latest news in companies
Duolingo Stock Plunges as Slower User Growth and AI Costs Overshadow Strong Earnings
Pittsburgh, Tuesday, 5 May 2026.
Despite surpassing Q1 profit estimates, Duolingo’s stock plunged 13%. Investors are concerned by a significant shortfall in monthly active users and rising expenses tied to new AI features.
SBI Digital Markets and SettleMint Partner to Digitize Traditional Finance Infrastructure
Singapore, Tuesday, 5 May 2026.
Driven by demand from 76% of financial institutions, SBI and SettleMint are partnering to modernize capital markets, targeting a digital asset sector projected to hit $5 trillion by 2030.
Amazon Disrupts the Shipping Industry by Opening Its Massive Supply Chain to All Businesses
Seattle, Monday, 4 May 2026.
On May 3, 2026, Amazon opened its vast logistics network to all businesses. This aggressive move immediately sent competitor stocks tumbling, positioning the e-commerce giant against traditional freight carriers.
Vanda Pharmaceuticals Stock Surges Following the Launch of the First Motion Sickness Drug in 40 Years
Washington, Monday, 4 May 2026.
Vanda Pharmaceuticals’ stock surged after launching NEREUS on May 1, 2026. As the first new motion sickness drug in 40 years, it features an innovative direct-to-consumer pricing model.
Chicago Community Protests Upcoming Walgreens Closure Amid Growing Pharmacy Desert Concerns
Chicago, Tuesday, 5 May 2026.
Facing its sixth South Side closure in a year, Chicago’s Chatham community is protesting Walgreens’ planned June 4 exit, highlighting growing concerns over corporate abandonment and expanding pharmacy deserts.
United Airlines Passenger Detained Following Mid-Flight Attack and Cockpit Breach Attempt
Newark, Sunday, 3 May 2026.
A passenger was detained Saturday after attempting a cockpit breach on a United flight, highlighting escalating aviation safety risks amid nearly 500 unruly passenger incidents reported in 2026.
California Task Force Dismantles $600,000 Home Depot Resale Operation
Los Angeles, Sunday, 3 May 2026.
California authorities arrested two suspects and recovered over $600,000 in stolen Home Depot tools, exposing a massive swap meet fencing operation that threatens retail profitability and consumer pricing.