Microsoft Corporation (MSFT) introduced Majorana 2, a next-generation topological quantum chip developed with support from its agentic AI system, Microsoft Discovery. According to the company, the new chip features an improved materials stack that delivers a 1,000-fold increase in qubit reliability...
State Street Corp. (STT) announced the signing of a Memorandum of Understanding with Jadwa Investment, an investment management and advisory firm in the Middle East. The agreement sets the stage for a strategic collaboration in the Sultanate of Oman, where the two firms will jointly identify and develop...
AmperCap Acquisition Company (APMCU) said that it has priced its initial public offering of 12.500 million units at $10 per unit. The units are expected to be listed on The Nasdaq Stock Market LLC and begin trading on June 3, under the ticker symbol "APMCU." The offering is expected to close on June...
Keystone Acquisition Corp. (KEYYU) on Tuesday announced the pricing of its initial public offering of 25 million units at $10 per unit. The offering is expected to close on Thursday. The gross proceeds from the offering are expected to be $250 million. The company said that each unit consists...
Applied Aerospace & Defense, Inc. (AADX) on Tuesday announced the pricing of its initial public offering of 32.5 million shares of common stock at $20 per share. The offering is expected to close on Thursday. The company granted the underwriters a 30-day option to purchase up to an additional...
Astera Labs Inc. (ALAB) announced a major expansion of its Taiwan operations and Cloud-Scale Interop Lab. This move strengthens the company's engineering and operational footprint while deepening strategic collaboration with customers and ecosystem partners in one of the world's most critical semiconductor...
Yum! Brands Inc. (YUM) announced that its Chief Operating Officer and Chief People & Culture Officer,Tracy Skeans, plans to retire after more than 25 years with the company. Skeans will remain in her current role through late this year, after which she will move into an advisory position. Skeans'...
Texas Instruments Inc. (TXN) announced that it has appointed Julie Knecht as chief financial officer, effective August 1, 2026. Knecht succeeds Rafael Lizardi, who will retire after 25 years with the company. Lizardi will provide continued support in an advisory role until August 31, 2026, to facilitate...
Shopify Inc.(SHOP, SHOP.TO), a Canadian e-commerce company, announced that its Board of Directors has authorized an additional $3 billion for the repurchase of Class A subordinate voting shares, bringing its aggregate repurchase authorization to $5 billion. As of June 1, 2026, Shopify has repurchased...
Wall Street was able to shake off early weakness and find modest gains on Tuesday, with each of the three major averages hitting record closing highs for the third day in a row. The Dow added 228.91 points or 0.45 percent to finish at 51,307.79, while the NASDAQ rose 7.09 points or 003 percent to...
Stocks continue to show a lack of direction during trading on Tuesday but have maintained the positive bias seen over the two previous sessions. While buying interest seems somewhat subdued, the major averages have all moved to the upside on the day. Currently, the major averages are posting modest...
Irish ultra-low-cost airline Ryanair Holdings plc (RY4C.DE, RYA.L, RYA.IR) on Tuesday condemned today's illegal wildcat strike by Belgian ATC controllers, which unfairly forced the short notice cancellation of 100 Ryanair flights to and from Charleroi and Zaventem Airports, disrupting almost 20,000 passengers. The...
Retailer Dollar General Corp. on Tuesday lifted fiscal 2026 profit view following higher first-quarter results. Further, the firm maintained annual sales growth view. Todd Vasos, CEO of Dollar General, said: "Our topline results were highlighted by positive customer traffic and balanced category growth,...
Gilead Sciences, Inc. (GILD) announced Tuesday positive results from a Phase 3 study in people with primary biliary cholangitis (PBC), showing that treatment with Livdelzi (seladelpar) led to significantly more patients achieving normalization of alkaline phosphatase (ALP). ALP is a key liver marker...
British Paralympic sprinter and surgeon John McFall is set to become the first physically disabled astronaut to enter the aerospace. John, an NHS surgeon who lost his right leg in a motorcycle accident at the age of 19, was selected by the European Space Agency in 2022 for its ground-breaking Fly! Project, which is pioneering the inclusion of astronauts with physical disabilities in long-duration
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.