Dow Jones Top Company Headlines at 7 AM ET: Nvidia Is Preparing to Oust CEO Jensen Huang | Foxconn ...

Nvidia Is Preparing to Oust CEO Jensen Huang

Move follows company investigation into an affair with a Chinese woman alleged to be a spy.

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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.

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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.

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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.

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Hapag-Lloyd Vows to Keep Managing Costs Despite Boost From Freight Rates

The world's fifth-largest container line by capacity continued to benefit from elevated freight rates, but pledged to keep a firm grip on costs as Middle East tensions and adverse weather disrupted operations.

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Rolls-Royce Sets Out $2 Billion Buyback After Demand Boosts Orders

The engineering and defense company said the interim buyback to February is part of a wider buyback of up to around $12 billion between this year and 2028.

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BAE Systems Lifts Cash Flow Guidance Again as Defense Spending Fuels Orders

The upgrade marks the second time the arms maker has revised its targets for the year.

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Telefonica Raises Earnings Guidance After Strong Quarterly Performance

The telecommunications company lifted its earnings view for this year, citing a strong third quarter, but cut its revenue target.

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Endeavour Mining Shares Tumble as Stoppages Affect Full-Year Output

Shares opened sharply lower after the company warned it would likely hit only the lower end of its guided range for production this year amid problems at one of its mines.

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Merck Raises Guidance Again on Growth Across Units

The company said it now expects full-year net sales to range between $23.84 billion and $24.29 billion, against its prior forecast of between $23.29 billion and $24.18 billion.

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Munich Re Posts Profit Decline Despite Lower-Than-Expected Major Losses

The reinsurer's third-quarter net profit was less than that of the same period a year before, when its results were flattered by exceptionally low major-loss expenditures.

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Companies Dole Out Mega Paydays and Luxury Trips to Compete for AI Talent

While tech workers have borne the brunt of recent layoffs, certain corners of the sector are recruiting aggressively.

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Pfizer Signs $1.5 Billion Deal With Blackstone to Fund Weight-Loss-Drug Development

The investment is set to cover development costs for berobenatide, an investigational drug being studied for chronic weight management and obesity-related conditions.

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Naver Profit Nearly Halves as AI Spending Squeezes Margins

Higher spending on AI investments and slower revenue growth in its core search-platform and e-commerce businesses weighed on results.

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BHP Names Australian Projects Boss as Next CFO

BHP Group has picked Australian projects head Adrian Wood as its next chief financial officer, as the world's biggest miner by market value sharpens its focus on delivering major new developments in potash and copper.

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NYSE Affiliate to Launch 24/7 Tokenized Stock Trading This Month

Eligible U.S. customers will be able to trade tokenized versions of more than 70 assets starting on Nov. 23, said Intercontinental Exchange and OKX's joint venture OKXICE.

(END) Dow Jones Newswires

November 12, 2026 07:15 ET (12:15 GMT)