latest news in companies
Amazon Shares Slide as Rising AI Costs Overshadow Strong Cloud Revenue Beat
Seattle, Thursday, 5 February 2026.
Despite Amazon Web Services accelerating to 24% growth, shares tumbled over 7% as investors scrutinized a slight earnings miss and forecasts for aggressive infrastructure spending on artificial intelligence.
CuriosityStream Targets AI Revenue Growth with New Commercial Chief
Silver Spring, Thursday, 5 February 2026.
CuriosityStream pivots toward high-tech revenue streams, tasking industry veteran John Vilade with monetizing its massive factual content library specifically for artificial intelligence model training.
Michigan Files Antitrust Lawsuit Accusing Oil Majors of Suppressing Electric Vehicles
Lansing, Thursday, 5 February 2026.
Michigan accuses oil giants of operating a “cartel” to deliberately suppress electric vehicle technology, filing a federal antitrust lawsuit to combat artificially inflated energy costs and stifled innovation.
Federal Probe Targets Nike Over Alleged Discrimination Against White Workers
Beaverton, Thursday, 5 February 2026.
The EEOC has subpoenaed Nike for records dating back to 2018, investigating allegations that the company’s diversity mandates systematically discriminated against white employees in layoffs and promotions.
Volkswagen Overtakes Tesla as Europe's Leading Electric Vehicle Seller
Wolfsburg, Thursday, 5 February 2026.
JATO Dynamics data reveals a significant market shift: Volkswagen reclaimed Europe’s top EV spot in 2025 with a 56% sales surge, decisively overtaking Tesla, whose registrations plummeted 27% amidst an aging lineup.
Hims & Hers Shakes Up Weight Loss Market with $49 Pill, Pressuring Pharma Giants
San Francisco, Thursday, 5 February 2026.
Hims & Hers disrupted the sector today by launching a $49 compounded oral semaglutide option, causing Novo Nordisk shares to drop 7% while offering a significantly cheaper alternative to Wegovy.
Naqi Logix Targets Post-Touch Computing Era with Strategic Wisear Acquisition
Vancouver, Thursday, 5 February 2026.
Naqi Logix finalized its acquisition of Wisear on January 29, 2026, establishing a European innovation hub. This integration accelerates the commercial scaling of non-invasive neural interfaces, aiming to redefine human-computer interaction.
Jerash Holdings Acquires Jordan Facility to Drive Major Production Expansion
New York, Thursday, 5 February 2026.
Jerash Holdings accelerates growth with a $3.4 million facility acquisition, aiming to add 2,500 jobs and significantly boost manufacturing capacity for major apparel brands by late 2026.
Datavault AI Targets $200 Million Revenue for 2026 Driven by New Licensing Agreements
New York, Thursday, 5 February 2026.
Datavault AI has announced an aggressive $200 million revenue target for fiscal year 2026, underpinned by $49 million in newly secured tokenization contracts. This projection aims to solidify a 1,000 percent growth trajectory from 2024, signaling a major strategic pivot despite recent market volatility.