Dow Jones Top Company Headlines at 7 PM ET: AMD Reports Sharply Higher Profits, Sales | IBM ...

AMD Reports Sharply Higher Profits, Sales

The chip maker reported steep gains in both profit and sales for the third quarter as it moved deeper into AI data centers and increased sales of personal computer processors.

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IBM to Lay Off Thousands of Employees Before End of Year

The tech company said the cuts, scheduled for the current quarter, will affect a small percentage of its workforce.

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Naver's Third-Quarter Earnings Rose on AI Push

The South Korean internet giant's third-quarter net profit rose 39% as its artificial-intelligence push bolstered growth across its core platform and online-commerce segments.

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Super Micro Raises Revenue Outlook as Order Book Expands

The server maker now expects revenue for fiscal 2026 to hit at least $36 billion amid rising AI-related demand for Nvidia-equipped servers.

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Amgen Raises Full-Year Outlook After Third-Quarter Profit, Sales Jump

The biotechnology company reported a profit of $3.22 billion thanks to a 12% rise in product sales.

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Pfizer, Novo Nordisk Escalate Bidding War for Weight-Loss Drug Startup

The revised bids are the latest unusual twist in the fight between big drugmakers over drug developer Metsera.

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Pinterest Third-Quarter Sales Rise, Sees Slower Growth in Fourth Quarter

The social-media platform now expects revenue in the fourth quarter to slow to 14% to 16%, despite recording 17% growth in the third quarter.

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Air Canada Sales, Profit Fall Following Flight Attendant Strike

The airline's revenue fell 5% to 5.77 billion Canadian dollars in the latest quarter.

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Yum Brands Explores Sale of Pizza Hut

The pizza chain has nearly 20,000 locations worldwide and has reported declining same-store sales for several quarters.

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Apollo Invests $75 Billion in Quarter As Firm Continues to Grow Deal Capacity

The New York credit investor is on track to meet a $275 billion annual goal for new investments this year.

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TPG to Profit From Market Rebound With Nearly $73 Billion to Invest

Private-markets firm's bullish outlook follows a strong third quarter, in which it invested a record $15 billion and raised $18.3 billion.

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Rivian Third-Quarter Revenue Rises 78% on Higher Vehicle Deliveries, Pricing

The electric-vehicle maker's top line rose to $1.56 billion as sales from its automotive business, which comprised the majority of total revenue, increased 47%.

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Match Results Improve, Though Tinder Is Still Searching for Love From Users

Tinder experienced another decline in revenue and a 7% drop in paying users, though Chief Executive Spencer Rascoff said certain new product offerings are gaining traction with Gen Z users.

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Sonida in Merger Talks to Create One of America's Largest Senior Housing Firms

The company is looking to acquire CNL Healthcare Properties in a $1.8 billion deal.

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Corteva Narrows Loss, Raises Sales View Ahead of Seeds Spinoff

The seed and pesticide producer posted a loss of $320 million in the third quarter, compared with a loss of $524 million a year earlier.

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Pfizer Profit Falls Amid Lower Covid-19 Drug Demand

Pfizer reported lower third-quarter profit as demand for its Covid-19 vaccine and antiviral drug continued to decline.

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Major Investor in Victoria's Secret Seeks Board Shake-Up

BBRC, which owns a nearly 13% stake in the retailer, called for the removal of board chair Donna James and asked for a board seat.

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Trump Negotiating Deal With Ozempic Maker to Sell Some Weight-Loss Drugs for $149

Novo Nordisk, as well as Eli Lilly, would gain Medicare and Medicaid coverage for their blockbuster weight-loss drugs.

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Major Tesla Investor Rejects Elon Musk's $1 Trillion Pay Deal

Norway's sovereign-wealth fund is the first major institutional investor to disclose how it voted on the chief executive's pay package.

(END) Dow Jones Newswires

November 04, 2025 19:15 ET (00:15 GMT)