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Microchip Tech forecasts quarterly profit below estimates as memory shortages bite
Feb 5 (Reuters) - Chipmaker Microchip Technology MCHP.O forecast fourth-quarter profit below Wall Street estimates on Thursday, raising concerns about the impact of a memory-supply crunch on the wider semiconductor industry.Shares of the Chandler, Arizona-based company fell more than 5% in extended ...Reuters
Thu, Feb 5
Other
US steps up aid to Cuba even while choking off fuel supply
By Simon Lewis WASHINGTON, Feb 5 (Reuters) - The U.S. will provide an extra $6 million in humanitarian aid to Cuba, the top State Department aid official said on Thursday, even as Washington has stepped up efforts to block oil supplies to the Caribbean island nation, causing crippling shortages.A...Reuters
Thu, Feb 5
Other
Atlassian raises annual revenue forecast on resilient software spending
Feb 5 (Reuters) - Atlassian TEAM.O raised its fiscal 2026 revenue growth forecast on Thursday, betting on strong spending on its enterprise software services as clients increasingly incorporate artificial intelligence into their businesses. Companies looking to incorporate machine learning and autom...Reuters
Thu, Feb 5
Other
Rithm Property Trust Inc In Feb 2026, Considered A Significant Common Equity Raise To Finance Acquisition Of Commercial Mortgage Assets
Feb 5 (Reuters) - Rithm Property Trust Inc RPT.N:RITHM PROPERTY TRUST INC: IN FEB 2026, CONSIDERED A SIGNIFICANT COMMON EQUITY RAISE TO FINANCE ACQUISITION OF COMMERCIAL MORTGAGE ASSETSRITHM PROPERTY TRUST : DUE TO MARKET CONDITIONS, CO HAS DETERMINED NOT TO RAISE EQUITY CAPITAL OR EFFECT THIS ACQUI...Reuters
Thu, Feb 5
Other
Cizzle Brands Corporation Announces Cwench Hydration As Official Sports Drink Of New York State Amateur Hockey Association Provides Operational Update
Feb 5 (Reuters) - Cizzle Brands Corp CZZL.NLB:CIZZLE BRANDS CORPORATION ANNOUNCES CWENCH HYDRATION AS OFFICIAL SPORTS DRINK OF NEW YORK STATE AMATEUR HOCKEY ASSOCIATION; PROVIDES OPERATIONAL UPDATECIZZLE BRANDS CORP - MANUFACTURING REVENUES EXPECTED TO REACH $85-$95 MILLION ANNUAL RANGE BY 2030CIZZL...Reuters
Thu, Feb 5
Stocks
Molina Healthcare forecasts 2026 profit below estimates as costs weigh; shares slide
Feb 5 (Reuters) - Molina Healthcare MOH.N on Thursday forecast 2026 profit far below Wall Street expectations and said it would exit its traditional Medicare Advantage Part D plans in 2027, triggering a nearly 35% slide in its shares in aftermarket trading.The Long Beach, California-based insurer pr...Reuters
Thu, Feb 5
Other
Forum Energy Technologies Inc - Amends Credit Agreement
Feb 5 (Reuters) - Forum Energy Technologies Inc FET.N:FORUM ENERGY TECHNOLOGIES INC - AMENDS CREDIT AGREEMENT - SEC FILINGFORUM ENERGY TECHNOLOGIES INC - MATURITY DATE EXTENDED TO FEBRUARY 4, 2031 - SEC FILINGFORUM ENERGY TECHNOLOGIES INC - U.S. LETTER OF CREDIT SUBLIMIT INCREASED TO $100 MILLION - ...Reuters
Thu, Feb 5
Stocks
US software stocks slammed on mounting fears over AI disruption, lose $1 trillion in week
S&P 500 software and services index on track to shed $1 trillion in market value since January 28ServiceNow, Salesforce down after sharp falls earlier this weekOverseas tech stocks mixed: LSEG up, Wipro flat By Medha Singh and Saqib Iqbal Ahmed Feb 5 (Reuters) - Shares of U.S. software and da...Reuters
Thu, Feb 5
Other
TD Bank - Expects $7 Million Catastrophe Claims After Reinsurance To Reflect In Wealth Management & Insurance Segment Q1 Results
Feb 5 (Reuters) - Toronto-Dominion Bank TD.TO:TD BANK - EXPECTS $7 MILLION CATASTROPHE CLAIMS AFTER REINSURANCE TO REFLECT IN WEALTH MANAGEMENT & INSURANCE SEGMENT Q1 RESULTSReuters
Thu, Feb 5
Other
Grupo Aeroportuario Del Pacifico Reports A Passenger Traffic Decrease In January 2026 Of 2.2% Compared To 2025
Feb 5 (Reuters) - Grupo Aeroportuario del Pacifico SAB de CV GAPB.MX:GRUPO AEROPORTUARIO DEL PACIFICO REPORTS A PASSENGER TRAFFIC DECREASE IN JANUARY 2026 OF 2.2% COMPARED TO 2025Reuters
Thu, Feb 5
Economic Indicator
Deal in Tom Goldstein's tax fraud trial spares journalist Toobin from testifying
By Mike Scarcella WASHINGTON, Feb 5 (Reuters) - Jurors at the criminal tax trial of Thomas Goldstein on Thursday heard key parts of an interview he gave to legal affairs journalist Jeffrey Toobin, whose news article profiling the former U.S. Supreme Court lawyer explored his side career as a high...Reuters
Thu, Feb 5
Other
MGM Resorts beats quarterly profit estimates on steady sports betting business
Feb 5 (Reuters) - Casino operator MGM Resorts International MGM.N reported fourth-quarter profit above Wall Street estimates on Thursday, driven by strong performance in its online sports-betting business.Sports betting in the United States has gained traction, driven by increasing state-level legal...Reuters
Thu, Feb 5
Economic Indicator
Camden Property forecasts full-year core funds from operations below estimates as lease rates slide
Feb 5 (Reuters) - Real estate investment trust Camden Property CPT.N forecast full-year funds from operations below analysts' estimates on Thursday, as the company grappled with falling new lease rates and tepid property revenue growth.Real estate investment trusts are bracing for a challenging ...Reuters
Thu, Feb 5
Other
Olympics-Ice hockey-Jarvis replaces injured Point on Canada men's roster
By Amy TenneryMILAN, Feb 5 (Reuters) - Carolina Hurricanes forward Seth Jarvis will replace injured centre Brayden Point on the Canadian men's Olympic ice hockey roster in Milano Cortina, the Canadian Olympic Committee and Hockey Canada said on Thursday.Point, who won the Stanley Cup with the Ta...Reuters
Thu, Feb 5
Other
Trump administration names 33 new immigration judges, most with military backgrounds
By Nate Raymond Feb 5 (Reuters) - The Justice Department has hired 33 new immigration judges, including 27 temporary ones, after firing or pushing out more than 100 others as the Trump administration seeks out new recruits to serve as what it dubs "deportation judges."The Justice Departme...Reuters
Thu, Feb 5
Other
Olympics-Speed skating-Confident American Stolz sets sights on glory in Milan
By Pearl Josephine Nazare and Rory Carroll MILAN, Feb 5 (Reuters) - Jordan Stolz heads into the Milano Cortina Olympics with supreme confidence, the American speed skating phenomenon rating himself "95%" ready on Thursday as he prepares to launch his gold quest.The 21-year-old arrives in ...Reuters
Thu, Feb 5
