Insulet Beats Q1 Earnings, Raises 2026 Outlook on Omnipod Momentum
Insulet exceeded Q1 earnings expectations with $1.42 EPS and $761.7M revenue, raising its 2026 sales outlook to $3.277-$3.331B driven by strong Omnipod platform growth.
economy
Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
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Samsung expands One UI 8.5 rollout to additional Galaxy devices
Samsung is expanding One UI 8.5 availability to additional Galaxy smartphone models. The company released a complete compatibility list for the update.
EEOC sues New York Times over alleged discrimination against White male journalist
The EEOC filed a lawsuit against the New York Times, alleging the media company violated federal law by not promoting a White male employee based on race or gender.
Sennheiser launches summer promotions on creator audio tools
Sennheiser is running limited-time promotions from May through July on three creator-focused audio tools: Profile USB Microphone, MKE 400, and Profile Wireless, designed to make professional audio more accessible.
Build a Rocket Boy hit by third round of layoffs as MindsEye struggles
MindsEye developer Build a Rocket Boy has undergone its third round of layoffs in a year, with approximately 170 staff affected, leaving roughly 80 employees. The cuts follow the game's catastrophic June 2025 launch and come days after a 'Blacklisted' update aimed at reviving the title.
Saujana shareholders reject restructuring plan to unify dual-share structure
Saujana Resort shareholders rejected a restructuring plan to unify dual share classes, with only 61.43% Class B support falling short of the required 75% threshold needed for approval.
Auckland North Shore assault leaves teen hospitalized; contractors dispute attack claims
Three young people were attacked by construction workers on an Auckland street, with one hospitalized after being knocked unconscious. The contractors claim it was a mutual fight, while victims allege an unprovoked assault.
Disney beats Q2 expectations on streaming, parks strength despite macro headwinds
Disney reported Q2 fiscal 2026 revenue of $25.17B, exceeding analyst expectations, driven by strong theme park spending and streaming gains despite macroeconomic headwinds and geopolitical tensions.
L&T shares tumble 3% on weak Q4 margins, FY27 outlook concerns
L&T shares fell 3.3% post Q4 results as mixed brokerage reactions emerged over margin compression, execution challenges, and underwhelming Lakshya 2031 strategy guidance despite record order book.
Disney to bring D23 Asia fan event to Singapore in 2027
Disney will host its first D23 Asia convention in Singapore in 2027, featuring Hollywood stars, exclusive previews, and multi-day showcases celebrating Disney content and fan culture across the Asia Pacific region.
Kumar Mangalam Birla Takes Vi Helm as Markets Eye Q4 Results from L&T, Hero MotoCorp
Multiple Indian companies released Q4 FY26 results with mixed performance. Key moves include Kumar Mangalam Birla taking helm at Vi and various corporate leadership transitions across sectors.
Aviat Networks Downgraded to Hold After Missing Q3 Targets, Outlook Cut
Aviat Networks reported Q3 results below expectations due to Middle East conflict delays and customer demand shifts, prompting a downgrade to Hold with concerns about uneven performance.
Samsung Joins $1 Trillion Club, Becoming Second Asian Tech Giant
Samsung became only the second Asian company to achieve a $1 trillion market valuation, following TSMC, as its shares surged 11% on Wednesday.
CPI Card Group's Margin Squeeze Tests Valuation Case Ahead of Q1 Results
CPI Card Group's Q1 2026 earnings reveal compressed profit margins at 2.8%, down from 4.1%, alongside negative equity and rising leverage concerns despite revenue growth to $543.5M.
International Petroleum's Margin Squeeze Tests Growth Narrative Ahead of Q1 2026
International Petroleum (TSX:IPCO) enters Q1 2026 with compressed 4.2% net margins and weak interest coverage, testing bullish growth narratives tied to its Blackrod project completion.
Repligen's Profitability Rebound Faces Valuation Skepticism at 144.9x P/E
Repligen shows a dramatic profitability turnaround with Q4 2025 EPS of $0.24 versus a loss in Q4 2024, yet trades at a 144.9x P/E multiple—over 4x peer average—raising questions about valuation sustainability.
Life Time's 12.5% Margin Inflated by $97.7M One-Off Gain, Raising Quality Questions
Life Time Group Holdings reported 12.5% net profit margins and 139% earnings growth in Q4 2025, but a US$97.7 million one-off gain inflates headline results, raising questions about sustainable operational profitability.
Samsung hits $1 trillion valuation as AI boom and record earnings fuel rally
Samsung Electronics surged past $1 trillion market cap on strong Q1 earnings and AI investor enthusiasm, becoming Asia's second company to reach the milestone after TSMC.
Barry Diller Eyes CNN Acquisition, Warns of Network's Decline
Media mogul Barry Diller has expressed interest in acquiring CNN, citing concerns about the network's deteriorating condition and suggesting urgency before further decline.
Itaú posts 24.8% ROE with controlled delinquency in Q1 2026
Brazil's Itaú bank reported R$12.3 billion profit in Q1 2026, up 10.4% year-over-year, with a 24.8% ROE and controlled loan default rates despite uncertain economic conditions.
Real estate CEO compares 'tax the rich' rhetoric to hate speech
A major real estate developer compared progressive tax rhetoric to racial slurs, escalating tensions with NYC leadership over wealth taxation and city policy.
Lucid suspends production guidance as Q1 inventory buildup forces strategy reset
Lucid Motors suspended production guidance after Q1 results missed estimates, citing excess inventory and incoming CEO's business review. The EV maker faces continued cash burn as it adjusts output strategy.
Major publishers and bestselling author sue Meta over AI training on copyrighted works
Five major publishing houses and bestselling author Scott Turow are suing Meta and CEO Mark Zuckerberg, alleging the company trained its Llama AI models on millions of copyrighted works without permission.
Zelda: Ocarina of Time Remake Signals Emerge Amid 40th Anniversary
Nintendo insiders report an Ocarina of Time remake is coming to Switch 2 in late 2026, fueled by a vague 2023 comment from producer Eiji Aonuma and corroborating reports from gaming outlets.