Dow Jones Top Company Headlines at 5 AM ET: Airline Stocks Dive as Iran Strikes Suspend Key Corridors | European ...

Dow Jones
03/02

Airline Stocks Dive as Iran Strikes Suspend Key Corridors

Stocks slumped as the conflict in the Middle East crippled travel through some of the world's most crowded transit arteries.

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European Defense Companies Soar on Middle East Conflict

Investors flocked to defense stocks in Europe as the conflict widens and missile technology comes into focus.

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Trump Administration Shuns Anthropic, Embraces OpenAI in Clash Over Guardrails

The OpenAI chief says the deal for the Pentagon to use its tools in classified settings includes the same prohibitions that Anthropic had wanted.

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Nvidia Plans New Chip to Speed AI Processing, Shake Up Computing Market

Under pressure from rivals, the chip giant is set to offer a new product focused on rapid processing of AI queries for "inference" demand.

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Chinese Automakers' Sales Largely Fail to Gallop Into New Year

Automakers broadly recorded a sharp drop in sales in February as demand in the world's largest auto industry waned during the Lunar New Year month.

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Berkshire's Abel Pledges to Follow Buffett's 'Framework'

The December quarter marked Warren Buffett's last as Berkshire CEO, a role now occupied by his longtime deputy.

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Streaming Is Going to Cost More. That's the Price of Mergers.

'While consolidation has a tendency to increase pricing, it decreases churn,' said Alex Holtz, research director of IDC.

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Bets on Fate of Iran's Khamenei Spark Uproar at Leading Prediction Markets

One backlash focuses on whether Kalshi and Polymarket offered proxy bets on the killing of Iran's leader.

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Government Agencies Raise Alarm About Use of Elon Musk's Grok Chatbot

Warnings about xAI's safety and reliability preceded the Pentagon's decision to approve Grok for use in classified settings.

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First Brands Races to Sell Units in Bankruptcy to Avert April Wind-Down

Auto-parts supplier is trying to sell business units, with Ford submitting bids for some of them, and faces an April 30 wind-down if deals fall through, sources say.

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Amazon Tries Its Low-Cost Approach to Winning the AI Race

Amazon's new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.

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Has the retail industry rebounded? We'll find out this week from Target, Costco, Best Buy and others' earnings

Some analysts felt the retail industry was due for a modest recovery in 2026. Results from some of the biggest chains this week will offer a sense of how that rebound is going.

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Target to Remove Artificial Dyes From Cereal Aisle

The retailer said it has worked with national brands and owned-brand partners to reformulate products where necessary.

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Trump Media in Talks to Spin Off Truth Social

President Trump's media company said it is in discussions to spin off businesses, including social-media platform Truth Social, into a new publicly traded company.

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How Jack Dorsey Explained Cutting Almost Half of Block's Staff

The entrepreneur said fewer employees is better in the AI age.

 

(END) Dow Jones Newswires

March 02, 2026 05:00 ET (10:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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