Dow Jones Top Company Headlines at 5 PM ET: KB Home Lowers Outlook as Slow Housing Market Continues to Bite | Autonomous ...

Dow Jones
2025/09/25

KB Home Lowers Outlook as Slow Housing Market Continues to Bite

The home builder reported a lower profit as a dormant housing market forces home builders to make price concessions.

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Autonomous Truck Startup Kodiak Set to Go Public After $2.5 Billion Deal

The maker of software for self-driving vehicles is one of several companies aiming to automate long-haul trucking.

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Stitch Fix Guides for Revenue Growth as Results Beat Estimates

The online personal-styling-services company said it expects revenue to grow between 1% and 5%, to a range of $1.28 billion to $1.33 billion for the fiscal year, surpassing analyst forecasts.

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Lithium Americas in Loan Talks With Trump Administration, General Motors

​The viability of​ the Canadian company's lithium mining project in Nevada has ​come under scrutiny​ and U.S. officials have raised concerns about loan repayment​.

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Honda to Stop Producing Electric Acura ZDX

The automaker said it is ending production of its ZDX electric SUV to "better align our product portfolio with the needs of our customers and market conditions."

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Thor Profit Rises but RV Maker Sees Continued Challenging Macroeconomic Backdrop

The RV company recorded higher fourth-quarter profit that beat analysts' expectations, shrugging off concerns about decreased discretionary spending from consumers.

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Freeport-McMoRan Says Its Gold and Copper Sales Will Drop. The Stock Is Falling.

Mining operations have been suspended since a mud rush earlier this month, and the search for five missing workers is ongoing.

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Alibaba Shares Surge as It Boosts AI Bet, Rolls Out New Model

The Chinese tech giant said it would invest more than originally planned in artificial intelligence and released what it says is its most capable AI model yet, underpinned by homegrown chips.

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TotalEnergies Consortium Wins $5.3 Billion French Wind-Farm Tender

The consortium is to build and operate France's largest offshore wind farm, but Germany's RWE said it intended to exit the partnership.

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Kimmel Makes Emotional Return to ABC With Trump Barbs, Comments on Kirk Controversy

Before the broadcast, Trump threatened ABC over its decision to allow the host back on the air.

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Ford Courts Riskier Borrowers With Lower Rates for F-150 Pickups

The unusual end-of-quarter sales promotion addresses affordability for shoppers with weak credit profiles.

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Norway's Oil Fund to Buy Stake in TenneT Germany for $5.3 Billion

Norges Bank Investment Management has agreed to purchase a 21.8% stake in the German electricity transmission system operator.

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Gerresheimer Stock Plummets Amid Accounting Probe

Shares in the pharmaceutical equipment manufacturer slumped as much as 38% after Germany's financial watchdog said it had violated accounting regulations.

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Zijin Gold's Blockbuster Listing Delayed as Typhoon Hits Hong Kong

A supertyphoon that is lashing Hong Kong with heavy rains and winds has halted a blockbuster initial public offering by the gold unit of one of China's biggest miners.

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Micron Technology Scrambles to Meet Soaring Memory Demand

The company logged another quarter of growth as climbing demand for its memory products drove revenue higher.

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OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power

In the Texas prairie, the startup showcases ground zero of the AI boom and its plans to shepherd $1 trillion in infrastructure spending.

 

(END) Dow Jones Newswires

September 24, 2025 17:00 ET (21:00 GMT)

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