Dow Jones Top Company Headlines at 11 PM ET: AI Giants Go on Charm Offensive to Avert Public Backlash | SpaceX ...
Market Updates

Dow Jones Top Company Headlines at 11 PM ET: AI Giants Go on Charm Offensive to Avert Public Backlash | SpaceX ...

Morningstar25d ago

AI Giants Go on Charm Offensive to Avert Public Backlash

Polls show artificial intelligence is broadly unpopular, prompting steps from companies to ease concerns.


SpaceX Isn't Even Public Yet. Investors Are Already Abuzz About a Tesla Merger.

With Elon Musk focused on artificial intelligence, investors and analysts are discussing a merger of his biggest companies.


Ford Asks Trump Administration for Relief as Tariffs Pummel F-150

The Detroit company and other carmakers are reeling after a domestic supplier went offline, but the administration hasn't budged.


Levi Strauss Raises Fiscal-Year Guidance as Turnaround Bears Fruit

The updated outlook comes after the apparel company logged higher profit and 14% revenue growth in its latest quarter, driven by growth across channels, regions and categories.


Elon Musk Asks for OpenAI's Nonprofit to Get Any Damages From His Lawsuit

Tesla billionaire also seeks Sam Altman's removal from the OpenAI nonprofit's board in an amendment to the suit over for-profit conversion.


Anthropic Set to Preview Powerful 'Mythos' Model to Ward Off AI Cyberthreats

Anthropic is taking steps to arm some of the world's biggest technology companies with tools to find and patch bugs in their hardware and software.


Cornerstone Taps AlixPartners for Debt Restructuring, Capital Raise

The Clayton Dubilier & Rice-backed building materials company has nearly $5 billion in debt.


GoPro to Eliminate 23% of Workforce in Cost-Cutting Move

The wearable camera maker said its board approved a restructuring plan to slash costs, which will entail cutting 145 employees.


Intel Partners With SpaceX, Tesla to Operate New Chip Plant

The Elon Musk-led companies plan to work with the semiconductor manufacturer at the Terafab project planned in Texas.


Delta Air Lines Increases Bag Fees as Fuel Prices Rise

Delta Air Lines will raise fees for checked bags on domestic and select short-haul international ​routes, a move that comes as airlines look to offset soaring jet fuel costs stemming from the Iran war.


Gilead to Buy German Biotech Tubulis for $3 Billion for Experimental Cancer Drugs

The deal bolsters the California biotech's pipeline of treatments that aim to deliver chemo in a more targeted way,

Blackstone closed a $10 billion opportunistic credit fund, hitting the fund's hard cap even as the private credit industry struggles to stem an outflow of capital driven by investor worries.


Commerzbank Doesn't See Basis For Deal With UniCredit Following Talks

Germany's Commerzbank said it doesn't see a basis for a deal with Italy's UniCredit after recent interactions between the two banks, signaling it will continue to focus on its standalone strategy.

Originally published by Morningstar

Read original source →
SpaceXAnthropic