Dow Jones Top Company Headlines at 7 PM ET: Nvidia Pauses Revenue-Sharing Deals With AI Cloud Companies | Marvell ...

Nvidia Pauses Revenue-Sharing Deals With AI Cloud Companies

The company is rethinking the program less than two months after announcing it.

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Marvell Lifts Long-Term Targets as AI Demand Boosts Second-Quarter Profit, Revenue

The decision to boost guidance was driven by growth in the semiconductor company's data-center business, Chief Executive Officer Matt Murphy said.

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Workday Reports Higher Profit, Revenue on AI Agent Adoption

The human resources software company reported a fiscal second-quarter profit of $632 million, up from $228 million a year earlier.

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Gap Stock Jumps After Naming Retail Veteran to Helm Old Navy

Gap named Michael Francis as the next chief executive officer of Old Navy, its largest brand.

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Ulta Beauty Raises Forecast as Sales Grow

The cosmetics and fragrances retailer said it now forecasts earnings per share of $28.70 to $29 for the year, up from $28.36 to $28.80 previously.

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Affirm Stock Jumps After Earnings. This Key Number Crushed Estimates.

Affirm posts better-than-expected revenue and gross merchandise volume in its fiscal fourth quarter.

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Novo Nordisk Shares Drop as Bank Downgrade Reflects Growth Concerns

The stock has tumbled 70% since its June 2024 peak, as the drugmaker has contended with intensifying competition from rival Eli Lilly as well as knockoff versions of its blockbuster Ozempic diabetes and Wegovy weight-loss jabs.

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Autodesk's Profit Outlook Falls Short Despite Earnings Beat

The software maker reported a mixed outlook for the third quarter and full year, with profit projections that fall short of expectations, and revenue projections that beat Wall Street's estimates.

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EBay Bans Air-Bag Sales Following Deaths Involving Counterfeit Parts

At least 10 deaths have been linked to counterfeit air-bag components.

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Best Buy Raises Outlook After Computing Growth Fuels 2Q Sales

The company now forecasts full-year adjusted earnings per share of $6.70 to $6.90, up from its prior guidance of $6.30 to $6.60.

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Royal Bank Notches Record Earnings as Quarterly Results From Canada's Biggest Banks Beat Expectations

Royal Bank of Canada's record earnings in the latest quarter capped a strong period for the country's big lenders.

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Kalshi and the Weather Co. Join Forces on Climate Trades

The trading platform is now getting input from experts that operate a leading weather app to verify popular climate-prediction markets.

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Enbridge Forms $1.95 Billion Joint Venture to Expand British Columbia Pipeline

Enbridge has partnered with private equity companies KKR and Apollo Global Management to fund a 2.7 billion Canadian dollar, or $1.95 billion, expansion of its natural gas pipeline system in British Columbia.

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Hormel Foods Cuts Sales Outlook Amid Consumer Pullback, Higher Costs

The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to a range of $12.1 billion to $12.2 billion from $12.2 billion to $12.5 billion.

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Kioxia, Sandisk to Invest More Than $31 Billion in Memory Chips

Kioxia Holdings and Sandisk plan to invest more than $31 billion in Japan to strengthen their joint venture and drive the large-scale supply of flash memory chips in the age of artificial intelligence.

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Dollar General Is Winning Over Inflation-Weary Shoppers With $1 Items

Dollar General is gaining market share as multiple factors put pressure on the discount retailer's core customer base, prompting shoppers to flock to its stores in search of low-cost goods.

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Burlington Stores Plans to Use Tariff Refunds to Lower Prices

Burlington Stores recorded higher second-quarter sales and said it plans to use its tariff refunds to lower prices for shoppers.

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Build-A-Bear Cuts Revenue View, Fires Exec After Summer Line Flop

The retailer cut its outlook for the second time this year and fired its chief growth officer after logging disappointing revenue and traffic in the second quarter.

(END) Dow Jones Newswires

August 27, 2026 19:15 ET (23:15 GMT)