Dow Jones Top Company Headlines at 11 PM ET: Anthropic's Feud With Pentagon Earns It Fans Amid the Blowback | Startup ...
Anthropic's Feud With Pentagon Earns It Fans Amid the Blowback
The AI company's app is reaching new heights of popularity after President Trump ordered the government to stop using it.
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Startup Making AI Chips More Power-Efficient Raises $500 Million
Ayar Labs, which is replacing the copper wiring in semiconductors with fiber optics, is valued at $3.8 billion in the deal.
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SoftBank Group's PayPay Targets $13.4 Billion Valuation in U.S. IPO
SoftBank Group's payments app operator, PayPay's U.S. initial public offering could bolster the Japanese technology investor's coffers as it pours billions into artificial intelligence.
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Airlines Grapple With Disruptions That 'Far Surpass' Previous Middle East Conflicts
After thousands of flight cancellations, carriers face higher fuel costs and complicated rerouting.
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Apple launches new iPhone and iPad Air as it gears up for a major AI push
The company is boosting the storage capacity of its devices, a move thought to be a prelude to expected Siri enhancements later this year.
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Serta Lenders Resume Battle After Appellate Court Reversal
The mattress maker's lenders are back in bankruptcy court to fight over a controversial 2020 debt transaction that has led the excluded creditors to claim at least $340 million in funds.
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Fitch Downgrades Paramount After Warner Bros. Deal Announcement
The $81 billion deal for Warner Bros. Discovery is highly complex and poses credit risks, Fitch Ratings said.
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Barry Diller's IAC Agrees to Sell Care.com
The media conglomerate's shares have been trading poorly and it has been streamlining itself to focus on core assets.
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BlackRock, EQT-Led Consortium to Acquire AES for $10.7 Billion
A consortium of investors including BlackRock's Global Infrastructure Partners and investment group EQT agreed to acquire AES for $10.7 billion.
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Nvidia to Invest $2 Billion in Both Lumentum and Coherent
Nvidia is investing $2 billion in both Lumentum and Coherent as part of agreements to help accelerate advanced optics technologies for AI infrastructure.
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MongoDB Stock Falls Over 20%, Even After Earnings Beat
MongoDB gave disappointing first-quarter earnings guidance.
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Target's New CEO Faces a High-Stakes Debut on Investor Day
Target's new CEO Michael Fiddelke must outline a credible turnaround plan and set 2026 guidance as investors weigh sales stabilization, margins, and competitive pressures.
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How the Iran Conflict Could Pressure Consumer Staples Companies
Supply chains could be disrupted, costs could go up, and demand could weaken. But an analyst still expects staples stocks to outperform.
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Norwegian Cruise Line Says Caribbean Missteps Will Weigh on 2026
The company reported lower profit and said that prior missteps, including the mistiming of its increase in Caribbean capacity, would hurt its 2026 performance.
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Fidelity's Annual Profit Jumps After Market Rally Lifts Revenue to a Record
The privately held financial conglomerate now oversees $18 trillion in customer accounts and investment funds.
(END) Dow Jones Newswires
March 02, 2026 23:15 ET (04:15 GMT)
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