Darden Restaurants reported mixed results for its fiscal fourth quarter ending May 31, 2026. Adjusted earnings per share of $3.66 slightly exceeded analyst expectations of $3.63, while revenue rose 13.7% year-over-year to $3.72 billion but fell just short of the $3.73 billion forecast. Sales growth was driven by an extra week of operations, 4.6% same-restaurant sales increase, and 43 net new restaurants. For fiscal 2026, total sales rose 9.4% to $13.21 billion with adjusted earnings per share increasing 11.4% to $10.64. CEO Rick Cardenas highlighted strong brand performance and strategic discipline as key to the year’s success. Shares remained stable after the report.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...
Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...
Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...
