Dow Jones Top Company Headlines at 3 AM ET: Novartis Pauses Autoimmune Cell Therapy Studies After Deaths | Anthropic ...

Novartis Pauses Autoimmune Cell Therapy Studies After Deaths

Novartis paused eight clinical trials of an experimental therapy targeting autoimmune and neurological disorders in late August, after three patients died.

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Anthropic Signs $35 Billion Cloud Deal Backed by Nvidia

Nvidia will supply the chips to the Texas data center and hold the lease, again using its financial might to boost a customer.

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Shein's Shares Fall in Long-Awaited Hong Kong Debut

The retailer's stock tumbled as much as 10% in early trading in Hong Kong.

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How Amazon's 'Secret' Ad Pricing System Worked, According to the FTC

A federal lawsuit alleges the e-commerce giant raised the price floor in some auctions after bids had been entered, costing advertisers billions.

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UPS Rejiggers Operating Model, Names Chief Global Operations Officer

The company shook up its executive roles as part of the new model, naming the head of its U.S. business to lead its global operations, among other appointments.

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Trump Announces Drug Pricing Deals with Teva, 8 Other Companies

The nine drug companies committed to collectively invest at least $19.6 billion in U.S. manufacturing in the near term.

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Nvidia just made a $3.5 billion move that could expand its AI empire

An expanded partnership with MediaTek shows that Nvidia is interested in making its AI ecosystem compatible with the world of custom chips, a portfolio manager says.

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Frasers Aims to Increase Hugo Boss Stake Above 50%

The British retail company said it plans to further increase its interest in the company, including through the purchase of more shares.

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Donald Trump Jr.'s Fund Boosts Polymarket Investment by Around $300 Million

An upcoming round led by 1789 Capital would value the prediction market at roughly $21 billion.

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Fresh Off a U.S. Funding Deal, This Quantum Start-Up Is Moving Into Data Centers

Diraq is deploying a quantum computer directly into a commercial data center, marking a real-world example of hybrid computing.

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State Farm Sued by Los Angeles County Over Handling of Wildfire Claims

The suit alleges the insurer systematically denied claims and delayed payouts for policyholders whose homes were destroyed or damaged.

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GameStop Sees Higher Profit as eBay Investment Offsets Lower Sales

The videogame retailer said it expects second-quarter profit to climb, boosted by investment gains from its stake in eBay, but said sales likely fell from a year earlier.

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SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion

The oil drilling and production company agreed to acquire thermal management company Kelvion for $4.1 billion in a bid to strengthen its growing data center business.

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OpenAI's Ad Business Hits $1 Billion Milestone. It's Following the Meta Playbook.

Advertisements within ChatGPT are now generating $1 billion in annualized revenue, OpenAI announces Monday.

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Ernst & Young Is Giving $100 Million in Bonuses to Staff for 'Human' Skills

The firm is one of a number of companies trying to foster the critical thinking, judgment and other traits needed to better work alongside AI.

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Eli Lilly to Buy Merida Biosciences for Up to $2.875 Billion

Eli Lilly has agreed to pay up to $2.875 billion in cash for biotechnology company Merida Biosciences in a deal that bolsters the drugmaker's immunology portfolio.

 

(END) Dow Jones Newswires

September 01, 2026 03:15 ET (07:15 GMT)

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