Dow Jones Top Company Headlines at 3 AM ET: China's CXMT Expects Over Eightfold Revenue Jump Amid Memory Squeeze | Anthropic ...

China's CXMT Expects Over Eightfold Revenue Jump Amid Memory Squeeze

Chinese memory-chip maker CXMT said rapidly growing demand for artificial-intelligence computing power has boosted the dynamic random-access memory, or DRAM, industry.

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Anthropic to Commit 5% of Its Shares to New 'Public Benefit' Fund

The fund could send distributions directly to populations affected by AI labor disruption.

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Lindt Boss to Depart, Former CEO Takes Interim Role

The company said Adalbert Lechner would depart after 33 years and Vice-Chairman and Dieter Weisskopf will take on the role on an interim basis.

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SoftBank in Early Talks to Buy Allied Universal

The deal, if completed, could value the business at around $18 billion.

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What Tesla's Flying Roadster Really Means for the Global Auto Race

Elon Musk's latest vision for the company's sports car has more to do with China than cold-gas rocket thrusters.

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AI Agents Trading Stocks While You Sleep? Charles Schwab's CEO Is Skeptical

Schwab CEO Rick Wurster is betting some money and investing needs require a human touch.

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Hermès Is Targeting a New Emerging Market: The American Suburbs

The French brand is analyzing Zip Code data to zero in on pockets of growing U.S. affluence.

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Ford Wants to Make Fun Cars Again in Europe-if Drivers Can Wait Until 2028

The automaker is leaning into its racing heritage in the region as Chinese competition craters its sales.

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'Street Fighter' Kicks Its Way to Top of Busy Movie Weekend

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How Lego Is Getting More Adults to Tinker With Their Toy Bricks

Marketing chief Julia Goldin says Lego is creating buildings sets around passions that cross demographic boundaries, such as gaming and Formula One.

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How Coke Loosened Pepsi's Grip on KFC's Soda Fountains

Former PepsiCo-owned chain switched sides after a secret showdown, replete with taste tests and discussions over strategy.

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Nearly All Volume on FIFA-Linked Prediction Market Is Circular Trading

ADI Predictstreet, backed by Abu Dhabi's royal family, paid close to $150 million for advertising rights during the World Cup.

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The Holdouts Working Around New York City's Airbnb Crackdown

A crackdown on short-term rentals drastically reduced the business. Here's how the hangers-on are making it work.


(END) Dow Jones Newswires

October 19, 2026 03:15 ET (07:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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