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PREVIEW-Amazon's physical grocery push deepens its fight against rival Walmart
Amazon's mega-store to compete with Walmart, Target, CostcoAmazon's physical store revenue expected to rise 5.4% to $5.9 billionWalmart's e-commerce boosted by Walmart+ program, 4,600-store footprintBy Arriana McLymore NEW YORK, Feb 4 (Reuters) - Amazon AMZN.O was once the upstart run...Reuters
Wed, Feb 4
Stocks
Five Below gains after BofA double upgrade
Five Below's FIVE.O shares up 1.3% to $199.38 early Weds after BofA Global Research upgrades discount retailer to 'buy' from 'underperform'Brokerage boosts PT from $158 to $233, implying 18% upside to stock's last closeBofA says in note it believes FIVE shares will lift to a ...Reuters
Wed, Feb 4
Commodities
Nigeria’s Dangote Refinery to begin full‑capacity tests in February
Africa's largest refinery began operations in 2024Has been running at 450,000 to 485,000 bpd Full capacity could help cut Nigeria's fuel import billBy Isaac AnyaoguLAGOS, Feb 4 (Reuters) - Nigeria's Dangote Refinery will begin performance test runs at its full nameplate capacity of 650,0...Reuters
Wed, Feb 4
Other
CDW beats fourth-quarter estimates on resilient demand for IT solutions
Feb 4 (Reuters) - CDW CDW.O beat fourth-quarter sales and profit estimates on Wednesday, as clients continue to invest in artificial intelligence and cloud adoption.Shares of the Vernon Hills, Illinois-based company rose 4.9% in early trading.The IT solutions provider has benefited from demand for c...Reuters
Wed, Feb 4
Commodities
Norway's Socialist Party backs down from threat to LNG electricity project
OSLO, Feb 4 (Reuters) - Norway's Socialist Party on Wednesday said it has withdrawn its support for proposal that would have deprived Equinor's EQNR.OL Hammerfest liquefied natural gas (LNG) plant of a planned onshore electricity connection.Parliament is due on Thursday to vote on the opposi...Reuters
Wed, Feb 4
Other
Kremlin had advance warning of Xi-Trump phone call, Ifax reports
MOSCOW, Feb 4 (Reuters) - The Kremlin had advance warning that Chinese President Xi Jinping and U.S. President Donald Trump were going to talk by phone on Wednesday, Kremlin spokesman Dmitry Peskov was cited as saying by the Interfax news agency.Russian President Vladimir Putin also spoke to Xi on W...Reuters
Wed, Feb 4
Economic Indicator
-Toronto home sales fall the most in 11 months as economic uncertainty weighs
By Fergal SmithTORONTO, Feb 4 (Reuters) - Greater Toronto Area home sales fell sharply in January and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed on Wednesday.Seasonally adjusted sales dropped 9.9% last month from December ...Reuters
Wed, Feb 4
Economic Indicator
US services sector treads water in January as new orders slow
WASHINGTON, Feb 4 (Reuters) - The U.S. services sector held steady in January, but businesses paid more for inputs, suggesting that services inflation could pick up after being on a slowing trend in recent months.The Institute for Supply Management said on Wednesday its nonmanufacturing purchasing m...Reuters
Wed, Feb 4
Other
Fox beats estimates for quarterly revenue on sports, Tubi strength
By Harshita Mary VargheseFeb 4 (Reuters) - Fox Corp FOXA.O topped Wall Street estimates for quarterly revenue on Wednesday, buoyed by strong advertising demand at its news and sports networks and growth at its ad-supported streaming service Tubi.Demand for Fox's news and sports programming remai...Reuters
Wed, Feb 4
Other
Russia's Lavrov accuses Ukraine's Zelenskiy of putting his own career before a peace deal, RIA reports
MOSCOW, Feb 4 (Reuters) - Russian Foreign Minister Sergei Lavrov on Wednesday accused Ukrainian President Volodymyr Zelenskiy of not wanting to seal a peace deal as it would mean the end of Zelenskiy's political career, Russia's state RIA news agency reported.Zelenskiy has said he does want ...Reuters
Wed, Feb 4
Other
CORRECTED-Law firm Hecker Fink adds Supreme Court vet from O'Melveny
By David Thomas Feb 4 (Reuters) - A New York law firm pressing several legal challenges against U.S. President Donald Trump's administration said Wednesday it has hired a leading U.S. Supreme Court litigator to boost its appellate practice.Jeffrey Fisher, who was a special counsel at much lar...Reuters
Wed, Feb 4
Stocks
Prediction: Joby Stock Could Soar 40% by 2026
Joby Aviation (NYSE: JOBY) is pushing to become the first electric air taxi company to be certified. Manufacturing expansion and early progress suggest real upside, but certification timing and dilution risk make this a high-stakes investment.Stock prices used were the market prices of Jan. 27, 2026...The Motley Fool
Wed, Feb 4
Stocks
NextEra Energy gains on expansion of deal with Xcel Energy
Shares of U.S. utility NextEra Energy NEE.N rises 1.6% to $90.25Company's subsidiary signs a memorandum of understanding (MOU) with Xcel Energy to accelerate the delivery of generation resources to serve large load customers, including data centersMOU represents an expansion of a long-standing c...Reuters
Wed, Feb 4
Commodities
Deals of the day-Mergers and acquisitions
Feb 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: Biotech firm PrimeGen US will go public in the United States through a $1.5 billion deal with blank-check company DT Cloud Star Acquisition DTSQ.O, the companies said. nL4N3Z01EU ...Reuters
Wed, Feb 4
