Paramount's Revenue Rises on Streaming, Studios Growth
The entertainment company continues to see growth in its streaming service and studio business as it prepares to merge with Warner Bros. Discovery.
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Palantir Beats Forecasts With $1.63 Billion Quarter as Sales Accelerate
The U.S. military used the company's software in the Iran war and Venezuela raid, and the private-sector business has grown quickly.
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GameStop Offers to Buy eBay for $56 Billion
CEO Ryan Cohen said GameStop has built a roughly 5% stake in eBay and was offering $125 a share in cash and stock.
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SEC Settles Lawsuit Against Elon Musk Over Twitter Share Purchases
The case had alleged that Musk failed to timely disclose his buildup of ownership in the social media platform he renamed X.
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California Wants to Throw the Book at State Farm over Wildfire Claims
State seeks millions of dollars in fines for denying, delaying and underpaying home-insurance claims to Los Angeles survivors.
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IAC Revenue Slides as People's Print Business Weighs on Results, 2026 Outlook Cut
The New York City-based media holding company said revenue from People, which makes up the bulk of the company's top line, fell 2%.
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Amazon Built a Massive Supply Chain for Itself. Now It's for Hire.
The e-commerce giant is opening its global logistics network to all businesses, betting it can turn its supply chain into the next AWS.
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Tyson Foods Continues to Be Squeezed by High Cattle Costs
Soaring cattle prices continued to weigh on Tyson Foods' bottom line in the fiscal second quarter, as the meatpacking giant tries to offset rising livestock costs through higher profits from its chicken business.
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Cerebras Plans Up to $3.5 Billion IPO
Chip startup Cerebras Systems will offer 28 million shares in its planned initial public offering at a price of $115 to $125 a share, which would raise $3.5 billion at the upper end of the range.
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Gun Makers Reach Cooperation Pact After Months of Tense Proxy Battle
Under the terms of their new agreement, Beretta may increase its investment in Sturm, Ruger to up to 25% of outstanding shares, including a tender offer at a minimum of $44.80 a share.
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Anthropic Unveils $1.5 Billion Joint Venture With Wall Street Firms
Anthropic, Blackstone and Hellman & Friedman are each expected to invest around $300 million; Goldman Sachs also an investor.
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American Express Global Business Travel Enters $6.3 Billion Take-Private Deal
American Express Global Business Travel is being taken private in an all-cash acquisition by Long Lake Management for $9.50 a share, valuing the company at about $6.3 billion.
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Hubbell to Buy NSI Industries for $3 Billion
Hubbell agreed to acquire NSI Industries for $3 billion, aiming to increase its offerings of critical infrastructure to its electrical and utility customers.
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Norwegian Cruise Line Cuts Outlook on Weak Demand, Higher Fuel Costs
Norwegian said it is operating against an extremely challenging backdrop, as both internal missteps and external pressures weighed on the business during the latest quarter.
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After 10 Billion FSD Miles, Tesla Drivers Face a New Problem
Tesla faces an issue with its improving self-driving product. Don't worry, it isn't all bad.
(END) Dow Jones Newswires
May 04, 2026 17:00 ET (21:00 GMT)
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