Worthington Steel, Inc. (WS) Stock News

Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reports  Reuters

Amazon is expanding its custom Trainium AI chip sales beyond AWS to third-party data centers, competing with NVIDIA in the AI infrastructure market. Amazon AI chief Peter DeSantis confirmed discussions with potential customers, noting third-generation Trainium chips are largely sold out with strong demand for fourth-generation chips expected next year. The stock rose 2.55% on the news, though technical indicators remain mixed with resistance near $275.

Amazon.com Inc. (NASDAQ: AMZN ) stock rose on Thursday as investors returned to mega-cap technology stocks and reacted to a report that the company is exploring sales of its custom artificial intelligence chips outside Amazon Web Services. The Nasdaq Composite gained 2.3%, while the S&P 500 advanced 0.8%. AI Chip Expansion Adds Fresh Catalyst Amazon’s gains came as investors embraced a broader risk-on trade. Technology stocks led the market with a 2.9% advance, while seven of the 11 S&P 500 sectors traded higher. The rally also followed a Bloomberg report that Amazon is in talks to sell its custom Trainium AI chips for deployment in third-party data centers. The move would expand the company’s effort to compete with NVIDIA Corp. (NASDAQ: NVDA ) in the AI infrastructure market. Amazon AI chief Peter DeSantis told Bloomberg the company has started discussions with potential customers but declined to identify them. “We view AI infrastructure as rapidly evolving,” DeSantis said. “And we’re constantly looking at ways to get to more customers.” According to Bloomberg, demand for sovereign AI infrastructure is growing, particularly outside the United States. DeSantis said Amazon Web Services has not been affected by Europe’s efforts to reduce its dependence on U.S. technology. He added that Amazon’s third-generation Trainium chips are “largely sold out,” while customer interest is already building for the fourth-generation chips ... Full story available on Benzinga.com

A class action lawsuit has been filed against ADMA Biologics for allegedly making false statements about its business operations. The lawsuit claims ADMA engaged in undisclosed related party transactions, used channel stuffing to inflate revenues, and lacked adequate internal controls. Following a short report by Culper Research on March 24, 2026, ADMA's stock fell 16.63%. Investors who purchased ADMA securities between August 9, 2024 and March 25, 2026 can join the lawsuit.

AI/R Compass UOL, a subsidiary of AI/R specializing in agentic AI, has achieved the AWS Business Value Realization Competency. This AWS Partner designation recognizes the company's ability to help customers deliver measurable business outcomes from their AWS investments through Business Value Realization Plans that tie cloud workloads to specific business objectives.

The Rosen Law Firm is investigating potential securities claims against Wise Group plc (NASDAQ: WSE) following a Wall Street Journal report that Brussels' public prosecutor is preparing to summon the payment processor over a money laundering investigation. The stock fell sharply on June 1, 2026 following the news. Investors who suffered losses are encouraged to join a prospective class action lawsuit.

The Rosen Law Firm is investigating potential securities claims against Wise Group plc (NASDAQ: WSE) following a Wall Street Journal report that Brussels' public prosecutor is preparing to summon the payment processor over a money laundering investigation. The stock fell sharply on June 1, 2026 following the news. Investors who suffered losses are encouraged to join a prospective class action lawsuit.

ADMA Biologics has been sued for securities fraud for allegedly misleading investors about revenue growth through a channel-stuffing scheme involving its ASCENIV product and failing to disclose a related-party distribution relationship. A Culper Research report revealed the growth was driven by excess inventory rather than genuine demand, causing the stock to plummet from $13.59 to $8.29 per share. Investors who purchased shares between August 9, 2024, and March 25, 2026, may be eligible to recover losses.

A class action lawsuit has been filed against Verra Mobility Corporation for allegedly providing misleading statements about its relationship with Avis Budget Group while concealing material adverse facts. On May 26, 2026, Verra announced Avis terminated its contract effective September 2026, expected to reduce 2026 revenue by $135-145 million and segment profit by $120-125 million. The stock price dropped following the announcement.

President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.

Pinterest, Inc. (NASDAQ: PINS ) shares are trading higher on Thursday after the social media company disclosed that it is expanding its collaboration with Amazon.com, Inc. (NASDAQ: AMZN ) Amazon Web Services (AWS). The renewed agreement with AWS is the largest infrastructure commitment in Pinterest’s history and is expected to accelerate the company’s AI roadmap. Partnership To Boost AI Infrastructure This strategic partnership includes a planned $4 billion commitment for cloud services through 2031, aimed at enhancing Pinterest’s AI capabilities and infrastructure. This move is designed to improve the search and shopping experience for the platform’s over 600 million monthly active users. Pinterest CTO Matt Madrigal says the expanded commitment with AWS gives compute flexibility, hardware optionality, and infrastructure efficiency to “accelerate” AI innovation at Pinterest and improve consumer experience and advertiser performance. Recent AI Advancements During the earnings call, the company disclosed a major AI advancement. The company named PinRec, which is a generative retrieval system trained on user activity and the Taste Graph. It delivers personalized results across all surfaces using a single model. Since its launch in 2025 and expansion in ... Full story available on Benzinga.com

Rosen Law Firm is investigating potential securities claims against Wise Group plc (NASDAQ: WSE) following a Wall Street Journal report that Brussels' public prosecutor is preparing to summon the payment processor over a money laundering investigation. The stock fell sharply on June 1, 2026 following the news. The firm is preparing a class action lawsuit to recover investor losses.

A class action lawsuit has been filed against Veritone, Inc. for allegedly making false statements and failing to disclose accounting irregularities during the period between October 14, 2025 and April 14, 2026. The company allegedly inaccurately recorded revenue and costs, overstated financial metrics, and maintained deficient internal controls, requiring a financial restatement.

A class action lawsuit has been filed against SES AI Corporation in the U.S. District Court for the District of Massachusetts on behalf of investors who purchased securities between January 29, 2025 and March 4, 2026. The lawsuit alleges that SES AI made false and misleading statements regarding business prospects, overstated expected results from deals, created artificial revenue through circular transactions, and concealed material logistics constraints that affected Q4 2025 revenues and 2026 guidance. Investors have until June 26, 2026 to apply as lead plaintiff.

Snowflake announced a $6 billion multi-year commitment to AWS for Graviton compute and AI services, alongside strong Q1 results that drove a 35% stock surge. The deal includes expanded product integrations and go-to-market efforts focused on enterprise AI at scale. Snowflake also acquired Natoma to add governance capabilities for AI agents, positioning itself against rival Databricks in the competitive AI data infrastructure market.

Snowflake stock surged over 30% following strong fiscal Q1 results and a $6 billion five-year AWS spending commitment. Product revenue growth accelerated to 34% year-over-year, and net revenue retention climbed to 126% for the first time in over a year, driven by AI adoption. However, the analyst cautions that the lofty price-to-sales ratio of 17 may already reflect much of the good news.

Snowflake Inc. (NYSE: SNOW ) dropped a one-two punch Wednesday evening: a blowout quarter and a $6 billion commitment to Amazon.com Inc. (NASDAQ: AMZN ) AWS that signals the company is making a clear strategic bet on where the AI infrastructure war will be won. SNOW stock is soaring after earnings. See the price action here.   AWS Commitment The new multi-year deal — announced alongside first-quarter results that sent SNOW shares surging more than 35% — calls for Snowflake to spend $6 billion on AWS’s Graviton compute and AI services over the next five years.  That implies roughly $1.2 billion in annual AWS spend, a dramatic escalation from the $2.5 billion arrangement the companies held as of 2023, according to CNBC.   The partnership isn’t just a spend commitment. The agreement expands joint go-to-market efforts, deeper product integrations across generative and agentic AI, and shared customer success programs aimed at migrating enterprises onto a combined AI stack.  Snowflake CEO Sridhar Ramaswamy framed it plainly: the AWS deal is about ... Full story available on Benzinga.com

Snowflake Inc. (NYSE: SNOW ) shares skyrocketed over 35% in premarket trading on Thursday after the AI data cloud provider crushed first-quarter fiscal 2027 expectations, upgraded its full-year growth outlook, and announced a massive $6 billion multi-year infrastructure agreement with Amazon.com Inc. ‘s (NASDAQ: AMZN ) AWS. A ‘Clear Inflection’ In AI Growth The blowout quarter represents a pivotal shift that Patrick Moorhead , Chief Analyst at Moor Insights Strategy, said can fundamentally “re-rate the data platform story,” signaling that enterprise AI product adoption is finally lifting corporate trajectories rather than just driving market narrative. Snowflake's first-quarter revenue climbed 33% year-over-year to $1.39 billion, handily beating Wall Street estimates of $1.32 billion. On the back of this accelerated momentum, management lifted its full-year fiscal 2027 product revenue guidance to $5.84 billion, representing 31% year-over-year growth. "AI continues to be a powerful tailwind for Snowflake, and Q1 marks a clear inflection point in that journey," stated Snowflake CEO Sridhar Ramaswamy . ... Full story available on Benzinga.com

The cloud infrastructure race has always been about scale. Now, however, it is increasingly about margin. A new report from Semianalysis shows that Amazon.com Inc. (NASDAQ: AMZN ) has pulled measurably ahead of its cloud rivals, and the engine driving that gap is not simply raw compute capacity. It is the structural economics of how Claude operates on Amazon Bedrock. AWS Margin Growth Is Not an Accident In Q1 2026, AWS posted revenue of $37.6 billion, up 28% year-over-year. That growth rate marked the fastest expansion in 15 quarters. More importantly, AWS operating margin reached 37.7%, rising for three consecutive quarters. Meanwhile, Semianalysis research shows AWS EBIT margins expanded by 213 basis points quarter-over-quarter. Competitors, by contrast, are not keeping pace. Microsoft Corporation's (NASDAQ: MSFT ) Intelligent Cloud gross margin percentage declined slightly in Q1, due to the cost of scaling AI infrastructure, per Microsoft's own investor disclosures. That is a meaningful contrast: AWS is expanding margins as AI spending rises, while Azure is compressing them. The Bedrock Deal Structure Is the Key Most coverage of Claude's success focuses on user growth and revenue milestones. However, the more consequential story for investors lies in how the AWS-Anthropic commercial structure actually works. According to Semianalysis, Anthropic acts as the seller of record when Claude tokens move through Amazon Bedrock. AWS, therefore, earns both an infrastructure fee and a distribution revenue share for every token sold. This arrangement functions like a high-margin royalty stream layered on top of AWS's existing compute revenue. In other words, AWS gets paid twice, ... Full story available on Benzinga.com

A class action lawsuit has been filed against New Era Energy & Digital, Inc. (NASDAQ: NUAI) for allegedly making false statements about its Texas Critical Data Centers project and engaging in a fraudulent scheme involving oil and gas wells in New Mexico. Investors who purchased securities between November 6, 2024 and December 29, 2025 can seek lead plaintiff status by June 1, 2026.

Mexico's data center market is projected to grow at 19.32% CAGR from 2025 to 2031, reaching $3.48 billion by 2031 from $1.2 billion in 2025. Growth is driven by AI, IoT, big data adoption, 5G expansion, and government initiatives. Key developments include Latin America's first NVIDIA-backed HPC and AI center in Nuevo León with $1 billion investment, and $7.14 billion in renewable energy projects. Major investors include AWS, Microsoft, Google, Equinix, and Ascenty.

US CFTC probes spike in oil futures trading before Trump postponed Iran strikes, WSJ reports  Reuters

Revenue expanded 9.4% YoY, EPS more than tripled, dividend yield increased substantially TAIPEI , May 19, 2026 /PRNewswire/ -- World Gym Corporation (TWSE: 2762) ("World Gym" or the "Company"), the owner of the iconic World Gym brand with more than 280 locations worldwide, highlights its financial results for the first quarter of 2026 and invites investors to attend its upcoming online results conference hosted by Fubon Securities. Q1 2026 Financial Highlights Net Profit: NT$219 million (US$6.93 million), up 31.3% QoQ and 344.7% YoY Gross Margin: 21.78% , up 1 ppt QoQ and 6.2 ppts YoY Operating Margin: 10.69% , up 2.1 ppts QoQ and 7 ppts YoY Earnings Per Share: NT$2.01 Cash Dividend Approved: NT$3.64 per share Total revenue increased 9.38% YoY to NT$2.81 billion (US$88.88 million), while net income rose 3.45x YoY , marking the fourth consecutive quarter of significant EPS growth and a new single-quarter record since the Company's TWSE listing. The Board approved a Q1 dividend consisting of NT$1.81 per ... Full story available on Benzinga.com

A class action lawsuit has been filed against SES AI Corporation in the U.S. District Court for the District of Massachusetts on behalf of investors who purchased securities between January 29, 2025 and March 4, 2026. The lawsuit alleges that SES AI made false and misleading statements regarding business prospects, overstated expected results from deals, created artificial revenue through circular transactions, and failed to disclose material logistics constraints that affected Q4 2025 revenues and 2026 guidance.

Loews Corporation (NYSE:L) announced a quarterly dividend of $0.0625 per share of Common Stock, payable June 9, 2026 to shareholders of record as of May 27, 2026. The diversified company operates in insurance, energy, hospitality, and packaging industries.

A class action lawsuit has been filed against New Era Energy & Digital, Inc. (NASDAQ: NUAI) in the U.S. District Court for the Western District of Texas. The lawsuit alleges that the company made false statements regarding its Texas Critical Data Centers project permitting progress and was involved in a fraudulent scheme related to oil and gas wells in New Mexico to avoid remediation costs. Investors who purchased securities between November 6, 2024 and December 29, 2025 can apply to be lead plaintiff by June 1, 2026.

UAE has been secretly carrying out attacks on Iran, WSJ reports  Reuters

Monteverde & Associates PC, a class action securities firm, has launched legal investigations into four major merger and acquisition transactions. The firm is investigating potential shareholder concerns related to the sales/mergers of Whitestone REIT (to Ares Management), Green Dot Corporation (to Smith Ventures and CommerceOne Financial), UniFirst Corporation (to Cintas Corporation), and Global Net Lease (merger with Modiv Industrial). The firm invites shareholders to contact them with concerns regarding fair deal terms.

Israel built and defended a secret base in Iraq for Iran war, WSJ reports  Reuters