Dow Jones Top Company Headlines at 11 PM ET: Analog Devices to Buy Empower Semiconductor for $1.5 Billion | Andrej ...
Analog Devices to Buy Empower Semiconductor for $1.5 Billion
The deal will help Analog Devices expand its total addressable market in artificial-intelligence compute power delivery as demand from AI developers climbs, the semiconductor company said.
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Andrej Karpathy, Tesla Alum and OpenAI Co-Founder, Joins Anthropic
Karpathy joined Anthropic's pretraining team and will lead a new group focused on using Claude to accelerate pretraining research, according to the company.
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Agnico Eagle Approves $2.4 Billion Investment in Gold Project
The Toronto miner's investment in the Hope Bay project revives a mine in Canada's Arctic that China had hoped to run.
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Toll Brothers Says Its Average Home Prices Back Above $1 Million
The luxury homebuilder said the average price of homes it completed sales on last quarter broke above $1 million for the first time since mid-2024.
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Cava Revenue Climbs as Traffic Grows
The Mediterranean fast-casual restaurant chain said it expects its momentum to continue, boosting its fiscal-year guidance.
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Google Unveils New Gemini AI Agent for Personal Tasks
The tech firm highlights both Spark and Omni, a video-creation tool, at its annual developer conference.
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Emails Show How Lululemon's Peace Treaty With Its Founder Fell Apart
A surprise note from the company's chair marked an escalation of the fight after the two sides appeared close to coming to terms.
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Fermi's Ousted CEO Pushes for Board Overhaul Vote in June
Toby Neugebauer, the co-founder, largest shareholder and former chief of Fermi, looks to wrest back control of the company from its new management.
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Berkshire Hathaway Rekindles Its Tortured Love Affair With Airlines
CEO Greg Abel is showing an early fondness for them with Berkshire taking a new $2.6 billion position in Delta during the first quarter.
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Banana Republic Taps PVH's Donald Kohler as CEO
Kohler will join Gap as global brand president and chief executive of its Banana Republic brand.
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TJX Results Will Show if Shoppers Are Still Bargain Hunting
TJX Cos., owner of TJ Maxx and Marshalls, will report earnings on Wednesday. Shares traded up going into the report.
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Home Depot Posts Lower Profit as Homeowners Hold Off on Large Projects
Home Depot reported lower fiscal first-quarter profit and Chief Financial Officer Richard McPhail said in an interview that homeowners are continuing to pull back on large home-improvement projects due to economic uncertainty.
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United Airlines Expects an Uptick in Summer Travelers
United Airlines said it expects to serve about 53 million travelers this summer-about 3 million more than last year.
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Target Names a New Supply-Chain Head as It Struggles With Weak Sales
Former Walmart executive Jeff England will lead supply chain and logistics at the retailer as Target tries to pull out of a yearslong sales slump.
(END) Dow Jones Newswires
May 19, 2026 23:15 ET (03:15 GMT)
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