Dow Jones Top Company Headlines at 3 PM ET: Nvidia to Invest $1 Billion in Nokia in AI Pact | OpenAI ...
Nvidia to Invest $1 Billion in Nokia in AI Pact
The chip maker will have a 2.9% ownership stake in the Finnish telecommunications company.
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OpenAI Completes For-Profit Transition, Pushing Microsoft Above $4 Trillion Valuation
Startup's conversion clears obstacle for potential initial public offering, gives Microsoft 27% stake in new public-benefit corporation.
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ASM International Orders Miss Forecasts as Chip Demand Remains Fragmented
The Dutch company posted orders below analysts' forecasts for the third quarter as bookings from China fell substantially and demand for semiconductors in different sectors remains uneven.
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Eli Lilly Partners With Nvidia to Build AI Supercomputer for Drug Discovery
The drugmaker hopes an Nvidia-chip powered supercomputer will help it find new drugs and accelerate lengthy R&D timelines.
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Western Union, Early Telegraph Pioneer, Joins the Crypto Arms Race
The company plans to launch its own stablecoin in 2026 to send money around the globe, a move that might lower customer costs and settle transactions faster.
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UPS Cuts 48,000 Jobs in Management and Operations
The shipper disclosed 34,000 job cuts in operations as its chief executive is under pressure to reverse a long slump in the company's stock price.
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UnitedHealth Revenue Rises as Turnaround Efforts Continue
The healthcare giant reported revenue rose more than 10%, and its CEO said he was confident of solid earnings growth next year.
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PayPal to Partner with OpenAI for ChatGPT Checkout; Lifts Earnings Forecast
PayPal Holdings has teamed with OpenAI to allow ChatGPT users buy products found through the AI chatbot with their PayPal accounts.
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Amazon Lays Off 14,000 Corporate Workers
âThe cuts are the first âstep in layoffs expected to âaffect as many as 30,000 jobsâ, or âabout 10% of the online giant's white-collar workforce.
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Anglo American Warns on 2026 Copper Output
The company warned that next year's copper production could be lower than expected due to challenges at a mine in Chile, threatening to further squeeze an already tight market.
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Texas Suit Accuses Tylenol Maker of Hiding a Link to Autism
The suit alleges that Kenvue hid autism risks of its popular pain reliever despite doctors saying it is safe to take during pregnancy.
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U.S. Signs $80 Billion Nuclear Deal With Westinghouse. Cameco and Brookfield Stocks Surge.
The government will arrange financing and facilitate approvals for at least $80 billion in new nuclear reactors.
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D.R. Horton Says Wary Buyers Will Continue Demanding Incentives
D.R. Horton recorded a lower fourth-quarter profit as affordability concerns continued to put off home buyers.
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Wayfair Posts Higher Revenue on Increased Orders
Wayfair logged improved revenue in the third quarter with orders rising, as shoppers bought new furniture before new tariffs went into effect.
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JetBlue Quarterly Loss Widens, Demand Expected to Continue Improving
JetBlue Airways expects demand will continue to improve through the end of the year after it logged a widened loss in the latest quarter.
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Peter Thiel-Backed Startup Secures $100 Million to Make Chips in U.S.
Substrate is seeking to build semiconductor factories with new laser-based technology, but the hurdles are high.
(END) Dow Jones Newswires
October 28, 2025 15:15 ET (19:15 GMT)
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