BUSINESS

Firefly Aerospace's shares rose over 20% due to its expanding role in national security programs and strong demand for space infrastructure solutions, driven by contract wins and advancements in lunar and orbital programs.

Modine Manufacturing's shares rose over 24% following a $4 billion multi-year agreement with a data center client, highlighting its pivotal role in AI infrastructure and boosting investor confidence.

Redwire Corporation's shares jumped over 23% due to new defense contracts and positive analyst reviews, highlighting its growth in the space and national security sectors.

GameStop proposes a $56 billion acquisition of eBay, aiming to create a powerful retail entity. The move, led by CEO Ryan Cohen, has sparked speculation and market volatility.

The Dow Jones Industrial Average rose nearly 195 points as investors welcomed progress in U.S.-Iran peace talks, boosting market sentiment and stabilising global energy markets.

Micron Technology shares surged over 13% following a UBS analyst upgrade, highlighting strong demand for AI-driven memory chips and strategic supply agreements, boosting investor confidence in the company's growth.

Pending home sales in the US rose 1.4% in April, defying expectations amid high mortgage rates. This unexpected increase prompts debate on real estate's reliability as a wealth-building strategy.

A comprehensive guide to the top prop firms in Australia for 2026. Compare evaluation models, challenge rules, profit splits, and payout structures to find your best fit.

US military strikes in Iran have caused volatility in global oil markets, with Brent crude rising and WTI falling. The situation underscores the sensitivity of energy markets to Middle East tensions.

Kuwait International Airport is operational with phased recovery efforts. Terminals 4 and 5 are active, while Terminal 1 remains under repair. Travellers should check airline updates for changes.

Rockstar Games will start marketing 'GTA 6' this summer, with a confirmed release date of November 19. The game is expected to be a major commercial success.

Fisher & Paykel Healthcare's shares rose over 9% following strong full-year results, driven by global demand for respiratory care products and strategic growth initiatives.

Apple plans to launch its first foldable iPhone, possibly named iPhone Ultra, in 2026. The device promises advanced features, a premium price, and aims to set new benchmarks in the foldable market.

Australian households will see reduced electricity costs from July 1 as regulators cut default market offer prices, providing relief amid global energy market volatility due to Middle East tensions.

Australian shares fell as the S&P/ASX 200 index closed at 8,665.1, down 0.31%, amid geopolitical tensions, rising oil prices, and higher global bond yields, affecting various sectors differently.

Blake Lively and Ryan Reynolds face $2.1 million in contractor liens on their eco-friendly Lewisboro estate, highlighting the complexities of celebrity construction projects.

Metronet experienced scattered outages on Memorial Day, affecting customers in the Midwest. The disruptions, linked to maintenance and technical issues, highlighted the challenges of maintaining reliable internet service.

The NYSE and Nasdaq are closed for Memorial Day 2026, aligning with federal holidays. This pause offers market participants a break amid rising Treasury yields and volatile equities.

Treasury yields have surged to levels not seen in nearly two decades, raising borrowing costs for American consumers and impacting mortgages and auto loans amid inflation and fiscal concerns.

Target and Publix will be open on Memorial Day 2026, providing convenient access to groceries and holiday essentials. Shoppers are advised to check local store hours for any variations.

Japan's Nikkei 225 index surged over 2.8% to a record high, driven by optimism over U.S.-Iran negotiations and strong tech earnings, reflecting improved global risk sentiment.

Walmart and Costco will operate on Memorial Day 2026, maintaining regular hours. Shoppers are advised to check specific store details online.

Commonwealth Bank shares fell 0.65% on May 22, 2026, amid mixed trading in the banking sector and ongoing economic uncertainty, with analysts maintaining a positive outlook on the stock.

Intel's Q1 2026 results show a 7% revenue increase, driven by AI and data center growth, amid ongoing restructuring and market volatility.

The S&P/ASX 200 index rose by 0.54% on May 25, 2026, driven by strong performances in mining and financial stocks, amid mixed global cues and positive domestic corporate updates.

Navitas Semiconductor's shares rose nearly 20% due to investor interest in AI data center solutions, with Q1 2026 revenue up 18% and strategic focus on high-power markets.

Australia is addressing fuel supply challenges due to Middle East disruptions, securing shipments from Asia and implementing measures to mitigate potential shortages and economic impacts.

Boeing and Airbus show contrasting performances in 2026, with Boeing facing recovery challenges and Airbus benefiting from a strong order backlog and production ramp. Analysts provide mixed ratings for both companies.

NetApp's shares rose 12.44% after reporting strong Q4 2026 results, driven by AI-optimised storage solutions and cloud growth, with revenue up 8% year-over-year.