NEWS

PALO ALTO, Calif. — Tesla Model Y dominated California's new-vehicle sales in the first quarter of 2026 with 22,907 registrations, outselling the second-place Toyota Camry by a commanding 54 percent and leaving traditional rivals in its dust, according to data shared Sunday that prompted a simple but telling one-word reaction from CEO Elon Musk: "Tesla." The strong showing underscores the electric vehicle maker's continued grip on the nation's largest auto market even as broader industry sales softened amid high interest rates and economic uncertainty.

SYDNEY — The S&P/ASX 200 index slipped 0.37 percent to close the midday session at 8,697.5 on Monday, May 4, 2026, extending a recent run of cautious trading as weakness in consumer staples and banking stocks offset modest gains elsewhere amid lingering concerns over oil prices and global geopolitical tensions.

SYDNEY — Australia's fuel supply situation showed signs of stabilization Sunday as the nation held about 46 days' worth of petrol reserves amid ongoing global disruptions, though diesel shortages at service stations and elevated prices continued pressuring households, farmers and truckers in what officials describe as a manageable but serious challenge.

FORT LAUDERDALE, Fla. — JetBlue Airways stepped in to assist thousands of stranded Spirit Airlines customers with $99 one-way rescue fares as the budget carrier's operational troubles left travelers scrambling for alternatives at Fort Lauderdale-Hollywood International Airport. The move comes amid Spirit's ongoing financial restructuring and capacity cuts, creating opportunities for JetBlue to expand aggressively in South Florida while helping affected passengers reach their destinations.

NEW YORK — Nvidia Corp. enters the heart of 2026 as one of the market's most compelling stories, with Wall Street analysts overwhelmingly recommending investors buy shares amid explosive artificial intelligence demand, robust earnings growth and a dominant position in data center chips that shows few signs of slowing.

FORT LAUDERDALE, Fla. — Spirit Airlines, the pioneering ultra-low-cost carrier that transformed budget travel for millions of Americans, appears poised to cease operations as early as this weekend after bailout negotiations collapsed, dealing a potential death blow to the financially troubled airline amid soaring jet fuel prices and repeated bankruptcy filings.

SYDNEY — Qantas and its low-cost carrier Jetstar are extending domestic flight reductions and trimming services to New Zealand as surging jet fuel prices triggered by Middle East disruptions continue to bite, with the airline group warning of up to AU$800 million in additional fuel costs this financial year.

Australian travellers have been warned about travelling to the United Kingdom after the terror threat has been upgraded to "severe."

Syria has claimed that the Australian government "refused to receive" a group of four Australian women and nine children trying to fly to Australia.

SYDNEY — The S&P/ASX 200 index slipped 21 points, or 0.24%, to close the afternoon session at 8,666.0 on Thursday, April 30, 2026, as weakness in mining and resources stocks offset gains in financials and consumer sectors amid mixed global cues and softening commodity prices.

NEW YORK — Tesla Inc. shares slipped 1.18% to $371.58 in midday trading on Wednesday, April 29, 2026, as investors adopted a cautious stance ahead of the electric vehicle maker's first-quarter earnings report and highly anticipated robotaxi event scheduled for later this year.

NEW YORK — Vita Coco Company Inc. shares skyrocketed more than 22% on Wednesday, April 29, 2026, trading around $63 in morning action after the coconut water and functional beverage maker delivered a strong first-quarter earnings beat and raised its full-year guidance, signaling robust consumer demand for healthier drink options.

OMAHA, Neb. — Warren Buffett, the legendary investor who transformed Berkshire Hathaway from a struggling textile mill into a $1 trillion-plus conglomerate, announced his resignation as chief executive officer on Wednesday, ending one of the most remarkable runs in American business history after more than six decades at the helm.

NEW YORK — GameStop Corp. shares traded modestly lower at $24.50 in morning trading on Wednesday, April 29, 2026, down about 2.35% as the meme stock favorite consolidated following recent volatility and ahead of its next earnings report, reflecting a cooling of retail enthusiasm amid broader market caution.

NEW YORK — GE HealthCare Technologies Inc. shares tumbled more than 11% on Wednesday, April 29, 2026, trading around $60.72 in morning action after the medical technology company reported first-quarter results that missed profit expectations and lowered its full-year 2026 guidance, citing tariff impacts, supply chain issues and higher operating costs.

NEW YORK — Wingstop Inc. shares tumbled more than 10% on Wednesday, April 29, 2026, trading around $155.54 in morning action after the chicken-wing chain reported first-quarter results that missed Wall Street expectations on same-store sales growth and issued softer-than-expected guidance for the full year, raising concerns about slowing momentum in a highly competitive restaurant sector.

NEW YORK — Teradyne Inc. shares tumbled more than 17% on Wednesday, April 29, 2026, trading around $314 in morning action after the semiconductor test equipment maker reported a strong first-quarter earnings beat but issued Q2 guidance that fell short of investor expectations, triggering profit-taking and concerns about demand timing.

NEW YORK — The Dow Jones Industrial Average opened lower on Wednesday, April 29, 2026, slipping 48.26 points or 0.098% to 49,093.67 in early trading as investors braced for a critical week of major technology earnings and continued weighing global economic signals amid mixed corporate results and geopolitical developments.

NEW YORK — SoFi Technologies Inc. shares have tumbled nearly 30% year-to-date in 2026, trading around $18.36 as of April 28, despite the fintech company's continued member growth and path toward sustained profitability, leaving investors debating whether the pullback represents a compelling buying opportunity ahead of Q1 earnings on April 29.

SYDNEY — The S&P/ASX 200 showed mixed performance on Wednesday, April 29, 2026, but several individual stocks stood out with impressive gains, led by Codan Ltd which surged more than 15% after issuing a strong profit guidance upgrade that exceeded market expectations.

SYDNEY — Iconic Australian mattress manufacturer A.H. Beard Limited has moved into voluntary administration that operated for more than 125 years in the competitive bedding industry.

As part of his state visit to the United States, King Charles III delivered a speech before Congress and touched on different topics.

SYDNEY — Codan Ltd shares rocketed more than 16% to $42.45 in morning trading on Wednesday, April 29, 2026, after the Australian technology company delivered robust first-half results earlier in the year and analysts highlighted upgraded expectations for full-year earnings driven by exceptional demand for its Minelab gold detectors.

SYDNEY — The S&P/ASX 200 index edged lower in early afternoon trading on Wednesday, April 29, 2026, closing the morning session at 8,701.1 after shedding 9.6 points or 0.11%, as weakness in mining and energy stocks offset gains in financials and consumer sectors amid mixed global cues and ongoing caution over Middle East tensions.

OMAHA, Neb. — Greg Abel will step onto the stage at the CHI Health Center on Saturday, May 2, 2026, for his first Berkshire Hathaway annual shareholder meeting as CEO, marking the end of Warren Buffett's six-decade dominance over the event and ushering in a new era for one of the world's most iconic conglomerates.

NEW YORK — Coca-Cola Co. shares jumped more than 6% to $80.21 in morning trading on Tuesday, April 28, 2026, after the beverage giant reported first-quarter results that topped Wall Street expectations and raised its full-year earnings guidance, driven by resilient global demand for its higher-priced drinks and strong execution in emerging markets.

NEW YORK — AxoGen Inc. shares surged more than 11% on Tuesday, April 28, 2026, climbing to $43.98 in morning trading after the peripheral nerve repair company delivered a strong first-quarter revenue beat, posted adjusted profitability and raised its full-year 2026 guidance while announcing it had become debt-free following a successful public offering.

NEW YORK — Kiniksa Pharmaceuticals International plc shares jumped more than 15% on Tuesday, April 28, 2026, trading around $50.42 in early morning action after the company reported robust first-quarter results that exceeded Wall Street expectations and highlighted continued commercial momentum for its flagship product ARCALYST.

NEW YORK — GameStop Corp. shares traded modestly lower at $25.30 in early trading Tuesday, April 28, 2026, down about 0.47% as the meme stock favorite consolidated following recent gains driven by strong quarterly results, a massive cash reserve and renewed retail investor enthusiasm.