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Wren Kitchens' US Arm Files Chapter 7, Leaving Customers and Staff in Limbo
Wren Kitchens' US parent filed Chapter 7 bankruptcy, abruptly closing all US showrooms and leaving customers with unfinished orders and employees without notice.
Rocket Lab Shares Dip as SpaceX IPO Buzz and Earnings Loom
Rocket Lab shares slipped 2.3% as investors await Q1 earnings due May 7, with SpaceX's IPO intensifying scrutiny of space-sector valuations.
RTX Downgraded to Hold After 11% Drop Despite Strong Earnings
RTX stock was downgraded to hold by Erste Group after an 11% drop, despite strong Q1 earnings and a raised 2026 outlook. Tariff costs and valuation concerns continue to pressure shares.
Ackman's Uber Stake Gains Focus as Robotaxi Deal with Lucid Expands
Uber shares rose 2% on renewed attention to Bill Ackman's stake and a $200 million Lucid investment for robotaxis, with a commitment to 35,000 vehicles.
Can Azure's Growth Validate Microsoft's AI Investments?
Microsoft reports fiscal Q3 earnings Wednesday, with Azure growth and AI spending under scrutiny after a $357B market value loss. Analysts expect revenue near $81.4B.
Boeing Posts Narrower Q1 Loss, But Cash Burn Remains a Concern
Boeing narrowed its Q1 net loss to $7M, revenue rose 14% to $22.2B, but free cash flow was negative $1.5B. The company delivered 143 jets, beating Airbus, and holds a record $695B backlog.





