WASHINGTON (AP) — The Trump administration plans to deploy nearly $12 billion to create a strategic reserve of rare earth elements, a stockpile that could counter China’s ability to use its dominance of these hard to process metals as leverage in trade talks. President Donald Trump on Monday announced the start of “Project Vault,” which…
Nintendo has now published its February 2026 financial results, which is for the three quarters of the current fiscal year – meaning through December. Per usual, the company has shared the latest sales data for Switch 2 and Switch plus more. – Net sales – 1,905.8 million yen (up 99.3% year-over-year)– Operating profit this period…
In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT Packages of Pepsi are displayed on a store shelf on Oct. 9, 2025 in San Anselmo, California. Justin Sullivan | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business. Demand for the company’s snacks…
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Pfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its modest 2026 guidance that rattled investors in December. The pharmaceutical giant is looking to longer-term investments in its pipeline, including its $10 billion acquisition of…
At an event in Taipei this weekend, CEO Jensen Huang made a splash when he said Nvidia (NVDA 2.82%) will participate in OpenAI’s latest funding round, potentially making “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters at the event. “I believe in OpenAI. The work that…
It’s time to grab your tickets and check to see if you’re a big winner! The Powerball lottery jackpot continues to rise after one lucky winner in North Carolina won $209 million in the January 21 drawing. Is this your lucky night? Here are Monday’s winning lottery numbers: 03-08-31-60-65, Powerball: 04, Power Play: 2X Double…
Switch just officially took the crown as Nintendo’s best-selling gaming system of all time. The company reported its financial results moments ago in which we found out that the device is now at 155.37 units sold worldwide. Previously, DS was the record holder for Nintendo at 154.02 million units. So indeed, Nintendo Switch has climbed…
Traders work on the floor at the New York Stock Exchange, Jan. 22, 2026. Brendan McDermid | Reuters The S&P 500 pulled back as investors dumped technology stocks and moved into shares more broadly linked to improvements in the economy. The broad market index fell 0.84% and closed at 6,917.81. The Dow Jones Industrial Average…
Just four days before President Donald Trump took office in January 2025, two lieutenants to a member of the Abu Dhabi royal family signed a contract to funnel $500 million into a Trump family crypto company. The investment into World Liberty Financial was backed by Sheikh Tahnoon bin Zayed Al Nahyan, brother of the president…
It turns out that what is billed as a “front page of the agent internet” is mostly just a hall of mirrors. While Moltbook has marketed itself as a thriving ecosystem of 1.5 million autonomous AI agents, a recent security investigation by cloud security firm Wiz found that the vast majority of those “agents” were…
At a White House meeting called to thaw the ice between crypto firms and Wall Street bankers, the eager crypto insiders — who outnumbered the bankers by a wide margin — came away feeling the banks were dragging their heels on making a deal on crypto market structure legislation. The White House gave them all…
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reasons behind raising the benchmark interest rate by 25 basis points (bps) to 3.85% after the February monetary policy meeting. Bullock is taking questions from the press as part of a new reporting format introduced by the central bank last…
February 2, 2026 Contact Information WASHINGTON – Today, the U.S. Environmental Protection Agency (EPA) advanced American farmers and equipment owners’ lawful right to repair their farm and other nonroad diesel equipment. EPA’s guidance to manufacturers clarifies that the Clean Air Act (CAA) supports, rather than restricts, Americans’ ability to make repairs on their own, and…
The developer of the popular open source text editor Notepad++ has confirmed that hackers hijacked the software to deliver malicious updates to users over the course of several months in 2025. In a blog post published Monday, Notepad++ developer Don Ho said that the cyberattack was likely carried out by hackers associated with the Chinese…
SoFi Technologies is making its mark on the banking scene — especially with younger people. If you’re interested in financial stocks, you’ve probably noticed SoFi Technologies (SOFI 1.45%), perhaps wishing that you bought it long ago. Check out its trailing returns: Time period Average annual return Past year 58.3% Past three years 62.4% Data source:…
U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, Feb. 2, 2026. Evelyn Hockstein | Reuters President Donald Trump on Monday said a criminal investigation into Federal Reserve Chairman Jerome Powell should continue, shrugging off a Republican senator’s vow…
BELLEVUE, Wash. — Amazon and T-Mobile are slashing hundreds of jobs in Bellevue and across Washington state, dealing a major blow to the region’s tech-heavy workforce as companies restructure amid shifting economic and industry pressures. “We have employees here whose husbands work at T-Mobile and Amazon, or wives, and that’s going to be nothing but…
AI is already having a seismic impact on how software is written, with much of the grunt work of programming now performed by swarms of agents and subagents. But as developers experiment with new interfaces and form factors for human-AI collaboration, it’s become hard for even the most advanced AI labs to keep up. The…
McDonald’s has announced a limited-time Valentine’s Day stunt that pairs its Chicken McNuggets with high-end caviar, and is giving away exclusive kits online to fans for free. The fast food giant announced it has partnered with Paramount Caviar to create McNugget Caviar kits that will drop online at 11 a.m. ET on Tuesday, February 10….
Thousands of Brooklynites have lost power in recent days because of last week’s snow, and the lingering cold has made it harder for Con Edison to get the lights back on. As of Monday afternoon, Con Ed reported around 2,000 of its Brooklyn customers were without power, concentrated in the neighborhoods of Boerum Hill, Park…
Waymo, the Alphabet-owned autonomous vehicle company, has raised $16 billion as it plans to grow its fleet of driverless taxicabs this year to more than a dozen new cities internationally, including London and Tokyo. Dragoneer Investment Group, DST Global, and Sequoia Capital led the funding round, which now values Waymo at $126 billion, the company…
Did you notice something… weird on your social media network of choice this past weekend? (I mean weirder than normal.) Something like various people posting about swarms of AI agents achieving a kind of collective consciousness and/or plotting together for humanity’s downfall? On something called… Moltbook? Sounds important, especially when the post is written by…
The soon-to-depart Bob Iger avoided getting too “nostalgic” during today’s Disney Q1 results call but he did have some words of wisdom for his probable successor, who Bloomberg reported overnight is likely to be Parks boss Josh D’Amaro. “Preserving the status quo” would be a “mistake,” Iger said, as he prepares to step down after…
With a succession decision expected in the very near future, The Walt Disney Co. delivered a Wall Street beat in its latest quarter, a hard-earned win and perhaps even a sendoff for CEO Bob Iger, who is widely expected to step aside in the coming months, ahead of his end of 2026 contract expiration (Josh…
New Orders Growing; Production Growing; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Imports Unchanged; Exports Growing; This report reflects the recently completed annual adjustments to the seasonal factors used to calculate the indexes. TEMPE, Ariz., Feb. 2, 2026 /PRNewswire/ — Economic activity in the manufacturing sector expanded…
Three major companies are closing facilities and offices in Massachusetts, leading to layoffs that are affecting about 250 workers. Panera, Zipcar and Thermo Fisher Scientific all have different reasons for cutting jobs in the state. Panera closing Franklin bakery Panera is closing its “fresh dough facility” in Franklin. The move will affect 92 employees, according…
London — The backlash against ICE has grown beyond US borders. Capgemini, a major French consulting and information technology company, said Sunday it will sell a US division that does business with Immigration and Customs Enforcement. Like other businesses with links to ICE, Capgemini has come under scrutiny as criticism mounts over the agency’s heavy-handed…
The shine is coming off gold and silver. Prices for the precious metals, which last week soared to record highs, are extending their slide after a sharp selloff on Friday. Gold, which topped $5,500 last week, dipped below $4,500 per ounce in overnight trading. Friday’s decline amounted to the biggest one-day drop in the shiny…
Dollar General and Aldi logos. Reuters Store openings in the U.S. are expected to rise and store closures fall this year compared to 2025, with value retailers leading the growth as they continue to attract more of consumers’ dollars, according to an analysis by Coresight Research. Overall, Coresight projects that U.S. retailers will close about…
Bloomberg (Bloomberg) — For the first time in two years, Palantir Technologies Inc. shares are not rallying into a quarterly earnings report — a signal that investors are finding fewer reasons to snap up what has become one of the most expensive stocks in the S&P 500 Index. Shares of the software company have tumbled…
It’s confirmed: Donald Trump is funny only when you’re laughing at him, not with him. The president, 79, bombed spectacularly while trying his hand at comedy on Saturday during the annual black-tie dinner at D.C.’s Alfalfa Club, an elite social club for some of the world’s most powerful figures, the Washington Post reported. Jeff Bezos,…
Based on reporting elsewhere, some of the judges viewed the classified report that was used to justify the order to halt construction, but they didn’t find it persuasive. In one case, the judge noted that the government wasn’t acting as if the security risks were real. The threat supposedly comes from the operation of the…
Disney reported solid results for its fiscal first quarter but also disclosed a $110 million hit from an autumn carriage fight with YouTube TV. Revenue for the quarter ended December 27 ticked up 5% from the year-earlier period to reach $25.98 billion. Diluted earnings per share came in at $1.63, excluding non-recurring items. Wall Street…