Dow Jones Top Company Headlines at 3 AM ET: Foxconn's AI Hardware Sales Drive Profit Beat | CoreWeave ...
Foxconn's AI Hardware Sales Drive Profit Beat
The Taiwanese company reported another strong quarter as it boosted production of servers and other tech hardware for the global artificial-intelligence build-out.
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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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ABN AMRO Bank Boosts Guidance as Profit Jumps
The bank's operating income climbed 13% in the second quarter while its net interest income rose 11%.
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Hannover Re Posts Lower Net Profit on Currency Hit
The company said it remains on track to achieve full-year guidance despite operating in an increasingly challenging market environment.
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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.
(END) Dow Jones Newswires
August 12, 2026 03:15 ET (07:15 GMT)
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