Dow Jones Top Company Headlines at 11 AM ET: Anthropic to Seek $1.3 Trillion Valuation in IPO | SoftBank ...
Anthropic to Seek $1.3 Trillion Valuation in IPO
The Claude maker's stock-market debut is seen as a litmus test for investors on edge over the AI trade.
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SoftBank Posts $7 Billion Loss as AI Trade Falters
The company took a hit on the value of power-generating equipment meant for AI data centers. Its stock has more than halved from its June peak.
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How Jensen Huang's Affair Spiraled Into a National Security Nightmare
The Nvidia CEO, who has acknowledged an affair with a woman accused of spying for China, has lobbied President Trump on loosening export controls.
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On Holding's Sales Mix Surprises, as Direct-to-Consumer Growth Underwhelms
The company's total net sales climbed 17% in the third quarter, despite underwhelming results in its direct-to-consumer business as it continued to prioritize full-price sales in a highly promotional marketplace.
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Vodafone Dials Up Guidance But Says German Unit Needs Improvement
Vodafone Group cited cost savings and strong performance in its business-focused operations, but called out weakness in its German unit.
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Volkswagen Backer Porsche SE Urges Faster Cost Cuts as Losses Mount
Volkswagen's major shareholder said it swung to a loss in the first nine months of the year, mainly due to an impairment on the value of its investments in Volkswagen and sports-car maker Porsche AG.
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Wall Street Pay Set to Climb After Volatile Markets and IPOs Fuel Bank Profits
Traders and investment bankers are set to see among the biggest bumps in bonuses.
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Take-Two Interactive Software Reports Lower Revenue Ahead of 'GTA VI' Launch
Chief Executive Strauss Zelnick said pre-orders for "GTA VI," which drops Nov. 19, have reached unprecedented levels.
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A Reined In Jensen Huang Is Nvidia's Best Option
A more restrained chief would suit the chip giant well for the next phase of the AI boom.
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Chip Maker Infineon Lifts AI Sales Goal on Strong Data-Center Demand
Shares rose more than 4% on the raised forecasts-a sign the chip maker expects appetite for advanced semiconductors to remain strong and the buildout of data centers to continue apace.
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Adnoc Gas Still Evaluating Options to Bypass Hormuz
The company has been examining ways to reduce its reliance on the strait-including an LNG export facility on the country's east coast-its chief executive says.
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Exxon Takes First Step Toward Investing in Venezuela
The U.S. oil giant, whose CEO notably called the country "uninvestable" in January, has signed a memorandum of understanding to explore drilling opportunities there.
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WuXi AppTec Removed From Pentagon's List of Chinese Military Companies
The pharmaceutical company said it has been taken off a Pentagon list of Chinese companies that the U.S. says have ties to the Chinese military.
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Honda Raises Guidance After First-Half Profit Growth
Honda Motor raised its annual earnings guidance after stronger sales of cars in North America and motorcycles helped boost first-half profit.
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Berkshire May Be Buying Class A Stock Directly From Holders to Boost Repurchases
During the third quarter, Berkshire repurchased $9.6 billion of stock. Most consisted of the more liquid Class B shares, but some $3.4 billion involved the A stock.
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Qantas to Cut 850 Jobs After Tech Deal With Accenture
The layoffs representing about 3% of its Australian workforce are expected to take place over the coming years, with the first wave anticipated by mid-2027.
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German Defense Group Hensoldt Targets More Than $10 Billion in Sales by 2035
The maker of military sensors and radars said it expects the defense industry to grow strongly in the coming years and projected further orders.
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Banco BPM Says Board to Discuss Credit Agricole Merger Proposal
Banco BPM said its board would discuss a proposal it received from its largest shareholder, Credit Agricole, regarding a combination with the French bank's Italian operations.
(END) Dow Jones Newswires
November 10, 2026 11:15 ET (16:15 GMT)
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