Dow Jones Top Company Headlines at 7 AM ET: Ericsson Shares Surge on Strong Sales of Network Gear | TSMC ...
Ericsson Shares Surge on Strong Sales of Network Gear
Investors shrugged off the Swedish telecommunications-equipment maker's warning that higher component costs will be a headwind to profitability next year.
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TSMC Weighs Texas Expansion, Holds Talks on Musk's Terafab
The world's largest contract chip maker signaled its willingness to participate in large-scale AI infrastructure projects.
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TotalEnergies Expects Windfall as Conflict Squeezes Fuel Supplies
The French energy major said it expects exceptional results from its downstream business after an increase in third-quarter refining margins.
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Pernod Ricard Primes Potential Mumbai Listing as Drinking Booms in India
The distiller behind Absolut vodka and Jameson whiskey said momentum in India helped offset sharp sales declines of 10% in the U.S. and 25% in China.
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Gas Exporter Venture Global Wants to Get In on AI Power Boom
The company plans to build gas-fired power plants to supply data centers.
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Big Pharma Is Pouring Billions Into a New Class of 'Protein Degrader' Drugs
New medications are showing promise in going after a certain kind of hard-to-target protein in diseased cells.
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Anthropic's Quarterly Revenue Jumped 45% to Nearly $17 Billion
The artificial-intelligence giant met with public-market investors Wednesday ahead of its planned IPO next month.
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Ambani's Jio Seeks $108 Billion Valuation in Landmark India IPO
The telecom arm of Reliance Industries is seeking to raise more than $3 billion in what could be the country's largest-ever listing.
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A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland
The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.
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AI Companies Play Cat-and-Mouse With Secret-Stealing Spies
From "honey pots" to insider threats, Silicon Valley was on espionage alert even before the FBI's arrest of an OpenAI employee.
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Bloomberg Doubles Down on Conversational AI
Allowing users to add their own information to the company's generative AI-based ASKB interface will feed the system with a new level of context.
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YouTube Is Looking to Expand Into Audiobooks
The Alphabet-owned streamer is working on a feature for audiobooks, a bid to compete with offerings from Spotify and Audible.
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Bank of New York Mellon Logs Higher Profit, Sales
The bank posted third-quarter net income applicable to shareholders of $1.61 billion, or $2.34 a share, up from $1.34 billion, or $1.88 a share, in the same quarter a year earlier.
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PNC Revenue Rises on National Expansion
PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.
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Charles Schwab Earnings to Spotlight Success at Asset Gathering
Wall Street analysts expect the company to post strong third-quarter earnings growth.
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Apple Joins Nvidia in the $5 Trillion Valuation Club
To power the iPhone maker's next phase, Chief Executive John Ternus needs to raise its AI game.
(END) Dow Jones Newswires
October 15, 2026 07:15 ET (11:15 GMT)
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