New Disney CEO Gives Vision for Company as Revenue Rises
In a letter to shareholders, Josh D'Amaro explains his plan to use technology.
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Nvidia to Invest $500 Million in Corning, Expand Fiber Optic Manufacturing
Nvidia is investing $500 million in Corning as part of a partnership with the glassmaker to expand manufacturing of fiber optics for AI infrastructure.
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Uber Technologies Revenue Climbs on Increased Trips
Uber Technologies reported higher revenue and gross bookings in the first quarter, as trip volumes and active users continued to grow.
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Kraft Heinz Sales Tick Up as Turnaround Efforts Take Hold
Kraft Heinz reported slightly higher first-quarter sales as it implements a strategy to turn around its business and return to growth before resuming a potential split into two separate companies.
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CVS's Results Add to Positive Momentum for Health-Insurance Industry
The company attributed much of the improvement to a turnaround at its insurance unit, Aetna.
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Novo Nordisk Shares Jump on Strong Demand for Wegovy Pill
Total prescriptions for the new Wegovy pill reached around 1.3 million in the first quarter and have exceeded 2 million since it launched.
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Apollo Global Management Swings to Loss
Apollo Global Management swung to a loss in the first quarter, driven by a higher income tax provision and a steep loss from its investment-related activities.
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Burger King-Owner Restaurant Brands Sees Sales Grow
Burger King-owner Restaurant Brands International reported sharply higher profit and rising revenue in the first quarter.
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Instacart Posts Higher Revenue, Says Customers Shopping More at Value Retailers
Instacart reported higher first-quarter revenue and said consumers were continuing to spend in the grocery category, but that a focus on affordability was pushing them to value-focused retailers.
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Marriott International Lifts Full Year Views on Higher Sales
Marriott International raised its outlook after logging higher first-quarter sales and as travel demand remains stable.
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China to Invest in DeepSeek at $50 Billion Valuation
The money will come from government-backed investors and align the AI startup with Beijing's push for technology self-sufficiency.
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New York Times Profit, Revenue Climb on Subscription, Advertising Growth
The news-and-media company posted a profit of $87.9 million as revenue climbed 12% to $712.2 million, topping Wall Street models.
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Samsung's Market Value Hits $1 Trillion
The South Korean company is only the second Asian company with a market valuation above $1 trillion, aside from TSMC.
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BMW Shares Jump After Automaker Reassures on Outlook Amid Tariffs, China Woes
The German automaker signaled it was on track to hit its targets despite an earnings hit in the first quarter from competition in China and global tariffs.
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Strategy Posts Wider Loss as Bitcoin Holdings Hit $64 Billion. The Stock Rises Anyway.
The company formerly known as MicroStrategy held 818,334 Bitcoin as of the start of May.
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Equinor Gets Earnings Boost From Record Production, Higher Prices
The boost from record production and higher oil prices helped the Norwegian energy major maintain the pace of its quarterly share buyback.
(END) Dow Jones Newswires
May 06, 2026 09:00 ET (13:00 GMT)
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