BUSINESS

Australia is addressing fuel supply challenges due to Middle East disruptions, securing shipments from Asia and implementing measures to mitigate potential shortages and economic impacts.

Boeing and Airbus show contrasting performances in 2026, with Boeing facing recovery challenges and Airbus benefiting from a strong order backlog and production ramp. Analysts provide mixed ratings for both companies.

NetApp's shares rose 12.44% after reporting strong Q4 2026 results, driven by AI-optimised storage solutions and cloud growth, with revenue up 8% year-over-year.

Redwire Corporation's stock rose 13.94% after reporting strong Q1 2026 financial results, driven by growth in space infrastructure and national security contracts, alongside new partnerships and analyst endorsements.

Firefly Aerospace's shares rose 15.49% following strong Q1 2026 financial results and key contract wins, highlighting growth in spacecraft solutions and defense sectors.

Lionsgate Studios' shares rose 15.8% after reporting strong Q4 2026 earnings, driven by successful films and robust library revenue, exceeding analyst expectations and boosting investor confidence.

Oracle's 2026 growth is driven by AI and cloud innovations, with strategic partnerships boosting its market position. Analysts predict up to 45% upside potential amid strong financial performance.

Cristiano Ronaldo earned a record $300 million in 2025-26, topping Forbes' highest-paid athletes list. His earnings reflect Saudi Arabia's significant investment in football, boosting athlete salaries.

Microsoft's fiscal Q3 2026 results show an 18% revenue increase, driven by AI and cloud growth, despite stock volatility and regulatory challenges.

President Trump opposes Iranian tolls in the Strait of Hormuz, a key oil shipping route, amid heightened U.S.-Iran tensions. Congressional leaders delay a vote on limiting presidential military action.

HP Inc. shares rose 15.25% ahead of its Q2 2026 earnings report, driven by investor optimism in AI-enabled PCs and strong Personal Systems revenue.

Tesla's Q1 2026 results show a 16% revenue increase, strong vehicle production, and FSD expansion in Texas. Analysts maintain a Hold rating with a mixed stock performance outlook.

Alphabet and Microsoft report strong Q1 2026 results, driven by AI and cloud growth. Both companies see significant revenue increases and strategic advancements in AI infrastructure.

Lionsgate Studios' shares rose 15.80% after reporting Q4 2026 earnings that exceeded expectations, driven by strong film performance and library sales, with revenue reaching $906.5 million.

Intel and IBM showed contrasting financial performances in 2026, with Intel focusing on AI and foundry business, while IBM excelled in software and quantum computing. Analysts offer varied ratings.

AXT Inc. shares rose 16.37% due to strong demand for indium phosphide products in AI applications, with improved financial results and positive analyst actions boosting investor confidence.

BlackBerry shares rose nearly 19% due to QNX software success and a major U.S. security certification. The company reported strong financial results and strategic partnerships in automotive AI.

Navitas Semiconductor's shares rose nearly 20% due to AI infrastructure momentum and analyst price target increases, despite reporting a Q1 net loss. The company focuses on high-power markets.

Nokia shares rose 9.55% following positive analyst actions and AI networking innovations. The company reported strong Q1 2026 financial results, boosting its growth outlook for the year.

Dell Technologies' shares rose over 15% on May 22, 2026, driven by strong AI server demand and analyst upgrades. The company reported significant revenue growth and maintained a positive outlook.

The FTSE 100 rose 0.16% on May 22, 2026, driven by energy stocks amid geopolitical tensions. The index ended a four-week losing streak, reflecting investor focus on commodity prices and central bank policies.

Rigetti Computing's shares soared after announcing a $100 million funding agreement with the U.S. Department of Commerce to advance superconducting quantum computing research, highlighting significant growth and future potential.

Apple plans to launch the iPhone 18 Pro Max in September 2026, featuring design refinements, camera upgrades, and improved performance. A foldable iPhone is also expected to debut alongside.

Zoom's shares rose 12.86% after reporting strong Q1 2027 earnings, driven by AI adoption and enterprise demand, leading to raised full-year guidance and increased share repurchase authorization.

Blake Lively and Ryan Reynolds face $2.1 million in mechanics liens from contractors over construction work on their Lewisboro estate. The project has stalled, and no public comments have been made.

Infleqtion Inc. shares rose nearly 20% following a $100 million funding letter from the U.S. Department of Commerce, boosting its quantum computing advancements and market position.

GameStop has increased its stake in eBay to 6.55% after a $56 billion acquisition proposal was rejected. CEO Ryan Cohen remains committed to strategic investments and operational improvements.

The Dow Jones Industrial Average closed at a record 50,642.00, driven by technology and industrial stocks, as investor confidence in the Federal Reserve's interest rate path grew.

Advance Auto Parts' shares rose 19.63% after reporting strong Q1 2026 results, with net sales of $2.6 billion and a 3.5% increase in comparable store sales, exceeding expectations.