Dow Jones Top Company Headlines at 1 PM ET: Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion | Warner ...
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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Warner Receives Revised Bid From Paramount
Warner didn't disclose details of the offer, but last week gave the hostile suitor a seven-day window to make its "best and final" appeal.
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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 Reaches Deal With Creditors to Emerge From Bankruptcy
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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Singapore Airlines Posts Record Revenue on Strong Demand, Net Profit Slumps
Singapore Airlines posted record quarterly revenue, buoyed by robust travel demand, but its net profit slumped due to the absence of a one-off gain that boosted the previous year's earnings.
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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.
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Fresenius Medical Care Outlook, U.S. Performance Underwhelms
Shares fell after the German dialysis specialist forecast flattish revenue and adjusted earnings in the year ahead amid regulatory headwinds.
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Workday Reports Earnings While Software Stocks Crumble
Workday stock was down over 50% during the past year, while the S&P 500 Index rose by 15%.
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BYD Opens 2026 With Blockbuster Sales Growth in Europe
The Chinese auto giant logged a nearly threefold increase in European sales last month, outselling Tesla. Volkswagen, BMW and Renault all reported declines.
(END) Dow Jones Newswires
February 24, 2026 13:15 ET (18:15 GMT)
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