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Dow Jones Top Company Headlines at 7 PM ET: Anthropic Prepares to Push Ahead With IPO Despite Market Jitters | Skydance ...
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Dow Jones Top Company Headlines at 7 PM ET: Anthropic Prepares to Push Ahead With IPO Despite Market Jitters | Skydance ...

Morningstar3d ago

Anthropic Prepares to Push Ahead With IPO Despite Market Jitters

The Claude maker is braving investor nerves around artificial intelligence and an Nvidia investigation.

Skydance Plans to Cut $6 Billion in Costs Following Warner Bros. Deal

Skydance plans to cut costs by eliminating layers of management, combining operations and reducing technology expenses.

Nvidia's Board Investigates Reports That CEO Was Spying Target After Affair

Jensen Huang apologized for being unfaithful to his wife, after he had an affair with an executive suspected of working for Chinese intelligence.

Take-Two Interactive Software Reports Lower Revenue Ahead of 'GTA VI' Launch

Chief Executive Strauss Zelnick said pre-orders for "GTA VI," which drops Nov. 19, have reached unprecedented levels.

Hims & Hers' Climbing Costs Weigh on Outlook

The digital healthcare company narrowed its sales outlook after higher costs in the third quarter resulted in an unexpected loss.

JBS Reports Lower Profit, Citing Difficult Operating Environment

The Brazilian meatpacking company Monday logged a profit of $164.4 million, or 15 cents a share, compared with a profit of $580.9 million, or 52 cents a share, a year earlier.

Stellantis Clinches Deal to Sell Canadian Factory to Defense Firm

The transaction, should it close as anticipated by the end of the year, would bring an end to car manufacturing at the Brampton, Ontario factory, which has emerged as a flashpoint in U.S.-Canada trade tensions.

Lucid's Earnings Miss and Expanded Saudi Loan Send Stock Lower

It has secured another $1.75 billion in liquidity from Saudi Arabia's sovereign-wealth fund ahead of its sub-$50,000 SUV launch next year.

Rocket Lab Backlog Went to the Moon. The Stock Is Down Anyway.

Rocket Lab's third-quarter revenue of $268 million, topped Wall Street estimates of $257 million.

Boeing Commercial Airplanes to Reduce Workforce by Around 5%

CEO Stephanie Pope said layoffs will be necessary to implement a revised business plan and stabilize the company's supply chain.

Trump Media & Technology Group Swings to Profit Ahead of TAE Technologies Merger

The parent of Truth Social on Monday reported a profit of $409.7 million in the third quarter, boosted by gains on digital assets.

Honda to Invest $3 Billion in New Ohio Plant to Boost Hybrid Vehicle Production

The facility, which is expected to begin production in 2029, would be capable of building 240,000 vehicles a year, bringing the company's total U.S. auto production capacity to about 1.3 million annually.

Federal Government Probes Waymo Over School-Bus Safety

Waymo had said it fixed the software on its driverless cars to stop them from passing school buses flashing red lights.

KKR's Nuttall Says Firm to Be Cautious With AI Bets

The alternative-asset manager reported higher-than-expected third-quarter profit while telling investors its AI exposure is limited.

Goodyear CEO Mark Stewart Steps Down

Goodyear Tire & Rubber is parting ways with Chief Executive Mark Stewart amid efforts to bolster the tire company's business.

Barrick Earnings Up as Production Remains On Track for Annual Target

Barrick Mining logged a slight rise in third-quarter net earnings thanks to a jump in gold and copper prices and as improvements in productivity mitigated cost pressures.

Originally published by Morningstar

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