February 2026 - Page 10 of 11

Google Surges Ahead in AI Race, Overtaking OpenAI

Alphabet has emerged as Wall Street’s AI frontrunner, a sharp reversal from a year ago when investors viewed Google as lagging behind rivals led by OpenAI. The shift follows a series of

05/02/2026

AI

Shell Misses Q4 Profit Forecast but Maintains Aggressive Buybacks

Shell fell short of fourth-quarter profit expectations as weaker oil prices weighed on results, but the energy major kept its share buyback programme intact, easing concerns over shareholder returns. Adjusted net profit

05/02/2026

Finance

Russia’s Oil and Gas Revenues Slump to Post-Pandemic Low

Russia’s oil and gas revenues fell by nearly half in January from a year earlier, dropping to their lowest level since July 2020, according to data from the country’s finance ministry. The

04/02/2026

Economy

Gold Surges as U.S.–Iran Tensions and Fed Fears Spark Safe-Haven Rush

Gold extended its rally on Wednesday, adding to its strongest daily gain in 17 years, as investors sought safe-haven assets amid renewed U.S.–Iran tensions and mounting concerns over U.S. monetary policy independence.

04/02/2026

Finance

AI Shockwaves Rattle Global Software Stocks After Anthropic Breakthrough

Global software stocks came under renewed pressure on Wednesday as a sharp selloff spread from Europe and the United States into Asia, driven by growing fears that rapid advances in artificial intelligence

04/02/2026

AI

Musk’s SpaceX–xAI Merger Pushes AI Data Centers Toward Orbit

Elon Musk’s decision to merge SpaceX and xAI has reignited a long-standing sci-fi vision: shifting energy-hungry AI computing off Earth and into space. Once the realm of futurists, orbital data centers are

04/02/2026

AI

Novo Nordisk Shares Sink as CEO Warns of Deeper Pain Ahead

Novo Nordisk shares plunged after the drugmaker unexpectedly pre-released its 2026 outlook, catching markets off guard just as signs of recovery were emerging. The move triggered a sharp sell-off and reignited concerns

04/02/2026

Finance

Anthropic AI Tools Rattle India’s IT Sector as Automation Fears Spark Selloff

Shares of India’s IT exporters slid sharply on Wednesday, with the NIFTY IT index falling 6.3% as investors reacted to AI-driven disruption risks sweeping the global software industry. The decline followed the

04/02/2026

Technology

China’s Comac Emerges as a New Challenger to Boeing and Airbus in Asia

At the Singapore Airshow, amid scale models and mock cockpits from the world’s biggest manufacturers, one exhibitor is drawing growing attention: Comac, China’s state-owned aircraft maker. Comac has made notable progress since

04/02/2026

Technology

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Nvidia is close to finalizing a deal to invest around $20 billion in OpenAI as part of the AI company’s latest funding round, according to a source familiar with the matter. OpenAI,

04/02/2026

Technology