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Grafa
Retail

GEN Restaurant Group secures 100-warehouse Costco commitment following Northwest success

GEN Restaurant Group (NASDAQ:GENK), the operator of the GEN Korean BBQ casual dining chain, has finalized product distribution commitments with more than 100 Costco Wholesale Corp. locations across the United States.

Read more: GEN Restaurant Group secures 100-warehouse Costco commitment following Northwest success
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Technology

Marvell shares surge on Nvidia CEO’s 'trillion-dollar company' endorsement

Shares of Marvell Technology (NASDAQ:MRVL) surged more than 24 percent in premarket trading on Tuesday following public praise from Nvidia's Chief Executive Officer Jensen Huang, who labeled the chipmaker as the next potential member of the trillion-dollar market valuation club.

Read more: Marvell shares surge on Nvidia CEO’s 'trillion-dollar company' endorsement
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WeRide, Uber, and AVOMO to launch Spain’s first commercial robotaxi pilot

Autonomous driving technology developer WeRide (NASDAQ:WRD), ride-hailing giant Uber Technologies (NYSE:UBER), and fleet management platform AVOMO have unveiled a joint initiative to launch Spain’s first commercial robotaxi pilot in the Region of Madrid.

Read more: WeRide, Uber, and AVOMO to launch Spain’s first commercial robotaxi pilot
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Technology

STMicroelectronics raises data center revenue outlook to $1B on AI surge

STMicroelectronics (NYSE:STM) has upwardly revised its revenue targets for its data center business, citing a sharp acceleration in demand for artificial intelligence infrastructure and successful capacity expansions across its manufacturing network.

Read more: STMicroelectronics raises data center revenue outlook to $1B on AI surge
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Diana Shipping slams Genco board over third rejection of $24.80 tender offer

Diana Shipping (NYSE:DSX) escalated its hostile takeover campaign for Genco Shipping & Trading (NYSE:GNK), sharply criticizing the Genco board’s third consecutive rejection of its all-cash tender offer and making a direct appeal to shareholders for a sweeping leadership overhaul.

Read more: Diana Shipping slams Genco board over third rejection of $24.80 tender offer
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Technology

Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue

Hewlett Packard Enterprise (NYSE:HPE) announced Monday its financial results for the fiscal second quarter ended April 30, 2026, delivering record-breaking top-line growth that significantly exceeded both Wall Street expectations and the company's internal projections.

Read more: Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue
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Technology

Credo Technology Q4 revenue rises 157% on scaling demand

Credo Technology Group Holding (NASDAQ:CRDO) reported its financial and operating results for the fourth quarter and full fiscal year 2026 ended May 2, 2026, delivering triple-digit top-line expansion fueled by accelerated global demand for high-speed, energy-efficient data connectivity infrastructure.

Read more: Credo Technology Q4 revenue rises 157% on scaling demand
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Wise stock tumbles on reports of Belgian anti-money laundering investigation

Shares of cross-border fintech specialist Wise (NASDAQ:WSE) fell as much as 19% in London on Monday following confirmation from Belgian prosecutors that they are investigating the company’s European division over potential money-laundering offenses.

Read more: Wise stock tumbles on reports of Belgian anti-money laundering investigation
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Technology

Anthropic confidentially files for IPO following trillion-dollar valuation milestone

Artificial intelligence researcher and developer Anthropic announced Monday that it has taken its first official step toward public capital markets, submitting confidential draft paperwork to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).

Read more: Anthropic confidentially files for IPO following trillion-dollar valuation milestone
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Legend Biotech highlights solid tumor advance and long-term multiple myeloma survival at ASCO 2026

Legend Biotech (NASDAQ:LEGN) presented first-in-human clinical data for its investigational solid tumor therapy alongside long-term tracking metrics for its commercially approved blood cancer asset at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago.

Read more: Legend Biotech highlights solid tumor advance and long-term multiple myeloma survival at ASCO 2026
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People Incorporated proposes full takeover of MGM Resorts in cash deal

People Incorporated, the digital media and internet conglomerate formerly known as IAC (NASDAQ:IAC), announced Monday that it has submitted a non-binding proposal to the Board of Directors of MGM Resorts International (NYSE:MGM) to acquire all of the outstanding shares of the hospitality giant it does not currently own.

Read more: People Incorporated proposes full takeover of MGM Resorts in cash deal