The Dow Jones Industrial Average and S&P 500 hit record highs as the Dow surged past 42,000 points following a significant Federal Reserve rate cut.

Nike CEO John Donahoe will retire and be replaced by Elliott Hill as the company aims to revive sales and combat competition.

FedEx reported a drop in first-quarter profit and lowered its annual profit forecast due to muted demand in the package industry and higher operating costs.

Disney will discontinue using Slack as its workplace communication platform following a data breach that leaked over a terabyte of company information.

Intel confirmed it has no plans to divest a majority interest in Mobileye, causing an 8% rise in Mobileye's shares and easing investor fears.

Edgewise Therapeutics' stock soared after its drug EDG-7500 showed promising results in early trials for hypertrophic cardiomyopathy.

JetBlue will open its first airport lounges at New York's JFK in late 2025 and Boston Logan soon after, as part of its 'JetForward' strategy to meet growing demand for premium perks.

Shares of Trump Media hit a new low as lockup restrictions for insiders, including Donald Trump, near expiration.

Darden Restaurants' stock rose after announcing a delivery partnership with Uber, despite missing Q1 earnings and revenue estimates.

EU regulators have started proceedings to ensure Apple complies with the Digital Markets Act, mandating interoperability with rival devices, risking fines if not adhered to.