Dow Jones Top Company Headlines at 9 PM ET: Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee | Arm ...
Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
The media and entertainment company's huge loss came after recording a $2.8 billion termination fee that was triggered when Paramount Skydance beat out Netflix to acquire Warner.
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Arm Holdings Lacks Supply to Meet Roaring Demand for New Chips
The semiconductor design company expects higher demand for its new line of computer chips, but left its revenue guidance from the chips unchanged as it works to boost supply.
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The Iran War Is Crushing Whirlpool's Profit-and Higher Prices Are Coming
Historically low consumer confidence is steering people away from the company's higher-end appliances.
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DoorDash Revenue, Orders Rise as Customer Base Grows
DoorDash's revenue and orders climbed double digits in its latest quarter as the delivery giant continued to attract new customers to its platform.
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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 posed increasing competition.
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AppLovin Beats Quarterly Revenue Expectations. The Stock Is Rising.
Revenue was up 59% from the year-ago quarter.
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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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Goodyear Tire & Rubber Swings to Loss, Citing Weak Demand
CEO Mark Stewart says that pressure on demand, as well as input cost inflation from the war in Iran, "require that we continue to take meaningful actions to strengthen our cost structure."
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Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court
Former OpenAI board member Shivon Zilis, who has four children with Musk, discussed their relationship and her view of the warring billionaires' investing conflicts.
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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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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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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.
(END) Dow Jones Newswires
May 06, 2026 21:15 ET (01:15 GMT)
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