GoPro Loss Widens Amid Review of Possible Sale
The wearable camera maker said it engaged defense consulting firm Oliver Wyman to support the company's efforts to expand into the defense and aerospace industries.
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Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion
Cerebras Systems said it will offer 30 million shares in its planned initial public offering at a price of $150 to $160 a share, up from its previous plan to offer 28 million shares at a price of $115 to $125 a share.
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Fox Picks Up Two More NFL Games for Next Season
Advertising revenue for the company declined in the fiscal third quarter, largely due to not having rights to the Super Bowl.
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Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed
Saudi Aramco Chief Executive Amin Nasser added that the market has already lost about 1 billion barrels of oil supply during the crisis.
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Microsoft CEO Testifies About Sam Altman's Firing in Elon Musk Megatrial
Satya Nadella also testified about Microsoft's partnership with OpenAI and the company's support of Altman.
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KKR Private-Credit Fund Takes $560 Million Loss
The firm will invest $300 million in an effort to bolster the fund as loan defaults climb.
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Sony, GIC Venture Strikes Deal to Buy Recognition Music Catalog From Blackstone
The deal will give Sony Music Publishing ownership of works performed by Beyonce, Lady Gaga, Journey, Red Hot Chili Peppers and others.
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IHeartMedia Revenue Rises on Demand for Digital, Podcast Advertising
The streaming media and radio company's revenue rose 9.6% to $884.2 million in the first quarter.
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Webtoon Entertainment Gives Dim Second-Quarter Sales View
The digital comics platform's shares fell in after hours trading after it said it expects revenue to rise 1.7% to 4.6% on a constant currency basis for the current quarter.
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Apollo Strikes Deals for Two Live-Events Businesses
The investment firm is set to buy Emerald Holding and Questex with plans to combine them.
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Mosaic Pulls Guidance, Cuts Spending as Fertilizer Costs Surge
The fertilizer company is curtailing some production, cutting capital spending and reassessing operating plans as prices for key ingredients continue to climb.
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Dream Finders Homes Bids to Acquire Beazer Homes for $704 Million
Dream Finders Homes submitted a bid last week to acquire Beazer Homes USA for about $704 million.
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Lumentum builds on its scorching stock rally after earning a spot in this hot index
Lumentum's stock performance ranks fifth in the S&P 500 this year. Now the optical company is set to join the Nasdaq-100.
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Circle Internet Stock Rockets After Earnings. The Stablecoin Company Is Betting on AI.
Circle is the issuer of USDC, a so-called stablecoin whose value is pegged to the dollar and backed by reserves such as Treasuries.
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Constellation Energy Beats Earnings Estimates. Its Outlook Pulls the Stock Lower.
The energy producer reaffirms its full-year outlook range, with the midpoint slightly below analysts' expectations.
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Jury Rules in Favor of Mercury Capital in Discrimination Case
A New York jury rejected accusations by Alan Pardee, a co-founder of the now-defunct firm, that he was forced out because of his race.
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Germany's Rheinmetall and Deutsche Telekom to Develop Drone Defense Shield
The companies said threats from sabotage and drone activity were increasing and agreed to develop technology to counter potential attacks on critical infrastructure in Germany.
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SoftBank Launches Japan Battery Venture Amid AI Hardware Push
SoftBank Group's telecommunications arm will build large-scale battery cells and storage systems in partnership with Cosmos Lab and DeltaX Co.
(END) Dow Jones Newswires
May 11, 2026 17:00 ET (21:00 GMT)
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