Dow Jones Top Company Headlines at 11 AM ET: Tesla's Polarizing Cybertruck to Wind Down Production Amid Slow Sales | Moderna ...
Tesla's Polarizing Cybertruck to Wind Down Production Amid Slow Sales
Demand for the company's stainless steel truck, once hailed as an EV disrupter, evaporated after initial hype.
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Moderna Swings to Profit, Lifts Outlook as Covid-19 Vaccine Demand Stabilizes
The biopharmaceutical company said it now expects total revenue growth of 15% to 25% for the year, compared with a previous outlook for up to 10% growth.
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Norway's Oil Fund Reaches $224.5 Million Settlement With KPMG Over SVB Collapse
Norges Bank Investment Management and co-lead plaintiff Sjunde AP-fonden, Sweden's state pension fund, reached a $224.5 million settlement in principle.
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Humana Lifts Outlook as Quarterly Revenue Jumps
Humana raised its full-year earnings outlook as consolidated income and revenue rose in the recent quarter.
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Charter Continues to Lose Internet, Video Customers; Plans New Savings Program
Charter Communications continued to lose internet and video subscribers in the third quarter, dragging on its overall results.
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Brookfield Asset Management Fundraises $25 Billion in Quarter
Brookfield Asset Management is seeing no let up in fundraising efforts as it tracks toward a record year, driven by the alternative asset manager's infrastructure franchise as investors seek out real assets for stability and returns.
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Under Armour Revenue Falls on Broad Segment Declines
Under Armour posted lower revenue in its fiscal second quarter, weighed down by a slump that cut across product categories and geographic segments.
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Firefly Aerospace Inks Deal With AST SpaceMobile for Rocket Engines
Firefly Aerospace reached an agreement worth more than $1.3 billion to supply rocket engines and license its propulsion technology to AST SpaceMobile, which is developing its own heavy-lift rocket.
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Outback Steakhouse Owner Raises Profit Outlook as Chain's Turnaround Continues
Bloomin' Brands raised its full-year profit outlook and said its Outback Steakhouse chain continues to make progress on its turnaround plan.
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TikTok Gets EU Warning Over 'For You Feed' Content
TikTok's 'For You' feed could harm users by repeatedly exposing them to triggering content, the European Commission said, warning that the company might be in breach of the bloc's online content rules.
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Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5 Trillion Valuation
Other investors say October financial results could lessen the blow of the market rout.
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British Airways Owner IAG Cuts Capacity, Investment Plans as Fuel Costs Weigh
IAG-which also owns Iberia and Vueling among other airlines-now projects full-year capacity to be slightly lower than in 2025, having expected it to be flat.
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Monte dei Paschi Raises Profit Guidance as Intesa Prepares to Launch Takeover Bid
Banca Monte dei Paschi di Siena reported higher third-quarter net profit on increased revenue, as it continues to weigh a takeover offer by Intesa Sanpaolo.
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AI Companies Scramble to Navigate a World Hostile to Data Centers
With winning candidates promising moratoriums in key states, data-center builders are weighing their options, from going overseas to building in the desert.
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Moscow Seizes Japan Tobacco's Russia Factories
The move follows a Russian pattern of targeting Western firms over Ukraine and punishing Tokyo.
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Hong Kong Exchange Operator's Profit Slips as Trading, Listing Activity Cools
The stock-exchange operator's third-quarter profit fell unexpectedly despite revenue growth as trading activity in the Asian financial hub showed signs of moderation.
(END) Dow Jones Newswires
November 06, 2026 11:15 ET (16:15 GMT)
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