Dow Jones Top Company Headlines at 3 PM ET: Nvidia Invests $150 Million in AI Inference Startup Baseten | Warner ...

Nvidia Invests $150 Million in AI Inference Startup Baseten

The move follows other investments from the chip giant to improve and expand the delivery of artificial-intelligence services to customers.

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Warner Strikes New All-Cash Deal With Netflix

The media company also released financial details on its soon-to-be spun-off cable networks.

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EDO Ordered to Pay $18.3 Million to iSpot for Breach of Contract

Lawsuit claimed that EDO developed competing products using iSpot's data and intellectual property.

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Anthropic CEO Says Government Should Help Ensure AI's Economic Upside Is Shared

In a WSJ interview, Dario Amodei says the public isn't prepared for the potential inequality that the technology might create.

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Moderna, Merck Report Positive Results From Cancer-Vaccine Study

Moderna and Merck's cancer vaccine reduced the risk of relapse or death for melanoma patients, five-year data from a Phase 2b trial showed.

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D.R. Horton Posts Lower Profit, Expects Elevated Incentives to Drag Down Second-Quarter Margins

Chief Executive Paul Romanowski said in the company's earnings call that the company's incentives increased during the quarter and that based on December incentive levels, margins would likely decline in the second quarter.

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3M Says Trump's Tariff Threats Over Greenland Could Dent 2026 Earnings

3M exports about $700 million of goods to Europe and imports roughly $250 million back, said Chief Executive William Brown, which makes the potential tariff impact significant.

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GSK to Acquire RAPT for $2.2 Billion to Bolster Food Allergy Treatments

The drugmaker said it agreed to pay RAPT Therapeutics shareholders $58 per share, with $1.9 billion upfront investment in cash.

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Chevron's Dilemma in Venezuela: Support Trump's Vision Without Losing Money

The company lobbied hard for proximity to Venezuela's oil wealth-but it has little appetite for making major investments there in the near term.

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Leggett & Platt Enters Non-Disclosure Agreement With Suitor Somnigroup

Leggett & Platt has opened the door to a possible takeover by Somnigroup International despite knocking back the bedding company's roughly $1.63 billion offer as too low.

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Citi Hires Former Paramount Executive to Head Media Banking

Alex Berkett oversaw Paramount's sale of Simon & Schuster and was involved in its recent merger with Skydance.

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Baidu's AI Assistant Reaches Milestone of 200 Million Monthly Active Users

The company's artificial intelligence-empowered Ernie Assistant is integrated into its flagship Baidu search-engine app and on personal computers.

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D.R. Horton Earnings Beat Expectations as Homebuyers Stay Cautious

D.R. Horton earnings top expectations. But 'affordability constraints and cautious consumer sentiment continue to impact new home demand,' says Executive Chairman David Auld.

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ChatGPT is now doing what Sam Altman called a 'last resort' only two years ago

Confronted with fierce competition from its rivals and immense funding requirements in the next few years, Altman announced ads on ChatGPT.

(END) Dow Jones Newswires

January 20, 2026 15:15 ET (20:15 GMT)