Dow Jones Top Company Headlines at 3 AM ET: Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal | Opendoor ...
Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.
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Opendoor Technologies Snags Shopify Operating Chief Nejatian as CEO
The appointment, which comes amid Opendoor's rise as a new favorite meme stock, will help the online marketplace emphasize artificial intelligence.
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Oxford Industries Profit Beats Expectations
The owner of the Tommy Bahama and Lilly Pulitzer brands had taken steps to absorb higher tariff-related costs, allowing the company to back its profit guidance for the year.
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Subprime Car Lender Tricolor Files to Liquidate After Bank Alleges Fraud
The Dallas-based auto financing provider and dealer, which caters to those without credit histories, filed for chapter 7 bankruptcy.
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The CEO Who Wants to Double the Size of His Bank to $1 Trillion
Bill Demchak has already grown PNC into the country's eighth-largest bank and he is on a mission to challenge the likes of JPMorgan.
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Klarna Rises 15% in First Day of Trading on NYSE
The debut was the latest sign that a long-suffering IPO market is alive and kicking.
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Hims & Hers Health Expands Testosterone Offerings
Hims & Hers Health is launching treatments for low testosterone on its telehealth platform, venturing deeper into a category often marred by stigma, according to its chief executive.
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Europe Tells Textile Producers to Manage Their Own Waste
Textile manufacturers will have to cover the cost of collecting, sorting and recycling their products, under a new ruling from the European Parliament
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Waymo Robotaxis Face New Challenger in Atlanta
Michigan-based May Mobility is teaming up with Lyft to launch a service against Waymo's availability on the Uber app.
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Tricolor Files for Bankruptcy. The Auto Lender Was Once an ESG Favorite.
Tricolor, the subject of a 2022 Barron's investigation, specialized in auto loans to customers lacking credit.
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Potbelly Sandwich Chain to Sell Itself to Convenience-Store Operator RaceTrac
The $566 million deal is expected to close this year. The companies don't plan to "put a Potbelly in every RaceTrac."
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Chewy Lifts Sales Outlook, Bets on Growth Over Short-Term Profit
Chewy will give up some profit to fetch a larger share of the pet-supplies market, even if that means disappointing Wall Street in the near term.
(END) Dow Jones Newswires
September 11, 2025 03:15 ET (07:15 GMT)
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