latest news in companies

T. Rowe Price Bets on Artificial Intelligence to Revive Lagging Returns

T. Rowe Price Bets on Artificial Intelligence to Revive Lagging Returns

Baltimore, Sunday, 31 May 2026.
To combat a 32% five-year stock decline, T. Rowe Price is aggressively expanding into AI, highlighted by backing Anthropic’s $65 billion funding round and hiring dedicated AI adoption specialists.

Reputational Risks Overshadow Biometric Ticketing Success in Controversial Concert Partnership

Reputational Risks Overshadow Biometric Ticketing Success in Controversial Concert Partnership

San Francisco, Sunday, 31 May 2026.
Blocking 100,000 ticket bots through iris scans highlights biometric tech’s potential, yet World’s partnership with Jared Leto exposes severe reputational risks amid privacy and misconduct controversies.

Disney Restructures Blockbuster Strategy with Cost-Conscious Pirates of the Caribbean Reboot

Disney Restructures Blockbuster Strategy with Cost-Conscious Pirates of the Caribbean Reboot

Los Angeles, Sunday, 31 May 2026.
To maximize franchise profitability, Disney is shifting away from inflated budgets for its upcoming Pirates revival, navigating new scripts that could potentially reunite audiences with Johnny Depp.

Expanded Insurance for Weight-Loss Medications Propels Eli Lilly to a Trillion-Dollar Valuation

Expanded Insurance for Weight-Loss Medications Propels Eli Lilly to a Trillion-Dollar Valuation

New York, Sunday, 31 May 2026.
CVS Health’s late May 2026 decision to restore coverage for Eli Lilly’s obesity medications has driven the pharmaceutical giant’s market valuation back into the exclusive $1 trillion club.

NYSE Arca Proposes Sweeping Updates to Market Operations and Trading Framework

NYSE Arca Proposes Sweeping Updates to Market Operations and Trading Framework

New York, Sunday, 31 May 2026.
NYSE Arca has proposed major operational updates to federal regulators. Intriguingly, this overhaul includes a push for 23/5 overnight trading, promising to significantly transform the massive ETF ecosystem.

SoftBank Shares Fall Despite a Massive Surge in Portfolio Value

SoftBank Shares Fall Despite a Massive Surge in Portfolio Value

Tokyo, Saturday, 30 May 2026.
Despite a 30 percent asset value surge driven by Arm, SoftBank shares fell in late May 2026 as investors weighed a $669 million bond redemption and portfolio health.

Electronic Arts Announces Joint June Showcase for Upcoming Football Franchises

Electronic Arts Announces Joint June Showcase for Upcoming Football Franchises

Redwood City, Saturday, 30 May 2026.
On June 4, Electronic Arts will debut its next collegiate and professional football titles together, sparking industry speculation about long-awaited integration features between the two major revenue-driving games.

NBC Cancels Seven Major Shows and Halts Daytime Syndication Ahead of 2027

NBC Cancels Seven Major Shows and Halts Daytime Syndication Ahead of 2027

New York, Saturday, 30 May 2026.
NBC is drastically reshaping its 2027 lineup by canceling seven shows and entirely eliminating its first-run syndication division to reallocate capital toward its streaming platform, Peacock.

Marvel Pivots to Classic Spider-Man Roots as Tom Holland Weighs Franchise Exit

Marvel Pivots to Classic Spider-Man Roots as Tom Holland Weighs Franchise Exit

Los Angeles, Saturday, 30 May 2026.
As Tom Holland contemplates leaving his multi-billion dollar role, Marvel’s upcoming Spider-Man film returns to its roots and secures a highly lucrative, uncensored theatrical release in China.

GameSpot Parent Company Expands into Game Publishing with $151 Million Acquisition of Playstack

GameSpot Parent Company Expands into Game Publishing with $151 Million Acquisition of Playstack

San Francisco, Saturday, 30 May 2026.
GameSpot’s parent company is acquiring Balatro publisher Playstack for $151 million, highlighting a strategic industry shift as media platforms expand directly into lucrative game publishing and intellectual property ownership.