Dow Jones Top Company Headlines at 1 AM ET: Micron Shares Jump as Chip Shortage Projected to Last Beyond 2027 | LVMH ...
Micron Shares Jump as Chip Shortage Projected to Last Beyond 2027
Revenue and profit for the chip maker soared on robust memory demand.
----
LVMH Fires Back at Hermès Heir Over His Missing Fortune
The luxury group says it was unaware of any misappropriation of Hermès shares when it was building up a covert position in its rival.
----
Big Banks Ace an Easier Annual Stress Test
JPMorgan and Bank of America passed the tests with flying colors after the Federal Reserve last year began releasing details of the tests in advance.
----
Lockheed Martin Lands $35 Billion Missile-Defense Deal
The Pentagon's order of Thaad interceptors follows the company's pledge to expand production over seven years.
----
Rocket Lab, Lockheed Martin among the partners in SpaceX's military space-laser project
Government documents show a lineup of defense contractors joining SpaceX to create a satellite network to track airborne threats.
----
New Drugs Are Replacing Chemo for Aggressive Breast Cancer
AstraZeneca and Gilead have won approval for treatments of an advanced form of the disease.
----
Anthropic Veterans' Startup Seeks to Help Scientists Develop Their Own AI
Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer.
----
Amazon's Zoox Redesigns Robotaxi for Large-Scale Production
Zoox plans to move the new robotaxi into large-scale production soon, expecting it will become available to riders later this year.
----
OpenAI, Broadcom Develop Custom Chip for AI Inference
The chip, called Jalapeño, was built to improve efficiency and lower costs, advancing OpenAI's strategy to build out a full stack behind its models and products.
----
Chemours to Pay $450 Million to Settle 'Forever Chemicals' Allegations
The settlement covers four Chemours facilities in West Virginia, North Carolina and New Jersey where the company allegedly used or produced per- and polyfluoroalkyl substances (PFAS).
----
How a CFO Shakeup Turned Wendy's Into a Meme Stock
The rally came after a slew of posts on the WallStreetBets investing forum urge retail traders to buy the struggling fast-food chain.
----
Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal
Qualcomm agreed to acquire the AI software company Modular for about $3.9 billion, in a bid to make artificial intelligence faster and cheaper for its customers.
----
Memory-Chip Giant SK Hynix Seeks to Raise $29 Billion in U.S. Listing
The deal would be one of the biggest share sales in history, comparable to Saudi Aramco's 2019 IPO.
(END) Dow Jones Newswires
June 25, 2026 01:15 ET (05:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
5 Stocks to Buy Trading at Big Discounts
2 Undervalued Stocks to Buy With Long-Term Growth Ahead
The Market May Be Too Pessimistic About This 4-Star Dividend Stock
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
United States