Dow Jones Top Company Headlines at 11 PM ET: How a Silicon Valley Startup Became a Crypto Lifeline for Venezuela | Luxury ...

How a Silicon Valley Startup Became a Crypto Lifeline for Venezuela

Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions.

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Luxury Brands Need a Comeback in China. They Shouldn't Count on It.

Even with a stock market that is outperforming the S&P 500, Chinese shoppers aren't flocking to luxury brands as they once did.

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Oracle amps up its AI bet with a plan to raise as much as $50 billion this year

After issuing an $18 billion bond offering last fall, Oracle intends to tap the debt and equity markets anew in 2026.

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BlueScope Steel Open to Better Offers After Spurning $8.8 Billion Takeover Bid

BlueScope Steel isn't in talks with suitors Steel Dynamics and SGH but would be open to a takeover proposal that meets its expectations, the company's new chief executive officer said in an interview.

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KKR-Led Group Set to Buy Singapore Data-Center Firm Valued at Over $10 Billion

The consortium is nearing a deal to acquire ST Telemedia Global Data Centres valued at over $10 billion.

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Disney Earnings Need to Show Parks and Streaming Growth

Shareholders have been keenly focused on Disney's streaming growth as linear TV continues to see declines in viewership.

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The AI Boom Is Coming for Apple's Profit Margins

Parts for iPhones to cost more owing to surging demand from AI companies.

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The $100 Billion Megadeal Between OpenAI and Nvidia Is on Ice

Nvidia CEO Jensen Huang has privately played down the likelihood the original deal will be finalized, although the two companies will continue to have a close collaboration.

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French Firm to Sell Division That Helps ICE Track Immigrants

Capgemini announced the move after criticism of a contract to identify and find immigrants in the U.S.

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The CEO Steering Hyundai's $26 Billion U.S. Bet-and Its Push Into Robots

In an interview, Jose Muñoz, the automaker's first non-Korean leader, says he wants to build factories in the U.S. faster.

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Elon Musk's SpaceX and xAI Are Planning a Megamerger of Rockets and AI

Combining Musk's artificial-intelligence and space-exploration firms would be the latest tie-up of the entrepreneur's companies

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High-Speed Internet Boom Hits Low-Tech Snag: a Labor Shortage

There aren't enough linemen and other skilled workers to lay all the fiber-optic cable needed to achieve nationwide broadband internet.

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No One Knows How Many Deadly Air Bags Are on U.S. Roads

At least nine people have died in what should have been survivable crashes after air-bag parts from China ruptured, a federal regulator said.

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Iger Has Told Associates He Plans to Leave CEO Role Before Contract Expires

Disney's board is planning to meet next week, where it is expected to vote on a new CEO.

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Chevron CEO Says It's Too Early to Determine Venezuela Outlook

President Trump is pressing energy companies to pump $100 billion into oil projects in Venezuela to rebuild its shattered infrastructure.

(END) Dow Jones Newswires

February 01, 2026 23:15 ET (04:15 GMT)