Dow Jones Top Company Headlines at 1 PM ET: Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion | Fox ...
Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion
Cerebras Systems said it will offer 30 million shares in its planned initial public offering at a price of $150 to $160 a share, up from its previous plan to offer 28 million shares at a price of $115 to $125 a share.
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Fox Picks Up Two More NFL Games for Next Season
Advertising revenue for the company declined in the fiscal third quarter, largely due to not having rights to the Super Bowl.
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Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed
Saudi Aramco Chief Executive Amin Nasser added that the market has already lost about 1 billion barrels of oil supply during the crisis.
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Moderna Stock Loses Steam. Hantavirus Trade Fizzles As Officials Dismiss Pandemic Risk.
Inovio Pharmaceuticals and Novavax stocks pare back earlier gains as the rally loses enthusiasm.
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Sony, GIC Venture Strikes Deal to Buy Recognition Music Catalog From Blackstone
The deal will give Sony Music Publishing ownership of works performed by Beyonce, Lady Gaga, Journey, Red Hot Chili Peppers and others.
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Apollo Strikes Deals for Two Live-Events Businesses
The investment firm is set to buy Emerald Holding and Questex with plans to combine them.
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Mosaic Swings to Loss on Surging Sulfuric Acid Prices
Mosaic withdrew its phosphate production guidance and said it would limit capital expenditures for the year, as surging sulfuric acid prices weigh on its operations.
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KKR Private-Credit Fund Takes $560 Million Loss
The firm will invest $300 million in an effort to bolster the fund as loan defaults climb.
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Dream Finders Homes Bids to Acquire Beazer Homes for $704 Million
Dream Finders Homes submitted a bid last week to acquire Beazer Homes USA for about $704 million.
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Germany's Rheinmetall and Deutsche Telekom to Develop Drone Defense Shield
The companies said threats from sabotage and drone activity were increasing and agreed to develop technology to counter potential attacks on critical infrastructure in Germany.
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SoftBank Launches Japan Battery Venture Amid AI Hardware Push
SoftBank Group's telecommunications arm will build large-scale battery cells and storage systems in partnership with Cosmos Lab and DeltaX Co.
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The Next Frontier for Hantavirus: Finding Vaccines and Treatments
Some promising candidates are sitting on the shelf, awaiting funds before human tests.
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AI's Next Phase Plays Into TSMC's Hands
With a supply squeeze deepening, Taiwan's chip-making juggernaut stands to gain.
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New Vanguard Hire Highlights Bond-Picking Push
The low-cost investment manager has nabbed a portfolio manager from Morgan Stanley while it builds out active funds to challenge incumbents like Pimco.
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Circle Internet Posts Earnings Beat but a Revenue Miss. The Stablecoin Company Is Betting on AI.
Circle is the issuer of USDC, a so-called stablecoin whose value is pegged to the dollar and backed by reserves such as Treasuries.
(END) Dow Jones Newswires
May 11, 2026 13:15 ET (17:15 GMT)
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