OpenAI Plans Fourth-Quarter IPO in Race to Beat Anthropic to Market
The rivals are competing to be the first major generative AI startup to tap the public markets.
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Apple Posts Blowout iPhone Sales, but Investors Focus on Higher Costs
The company, which had already forecast big December quarter sales, is now contending with rising component prices.
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Visa First-Quarter Sales Climbed on Strong Holiday Shopping
The payments company posted a profit of $5.85 billion, citing strong consumer spending through the holidays.
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Sandisk Profit, Revenue Jump on AI Demand
The data storage technology company posted a second-quarter profit of $803 million, up from $104 million a year earlier.
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Anthropic-Pentagon Clash Over Limits on AI Puts $200 Million Contract at Risk
The AI startup and defense officials disagreed over whether the technology would be used for autonomous "lethal" operations and surveillance.
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Amazon in Talks to Invest Up to $50 Billion in OpenAI
CEO Andy Jassy is leading the e-commerce giant's negotiations with the ChatGPT maker.
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LPL Financial Earnings Beat Estimates. Client Assets Surge 36%.
The company's results got a boost thanks to lower expenses and a surge in fee-based revenue.
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Saks to Close Most of Its Off 5th Discount Stores as Part of Bankruptcy
All but a dozen of the roughly 70 Saks Off 5th stores will be shut, and the online business will wind down too.
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Western Digital Second-Quarter Profit Rises as AI Boosts Demand
The data storage company posted a profit of $1.84 billion, boosted by the growth of artificial intelligence.
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Deckers Sales Rise on Demand for Hoka
The footwear and apparel company says Hoka sales jumped 19%, while Ugg sales rose 4.9%. The company's other brands saw sales decline 56%.
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Lockheed Martin to Quadruple Thaad Missile-Defense Output
Lockheed Martin said it will quadruple its Thaad missile-defense system output, to roughly 400 interceptors a year, in response to demand from Pentagon officials gearing up for conflicts on multiple fronts.
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Home Depot Cuts 800 Jobs, Orders Corporate Workers Back to Office Full Time
The company said the layoffs affected fewer than 150 roles based at its Atlanta headquarters, and the rest worked remotely.
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Adidas to Buy Back Stock as Revenue Rises
The German footwear and apparel company will begin a €1 billion buyback program for 2026 after it reported higher preliminary revenue for the fourth quarter.
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Waymo Robotaxi Hits Child Near Elementary School, Prompting NHTSA Investigation
The National Highway Traffic Safety Administration said that the child ran across the street from behind a double-parked SUV before being struck by the autonomous vehicle, sustaining minor injuries.
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Dow to Cut 4,500 Employees in AI Overhaul
As part of a cost-saving program, the chemicals giant will lean on artificial intelligence to increase productivity.
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Mastercard to Cut 4% of Full-Time Employees After Business Review
The company is the latest of several to announce plans for sweeping job cuts in recent days.
(END) Dow Jones Newswires
January 29, 2026 19:00 ET (00:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.