Dow Jones Top Company Headlines at 5 PM ET: Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever | Lilly's ...
Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever
The company, which launches satellites and is building an AI business, is aiming to raise between $40 billion and $80 billion in an offering.
Lilly's Obesity Pill Approval Kicks Off New Front in Weight-Loss Drug Wars
The drugmaker's pill will take on a rival from Novo Nordisk in the booming multibillion-dollar obesity drug market.
Analysts expect U.S. new-vehicle sales to drop about 7% in the first quarter.
Conagra Returns to Organic Sales Growth, But Inflation Pressures Profit
The food-and-snacks company narrowed its annual forecast amid mixed quarterly results.
The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist
Co-founders John Overdeck and David Siegel stepped down as co-CEOs in 2024. They're still fighting over their successors.
The company warned of possible delays in product ordering and shipping
Intel to Buy Apollo's Stake in Joint Ireland Chip Manufacturing Facility for $14.2 Billion
Intel agreed to buy Apollo Global Management's 49% stake in the companies' Fab 34 joint venture chip manufacturing plant in Ireland for $14.2 billion.
Shake Shack Leans on Loyalty Program and Tech to Drive Growth
The burger chain joins a list of restaurant chains leaning into loyalty programs to drive growth.
This Crypto Stock Drops 25% in U.S. Trading Debut. Can It Break the SPAC Curse?
CoinShares, the crypto asset manager, goes public in the U.S. through a merger with a special-purpose acquisition company.
Lamb Weston Earnings Top Estimates. Why The Stock Is Barely Budging.
Lamb Weston continues to grapple with falling demand in certain customer segments and faces pressure from activist investors.
Nike Can't Fix Its China Problem and That's Tanking Its Stock
The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.
Bayer Weighs U.S. Pharma Expansion as Turnaround Picks Up Speed
The company is looking at expanding its manufacturing footprint in the U.S., the head of its pharma unit said, turning to the world's largest drug market to drive a turnaround.
Anthropic Races to Contain Leak of Code Behind Claude AI Agent
The developer has issued a copyright takedown request in a bid to prevent competitors from cloning the coding tool's features.
Cal-Maine's Shift Toward Premium Eggs Softens Hit From Falling Prices
The egg producer logged lower profit and sales in its fiscal third quarter, hurt by materially lower egg prices compared with historic levels seen in the prior year.
Microsoft Plans to Invest $5.5 Billion in Singapore by 2029
Microsoft is on track to invest $5.5 billion in cloud and artificial-intelligence infrastructure in Singapore through 2029.