•Jacobs Solutions was awarded strategic contracts by SSEN Transmission valued at over $1 billion to modernize the electricity transmission network in northern Scotland.
•Texas Attorney General Ken Paxton initiated an investigation into glyphosate contamination in food, targeting major manufacturers including Bayer and PepsiCo.
•The World Health Organization classifies glyphosate, the main ingredient in Roundup, as probably carcinogenic to humans.
•The Commonwealth of Pennsylvania Public School Employees' Retirement System increased its stake in Texas Pacific Land to 13,470 shares valued at $3.87 million.
•Institutional investors and hedge funds now own 59.94% of TPL's stock.
•Texas Pacific Land's Q4 results exceeded revenue and EPS estimates.
•PPL Electric Utilities and all settlement parties reaffirmed their support for the distribution rate case following PUC approval with minor modifications.
•Merlin announced the successful completion of the Critical Design Review for its C-130J autonomous flight program with U.S. Special Operations Command.
•Shares of the micro-cap defense company jumped 28% in premarket trading following the announcement.
•Law firm Bragar Eagel & Squire began investigating potential claims against Intuit on behalf of stockholders following disappointing financial results.
•Intuit attributed its weak fiscal Q3 2026 results to a challenging tax season and losing price competitiveness among DIY filers.
•Trading broker Futu Holdings is facing a similar investigation by the same law firm to protect the rights of investors who suffered losses.
•A securities class action lawsuit was filed against Veritone following its admission that certain previously filed financial statements should no longer be relied upon.
•Westfield Capital Management increased its stake in Rockwell Automation by 14.4%, bringing its total position value to $90.96 million.
•Geode Capital Management reduced its stake in The Campbell's Company by 1.9% following weaker-than-expected quarterly results and a 4.5% revenue decline.
•The International Swaps and Derivatives Association (ISDA) selected S&P Global Market Intelligence as the administrator for the Credit Derivatives Determinations Committees (DCs).
•The collapse of Spirit Airlines in early May 2026 led to thousands of employees losing their jobs after the company failed to exit its second bankruptcy.
•Zcash prices crashed over 40% following the revelation of a severe vulnerability in the Orchard shielded pool protocol that existed for over four years.
•The discovered vulnerability potentially allowed hackers to execute undetectable counterfeiting of the privacy coin.
•Reports indicated a whale purchased 37,000 ZEC coins despite the sharp price decline.
•OCC chief Jonathan Gould defended the agency's independence against political pressure regarding the bank charter application for World Liberty Financial.
•SBI VC Trade, a subsidiary of SBI Holdings, announced the introduction of Solana (SOL) trading, custody, and management services for institutional investors.
•Rafael Schultze-Kraft, Glassnode co-founder, stated that Bitcoin's recent drop is bringing it into a rare price zone that historically marks market bottoms.
•Approximately 75 U.S. Air Force refueling aircraft have been stationed at Ben Gurion Airport for three months, occupying over half of the parking spots.
•Airport officials warned that congestion from U.S. military assets could lead to flight cancellations for 1.5 million passengers this summer.
•Companies that borrowed oil from the U.S. Strategic Petroleum Reserve will add an extra 40 million barrels in the form of premiums after the Iran conflict ends.
•U.S. Energy Secretary Chris Wright stated that lowering pump prices will ultimately require a resolution with Iran to increase oil flow through the Strait of Hormuz.
•The EU Commissioner for Sustainable Transport and Tourism stated there is currently no jet fuel shortage in Europe and no signs of one in the coming period.