Dow Jones Top Company Headlines at 9 PM ET: xAI's CFO Steps Down, the Latest in a String of Executive Departures | American ...

xAI's CFO Steps Down, the Latest in a String of Executive Departures

Mike Liberatore departed after only a few months on the job.

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American Eagle Credits Sydney Sweeney Ads for 'Brand and Business Reset'

The apparel retailer says it expects comparable sales to increase by low single-digit percentages in the third and fourth quarters

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Hewlett Packard Enterprise Is All In on Networks After Juniper Acquisition

The server and cloud-software company 's acquisition of Juniper helped fuel a 54% jump in quarterly networking revenue.

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Salesforce Shares Slip as Investors Fret Over Light AI Returns

The customer-relationship management platform's light sales outlook and investor concerns about artificial-intelligence returns weighed on its shares, despite higher-than-expected revenue and profit in the second quarter.

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Nippon Steel Drops Lawsuit Against Leaders of Cleveland-Cliffs, Union

The lawsuit accused the leaders of Cleveland-Cliffs and the steelworkers' union of conspiring to scuttle Nippon Steel's deal for US Steel.

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Figma Second-Quarter Revenue Jumps as Businesses Spend More on Design

Figma posted a double-digit increase in revenue in its latest quarter as customers continue to spend more money on its design and product-development software.

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GitLab Boosts Profit Outlook as Revenue Jumps; CFO to Step Down

The company raised its profit outlook for the year after posting double-digit revenue growth in the second quarter.

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C3.ai Stock Tumbles as Chairman Cites 'Unacceptable' Performance

Stephen Ehikian has taken over as CEO, effective Monday.

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Newsmax Files Antitrust Lawsuit Against Fox News

The conservative cable channel accused its bigger rival of using deals with pay-TV distributors to restrict the access of competitors.

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Amazon Pauses Delivery Fleet Redeployments After Outcry Over Repair Costs

The e-commerce giant said it would suspend reassignment of vans after delivery-company owners complained about surprise repair bills.

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ConocoPhillips Is Latest U.S. Oil Producer to Announce Major Layoffs

The driller said it would cut up to a quarter of its workforce, or about 3,250 jobs.

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Credo Stock Surges on a Big Earnings Beat. The AI Play's Revenue Grew 274%.

Credo is a leader in connectivity crucial to AI, and its dominance in active electrical cables promises to be a source of great growth.

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Unilever Plans on 'Refreshing' Top Leaders Amid Broad Restructuring

The company will replace about 25% of its top 200 leaders as it aims to improve its performance results.

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Former Opendoor CEO Reaps Unlikely Windfall From Meme Rally

Carrie Wheeler, who resigned under pressure in August, filed paperwork giving notice of her intent to sell 7 million Opendoor shares worth roughly $35 million.

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Dollar Tree Shares Fall as Tariffs Dampen Near-Term Outlook

The discount retailer warned that tariff-related costs would pressure earnings in the near term, overshadowing an uptick in second-quarter sales.

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Trump Brothers-Backed Bitcoin Mining Company Surges After Nasdaq Listing

American Bitcoin's public listing comes days after the Trump family made as much as $5 billion on paper from a separate digital token.

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How Macy's CEO Tony Spring Is Turning the Retailer Around

The retailer's shares jumped 21% on strong sales, though its CEO cautioned that tariffs could make shoppers more "choiceful."

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Google's Big Win Is Even Bigger for Apple

A court ruling keeps the search giant intact while also allowing payments to the iPhone maker to continue at a vulnerable time.

(END) Dow Jones Newswires

September 03, 2025 21:15 ET (01:15 GMT)