COMPANIES

Arm Holdings' shares rose significantly due to strong AI and data center growth, with the company unveiling its first in-house AI chip and reporting robust financial results.

T1 Energy's shares rose 25.94% after a hedge fund disclosed a large investment. The company's strong Q1 results and ongoing projects further boosted investor confidence.

Immunovant's shares rose significantly after reporting positive trial data for IMVT-1402 in rheumatoid arthritis, despite a wider net loss. The promising results highlight potential for deeper IgG reduction.

GameStop shares rose amid volatility, driven by CEO Ryan Cohen's strategic initiatives and potential acquisitions. Analysts remain divided on the company's long-term prospects in a shifting gaming market.

Disney confirms Hulu will continue as a standalone service, despite deeper integration with Disney+. Profile syncing and a unified streaming experience are set to enhance user convenience.

Intuit plans to lay off 17% of its workforce, focusing on AI initiatives. The cuts affect roles globally, with severance packages offered. The move aligns with CEO Goodarzi's strategic vision.

Tesla owners in Shanghai celebrated a group wedding on May 20, 2026, showcasing the brand's cultural integration and appeal among young, affluent Chinese consumers.

Apple plans to launch its first foldable iPhone, possibly named iPhone Ultra, in 2026. The device will feature a book-style design, advanced display technology, and a premium build.

In 2026, several FTSE 100 companies, including AstraZeneca and Rolls-Royce, are leveraging AI for growth, despite the index's limited direct AI representation. These firms illustrate AI's indirect impact on diverse sectors.

Tesla shares fell 1.43% as the company raised Model Y prices amid competitive pressures. Despite challenges, Tesla focuses on AI, robotaxis, and energy storage, with a market cap over $1.2 trillion.

Dunkin' Donuts is offering free coffee to the first 1 million customers at participating U.S. locations on May 19, 2026, celebrating customer loyalty and boosting brand engagement.

After 56 years, the Red Lobster in Tallahassee will close on May 24 due to rising costs and changing consumer habits, marking the end of a local dining era.

Sony is set to refresh its Xperia lineup with the Xperia 1 VIII and Xperia 10 VIII in 2026, featuring advanced camera systems, improved displays, and enhanced battery life.

GameStop's $56 billion bid for eBay reflects Ryan Cohen's transformative strategy, sparking market speculation and retail investor enthusiasm despite eBay's rejection and ongoing challenges in the video game sector.

Alphabet Inc. shares fell due to increased AI competition and slowing digital ad growth, highlighting investor concerns over the company's future performance and market position.

Agilysys Inc. shares rose 29% following strong fourth-quarter results, record revenue, and optimistic fiscal 2027 guidance, highlighting its growth in the hospitality technology sector.

Dunkin' Donuts is offering 1 million free coffees nationwide on May 19, 2026, to celebrate customer loyalty. The promotion is available at participating locations while supplies last.

Dunkin' Donuts is offering 1 million free coffees on May 19, 2026, to celebrate loyal customers and boost foot traffic. The promotion is available at participating U.S. locations while supplies last.

Morgan Stanley analysts outline four potential outcomes after eBay's rejection of GameStop's $56 billion acquisition offer, highlighting strategic implications and investor interest in the unfolding drama.

NVIDIA shares fell slightly due to profit-taking and market dynamics, despite strong AI chip demand and bullish long-term outlook.

Starbucks launches a limited-edition merchandise collection inspired by a beloved character, featuring colourful mugs, tumblers, and plush toys, creating excitement among fans and boosting store traffic.

Intel's stock dipped after Trump criticised a government support deal, amid competitive pressures and market volatility. Despite challenges, Intel's growth prospects in AI and foundry business remain strong.

Sony is returning to console exclusivity for its first-party single-player games, ending its recent strategy of broader PC releases, to strengthen its PlayStation brand and drive hardware sales.

Brady Corporation's shares surged nearly 19% after reporting record earnings, exceeding Wall Street expectations, and announcing a major acquisition of Honeywell's Productivity Solutions and Services business.

LiveRamp Holdings Inc. is being acquired by Publicis Groupe for $2.5 billion, enhancing data and AI capabilities. The deal offers a 30% premium and aligns with evolving advertising trends.

GameStop's shares rose amid speculation over CEO Ryan Cohen's strategy and a $56 billion bid for eBay, highlighting the company's transformation efforts and market volatility.

The Dow Jones Industrial Average hit a record high, driven by strong corporate earnings, AI optimism, and expectations of Federal Reserve rate cuts, despite geopolitical uncertainties.

NextEra Energy's acquisition of Dominion Energy for $67 billion forms the largest regulated electric utility, enhancing capabilities to meet growing electricity demand from AI and data centers.

Apple's MacBook Neo has exceeded sales forecasts, prompting increased production. Its affordability and performance have attracted new customers, challenging competitors and reshaping the entry-level laptop market.