Carvana craters after Q4 earnings miss estimates Used car retailer Carvana plummeted after fourth-quarter profits came in shy of estimates. Adjusted EBITDA of $511 million came in below the consensus call for $535.7 million, more than offsetting better-than-expected sales of $5.6 billion (estimate: $5.27 billion). Carvana sold 163,522 used vehicles to retail customers in the…
The California Department of Motor Vehicles will not suspend Tesla’s sales and manufacturing licenses for 30 days because the EV maker has stopped using the term “Autopilot” in the marketing of its vehicles in the state. The decision, issued late Tuesday, means Tesla can continue selling its EVs in California without interruption and officially settles…
Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), speaks during a press conference at the LDP headquarters in Tokyo, Japan, on February 9, 2026. Franck Robicho | Anadolu | Getty Images The International Monetary Fund urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that…
As the fight against climate change intensifies, activists are facing increasing scrutiny from government agencies, raising concerns within the environmental movement. This situation underscores the tension between climate advocates and political administrations, particularly in the United States, where a renewed focus on fossil fuel interests poses challenges to environmental protections. Recently, the group Extinction Rebellion…
Ford is promising to deliver an EV truck next year that starts at $30,000 and can compete with Chinese automakers without undermining profit margins. A combination of 3D-printed Lego-like parts, Formula 1 thinking, and a bounty program will help the company hit that target, Ford said Tuesday. It will have to. Ford took a $19.5…
The Oracle of Omaha’s final quarter as Berkshire Hathaway CEO revealed more significant net selling activity, and one curious $352 million purchase. Data is the fuel that keeps Wall Street running — and few announcements are more telling than the quarterly filing of Form 13F with the Securities and Exchange Commission. A 13F provides investors…
Roughly 50 people protested outside Palantir’s Cherry Creek headquarters for their collaboration with ICE and business practices in Denver, Colo. on Friday, Jan. 23, 2026. WIRED reported last April that Palantir had won a $30 million contract with ICE to build an ‘ImmigrationOS’ surveillance platform to monitor individuals going through the self-deportation process, who have…
YouTube experienced a widespread outage Tuesday, with thousands of users reporting issues, according to Downdetector.com. More than 390,000 users had reported problems with the platform as of 5:24 p.m. PT, according to Downdetector, which tracks outages by collecting status reports from multiple sources. Most users reported issues with the application. YouTube TV also has over…
Anthropic’s latest flagship model, Claude Sonnet 4.6, is out now. By on February 17, 2026 Claude Sonnet 2.6 is out now. Here’s what you need to know. Credit: Samuel Boivin/NurPhoto via Getty Images Anthropic has just released its latest Large Language Model (LLM), Claude Sonnett 4.6. The Tuesday release quickly follows the launch of Claude Opus…
Peru is navigating yet another political upheaval as its Congress appointed leftist lawmaker Jose Maria Balcazar as the interim president, following the removal of his predecessor, Jose Jeri. This appointment represents a notable shift in political allegiance, highlighting the ongoing instability within the Peruvian governmental landscape. With elections just around the corner, the nation must…
A massive recall for peanut butter products has been issued across 40 states by the Food and Drug Administration (FDA). Among the 40 states included in the recall is Washington. According to the FDA, the recall occurred after Ventura Foods LLC found pieces of blue plastic in a filter. The recall was first issued last April, but…
Founded in 1974 in the wake of the first oil crisis of that decade, the Paris-based IEA produces forward-looking scenarios documenting the transition to renewable fuels that set the standard for the energy world. Wright will be in Paris Wednesday and Thursday to attend a ministerial meeting of the agency. “We don’t need a net-zero…
United States President Donald Trump’s son Eric is investing in an Israeli drone manufacturer, prompting renewed conflict-of-interest concerns as the Trump family expands its business holdings during its patriarch’s second term as president. Eric Trump is investing in a $1.5bn merger between Israeli drone maker Xtend and Florida-based JFB Construction Holdings, a small construction company,…
Greg Abel took over day-to-day operations of the sprawling investment-to-industrials business at the start of this year © Daniel Acker/Bloomberg Berkshire Hathaway on Tuesday took the rare step of offloading part of its utility business, selling nearly $2bn of power assets in Washington state after wildfires caused billions of dollars in damages. The company’s PacifiCorp…
Are boneless wings any different from chicken nuggets? A federal judge weighed in Tuesday in a lawsuit against Buffalo Wild Wings. In a 10-page ruling, U.S. District Judge John Tharp in Illinois said the sports bar franchise can continue to call its popular menu item “boneless wings,” even though they are “essentially chicken nuggets.” A…
In an increasingly urgent climate landscape, health and environmental advocacy groups are mobilizing efforts to challenge decisions perceived as setbacks in the fight against climate change. This week, more than a dozen organizations have come together to file a landmark lawsuit against the Environmental Protection Agency (EPA) over the controversial withdrawal of the endangerment finding,…
Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know
The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video posted on X that the agency has filed a “friend of the court brief” in support of Crypto.com in its escalating legal battle with…
Paramount has responded to Warner Bros. Discovery, which, with the backing of Netflix, will start seven days of talks through Feb. 23 with the David Ellison company on a potential deal. “Paramount acknowledges the announcement from Warner Bros. Discovery that, acting with Netflix, they have decided to provide Paramount a 7-day ‘waiver’ for negotiation. In…
Over the past 15 years, password managers have grown from a niche security tool used by the technology savvy into an indispensable security tool for the masses, with an estimated 94 million US adults—or roughly 36 percent of them—having adopted them. They store not only passwords for pension, financial, and email accounts, but also cryptocurrency…
Meta’s AI Roadmap Supported by Large-Scale Deployment of NVIDIA CPUs, Networking and Millions of NVIDIA Blackwell and Rubin GPUs News Summary: Meta expands NVIDIA CPU deployment and significantly improves performance per watt in its data centers. Meta scales out AI workloads with NVIDIA Spectrum-X Ethernet, supporting network efficiency and throughput. Meta has adopted NVIDIA Confidential…
As tensions escalate in the Middle East, diplomatic negotiations between the United States and Iran are at a critical juncture. With a robust military presence in the region, US officials emphasize the urgency for Iran to engage constructively in discussions regarding its nuclear ambitions, which remain a significant concern for both regional and global security….
In an era where healthcare policies increasingly influence the lives of vulnerable populations, California’s proposed billionaire tax sparks a contentious debate over supporting those in need versus fostering economic growth. As health workers like Karen Sanchez witness firsthand the potential impact of federal legislation on patients with complex medical conditions, many are rallying for a…
Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know
The United States is rapidly accelerating toward a definitive tipping point in its financial history, the Committee for a Responsible Federal Budget (CRFB) wrote in response to the latest 10-year outlook from the Congressional Budget Office. The nonpartisan budget watchdog issued a stark assessment: The current trajectory of borrowing, which is running at double the…
IKEA is expanding again in Colorado, this time with plans to open a store in Fort Collins this year. The Swedish furniture and home goods retailer announced Tuesday that the new location will mark its third in the state. A specific site has not been disclosed yet, nor has it been specified when construction will begin….
Anthropic has released a new version of its midsized Sonnet model, keeping pace with the company’s four-month update cycle. In a post announcing the new model, Anthropic emphasized improvements in coding, instruction-following, and computer use. Sonnet 4.6 will be the default model for Free and Pro plan users. The beta release of Sonnet 4.6 will…
JEFFERSON CITY, Mo. (AP) — Agrochemical maker Bayer and attorneys for cancer patients announced a proposed $7.25 billion settlement Tuesday to resolve thousands of U.S. lawsuits alleging the company failed to warn people that its popular weedkiller Roundup could cause cancer. The proposed settlement comes as the U.S. Supreme Court is preparing to hear arguments…
As geopolitical landscapes shift, the ongoing debate over the sovereignty of the Chagos Islands has resurfaced, bringing to light the historical complexities and enduring tensions surrounding this strategically significant region. With the recent approval of an agreement between the UK and Mauritius regarding these islands, opinions from prominent figures, including former US President Donald Trump,…
Transportation The automaker’s EV skunkworks team is using ‘bounties’ to guide engineering decisions that track gains in battery range and reductions in cost. Feb 17, 2026, 4:00 PM UTC Transportation The automaker’s EV skunkworks team is using ‘bounties’ to guide engineering decisions that track gains in battery range and reductions in cost. Feb 17, 2026,…
Michael Selig, President Donald Trump’s nominee to serve as Commodity Futures Trading Commission chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill, Nov. 19, 2025. Jonathan Ernst | Reuters The Commodity Futures Trading Commission filed an amicus brief in federal court on Tuesday to assert the agency’s right to enforce…
Colorado will welcome a new IKEA store in Fort Collins in 2026, part of IKEA’s U.S. expansion plan. FORT COLLINS, Colo. — IKEA will open a new store in northern Colorado in 2026, the company announced on Tuesday. The 64,000-square-foot IKEA will be located in Fort Collins at the Front Range Village Shopping Center at 4250…
NEW YORK (AP) — A quiet finish for the U.S. stock market on Tuesday masked big swings underneath the surface as companies talked about how discouraged their customers are feeling and some tech stocks continued to feel the downside of the artificial-intelligence boom. The S&P 500 rose 0.1% after flipping earlier between a gain of…