Dow Jones Top Company Headlines at 3 PM ET: General Motors Stock Slides as Iran Conflict Drives Up Costs | Amazon ...

General Motors Stock Slides as Iran Conflict Drives Up Costs

The automaker said commodity and logistics expenses outweighed higher third-quarter profit and revenue, and approved a $20 billion multiyear buyback plan.

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Amazon to Hire More Than 300,000 U.S. Workers for Holiday Season

The company said it is seeking people for seasonal, part-time and full-time roles at its core operations nationwide.

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Adidas Lifts Profit View After U.S. Tariff Refunds, Record Quarterly Performance

Adidas lifted its profit guidance for the year after receiving a windfall of around $220 million from U.S. tariff refunds and after third-quarter revenue jumped 9% on year.

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Carrefour Slashes Guidance Due to Riots in France

The grocer said its recurring operating profit margin could grow up to 15 basis points this year, below a prior forecast, as it expects the protests to hit consumer spending in the run-up to the key holiday season.

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Ray-Ban Maker EssilorLuxottica's Sales Rise, Buoyed by Smartglasses

Sales of smartglasses, powered by artificial intelligence and produced in partnership with tech giant Meta, jumped 20% in the third quarter.

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Kroger Targets Earnings Growth, Operations Overhaul in New Three-Year Plan

Grocer said it plans to turn its attention to core strengths as part of a self-funded plan to simplify and modernize the business.

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Webull to Offer Perpetual Futures Starting Next Month

Webull is preparing to roll out perpetual futures contracts, a derivative contract new to regulated U.S. markets that never expires, on its online investment platform next month.

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Google Says Services Are Recovering After U.K. Cloud Outage Hits Businesses

Alphabet's Google said services were recovering after a cloud outage on Tuesday disrupted online services for several U.K. banks and other businesses.

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Salesforce to Buy Customer-Engagement Platform for Nearly $5.7 Billion

Salesforce signed a deal to buy Braze for about $5.66 billion including debt, adding a customer-engagement platform to its portfolio.

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GE Aerospace Continues to See High Demand Despite Supply-Chain Delays

The jet engine maker raised its outlook for the year after third-quarter orders climbed 49%, even as supply-chain snarls continue to result in slower production and delivery delays.

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Disney's Former CEO Is Getting $100,000 a Month as Activist's Nominee for Vail Board

Oasis Management is paying the consulting fee to Bob Chapek, one of the activist investor's four nominees to the ski company's board of directors.

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RTX Lifts Forecast for Third Time This Year on Aerospace, Defense Demand

RTX said over $81 billion in new commercial and defense awards during the latest third quarter pushed the defense contractor's total backlog to a record $340 billion.

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3M Lifts Earnings Outlook as Profit Jumps

In the third quarter, 3M reported a profit of $1.37 billion, or $2.63 a share, compared with $834 million, or $1.55 a share, a year earlier.

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Elice Slides in Korea Debut Amid Caution Toward AI Stocks

South Korean data-center startup Elice's shares fell as much as 36% in afternoon trading, signaling investor caution toward artificial-intelligence stocks.

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Hasbro Lifts Outlook on Surging Magic Card Game Sales

Hasbro raised its revenue outlook, with executives now expecting a 7% to 9% increase for the year in constant currency, up from a prior outlook of up 5% to 7%.

(END) Dow Jones Newswires

October 20, 2026 15:15 ET (19:15 GMT)