latest news in companies

Duolingo Stock Plunges as Slower User Growth and AI Costs Overshadow Strong Earnings

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

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.

TWFG Accelerates Growth in Specialty Insurance with Strategic Acquisition of APIA

TWFG Accelerates Growth in Specialty Insurance with Strategic Acquisition of APIA

The Woodlands, Tuesday, 5 May 2026.
In a strategic move on May 4, 2026, TWFG acquired APIA to expand its specialty insurance portfolio. Notably, APIA’s veteran leadership remains intact to drive future market growth.

DoorDash Opens Grocery Delivery to Millions of SNAP Users at Kroger

DoorDash Opens Grocery Delivery to Millions of SNAP Users at Kroger

San Francisco, Monday, 4 May 2026.
DoorDash is democratizing digital convenience by accepting SNAP payments at 2,700 Kroger locations, unlocking online delivery access for millions of government assistance recipients nationwide.

Amazon Disrupts the Shipping Industry by Opening Its Massive Supply Chain to All Businesses

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.

Hackers Threaten to Leak 275 Million Records in Massive Canvas Platform Breach

Hackers Threaten to Leak 275 Million Records in Massive Canvas Platform Breach

Salt Lake City, Monday, 4 May 2026.
Instructure faces its second breach in a year as hackers threaten to leak 3.65 terabytes of Canvas platform data, potentially exposing personal records of 275 million global users.

Vanda Pharmaceuticals Stock Surges Following the Launch of the First Motion Sickness Drug in 40 Years

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 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

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

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.