Economy, business, innovation

February 2026

OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank

OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times […]

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US Begins Evacuating Some Embassy Staff In Israel ‘While Flights Still Available’

US Begins Evacuating Some Embassy Staff In Israel ‘While Flights Still Available’ “Persons may wish to consider leaving Israel while commercial flights are available,” the US State Department announced Friday, signaling that US strikes on Iran could be imminent,. It provided confirmation the US government has begun evacuating “non-emergency” personnel from the embassy in Israel

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Earnings Summary: Highlights of Calumet’s (CLMT) Q4 2025 earnings report

Calumet, Inc. (NASDAQ: CLMT), a producer of specialty hydrocarbon products and renewable fuels, on Friday reported results for the fourth quarter of fiscal 2025. Fourth-quarter sales increased to $1.04 billion from $949.5 million in the same period last year The company reported a net loss of $37.3 million for Q4, versus a loss of $40.7

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Surging Services Costs Spark Unexpected Surge In US Producer Prices In January

Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December’s +3.0%)… Source:

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Futures Slide As Renewed AI Disruption And Private Credit Fears Spark Selling

Futures Slide As Renewed AI Disruption And Private Credit Fears Spark Selling The rollercoaster continues: US equity futures are in the red again, trading near session lows, and set to extend Thursday’s losses with as stocks underperform after yesterday’s spectacular plunge in the momentum trade as NVDA’s post record-breaking earnings/guidance plunge spooked markets that nothing

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“Torn The Roof Off” British Politics: Starmer Stunned After Green Party Steals Labour Seat

“Torn The Roof Off” British Politics: Starmer Stunned After Green Party Steals Labour Seat UK Prime Minister Keir Starmer is under pressure to reinvent his ailing Labour government with a leftwards pivot after the Green Party captured one of its House of Commons seats via a special election. The result underscores the recent fragmentation of

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BrightSpring Health Services Q4 FY25 earnings jump on strong revenue growth

BrightSpring Health Services, Inc. (NASDAQ: BTSG), a provider of home and community-based health services, on Friday reported a sharp increase in revenue and net income for the fourth quarter of fiscal 2025. Net revenue was $3.55 billion in the fourth quarter, up 29.3% from $2.75 billion in the year-ago quarter Fourth-quarter net income rose sharply

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AutoDesk Q4 2025 Earnings Results

Autodesk reported financial results for the fourth quarter and full fiscal year 2026, delivering strong revenue growth and earnings that beat expectations, supported by continued demand for its design software and subscription offerings across construction, manufacturing, and media industries. The results highlight Autodesk’s position as a key software provider benefiting from infrastructure investment, digital transformation,

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INTU Earnings: Intuit Q2 2026 revenue jumps 17%; reaffirms FY26 guidance

Intuit Inc. (NASDAQ: INTU) has reported a 17% increase in revenue for the second quarter of fiscal 2026, driving adjusted profit sharply higher. The financial technology company also reiterated its FY26 guidance. The Mountain View-headquartered company’s second-quarter revenue rose sharply to $4.7 billion from $3.96 billion in the corresponding quarter a year earlier. Driven by

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