Instructure (INST), the company behind the popular Canvas platform, has confirmed a serious cyberattack connected to the hacking group ShinyHunters, which has led to the exposure of data for millions of students and educators around the globe.
The Center for AI Standards and Innovation has teamed up with major tech companies like Google DeepMind, Microsoft, and xAI, allowing the U.S. government to review AI models before they hit the market.
Chevron Corp. (CVX) CEO Mike Wirth has raised alarms about possible global oil shortages after the Strait of Hormuz was closed, a vital shipping lane for crude oil.
Amazon Inc. (AMZN) has rolled out Amazon Supply Chain Services, expanding its logistics capabilities to businesses across various fields.
James Murdoch is currently in talks to buy assets from Vox Media, which includes New York magazine and its podcast division. This deal could total more than $300 million, according to some insiders.
Walt Disney Co. reported Wednesday lower net profit in its second quarter, while segment operating income increased with higher revenues. Further, the media and entertainment major updated its fiscal 2026 outlook, and maintained fiscal 2027 earnings growth view. The company also said it is targeting at least $8 billion in share repurchases in fiscal 2026.
Fluence Energy, Inc. (FLNC) shares jumped 33.08 percent to $25.25, up $6.28 on Friday, possibly after yesterday's news as the company reported improved second-quarter results with narrowing losses and higher revenue.
MercadoLibre, Inc. (MELI) shares dropped 11.38 percent to $1,657.29, down $212.72 on Friday, after the company reported lower first-quarter profit despite strong revenue growth.
Keppel DC REIT (KPDCF), a pure-play data center REIT company, Friday confirmed the occurrence of a fire in its Almere Data Centre in the Netherlands. No injuries have been reported. Further, the company said fire had been put out. The REIT confirmed that the fire occurred on May 7 morning CET in the...
Modern card issuing platform Marqeta, Inc. (MQ) Thursday announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026. Strozek has been working with LendingClub Corp., as CTO responsible for the engineering, product, and data organizations. He is a technology executive...
First Pacific Bancorp (FPBC) announced earnings for first quarter that Dropped, from the same period last year The company's bottom line came in at $0.452 million, or $0.10 per share. This compares with $0.558 million, or $0.13 per share, last year. The company's revenue for the period fell 1.0%...
Artiva Biotherapeutics, Inc. (ARTV) on Friday announced positive initial data from ongoing studies evaluating its cell therapy candidate AlloNK in combination with rituximab for patients with autoimmune diseases. The company's shares were up more than 10% in pre-market trading.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.
Traws Pharma Inc. (TRAW), a clinical-stage biopharmaceutical company, on Friday announced plans to advance potential clinical candidates for the treatment and prevention of Hantavirus infections. Following the announcement, shares are up over 20% in the pre-market. Traws specializes in the manufacture...
Progyny Inc. (PGNY) reported on Thursday the first-quarter financial results and provided an updated outlook for the second quarter and full year 2026. The company specializes in providing women's health and family-building solutions, utilizing education and digital tools alongside a network of health...
This week's biotech roundup features the FDA's path forward for Atara's tab-cel, Arvinas' first-in-class PROTAC approval, and Incyte's Jakafi XR securing a regulatory nod. The week also saw Novartis announcing a site closure, Roche striking a $750 million PathAI deal, and Angelini agreeing to buy Catalyst...
While reporting financial results for the first quarter on Friday, Oshkosh Corp. (OSK) maintained its earnings, adjusted earnings and net sales guidance for the full-year 2026. For fiscal 2026, the company continues to project earnings of $10.90 per share and its adjusted earnings of $11.50 per share...
Slovakia's industrial production decreased for the second straight month in March. Industrial production fell 0.9 percent year-on-year in March, slower than the 2.9 percent decline in February. The overall industrial performance was most significantly affected by lower manufacture of motor vehicles and a marked decline in manufacture of petroleum products.
Consumer sentiment in the U.S. has deteriorated by more than anticipated in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 48.2 in May from 49.8 in April. Economists had expected the index to edge down to 49.3.
A closely watched report released by the Labor Department on Friday showed much stronger than expected U.S. job growth in the month of April. The Labor Department said non-farm payroll employment shot up by 115,000 jobs in April after surging by an upwardly revised 185,000 jobs in March. Economists had expected employment to climb by 63,000 jobs.
Portugal's foreign trade shortfall increased in March from a year ago as imports grew faster than exports. The trade deficit rose to EUR 2.9 billion in March from EUR 2.5 billion in the same month last year. Exports climbed 10.6 percent year-over-year in March, and imports were 11.6 percent higher.
Reinsurance Group of America Inc (RGA) will host a conference call at 10:00 AM ET on May 8, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://investor.rgare.com/news-events/events To listen to the call, dial 1-844-481-2753 or (412-317-0669 international).
Friday, Telephone and Data Systems, Inc. (TDS) announced its first-quarter financial results, reporting a net income from continuing operations to common shareholders of $146.6 million, or $1.11 per share, compared with a net loss of $5.9 million, or $0.20 per share, in the prior year. Total operating...
AI chipmaker Cerebras Systems announced it has launched its initial public offering, aiming to raise up to $3.5 billion. The company plans to offer 28 million shares priced between $115 and $125 each. It also expects to grant underwriters a 30-day option to purchase up to an additional 4.2 million...