Dow Jones Top Company Headlines at 9 PM ET: Jensen Huang Has Been Ousted as Nvidia CEO | Cisco ...
Jensen Huang Has Been Ousted as Nvidia CEO
Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee.
----
Cisco Systems Raises Outlook On Soaring Revenue, Profit
The company posted a first-quarter profit of $4.55 billion, driven by high demand in the agentic artificial-intelligence market.
----
Applied Materials Sales, Profit Climb on Semiconductor Demand
The semiconductor company posted a profit of $2.72 billion in the fourth quarter, fueled by artificial intelligence-driven demand for semiconductor services.
----
Cerebras Lifts Outlook as Cloud Revenue Surges in Third Quarter
The company now expects core revenue of between $940 million and $960 million for the year on continued demand for its cloud services, even as direct sales of its artificial-intelligence chips fell.
----
Once Upon a Farm Slashes Outlook Following 'Tractor Wheels' Recall
The maker of organic snacks no longer expects to log an adjusted profit for the year after recalling its Tractor Wheels snacks, which made up 18% of the sales.
----
SpaceX Plans More Than $74 Billion in Texas, Arizona Data-Center Investments
The company said it plans to spend around $24 billion on a data center in the Rio Grande Valley in Texas and roughly $50 billion on a campus in Cochise County, Ariz.
----
Nebius Lowers Outlook, Addresses Worries Over Financing AI Buildout
The artificial-intelligence cloud company lowered its full-year revenue outlook, citing a delay in some third-party capacity.
----
Google Faces Renewed Risk of EU Penalty Over AdSense Platform
A legal advisor to the bloc's top court said judges should revisit a decision to scrap a roughly $1.65 billion antitrust fine.
----
AI Startup LangChain More Than Doubles Its Valuation to $3 Billion
Alphabet's CapitalG led the $300 million investment into the startup as it targets enterprises with agent-development platform.
----
Brookfield Earnings Buoyed by Fund Raising, Wealth Solutions Growth
Brookfield notched stronger earnings in the third quarter as the investment firm saw strong fundraising in its asset-management operations and growth in wealth solutions.
----
Yeti Cuts Year Outlook on Consumer Caution
The cooler and drinkware maker said it now expects adjusted sales growth of about 6% this year, down from a range of 7% to 8% previously.
----
SMIC Doubles Profit, Posts Record Revenue on AI Spillover Effects
China's largest contract chip manufacturer more than doubled profit and reported another record revenue as spillover effects of the artificial-intelligence boom continued to boost demand and prices of its wafers.
----
Foxconn Stays Bullish After Robust Quarter, Cautious About AI Data-Center Outlook
The world's largest contract electronics maker remained bullish about demand for its artificial-intelligence servers, though it cautioned of uncertainties ahead following the U.S. midterm elections.
----
Siemens Earnings Rise After Orders Hit Record High
The German industrial conglomerate saw double-digit revenue growth in its smart infrastructure and digital industries units in the fourth quarter.
(END) Dow Jones Newswires
November 12, 2026 21:15 ET (02:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Growth Stocks to Buy While They’re Still Undervalued
3 of the Best Core Stocks to Own
3 Great New ETFs From 2026
The 10 Best Companies to Invest in Now
United States