Meta Plans to Shift Spending Away From the Metaverse
Zuckerberg's bet on immersive online worlds has lost the company more than $77 billion since 2020.
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HPE Says Customers' AI Delays Weighing on Sales
The company logged lower-than-expected revenue in the fiscal fourth quarter because customers are hitting delays in the development of their AI products, Chief Financial Officer Marie Myers said.
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Ulta Beauty Boosts Fiscal-Year Guidance as Third-Quarter Sales Climb
The cosmetics retailer now expects sales of $12.3 billion for the year after posting a quarterly profit of $230.9 million and experiencing growth across all categories and channels.
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Docusign Lifts Sales View as Subscriptions Grow
The digital document-signing company raised its full-year outlook for revenue to around $3.21 billion, up from a range of $3.19 billion to $3.20 billion.
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U.S. Steel to Restart Blast Furnace at Plant Trump Pushed to Preserve
Rising steel demand and expected outages at other mills owned by the company will enable expanded use of the Granite City Works in southern Illinois.
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Paramount Raises Concerns About Netflix's Bid for Warner Bros. Discovery
David Ellison's company turns up the heat with a pair of letters as suitors prepare fresh bids.
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PepsiCo Nears Settlement With Activist Investor Elliott
Elliott in September unveiled a roughly $4 billion stake in the food and beverage giant and proposed changes to boost the company's flagging share price.
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Target Tests New Models for Next-Day Delivery
The retailer is shifting some online-order fulfillment to less-busy stores, among other methods to speed up delivery and improve the in-store experience.
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Halozyme Granted Injunction Against Merck & Co. in Germany in Keytruda Patent Case
The Munich Regional Court ruled there was imminent infringement for Merck & Co.'s Keytruda SC in Germany related to Halozyme's MDASE patents in Europe, the San Diego company said.
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Kroger Swings to Quarterly Loss as Expenses Increase
Kroger swung to a fiscal third-quarter loss as expenses increased, though the company said it continues to make progress on its strategic priorities.
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Dollar General Lifts Outlook on Growing Demand
Despite some incremental pressures, consumers continue to spend on everyday items such as food and household supplies, as well as seasonal products, home decor and apparel, the discount retailer said.
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TD Bank Pushes Up Dividend After Quarterly Results
Toronto-Dominion Bank joined other big Canadian lenders in boosting its dividend, signaling optimism despite continued economic uncertainty after TD and its rivals each notched better-than-expected results in the latest quarter.
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UiPath Stock Soars. It's Looking More Like an AI Winner.
UiPath stock surged as it looks to be brushing off previous concerns about cuts to government spending and AI competition.
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EU Opens Antitrust Probe Into Meta Platforms Over WhatsApp AI Policy
The European Commission opened an antitrust investigation into whether Meta Platforms' rules governing AI developers' access to WhatsApp hurt competition.
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Hovnanian Enterprises Swings to Loss as Hesitant Homebuyers Squeeze Margins
The home builder posted a net loss of $667,000 as it offered more incentives to try to maintain a strong sales pace.
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Rio Tinto's New CEO Targets Cost Cuts, Asset Sales in Streamlining Push
Simon Trott also intends to scale back capital expenditures to less than $10 billion a year from 2028, and the company will cut roles.
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Hormel Expects Improved Profitability Next Year After Falling 'Significantly Short' of 2025 Goals
The maker of Skippy peanut butter, Planters nuts and Spam said higher input costs weighed on profits this year, as commodity prices across multiple brands and categories rose.
(END) Dow Jones Newswires
December 04, 2025 17:00 ET (22:00 GMT)
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