latest news in companies

Rain Expands Corporate Digital Payments with New Mastercard Membership

Rain Expands Corporate Digital Payments with New Mastercard Membership

New York, Wednesday, 6 May 2026.
By adding Mastercard alongside Visa, the $1.95 billion startup Rain creates a dual-network powerhouse, accelerating the integration of digital assets into mainstream corporate finance.

Mallplaza Fuels South American Retail Expansion Following Strong First-Quarter Profit Growth

Mallplaza Fuels South American Retail Expansion Following Strong First-Quarter Profit Growth

Santiago, Wednesday, 6 May 2026.
Fueled by nearly 96 million visits and a 20.5 percent profit surge, Mallplaza is rapidly advancing its $600 million expansion of physical retail centers across South America.

Regulatory Setbacks Spark Investor Lawsuits Against Trip.com and ImmunityBio

Regulatory Setbacks Spark Investor Lawsuits Against Trip.com and ImmunityBio

New Orleans, Wednesday, 6 May 2026.
Following severe regulatory actions—including an antitrust probe and an FDA warning—investors are launching lawsuits against major companies like Trip.com and ImmunityBio after their stocks plummeted over 19 percent.

SES AI Faces Investor Lawsuit After Revenue Claims Trigger Massive Stock Plunge

SES AI Faces Investor Lawsuit After Revenue Claims Trigger Massive Stock Plunge

Woburn, Wednesday, 6 May 2026.
Battery developer SES AI faces a major lawsuit after allegedly fabricating revenue and missing targets, triggering a staggering 37 percent stock plunge that exposed severe market risks.

MarketWise Signals Financial Strength with a Combined $0.45 Dividend Payout

MarketWise Signals Financial Strength with a Combined $0.45 Dividend Payout

Baltimore, Tuesday, 5 May 2026.
MarketWise is distributing a combined $0.45 per share dividend today, signaling robust cash flow and offering an attractive immediate yield for investors in the digital subscription market.

Whistleblower Sparks U.S. Investigation Into Morgan Stanley's Offshore Banking Hub

Whistleblower Sparks U.S. Investigation Into Morgan Stanley's Offshore Banking Hub

Budapest, Tuesday, 5 May 2026.
U.S. regulators are investigating Morgan Stanley after a whistleblower alleged the bank used unlicensed, low-paid offshore staff in Budapest to handle confidential Wall Street transactions.

Wall Street Boosts AMD Valuation Amid Surging Artificial Intelligence Demand

Wall Street Boosts AMD Valuation Amid Surging Artificial Intelligence Demand

New York, Tuesday, 5 May 2026.
Morgan Stanley raised AMD’s price target to $360 following a massive 59% year-to-date surge, fueled by record-breaking data center revenue and relentless demand for artificial intelligence technology.

Talen Energy Posts Strong First Quarter Profits Amid Rising Power Demand

Talen Energy Posts Strong First Quarter Profits Amid Rising Power Demand

Houston, Tuesday, 5 May 2026.
Fueled by surging power demand from AI data centers, Talen Energy posted a $63 million first-quarter profit, reversing previous losses and confidently reaffirming its 2026 financial outlook.

Protagonist Therapeutics Achieves Q1 Profitability Fueled by Major FDA Milestones

Protagonist Therapeutics Achieves Q1 Profitability Fueled by Major FDA Milestones

Newark, Tuesday, 5 May 2026.
Fueled by a $50 million FDA approval milestone and a $200 million strategic opt-out fee, Protagonist Therapeutics achieved a profitable Q1 in 2026, securing operations through 2028.

Tesla Slashes May 2026 Lease Rates to Boost Market Share

Tesla Slashes May 2026 Lease Rates to Boost Market Share

Austin, Tuesday, 5 May 2026.
In May 2026, Tesla aggressively slashed lease rates to just $299 monthly, strategically prioritizing market volume over short-term profit margins despite experiencing a slight dip in stock value.