Dow Jones Top Company Headlines at 9 PM ET: Nvidia Pauses Revenue-Sharing Deals With AI Cloud Companies | U.S. ...
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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U.S. Servicemember, KPMG Employee Are Targets of Prediction Markets Crackdown
Charges could come this fall as part of a new batch of insider trading cases.
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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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Solstice Advanced Materials, Element Solutions Cancel Deal After Shareholder Feedback
The deal would have seen Solstice, a maker of refrigerants and advanced materials, buy specialty-chemicals maker Element for more than $12 billion in cash and stock.
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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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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.
(END) Dow Jones Newswires
August 27, 2026 21:15 ET (01:15 GMT)
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