Dow Jones Top Company Headlines at 3 PM ET: Google Overhauls AI Leadership as Longtime Chief Scientist Joins Wave of Exits | CVS ...

Google Overhauls AI Leadership as Longtime Chief Scientist Joins Wave of Exits

Demis Hassabis becomes chairman of Google DeepMind while Jeff Dean leaves to launch an AI-discovery startup.

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CVS Health Launches Eli Lilly GLP-1 Partnership, Lifts Outlook as Profit Increases

CVS Health said it will revamp its weight management program through a partnership with Eli Lilly as the company lifted its full-year outlook and reported a nearly threefold increase in its second-quarter profit.

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Eli Lilly Posts Higher Revenue on Continued GLP-1 Demand

Eli Lilly reported higher net income and revenue in the recent quarter, fueled by continued surging demand for its GLP-1 weight-loss drugs.

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Theme Parks and 'Toy Story 5' Boost Disney Results

Third-quarter revenue increased 7% to $25.2 billion, driven by growth from the company's experiences unit.

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Kraft Heinz Raises Sales View Amid Efforts to Offset Higher Costs

Kraft Heinz had a narrower loss and lower sales in the second quarter, but raised its sales outlook as it aims to mitigate higher supply costs by raising prices.

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Uber Technologies Reports Moderating Growth, Issues Soft Forecast

Uber Technologies notched higher revenue in the second quarter but issued a soft outlook as it continues to invest heavily in autonomous vehicles.

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Flutter CEO to Step Down as U.S. Sports-Betting Business Falters; Profit Outlook Cut

Flutter Entertainment said Chief Executive Peter Jackson is stepping down, while lowering its profit outlook and swinging to a loss as its U.S. business continues to struggle.

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Bloomin' Brands Says Outback Diners Are Buying Pricier Steaks

Bloomin' Brands raised its adjusted earnings outlook, as customers at its Outback Steakhouse chain are paying more for pricier steaks.

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Sandoz in Talks With U.S. Government About Potential Investment, CEO Says

Sandoz Group is in talks with the U.S. government about manufacturing investments in the country and doesn't see President Trump's planned tariffs on generic medicines as a major threat, the drugmaker's chief executive said.

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Dine Brands Sales Rise as IHOP Growth Offsets Applebee's Decline

Dine Brands recorded higher sales and lower profit in the second quarter, as IHOP's growth helped offset a decline at Applebee's.

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New York Times Stock Plunges More Than 13% as Subscriber Growth Slows

The media company's total revenue climbed 11% to $762.5 million in the second quarter.

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Shake Shack Revenue Climbs, Profit Slips on Higher Costs

Shake Shack reported higher second-quarter sales, but profit slipped as operating expenses increased.

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SharkNinja Raises Outlook After Sales Jump

SharkNinja raised its full-year outlook after second-quarter sales rose on strong demand across its product lineup, with growth led by cooking appliances, beauty products and international markets.

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Shopify Signals Revenue Acceleration as AI Tools, Merchant Growth Drive Results

Shopify quieted fears of a midyear slowdown, forecasting accelerating third-quarter sales growth as artificial intelligence-driven search and broad merchant expansion fuel market-share gains.

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SpaceX Shares Sink on AI Spending Plans

The Elon Musk-led rocket company spent $15.8 billion on AI projects in the second quarter and doesn't plan to slow down.

(END) Dow Jones Newswires

August 05, 2026 15:15 ET (19:15 GMT)