Intuit (INTU) Launches AI-Native QuickBooks Workforce Platform
Intuit (INTU) has launched QuickBooks Workforce, an AI-native Human Capital Management (HCM) platform designed for small and mid-market businesses. This new platform integrates payroll, hiring, benefits, and performance management into a single ecosystem within QuickBooks Online and Intuit Enterprise Suite, aiming to streamline administrative tasks through AI and automated workflows. The service offers various tiers to support businesses of different sizes, providing tools from digital onboarding to retirement planning, ultimately reducing operational complexity.
NRG Energy (NRG) Appoints Glenn Wright to Board of Directors
NRG Energy (NYSE: NRG) has appointed Glenn Wright to its Board of Directors, effective May 26, increasing the board to 11 members. Wright brings extensive experience from his previous roles at Shell Energy Americas and Shell New Energies, US, including expertise in power markets and integrated energy solutions. His academic background in chemical engineering and portfolio management is expected to strengthen the company's governance and support its long-term strategy.
ResMed (RMD) Acquires Noctrix Health to Expand Sleep Disorder Portfolio
ResMed (RMD) has completed the acquisition of Noctrix Health, a medical device company specializing in non-pharmacologic wearable therapeutics. This acquisition expands ResMed's clinical sleep health portfolio to include treatments for Restless Legs Syndrome/RLS with Noctrix Health's Nidra Tonic Motor Activation/TOMAC Therapy. The move aligns with ResMed's strategy to advance home-based sleep and respiratory care and integrates Noctrix Health as a wholly-owned subsidiary.
Culpeper County asks PJM to scrap Dominion Energy substation, transmission project
Culpeper County is fighting Dominion Energy's proposed 115-mile high-voltage transmission line and an 88-acre substation, intended to power data centers in northern Virginia. Residents express concerns over property value depreciation and environmental impact, despite a recently refined route. The county's Board of Supervisors has urged the power grid operator PJM not to approve the substation, while Dominion Energy maintains the project is essential for grid reliability and has incorporated community feedback in route adjustments.
Axon shares slip despite beating estimates on tariff concerns By Investing.com
Axon Enterprise Inc. shares fell 2% after-hours despite beating first-quarter earnings and revenue estimates. The decline was attributed to a 150-basis point gross margin decrease, mainly due to global tariffs and increased costs from its Dedrone counter-drone business. The company raised its full-year 2026 revenue growth outlook but maintained its adjusted EBITDA margin guidance, and saw significant growth in Software & Services and counter-drone product revenue.
Family trust tied to Mohawk Industries (NYSE: MHK) insider sells shares
A family trust associated with an insider of Mohawk Industries (NYSE: MHK), identified as "PASTrust fbo Suzanne Helen," sold 2,844 shares of the company's common stock. These open-market transactions, totaling about $300,458, occurred on June 3-4, 2026, at weighted average prices of $104.83 and $106.06. Following the sales, the trust indirectly holds 48,049 shares, while a related family limited partnership holds an additional 141,646 shares.
Viasat (VSAT) CFO Garrett Chase sells 4,000 shares under 10b5-1 plan
Viasat Inc.'s CFO, Garrett L. Chase, reported the sale of 4,000 shares of common stock on June 3, 2026, executed in three tranches at weighted average prices between $71.8525 and $73.5363. These transactions were conducted under a pre-established Rule 10b5-1 trading plan adopted on February 25, 2026. Following these sales, Chase retains an indirect holding of 657 shares through a 401(k) plan.
WGS Investors Have Opportunity to Lead GeneDx Holdings Corp. Securities Fraud Lawsuit with the Schall Law Firm
The Schall Law Firm is encouraging investors of GeneDx Holdings Corp. (NASDAQ: WGS) who purchased securities between April 16, 2025, and May 4, 2026, to contact them to lead a class action lawsuit. This comes after GeneDx allegedly made false and misleading statements, reporting a drop in adjusted gross margin, lowered projected earnings, and a $31.3 million impairment related to Fabric Genomics in Q1 2026. Investors who suffered losses are urged to join the lawsuit before August 3, 2026.
In-Depth: New Tyson CEO Knows his Way Around Walmart
Jeff Schomburger, the new CEO of Tyson Foods starting in October, brings extensive experience from his time leading Procter & Gamble's "Walmart Team," where he developed collaborative partnerships with the retail giant. His strong customer focus and deep understanding of data are highly praised by former colleagues. Although his appointment was unexpected by some given his limited operational experience in the protein industry, analysts believe his CPG background will benefit Tyson's prepared foods segment and its crucial relationship with Walmart.
Applied Materials Inc. stock underperforms Friday when compared to competitors
Shares of Applied Materials Inc. (AMAT) fell 9.71% to $453.01 on Friday, underperforming the broader market as the S&P 500 Index and Dow Jones Industrial Average also experienced declines. This drop ended a six-day winning streak for the company's stock.


