soaring 137% and profitability silencing long-time skeptics, even as its premium valuation demands sustained execution.

Feb 2, 2026

Business

The $10 Million-Plus Home Market Defies Gravity as Broader Housing Slows

A new report reveals a stark divergence in the U.S. housing market: while high rates cool mainstream activity, ultra-luxury sales above $10 million surged to a record $38.6 billion in 2025, driven by new wealth creation and a flight to tangible assets.

Feb 2, 2026

Business

Markets Shrug Off Metals Rout, Focus on Strong Data and Trade Deals

Wall Street and the dollar advanced as robust economic indicators and a U.S.-India trade pact overshadowed a continued historic selloff in precious metals. Investors recalibrate around growth optimism and shifting geopolitical winds.

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

Trump's Fed Nominee Warsh's Crypto Ties Raise Questions Over Stablecoin's 'Made in America' Push

Former Fed governor Kevin Warsh, nominated to lead the central bank, previously advised the firm issuing Tether's new U.S.-regulated stablecoin, intertwining his potential oversight role with a key player in the digital asset industry.

Feb 2, 2026

Business

RTX's Defense Unit Secures Key Contracts and Test Milestones, But Valuation Concerns Loom

Raytheon, an RTX business, achieves a critical ballistic flight test for the U.S. Army's new interceptor while securing over $1.2 billion in new defense contracts. These wins solidify its role in next-generation air defense but come as the company's stock trades near record highs, prompting investor scrutiny over future growth.

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

Beyond the Aisle: How Eataly is Redefining Italian Culture in America

From a repurposed Florida church to compact city cafés, the Italian marketplace giant is expanding its U.S. footprint with new formats focused on immersive experiences, not just groceries.

Feb 2, 2026

US

Judge Lifts Restraining Order, Allows DHS to Proceed with Evidence Disposal in ICE Shooting Case

A federal judge in Minnesota has rescinded an order that prevented the Department of Homeland Security from destroying evidence connected to the fatal shooting of U.S. citizen Alex Pretti by ICE agents, allowing the controversial disposal process to move forward.

Feb 2, 2026

Business

Corn Futures Dip Amid Mixed Market Signals and Export Concerns

U.S. corn futures edged lower at Monday's midday, pressured by a stronger dollar, falling crude oil, and a weekly export inspections report that fell short of last year's pace. The market also digested trade developments with India and positioning data from speculators.

Feb 2, 2026

Business

Soybean Prices Slip as Market Weighs Export Data, Brazil's Harvest Progress

Soybean futures traded lower midday Monday, pressured by mixed export figures and a growing Brazilian harvest. The market also digested news of a potential U.S.-India trade deal that could impact agricultural flows.

Feb 2, 2026