Dow Jones Top Company Headlines at 9 PM ET: Microsoft Signs $17.4 Billion AI Deal With Nebius | Murdoch ...

Microsoft Signs $17.4 Billion AI Deal With Nebius

Microsoft has agreed to pay $17.4 billion for GPU infrastructure capacity over the next five years from Dutch company Nebius.

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Murdoch Family Settles Battle Over Trust

Rupert Murdoch has reached a deal with his children that will pass control of his media assets to his eldest son, Lachlan.

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Australia's ANZ Bank to Cut 3,500 Jobs in A$560 Million Restructure

ANZ Group will cut more than 8% of its workforce and record almost US$370 million in costs as Australia's fourth-largest bank restructures under its new chief executive.

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Dell's Financial Chief Resigns

Dell Technologies named David Kennedy to serve as interim CFO while it launches a search for Yvonne McGill's permanent successor.

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Intel Says Former Co-CEO Johnston Holthaus to Depart

The move is among a number of other leadership appointments at Intel as the company looks to boost its core product business.

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Casey's General Stores Profit, Revenue Rise

The convenience store operator's results were driven by strong same-store sales growth as well as 200 more stores in operation than the previous year, Chief Executive Darren Rebelez said.

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Amid Vaccine Controversy, Pfizer Says New Covid Shots Are Effective

Ahead of a CDC committee meeting, Pfizer has released early data that it says show that its newest Covid-19 shot works. The committee, hand-picked by JFK Jr., includes many vaccine skeptics.

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Hasbro Moves Its Headquarters to Boston

The maker of Nerf blasters and Play-Doh will relocate its headquarters to Boston from Pawtucket, R.I., a move the company said will accelerate innovation, attract top talent and drive long-term growth.

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StubHub Sets IPO Terms That Could Push Market Cap Above $9 Billion

The ticket reseller plans to sell more than 34 million shares at between $22 and $25 apiece in the offering.

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South Korea Says Hyundai Plant Detainees to Go Home Without Being Deported

The country's officials have been negotiating for the U.S. to allow the Korean detainees to leave voluntarily as deportation could trigger a lengthy re-entry ban.

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Databricks Crosses $4 Billion in Annual Revenue Rate

The data analytics company closed its latest financing, raising $1 billion at a $100 billion valuation.

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SpaceX's $17 Billion Deal Plunges Musk Deeper Into Wireless Market

The deal with EchoStar could help the Elon Musk-led company carve out a bigger role in the cellphone market.

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PNC to Acquire Colorado-Based Regional Bank in $4.1 Billion Deal

The agreement helps Pittsburgh-based PNC gain ground in the West and cement its status as a national competitor.

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Salesforce Has to Prove Software's Staying Power in AI Age

Salesforce is under a growing cloud of existential worry about the future of software businesses in the age of AI. Investors want proof that growth will pick back up.

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Volkswagen to Launch Family of Small Electric Cars Next Year

The auto group said it hopes to grab a 20% market share in the growing small electric segment.

(END) Dow Jones Newswires

September 08, 2025 21:15 ET (01:15 GMT)