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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.

Disney Q2 Profit Down, Sees Earnings Growth In FY26, FY27; Plans At Least $8 Bln Buyback; Stock Up

May 06, 2026 07:32 ET waltdisney 06052026 lt

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.

U.S. Government Steps Up AI Oversight With New Testing Agreements

May 05, 2026 18:09 ET whitehouse 05052026 lt

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.

Stenocare A/S Q1 Loss Decreases

May 07, 2026 14:05 ET Topstories2 30052024 lt

Stenocare A/S (STENO.CO) revealed Loss for first quarter of -DKK0.12 million The company's bottom line totaled -DKK0.12 million, or -DKK0.01 per share. This compares with -DKK0.18 million, or -DKK0.05 per share, last year. The company's revenue for the period rose 284.6% to DKK3.00 million from...

  • Suominen Oyj Q1 Loss Rises May 07, 2026 13:55 ET

    Suominen Oyj (SUY1V.HE) released Loss for its first quarter of -EUR5.7 million The company's bottom line came in at -EUR5.7 million, or -EUR0.10 per share. This compares with -EUR2.2 million, or -EUR0.04 per share, last year. The company's revenue for the period fell 18.6% to EUR95.6 million from...

  • InCoax Network AB Q1 Loss Widens May 07, 2026 13:52 ET

    InCoax Network AB (INCOAX.ST) announced Loss for its first quarter of -SEK14.61 million The company's bottom line totaled -SEK14.61 million, or -SEK0.11 per share. This compares with -SEK2.50 million, or -SEK0.02 per share, last year. The company's revenue for the period fell 93.7% to SEK1.624...

  • Gabriel Holding A/S H1 Sales Decline May 07, 2026 13:42 ET

    Gabriel Holding A/S (GABR.CO) released earnings for first half of DKK8.5 million The company's earnings came in at DKK8.5 million, or DKK4.5 per share. This compares with DKK8.2 million, or DKK8.7 per share, last year. The company's revenue for the period fell 12.2% to DKK418.7 million from DKK476.8...

  • Schneider Neureither & Partner AG Reports Increase In Q1 Income May 07, 2026 13:35 ET

    Schneider Neureither & Partner AG (SHF.DE) revealed earnings for its first quarter that Increased, from the same period last year The company's earnings totaled EUR10.277 million, or EUR1.42 per share. This compares with EUR4.851 million, or EUR0.67 per share, last year. The company's revenue...

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Gibraltar Swings To Q1 Loss, But Sales Rise; Confirms Outlook; Stock Down 4%

May 07, 2026 08:37 ET rttnewslogo20mar2024 lt

Gibraltar Industries Inc. (ROCK), a provider of products and services for the renewable energy, residential, agtech, and infrastructure markets, on Thursday reported a first-quarter net loss, compared with a profit a year earlier. Shares were down more than 4% in pre-market trading.

Global Economics Weekly Update - April 27 – May 01, 2026

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.

Lyell Records $24 Mln Loss In Q1, Provides Updates On CAR-T Cell Therapies For Cancer Treatment

May 07, 2026 11:47 ET biotech1 18042024 lt

Lyell Immunopharma Inc. (LYEL), a late-stage clinical company, released on Wednesday results from the first quarter, and provided updates on the developing pipeline of drug candidates. The company specializes in next-generation chimeric antigen receptor (CAR) T-cell therapies for the treatment of...

Banca Mediolanum Q1 Profit Rises 13% On Higher Fee, Interest Income

May 07, 2026 14:11 ET earnings1 30052024 lt

Italian banking company Banca Mediolanum S.p.A. (BMED.MI, BNMDF) on Thursday reported higher first-quarter profit, driven by strong growth in fee income and net interest income. Net income increased 13% to 276.2 million euros from 243.3 million euros in the year-ago quarter. Net commission income...

U.S. Construction Spending Climbs More Than Expected In March

May 07, 2026 10:29 ET usconstructionspending 07052026 lt

With an increase in spending on private construction more than offsetting a dip in spending on public construction, the Commerce Department released a report on Thursday showing U.S. construction spending rose by more than expected in the month of March.

  • Cyprus Inflation Climbs To 22-month High May 07, 2026 10:21 ET

    Cyprus' consumer price inflation accelerated in April to the highest level in nearly two years. The consumer price index climbed 2.8 percent year-on-year in April, faster than the 1.2 percent increase in March. Housing and utility costs rebounded 2.7 percent annually after falling 1.9 percent a month ago. On a monthly basis, consumer prices increased 1.7 percent.

  • U.S. Labor Productivity Growth Falls Well Short Of Estimates In Q1 May 07, 2026 09:58 ET

    Labor productivity in the U.S. increased by much less than expected in the first quarter of 2026, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity climbed by 0.8 percent in the first quarter after jumping by a downwardly revised 1.6 percent in the fourth quarter of 2025.

  • U.S. Jobless Claims Rebound Less Than Expected To 200,000 May 07, 2026 09:39 ET

    A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by less than expected in the week ended May 2nd. The Labor Department said initial jobless claims rose to 200,000, an increase of 10,000 from the previous week's revised level of 190,000. Economists had expected jobless claims to climb to 205,000.

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Akamai Technologies Q1 26 Earnings Conference Call At 4:30 PM ET

May 07, 2026 07:01 ET rttnewslogo20mar2024 lt

Akamai Technologies Inc (AKAM) will host a conference call at 4:30 PM ET on May 7, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://www.ir.akamai.com/events/event-details/q1-2026-akamai-technologies-inc-earnings-conference-call To listen to the call, dial...

FMC Corp Agrees To Sell Its India Business To Crystal Crop For $252 Mln

May 07, 2026 08:03 ET rttnewslogo20mar2024 lt

FMC Corporation (FMC), an agricultural sciences company, Thursday announced that it has agreed to sell FMC India Private Limited to Crystal Crop Protection Limited, a crop solutions company in India for $252 million. In July 2025, FMC announced its decision to divest the company's crop protection...

AI Chipmaker Cerebras Launches IPO; Aims For $26.6 Bln Valuation

May 04, 2026 13:55 ET rttnewslogo20mar2024 lt

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...

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