Dow Jones Top Company Headlines at 3 AM ET: OpenAI's Head of Data Centers Has Left the Company | XPeng ...
OpenAI's Head of Data Centers Has Left the Company
Chris Malone joins a string of recent high-level executive departures as the AI giant heads toward an IPO and ramps up its spending on computing power.
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XPeng Bets Robots Will Be More Profitable Than Its Cars
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business.
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Anthropic Expected to Tell Investors It Sees Over $30 Trillion in Potential Revenue
The AI startup is likely to top SpaceX's eye-popping potential revenue estimate.
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Salesforce Reports Earnings While Disrupting Itself to Fight AI
The software giant is confronting the AI tide by shaking itself up before someone else does.
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Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies
The Trump administration has been probing major U.S. companies under a novel use of a federal law meant to police federal contractors.
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Siemens Energy Plans to Spin Off Transformation of Industry Unit
The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate the business while maintaining a minority stake.
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California Attorney General Ramps Up Criticism of Paramount
Rob Bonta said Paramount is more focused on the "court of public opinion" than the court of law in the Warner merger fight.
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Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users
The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a lower profit in its latest quarter.
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How GLP-1 Sales Could Play Out for Hims & Hers
Hims & Hers Health is shifting its core weight-loss business from compounded GLP-1 drug sales to branded versions of the medications.
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Zoom Communications Revenue Rises on Enterprise Growth
The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current quarter came in short of Wall Street's forecast.
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Starbucks Union Calls for Boycott in Latest Test of Company Turnaround
Starbucks Workers United is seeking a contract agreement. For investors, the key question is whether the boycott move will affect customer behavior at a meaningful scale.
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Summer Blockbusters Are Filling Movie Theaters. The Stocks Are the Stars.
AMC Entertainment, Cinemark, Marcus, and IMAX are notching record crowds and sales.
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Nike Stock Pays the Price for Dick's Earnings Wipeout
Nike stock declined along with other footwear brands after Dick's Sporting Goods missed earnings expectations.
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United Airlines Ups Its Bet on Instagrammable International Destinations
Robust travel demand from Americans is helping fuel new routes like Marseille and Ibiza.
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Bank of Montreal Plans to Buy Back Shares After Strong Quarter
The big Canadian lender benefited from double-digit revenue growth and an improved credit performance in its fiscal third quarter, with the lowest provision on impaired loans in the last 10 quarters, though its bottom line was squeezed by one-time charges for its exit from certain businesses.
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Scotiabank Earnings Lifted by Record Result in Wealth Management
Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.
(END) Dow Jones Newswires
August 26, 2026 03:15 ET (07:15 GMT)
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