February 2, 2026 1:41 pm
Key Moments Disney’s fiscal first-quarter revenue rose 5% to $26 billion, surpassing the consensus estimate of $25.7 billion. The experiences division delivered $10 billion in revenue and 72% of nearly $5 billion in quarterly operating profit. Streaming operating income climbed 72% to $450 million on a 13% revenue increase to $4.4 billion. Theme Parks and […]
Read moreFebruary 2, 2026 11:39 am
Key Moments Boeing finalized a new contract with about 1,600 former Spirit AeroSystems white-collar employees re-acquired in December. The agreement, expiring in late 2030, was ratified with 85% of votes cast and includes a $6,000 ratification bonus and annual wage hikes. The deal is the first with ex-Spirit workers and comes ahead of talks with […]
Read moreFebruary 2, 2026 10:24 am
Key Moments Oracle expects to raise $45 billion to $50 billion in 2026 to expand its cloud infrastructure capacity. The company plans to split the funding roughly evenly between equity-related issuance and senior unsecured bonds. Oracle was sued in January by bondholders alleging the firm concealed its need to issue substantial new debt for AI […]
Read moreFebruary 2, 2026 8:48 am
Key Moments Nvidia CEO Jensen Huang announced a “huge” investment in OpenAI, likely the largest in Nvidia’s history. Huang denied claims that he is unhappy with OpenAI, calling such reports “nonsense” and reaffirming his confidence. Nvidia will join OpenAI’s current funding round, though the investment will not reach the previously mentioned $100 billion level. Huang […]
Read moreFebruary 2, 2026 7:45 am
Key Moments Reports suggest SpaceX is nearing an acquisition of xAI, helping Elon Musk advance plans for space-based data centers. Talk of a Tesla-SpaceX combination continues, but such a deal would be far more complex due to Tesla’s size and public status. Tesla is undergoing a difficult shift toward AI-driven robotaxis and humanoid robots after […]
Read moreJanuary 30, 2026 2:43 pm
Key Moments President Donald Trump nominated former Fed Governor Kevin Warsh to replace Jerome Powell as Federal Reserve Chair, pressuring U.S. stock index futures. Gold and silver futures pulled back sharply after setting fresh record highs the prior session, with gold sliding 5.5% and silver tumbling about 14%. Economic data showed December PPI and core […]
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