Dow Jones Top Company Headlines at 5 PM ET: Warner Bros. Posts Wider-Than-Expected Loss. The Stock Slides. | Arm ...
Warner Bros. Posts Wider-Than-Expected Loss. The Stock Slides.
Media companies across the board are seeing a fundamental change in how customers watch TV. Disney has found a way to capitalize on it.
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Arm Stock Jumps on Earnings. It's More Good News for Chips.
Arm said it would soon see $2 billion in revenue from a new home-made chip, twice its previous estimate.
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DoorDash Profit Ticks Down Despite Higher Revenue
The delivery giant said the profit decline was due to higher cost of revenue, driven by increased orders, as well as higher expenses from sales and marketing and research and development.
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Snap, Perplexity Mutually End AI Deal
Snap and Perplexity scrapped a deal to integrate the startup's AI-powered answer engine directly into the social-media platform, ending a relationship that had boosted investors' hopes for improved profitability at Snap.
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FanDuel Chief Executive Amy Howe Departs Company
Howe presided over FanDuel during a boom in sports betting, even as the rise of prediction-market companies have posed increasing competition.
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AppLovin Beats Quarterly Revenue Expectations. The Stock is Up.
Revenue was up 59% from the year-ago quarter.
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Anthropic Inks Deal to Use All of SpaceX's Colossus 1 Compute Capacity
SpaceX will supply 300 megawatts of new computing capacity, using more than 220,000 Nvidia GPUs, by the end of the month.
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New Disney CEO Gives Vision for Company as Revenue Rises
In a letter to shareholders, Josh D'Amaro explains his plan to use technology.
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Zillow Posts Higher Profit, Lower Traffic in First Quarter
The home-listing site logged a profit of $46 million, but said traffic fell 3% to 220 million average monthly unique users.
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Elon Musk's Romantic Partner Testifies About Her Role on OpenAI's Board
Shivon Zilis took the stand in court for questioning on whether she "funneled" information to Musk while sitting on the board of OpenAI.
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Kraft Heinz CEO Pushes Value: 'Consumers Are Literally Running Out of Money'
CEO Steve Cahillane said consumers' wallets are strained by month's end. The food maker is looking to hold down prices while navigating the fallout from the Iran war.
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Nvidia to Invest $500 Million in Corning, Expand Fiber Optic Manufacturing
Nvidia is investing $500 million in Corning as part of a partnership with the glassmaker to expand manufacturing of fiber optics for AI infrastructure.
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JPMorgan Offered $1 Million Settlement Before Sexual Assault Claims Went Viral
Chirayu Rana's lawsuit against JPMorgan followed failed settlement talks earlier in the year.
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Restaurants Show Resilience as Bloomin', Dine Brands Post Revenue Gains
Bloomin' Brands and Dine Brands Global both reported higher revenue in the first quarter, as value offers, menu updates and turnaround efforts helped to offset still-elevated costs and cautious consumer spending.
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Uber Technologies Revenue Climbs on Increased Trips
Uber Technologies reported higher revenue and gross bookings in the first quarter, as trip volumes and active users continued to grow.
(END) Dow Jones Newswires
May 06, 2026 17:15 ET (21:15 GMT)
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