Dow Jones Top Company Headlines at 3 AM ET: SK Hynix Shelves Memory-Chip Unit U.S. IPO Plan on Market Jitters | Eni ...

SK Hynix Shelves Memory-Chip Unit U.S. IPO Plan on Market Jitters

The world's second-largest memory chip maker shelved plans for a potential U.S. listing of its memory-chip unit Solidigm in light of market conditions and share price trends.

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Eni Shareholders Set for Cash Boost After Earnings Double

The company kicked off earnings season for energy majors with an extraordinary dividend and buyback hike on exceptional refining margins.

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Volvo Car to Cut 2,500 Jobs as Part of Plan to Cut Costs Further

The carmaker-majority-owned by China's Zhejiang Geely Holding Group-said it needed to reinforce its turnaround plan with additional decisive actions.

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Moderna's Stock Plummets After Cancer-Vaccine Data Shared on Social Media

Details from a closely guarded study were to be released at a conference on Saturday.

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Newmont Logs Higher Profit, Revenue on Higher Gold Sales

The gold producer posted a third-quarter profit of $2.48 billion, up from $1.83 billion a year earlier.

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Safran Confirms Guidance as Revenue Jumps

The French aerospace-industry supplier said the metric was pushed higher by double-digit growth across its propulsion and equipment and defense units.

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Meta Eyes an Early Equity Deal for Its AI War Chest-and Berkshire Could Be a Buyer

Berkshire participated in Alphabet's $85 billion equity fund deal in June that could be a model for any Meta equity raise.

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Sallie Mae Cuts Full-Year View After Logging Higher Charge-Offs

The private student loan company, formally SLM Corp., now expects earnings per share for the year to be $1.95 to $2.05, down from its earlier guidance of $3.10 to $3.20.

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Deckers Cuts Sales Outlook as Shoppers Seek Out Discounted Shoes

The company now expects annual sales to be $5.7 billion to $5.73 billion as it projects slower growth for its Hoka sneaker and Ugg shoe brands.

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Western Digital Profit Grows on Data Storage Demand, Higher Pricing

The company reported a fiscal first-quarter profit of $1.78 billion as it capitalizes on growing data-storage demand tied to the build out of AI infrastructure.

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Boston Beer Logs Lower Profit, Revenue Amid Bleak Beer Market

The brewer posted a third-quarter profit of $43.2 million, down from $46.2 million a year earlier, as demand for beer continues to fall.

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Bloom Energy Lifts Outlook, Logs Higher Profit

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company's on-site power solutions.

(END) Dow Jones Newswires

October 23, 2026 03:15 ET (07:15 GMT)