Dow Jones Top Company Headlines at 5 PM ET: Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion | Paramount ...
Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion
The deal could result in Meta owning as much as 10% of AMD's stock as the chipmaker seeks to challenge Nvidia.
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Paramount Raises Offer for Warner Bros. What Happens Now.
Paramount has made a revised offer for Warner Bros. Discovery. For now, Warner is still backing its deal with Netflix.
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Pentagon Gives Anthropic Ultimatum and Deadline in AI Use Standoff
Defense Secretary Pete Hegseth threatened to use the government's leverage in a meeting with CEO Dario Amodei at the Pentagon.
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HP Dials Down Fiscal-Year Expectations as Memory Prices Drive Up Costs
The computer and printer maker said it expects its fiscal-year results will be closer to the low end of its prior guidance range.
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First Solar Posts Higher Profit on Increase in Revenue
The solar-energy company posted a higher profit in fourth quarter, but issued revenue guidance for this year that missed analyst expectations.
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Lucid Group Revenue Climbs as EV Production, Deliveries Ramp Up
The electric-vehicle maker posted higher fourth-quarter revenue and plans to continue boosting its electric-vehicle production and deliveries in 2026.
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Workday Guides for Subscription Revenue Growth to Slow
The software company guided for growth of 12% to 13% for the fiscal year amid investor concerns that its business could be disrupted by the rise of artificial intelligence.
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LVMH's Arnault Clinches Majority Ownership of Luxury Group
French billionaire Bernard Arnault has taken majority ownership of LVMH with a stake valued at more than $160 billion, tightening his family's control of the sprawling luxury-goods company that he founded.
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Novo Nordisk to Cut U.S. List Prices for Ozempic, Wegovy by Up to 50%
The reductions will take effect next January, and both Ozempic and Wegovy will list for $675 a month.
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Spirit Airlines Plans Life After Bankruptcy With Creditor Deal
The carrier's plan anticipates exiting Chapter 11 proceedings by the early summer as a smaller company.
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Home Depot Profit Falls As Home Improvement Downturn Continues
Home Depot reported lower fourth-quarter profit as economic uncertainty, high interest rates and a stagnant housing market continue to weigh on home improvement activity.
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Standard Chartered Profit Misses Views, Announces $1.5 Billion Buyback
The lender said its underlying return on tangible equity, a key profitability measure, reached 14.7% in 2025, exceeding its 13% target a year early.
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Keurig Dr Pepper Sales Rise on Higher Prices
Keurig Dr Pepper reported high fourth-quarter sales, boosted by higher prices as the company's U.S. refreshment-beverage segment saw net sales increase 12% to $2.7 billion.
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Raine Group Hires Former Credit Suisse IPO Veteran
The merchant bank bets on 2026 being a blockbuster year for technology debuts and fundraising.
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Planet Fitness Shares Sink on Weak Outlook
The gym chain logged higher quarterly profit and revenue but said it expects to grow adjusted earnings per share between 9% and 10% in 2026, below analyst forecasts.
(END) Dow Jones Newswires
February 24, 2026 17:15 ET (22:15 GMT)
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