In a strategic move, entrepreneur Elon Musk has merged his artificial intelligence startup xAI into SpaceX, two of his most ambitious ventures. This combination has created what is now believed to be the world's most valuable private company.
Moltbook, a new social platform, has garnered attention for its unique approach. Rather than catering to human users, Moltbook is designed exclusively for artificial intelligence agents, relegating humans to silent spectators.
In a significant legal challenge, Meta (META), the parent company of Facebook and Instagram, is set to face a landmark jury trial in Santa Fe, New Mexico, starting on Monday.
Waymo, the self-driving car unit of Alphabet Inc. (GOOGL), is under investigation by U.S. auto safety regulators following an incident where one of its fully autonomous vehicles struck a child near an elementary school in Santa Monica, California.
In a move to address consumer frustrations over rising food prices, PepsiCo (PEP), the global food and beverage company, has announced that it will reduce the prices of its popular snack brands by up to nearly 15%.
Apple is set to unveil its long-awaited foldable iPhone later this year, according to recent leaks. The device is expected to feature a significant departure from the company's current smartphone design language.
Amazon.com Inc. (AMZN) on Wednesday announced it is making Alexa+ available to everyone in the U.S. Last February, the company began the Early Access program for Alexa+, its next-generation assistant powered by generative AI. Prime members will get unlimited access to the full set of Alexa+ capabilities,...
Boston Scientific Corporation (BSX) shares fell 16.79 percent, or $15.39, to $76.24 on Wednesday, despite reporting higher fourth-quarter earnings year over year.
PrimeGen US, Inc., on Wednesday, announced it has entered into a definitive business combination agreement with DT Cloud Star Acquisition Corporation (DTSQ), a publicly traded special purpose acquisition company. The transaction implies an equity value for PrimeGen US of about $1.5 billion and is...
Lamb Weston Holdings, Inc. (LW) Wednesday said it has appointed Jan Craps to the newly created role of Executive Chair. The company also announced the appointment of James Gray as Chief Financial Officer. The Lamb Weston board of directors has appointed Jan Craps executive chair, effective February...
Infineon Technologies AG (IFNNY), a German semiconductor manufacturer, on Wednesday said it has agreed to acquire the non-optical analog and mixed-signal sensor portfolio from ams OSRAM Group for €570 million on a debt-free and cash-free basis. Infineon said the acquisition will strengthen its position...
Shares of nLIGHT, Inc. (LASR) fell sharply on Wednesday after the company announced the pricing of a sizable public offering of common stock. The stock is currently trading at $45.70, down $4.28 or 8.57%, on the Nasdaq. The stock opened at $48.73 after closing Tuesday at $49.98. The stock has traded...
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.
Adial Pharmaceuticals, Inc. (ADIL), a clinical-stage biopharmaceutical company, shares slipped by 20% in premarket, following the announcement of a reverse stock split. The company will implement a 1-for-25 reverse stock split of its common stock, par value $0.001 per share, that will become effective...
Polyrizon Ltd. (PLRZ), a pre-clinical biotechnology company developing intranasal protective hydrogel technologies, has signed a non-binding Memorandum of Understanding to acquire a 51% stake in Arrow Aviation Ltd., a global private aviation operator.
Silicon Laboratories Inc. (SLAB) jumped more than 45% in pre-market trading after reports surfaced that Texas Instruments Inc. (TI) is in advanced discussions to acquire the Austin-based chipmaker in a cash deal valued at around $7.5 billion.
Shares of BioCryst Pharmaceuticals Inc. (BCRX) are down over 40% from their 52-week high of $11.31, recorded last June, and trade around $6. The company's core marketed drug is ORLADEYO, a plasma kallikrein inhibitor approved for the prophylaxis of hereditary angioedema. Net product sales of ORLADEYO have increased steadily each year.
Twin Disc, Inc. (TWIN), a power transmission equipment manufacturer, on Wednesday reported sharply higher earnings for the second quarter ended December 26, 2025, helped by a significant income tax benefit.
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. decreased by more than expected in the week ended January 30th. The report said crude oil inventories fell by 3.5 million barrels last week after declining by 2.3 million barrels in the previous...
A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. service sector activity came in unchanged in the month of January. The ISM said its services PMI came in at 53.8 in January, unchanged from a revised reading in December. A reading above 50 indicates growth in the sector.
Brazil's service sector expanded at a slower pace in January amid a less favorable demand environment. The seasonally adjusted S&P Global Brazil Services Business Activity Index dropped to 51.3 in January from 53.7 in December. Among components, new orders and business activity grew at weaker rates, which prompted service providers to lower workforce numbers and downgrade output projections.
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of January. ADP said private sector employment rose by 22,000 jobs in January after climbing by a downwardly revised 37,000 jobs in December.
Avery Dennison Corp. (AVY) will host a conference call at 11:00 AM ET on February 4, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://investors.averydennison.com/events-and-presentations/default.aspx
Corpay, Inc. (CPAY), Wednesday announced the decision to sell PayByPhone, a mobile parking payments business, to Lightyear Capital. The financial details of the deal have not been disclosed. Notably, the transaction is not expected to have a material impact on Corpay's 2026 Cash EPS outlook. Ron...
Veradermics, Incorporated (MANE), a late clinical-stage biopharmaceutical company, announced the pricing of its upsized initial public offering of 15.08 million shares at $17 per share. In addition, Veradermics has granted the underwriters a 30-day option to purchase up to an additional 2.26 million...