Latest Corporate News News

đź“…February 3, 2026 at 1:00 AM
Global corporate news highlights tech stock growth, AI-driven job cuts at Oracle, fund strategy changes, market volatility, and international manufacturing deals amid mixed economic signals.
1

Appear ASA Reports 105.8% Earnings Surge Post-IPO

Appear ASA, after raising NOK 861.175 million in its recent IPO, saw earnings grow 105.8% year-over-year, outpacing the Communications industry's 20.3%.Source 1 Revenue rose from NOK 452.76 million to NOK 616.33 million in nine months, with projections to NOK 800 million by year-end.Source 1 This reflects strong market confidence in its financial health.Source 1

2

Hacksaw Gaming Joins S&P Global BMI Index with 52% Revenue Growth

Hacksaw Gaming was added to the S&P Global BMI Index, expanding in the U.S. and Australia.Source 1 Revenue jumped 52% to EUR 142.38 million in 2025 from EUR 93.37 million, with net income up 42% to EUR 91.59 million.Source 1 The growth underscores its robust trajectory in gaming tech.Source 1

3

NextVision Stabilized Systems Secures $60M Order, Projects 64% Revenue Jump

NextVision landed a $60 million deal for cameras, with revenue forecasted at $275 million for 2026, up 64% from 2025.Source 1 Annual revenue growth is expected at 28%, earnings at 36.6%, surpassing Israel's market.Source 1 R&D focus drives innovation in stabilized systems.Source 1

4

Oracle Plans Up to 30,000 Job Cuts for AI Infrastructure Push

Oracle may reduce up to 30,000 jobs as it accelerates AI infrastructure amid global tech restructuring.Source 6 This cautious move aligns with broader industry shifts toward AI investment.Source 6 Details on timeline and impacts remain emerging.Source 6

5

National Bank Investments Renames Global Diversified Equity Fund

Effective February 3, 2026, NBI Global Diversified Equity Fund changes name and strategies to match underlying funds.Source 3 Management and administration fees are also reduced.Source 3 The update aims to enhance investment alignment.Source 3

6

S&P 500 Retreats from Highs Amid Low Consumer Confidence

Global markets show mixed signals with S&P 500 pulling back from intraday highs and small-caps lagging.Source 1 Consumer confidence hits a decade-low, prompting focus on high-growth tech stocks.Source 1 Investors eye adaptable firms with strong fundamentals.Source 1

7

Canada and Korea Sign Auto Manufacturing MOU

Canada and South Korea inked a Memorandum of Understanding on automotive manufacturing cooperation.Source 4 The deal fosters joint advancements in the sector.Source 4 It occurs amid discussions on trade and security.Source 4

8

Air India Grounds Boeing Dreamliner Over Fuel Switch Issue

Air India has grounded a Boeing Dreamliner following reports of a fuel control switch malfunction.Source 5 The action prioritizes safety amid ongoing scrutiny of aircraft reliability.Source 5 Operations impact details are pending.Source 5

9

Experts Flag Security Risks in Carney’s Chinese EV Deal

Security concerns rise over Mark Carney’s agreement involving Chinese electric vehicles.Source 4 Experts highlight potential vulnerabilities in supply chains and technology.Source 4 This ties into broader Canada-China economic ties.Source 4

10

NBI Announces Fee Reductions for Equity Funds

National Bank Investments cuts management fees for the renamed Global Diversified Equity Fund effective February 3.Source 3 Changes reflect updated investment processes.Source 3 This benefits investors seeking diversified global exposure.Source 3

11

Philippine Stock Indices Update as of February 3

Manila Times reports latest stock indices amid regional market movements on February 3, 2026.Source 2 Data reflects ongoing volatility in Asian corporate trading.Source 2 Investors monitor for broader global cues.Source 2