Dow Jones Top Company Headlines at 3 AM ET: Alibaba Shares Surge as It Boosts Bet on AI, Rolls Out New Model | JD ...
Alibaba Shares Surge as It Boosts Bet on AI, Rolls Out New Model
The Chinese tech giant said it will invest more than $53 billion in artificial intelligence-above its original target-and released a new AI model.
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JD Sports Fashion Posts Revenue Rise, Profit Dip In Line With Guidance
Revenue at the sneaker and fashion retailer was up 20% at constant currency while profit before tax and adjusted items fell.
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Wall Street Is Poaching Bankers in a Red-Hot Job Market
Dealmaking is picking up, and big firms are hunting for more bankers and senior hires.
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Micron Technology Scrambles to Meet Soaring Memory Demand
The company logged another quarter of growth as climbing demand for its memory products drove revenue higher.
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Ford Courts Riskier Borrowers With Lower Rates for F-150 Pickups
The unusual end-of-quarter sales promotion addresses affordability for shoppers with weak credit profiles.
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OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power
In the Texas prairie, the startup showcases ground zero of the AI boom and its plans to shepherd $1 trillion in infrastructure spending.
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Zijin Gold's Blockbuster Listing Delayed as Typhoon Hits Hong Kong
A supertyphoon that is lashing Hong Kong with heavy rains and winds has halted a blockbuster initial public offering by the gold unit of one of China's biggest miners.
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Shares of Lithium Miner Pop as U.S. Proposes Equity Stake
It's the latest effort by the Trump administration to seek partial ownership in private business, following similar arrangements with Intel and rare earth miner MP Materials.
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Eli Lilly to Build $6.5 Billion Texas Facility to Boost U.S. Ingredient Manufacturing
The planned site, which will be used to manufacture the company's first oral weight-loss drug, is expected to be operational within five years.
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Disney Is Broadly Raising Prices for Streaming. It Isn't Alone.
Price increases are planned months in advance, but the timing of Disney's move coincides with viewer frustrations over ABC's 'Jimmy Kimmel Live!'
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SEC Says RadioShack Brand Buyer Ran a Ponzi Scheme
Federal securities regulator accused the two co-founders of Retail Ecommerce Ventures of raising more than $100 million through fraudulent means.
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Boeing Chooses Palantir to Boost AI Adoption in Defense, Space Unit
The aerospace company said that its BDS unit would use Palantir's Foundry platform to standardize data analytics and insights across its geographically dispersed defense factories.
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Bank of Montreal Explores Selling a Cluster of U.S. Branches
The bank is seeking to unload some of its U.S. branches with roughly $6 billion in deposits, according to people familiar with the matter.
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AutoZone Says Higher Prices From Tariffs Won't Keep Customers Away
The company recorded higher same-store sales for the fourth quarter as tariffs pushed up prices of auto parts.
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FAT Brands, Bondholders Working With Advisers for Restructuring Talks
Founder Andrew Wiederhorn recently stepped back in as CEO of the restaurant franchiser following SEC complaint.
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Amazon Plans to Shut U.K. Grocery Stores
Amazon.com aims to close all its bricks-and-mortar Amazon Fresh U.K. stores just four years after opening its first in the country, as the company leans into online delivery and its Whole Foods Market brand.
(END) Dow Jones Newswires
September 24, 2025 03:15 ET (07:15 GMT)
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