latest news in companies

NOV Inc. Stock Rallies on Revenue Beat Despite Steep Earnings Miss

NOV Inc. Stock Rallies on Revenue Beat Despite Steep Earnings Miss

Houston, Saturday, 7 February 2026.
Investors shrugged off a 56% earnings miss, driving NOV Inc. shares up 3.1% as fourth-quarter revenue of $2.28 billion exceeded expectations amidst stable forward guidance.

FAA Clears SpaceX for Accelerated Crew-12 Launch to Restore ISS Staffing

FAA Clears SpaceX for Accelerated Crew-12 Launch to Restore ISS Staffing

Cape Canaveral, Saturday, 7 February 2026.
Following a medical evacuation that left the International Space Station critically understaffed, NASA and SpaceX are accelerating the Crew-12 launch to February 11, securing FAA approval just days after resolving a Falcon 9 technical anomaly.

AI Power Crunch Drives Tech Giants Toward Nuclear Energy Solutions

AI Power Crunch Drives Tech Giants Toward Nuclear Energy Solutions

San Francisco, Saturday, 7 February 2026.
Major tech firms are pivoting to nuclear energy to satisfy AI’s voracious power appetite, bolstered by new federal environmental exemptions. However, analysts warn of a critical supply gap, projecting that only 10% of the required 90 gigawatts will be available by 2030.

Power Surge Triggers Boil Water Advisory for 95,000 Pennsylvania Customers

Power Surge Triggers Boil Water Advisory for 95,000 Pennsylvania Customers

Pittsburgh, Saturday, 7 February 2026.
A critical infrastructure failure following a power surge has forced Pennsylvania American Water to issue a boil advisory for approximately 95,000 customers in Allegheny and Washington counties. With system pressure compromised, the utility warns of potential contamination risks, creating immediate operational disruptions for households and businesses across the Pittsburgh metropolitan area.

Claude Opus 4.6 Challenges GPT-5.3 with Superior Autonomous Coding

Claude Opus 4.6 Challenges GPT-5.3 with Superior Autonomous Coding

San Francisco, Saturday, 7 February 2026.
Released this week, Opus 4.6 defies lower theoretical benchmarks by outperforming GPT-5.3 in practical application, achieving a perfect score on real-world coding challenges where competitors struggled.

Meta Leverages AI Integration to Drive Record Advertising Efficiency

Meta Leverages AI Integration to Drive Record Advertising Efficiency

Menlo Park, Saturday, 7 February 2026.
Meta’s Advantage+ suite now boasts a $60 billion annual run rate, yielding a striking $4.52 return for every advertiser dollar. This operational efficiency sets a new benchmark for AI monetization in 2026.

Google Urges Immediate Global Action to Secure Data Against Quantum Threats

Google Urges Immediate Global Action to Secure Data Against Quantum Threats

Mountain View, Saturday, 7 February 2026.
Google warns the window to secure global data is closing, urging immediate updates to combat “harvest now, decrypt later” attacks where adversaries steal encrypted secrets today for future decryption.

ARK Invest Reallocates Capital from Coinbase to Bullish During Crypto Downturn

ARK Invest Reallocates Capital from Coinbase to Bullish During Crypto Downturn

New York, Saturday, 7 February 2026.
Cathie Wood executed a precise pivot during the recent market rout, selling $17.4 million of Coinbase to fund a corresponding $17.8 million stake in the Bullish exchange.

Nvidia Rallies as CEO Calls $660 Billion AI Investment Sustainable

Nvidia Rallies as CEO Calls $660 Billion AI Investment Sustainable

Santa Clara, Friday, 6 February 2026.
CEO Jensen Huang’s defense of a $660 billion AI infrastructure boom sparked an 8% rally, adding over $300 billion in market value as he predicted seven more years of growth.

Yum! Brands Reviews Pizza Hut Sale Amid Plans to Close 250 U.S. Locations

Yum! Brands Reviews Pizza Hut Sale Amid Plans to Close 250 U.S. Locations

Louisville, Friday, 6 February 2026.
Yum! Brands is actively exploring the divestiture of its Pizza Hut division, signaling a major strategic shift to optimize its portfolio. This review coincides with the planned closure of approximately 250 underperforming U.S. restaurants in the first half of 2026 under the “Hut Forward” initiative. The decision follows a challenging 2025, where Pizza Hut saw a 5% decline in domestic same-store sales, weighing down the parent company’s otherwise strong performance driven by Taco Bell and KFC. Notably, Yum! has excluded Pizza Hut from its 2026 growth guidance, suggesting a committed path toward separating the legacy brand to focus on its higher-growth assets.