News Highlights: Top Company News of the Day - Tuesday at 7 PM ET

Dow Jones
05-07
 
Advanced Micro Devices Guides for Higher Quarterly Revenue 
 

The chip maker logged higher profit and sales in the fiscal first quarter. Shares rose in after-hours trading.

 
Super Micro Cuts Full-Year Outlook After Results Disappoint 
 

The server maker cut its sales outlook for fiscal 2025, citing short-term impacts of heightened economic uncertainty and tariffs that prompted some customers to delay orders of new servers and computer products.

 
Rivian Expects Tariffs to Dent Demand for Its EVs 
 

Rivian Automotive cut its outlook for vehicle deliveries and upped expectations for capital expenditures for the full year.

 
SpaceX Gets Greenlight for More Rocket Launches in Texas 
 

Elon Musk's company will be allowed to begin launching its Starship rocket up to 25 times a year from its Starbase complex in Texas, according to the FAA.

 
Electronic Arts Posts Higher Profit, Revenue 
 

The videogame developer posted a profit of $254 million for its three months ended March 31, compared with $182 million a year earlier.

 
Wynn Resorts Logs Lower Profit, Sales 
 

Revenue fell to $1.7 billion compared with $1.86 billion a year ago. Analysts had expected $1.74 billion.

 
WeightWatchers Files Bankruptcy to Adapt to Chemically Induced Weight-Loss Future 
 

The icon of a bygone dieting era seeks to shed debt and restructure as women gravitate toward drugs to lose weight.

 
DoorDash Swings to Profit, Plans to Buy Deliveroo and SevenRooms 
 

DoorDash swung to a first-quarter profit as demand continued to grow for online restaurant and grocery-store orders, and the company also struck deals to acquire British food-delivery company Deliveroo and software concern SevenRooms.

 
WK Kellogg Cuts Outlook Over Tariffs, Softening Sales 
 

The cereal maker now forecasts sales to decline 2% to 3% for the year instead of 1%, as previously projected.

 
U.S. Urges Breakup of Google Ad Businesses 
 

Google said in a court filing that divestiture isn't warranted in this case, and wouldn't be technically feasible.

 
 

(END) Dow Jones Newswires

May 06, 2025 19:00 ET (23:00 GMT)

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