Business 4 February 2026 - 10 February 2026

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock
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LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock

LegalZoom.com traded lower in premarket Wednesday, with the stock near $6.53 as investors prepared for the company’s annual meeting. Shares have had trouble translating stronger sales into better numbers on the bottom line. The latest price was off 14.5 cents from Tuesday’s close, giving LegalZoom a market cap near $1.16 billion. The timing sets the scene. U.S. markets are open as usual, and Nasdaq’s 2026 holiday list shows the next full day off is Juneteenth, June 19. LegalZoom’s shareholder meeting is scheduled for later in the day, not on a weekend or holiday.
June 3, 2026
EU clears Google’s $32 billion Wiz buyout, lifting a key hurdle in cloud-security race
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EU clears Google’s $32 billion Wiz buyout, lifting a key hurdle in cloud-security race

Brussels, 10 February 2026, 18:23 Alphabet’s Google secured unconditional EU antitrust approval on Tuesday for its $32 billion buyout of cloud security company Wiz, removing a key obstacle for its largest deal so far. The European Commission confirmed the acquisition poses no competition issues. https://www.reuters.com/world/google-secures-eu-antitrust-approval-32-billion-wiz-acquisition-2026-02-10/
February 10, 2026
Apple and Google strike UK CMA app-store deal — what changes for developers
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Apple and Google strike UK CMA app-store deal — what changes for developers

Apple and Alphabet’s Google have offered commitments to Britain’s Competition and Markets Authority to make the App Store and Play Store more transparent and predictable for UK app developers. The CMA said the proposals cover app reviews, rankings and use of developer data, alongside new steps aimed at improving access to Apple’s tools on iOS. The package is the first set of changes the regulator has secured since the UK’s digital markets competition regime took effect in January 2025 under the Digital Markets, Competition and Consumers Act. Under the regime, the CMA can designate a firm with “strategic market status” — its label for substantial, entrenched market power — and then set tailored rules to curb unfair practices.
February 10, 2026
Takeda’s $1.7 billion AI drug discovery deal with Iambic: what’s inside the pact
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Takeda’s $1.7 billion AI drug discovery deal with Iambic: what’s inside the pact

Takeda Pharmaceutical has inked a multi-year deal with Iambic, a private company, to apply AI in small-molecule drug discovery. The agreement could top $1.7 billion in milestone payments and includes royalties on sales. As part of the partnership, Takeda will also gain access to Iambic’s NeuralPLexer software. Reuters Drugmakers are pouring funds into AI tools designed to accelerate early research and trim expenses. These systems focus on identifying which compounds merit development and testing—a critical phase that often consumes years and significant budgets.
February 9, 2026
Tesla’s next big bet: Hiring surge for Musk’s 100GW U.S. solar plan
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Tesla’s next big bet: Hiring surge for Musk’s 100GW U.S. solar plan

Tesla is ramping up hiring tied to Elon Musk’s plan to build 100 gigawatts of domestic solar manufacturing by the end of 2028, according to posts by senior executives and a job listing. The push matters now because Tesla is leaning harder on its energy business as its electric-vehicle sales slow, and as electricity demand rises from data centers linked to the expansion of artificial intelligence, Musk has said.
February 8, 2026
Amazon stock sinks after $200 billion AI capex plan spooks investors
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Amazon stock sinks after $200 billion AI capex plan spooks investors

Amazon shares dropped roughly 9% on Friday after the company revealed plans to shell out around $200 billion in 2026, sparking concerns over how fast artificial intelligence investments will turn profitable. This spending, called capital expenditures or capex, includes costs for data centers, chips, and other hardware. Amazon’s forecast joins a broader surge in AI spending among U.S. tech giants, with plans to dump over $630 billion into data centers and AI chips this year. While investors anticipated higher capex, these numbers are steering the cloud giants—often dubbed hyperscalers for their vast computing infrastructures—toward a much heavier capital investment approach.
February 6, 2026
Sunwoda settles Geely unit Vremt battery lawsuit, flags up to $115 million profit hit
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Sunwoda settles Geely unit Vremt battery lawsuit, flags up to $115 million profit hit

BEIJING, Feb 7, 2026, 03:20 Sunwoda Electronic’s subsidiary has settled a lawsuit with Vremt, the battery division of automaker Geely, over claims of defective EV battery cells. The Chinese lithium-ion battery maker now expects to cut its 2025 net profit by 500 million to 800 million yuan, down from the 2.31 billion yuan claim it revealed last December. https://www.reuters.com/world/asia-pacific/chinese-battery-maker-sunwoda-settles-lawsuit-with-geelys-battery-unit-2026-02-06/?utm_source=chatgpt.com
February 6, 2026
Six-month waits: Intel and AMD warn China customers of server CPU delays as AI demand bites
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Six-month waits: Intel and AMD warn China customers of server CPU delays as AI demand bites

Intel and AMD have alerted their customers in China to expect longer delays for server CPUs, with Intel flagging some shipments could stretch to six months, according to sources familiar with the notices. This bottleneck has pushed Intel server CPU prices in China up by more than 10% in many cases, one source told Reuters. https://www.reuters.com/world/china/intel-amd-notify-customers-china-lengthy-waits-cpus-2026-02-06/ The warnings highlight that the race to build AI data centres is straining more than just the specialized chips powering AI models. CPUs, or central processing units, handle most server tasks and are found in nearly every data-centre machine.
February 6, 2026
Chip sales seen topping $1 trillion in 2026 as AI data-center spending keeps demand hot
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Chip sales seen topping $1 trillion in 2026 as AI data-center spending keeps demand hot

Global semiconductor sales reached $791.7 billion in 2025 and are expected to climb to around $1 trillion in 2026, the Semiconductor Industry Association reported Friday. “Global sales in 2026 are projected to reach roughly $1 trillion,” said SIA president and CEO John Neuffer. Hitting $1 trillion is a huge psychological milestone for an industry embedded in nearly every modern product, from phones to cars to cloud servers. This comes as tech firms continue investing heavily in new data centers to power AI software—a push that's beginning to squeeze parts supply.
February 6, 2026
Sony lifts forecast after record profit as PS5 sales slide and sensors surge
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Sony lifts forecast after record profit as PS5 sales slide and sensors surge

Sony posted a record quarterly operating profit on Thursday, driven by gains in its image sensor and music units, despite a drop in PlayStation 5 hardware sales. Operating profit climbed 22% to 515 billion yen, beating the average analyst forecast by roughly 9%, according to LSEG data. The company also raised its full-year operating profit forecast by 8%, now expecting 1.54 trillion yen. These figures are crucial as Sony pushes to prove it’s not reliant on just one business sector. Over the years, the company has expanded its entertainment reach, yet its stock price has dipped lately amid doubts about what will fuel future growth.
February 5, 2026
OpenAI launches Frontier AI agent platform for businesses — early users include State Farm and Uber
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OpenAI launches Frontier AI agent platform for businesses — early users include State Farm and Uber

On Thursday, OpenAI introduced Frontier, a new service aimed at helping companies create and manage AI agents—software that can perform tasks like fixing software bugs—as part of its broader effort to attract business clients. Fidji Simo, OpenAI’s CEO of applications, described the platform as an “intelligence layer” designed to simplify agent deployment for enterprises. The timing highlights a change within major companies: pilots and demos are being replaced by systems handling actual data and workflows. This shift raises urgent questions — who the software can represent, what data it can reach, and how managers monitor errors.
February 5, 2026
SpaceX’s Starlink phone idea surfaces as IPO plans and new services take shape
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SpaceX’s Starlink phone idea surfaces as IPO plans and new services take shape

SpaceX is gearing up to expand its Starlink lineup with new products that could deepen its foothold in telecom and space services. Among the rumored launches: a Starlink-connected phone, direct-to-device internet, and a space-tracking service, according to sources close to the company. These moves come as SpaceX prepares for an anticipated IPO later this year. https://www.reuters.com/business/media-telecom/starlink-fuels-spacex-growth-with-potential-phone-more-internet-services-2026-02-05/?utm_source=chatgpt.com The push is crucial since Starlink has become the revenue engine fueling SpaceX's progress. Two insiders revealed the company pulled in roughly $8 billion in profit last year, on revenues between $15 billion and $16 billion, with Starlink making up somewhere between 50% and 80% of that haul.
February 5, 2026
Amazon AWS CEO says space data centers are ‘pretty far’ off as Musk bets on orbital AI
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Amazon AWS CEO says space data centers are ‘pretty far’ off as Musk bets on orbital AI

Amazon Web Services CEO Matt Garman dismissed the concept of orbital data centers—essentially server farms in space—as “pretty far” from being feasible. He highlighted the high costs tied to rocket payload limits and launch expenses, calling the idea “just not economical.” The surge in AI is ramping up demand for computing power and cooling, putting pressure on land-based data centers and the power grids that support them. This strain is driving cloud companies and startups to explore alternatives, such as deploying hardware in orbit, where issues like land scarcity and heat dissipation might be less problematic.
February 4, 2026
Uber stock slides as profit outlook misses, CFO exit and robotaxi push grab attention
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Uber stock slides as profit outlook misses, CFO exit and robotaxi push grab attention

SAN FRANCISCO, Feb. 4, 2026, 09:14 PST Shares of Uber Technologies dropped about 5% on Wednesday after the company projected first-quarter adjusted profits that fell short of expectations. The ride-hailing giant is doubling down on a costly push to integrate robotaxis into its platform, a move investors seem wary of. https://www.reuters.com/business/autos-transportation/uber-forecasts-profit-below-estimates-cheaper-rides-boost-trips-hurt-margins-2026-02-04/?utm_source=chatgpt.com
February 4, 2026
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