New York stocks jump as chipmakers drive rally

 

U.S. equities opened sharply higher on Wednesday, extending a technology-led rally that has pushed major indexes to fresh all-time highs. Advanced Micro Devices surged about 18% in premarket trading after reporting solid earnings, while Walt Disney gained roughly 4%, helping lift broader sentiment. The PHLX Semiconductor Index has broken into...

Pakistan readers urged to fund Guardian independence

 

Pakistan – In a fundraising appeal directed at readers in Pakistan, the Guardian explains that its journalism relies primarily on voluntary reader contributions rather than the backing of a billionaire owner or dependence on intensive advertising. The organisation says this reader-funded model is central to protecting its editorial independence, because...

Studio City launches conditional tender and notes offering

 

MACAU — On May 6, 2026, Studio City Company Limited announced a conditional cash tender offer for its outstanding 7.00% senior secured notes due 2027 and simultaneously proposed an international offering of new senior secured notes through its subsidiary structure; the company issued an Offer to Purchase and related offering...

Industry Advances AI Integration Across Business and Government

 

San Francisco and Paris — Aircall announced it acquired Vogent to strengthen its AI Voice Agent technology, aiming to improve speech models, turn-taking, and live-call behavior. On May 6, 2026, ModelOp was listed in Forrester's Responsible AI Solutions landscape, and on May 7, 2026, ServiceNow Vice Chairman Nick Tzitzon addressed...

Nasdaq Companies Announce Dividends, Webcast, AI Progress

 

United States: This week Nasdaq-listed firms issued corporate announcements signaling product advancement, shareholder returns and leadership change. On May 5, AIxCrypto reported Agentir in final testing and engagement at Bitcoin 2026; MarketWise declared a $0.25 regular and $0.20 special dividend. On May 6, PDS Biotech scheduled a May 13 investor...

Delta to end snacks on shortest domestic flights

 

Atlanta — Delta Air Lines said it will discontinue complimentary snacks and beverages on flights under 350 miles beginning May 19, affecting Main Cabin and Delta Comfort+ customers. First-class passengers will continue to receive full snack and drink service on all routes. The carrier said the change will touch roughly...

Major corporate disclosures and financings announced May 5, 2026

 

Jersey City, N.J. — On May 5, 2026, GD Culture Group’s board received a preliminary non-binding proposal dated May 1 from Wealthy Concord Limited and East Valley Technology Limited to acquire outstanding shares for US$10.75 per share, representing significant premiums to recent trading levels; other U.S. companies also issued financial...

U.S. Firms Release Quarterly Results, Mixed Operational Signals

 

United States: Between May 5 and May 6, 2026, Avista Corp., Jack Henry & Associates, DaVita Inc., and SolarEdge Technologies each reported quarterly financial results for periods ending March 31, 2026. Avista announced GAAP net income of $92 million and confirmed 2026 non-GAAP utility earnings guidance; DaVita published $3.416 billion...

Investec Files Multiple Form 8.5 Disclosures This Week

 

United Kingdom: This week Investec Bank plc filed multiple Form 8.5 disclosures under Rule 8.5 of the Takeover Code, reporting public dealings on May 1 and May 5, 2026, in relation to Gamma Communications Plc, NCC Group plc and Advanced Medical Solutions Group plc. The filings list Investec as joint...

Musk settles SEC case with $1.5 million penalty

 

Washington — Elon Musk agreed this week to settle a U.S. Securities and Exchange Commission civil lawsuit by having a trust in his name pay a $1.5 million civil penalty, the parties disclosed in federal court in early May 2025. The SEC had alleged an 11-day delay in disclosing Musk’s...