Dow Jones Top Company Headlines at 11 PM ET: CoreWeave Shares Jump as Revenue Doubles From Year Earlier | Will ...

CoreWeave Shares Jump as Revenue Doubles From Year Earlier

A mounting sales backlog of $104 billion shows strong demand for cloud computing despite infrastructure challenges and AI-bubble fears.

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Will Paramount Leave California? Executives Say It's on the Table

CEO David Ellison has suggested a possible move as the antitrust battle drags on over the company's Warner Bros. deal.

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Cracker Barrel's CEO Was Plotting a Turnaround-but Opened the Door to Her Own Exit

Julie Masino quietly blessed efforts to find her successor as she publicly charted a path out of a controversial rebranding.

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Super Micro Computer Fourth-Quarter Profit Surges as Gross Margin Improves

The server company reported a quarterly profit of $1.17 billion, up from $195.2 million in the year-ago period.

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Quantinuum Posts First Earnings Since IPO; Strikes Oracle Quantum Deal

Quantinuum reports higher-than-expected revenue and issues an upbeat annual outlook, though the stock barely budges.

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Blackstone, La Caisse to Buy 25% of Air Canada's Aeroplan Loyalty Program

Asset manager Blackstone and Quebec's La Caisse pension fund have agreed to acquire a 25% stake in Air Canada's loyalty-points program for nearly$2 billion, which the airline said would help in its pursuit of an investment-grade rating.

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General Motors Sets Up $4.5 Billion Safety Net to Avoid Parts Shortages

The auto industry in recent years has been stung by supply chain disruptions.

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Cava Traffic Gains Boost Quarterly Profit

Cava Group said climbing customer traffic boosted its profit in the second quarter and that sales are already bouncing back from the impact of recent cyclospora outbreaks.

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Lumentum Earnings Clear Estimates as Sales More Than Double

The optical networking company reports better-than-expected earnings and revenue for its fiscal fourth quarter.

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Longtime OpenAI Exec Brad Lightcap to Step Down

The AI company's former COO said he was leaving to "start something new."

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H&R Block Revenue Increases as It Raises Quarterly Dividend

The company's revenue increased to $1.14 billion from $1.11 billion, and it raised its quarterly dividend by 10% to 46 cents a share.

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Target Hires First Chief AI Officer in Retail's Latest Tech Push

The retailer said it would bring on two executives to focus on AI and user experience capabilities, a crucial element of its plan to recover from sluggish performance.

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Lockheed Martin Investing Millions to Develop Hypersonic Weapons System

The defense contractor said itis making a multimillion-dollar investment to develop a modular system for delivering different payloads on hypersonic weapons, as the U.S. military seeks to accelerate development of the technology.

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Cardinal Health Logs Mixed Sales, Sees Growth in New Year

Cardinal Health had a mixed fiscal fourth quarter in terms of sales across its two main business lines, but expects revenue to rise in both segments in the new fiscal year.

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Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets

FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disruption to air travel.

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Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal

The media mogul's live entertainment business Mari Group said it had agreed to buy Britain's ATG Entertainment from a private-equity firm.

(END) Dow Jones Newswires

August 11, 2026 23:15 ET (03:15 GMT)