Dow Jones Top Company Headlines at 1 PM ET: SpaceX Set to Launch Upgraded Starship on Pre-IPO Test Flight | Walmart ...

Dow Jones
05/22

SpaceX Set to Launch Upgraded Starship on Pre-IPO Test Flight

The company estimates it has spent $15 billion developing its next-generation rocket.

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Walmart Sees Signs at Gas Pump That Consumers Are Stressed

The retailer said it would keep store prices steady as it predicts that rising fuel costs could draw more cash-strapped shoppers.

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Exxon Blasts Proxy Advisers for Conflict of Interest in Fight Over Texas Move

The oil company claims Glass Lewis and ISS have little incentive to support proposals tied to Texas because of a continuing legal battle with state Attorney General Ken Paxton.

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Airbus, Air France Found Guilty in 2009 Plane Crash That Killed 228 People

Ruling marks rare instance of companies' being found criminally liable for crash of a jetliner; plane maker set to appeal.

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Spotify Will Set Aside Concert Tickets for Artists' Superfans

The Swedish streaming company also announced a feature to let listeners remix music with AI.

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Eli Lilly's New GLP-1 Drug Looks Like a Weight-Loss Powerhouse in New Trial

Eli Lilly's investigational drug, retatrutide, delivered an average 80-week weight loss of 70 pounds at the highest dose.

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Apartment Owners AvalonBay and Equity Residential Agree to Merge

AvalonBay and Equity Residential have agreed to a merger, creating a multifamily real-estate giant worth more than $50 billion.

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Deere Sales Rise as Construction Growth Offsets Agriculture Weakness

Deere posted higher fiscal second-quarter sales as growth in the company's construction equipment business helped to offset weakness in its production agriculture segment.

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Jeep and Ram Parent Stellantis to Launch Nine New Vehicles Under $40,000

CEO Antonio Filosa is focusing on affordability in the U.S. market in his $70 billion revival plan unveiled Thursday.

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U.S. to Award Quantum Computing Firms $2 Billion, Take Equity Stakes

The Trump administration hopes to spur "a new era of American innovation," Commerce Secretary Howard Lutnick says.

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Hovnanian Swings to Loss as Housing Market Remains Frozen

The home builder posted a loss of $284,000 for its second quarter ended April 30, compared with a profit of $19.7 million a year earlier.

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Ubisoft Delays Profit, Cash Flow Targets as Reboot Continues

Ubisoft Entertainment is delaying profitability and cash-generation targets by a year, the latest setback for the Assassin's Creed maker as it undergoes a major overhaul of its operations and gaming portfolio to reinvigorate sales.

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Even at $5 Trillion, Nvidia Is Underappreciated

Competition is growing, but the AI chip maker's sluggish stock doesn't give enough credit for its strong position.

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AMD to Invest More Than $10 Billion in Taiwan's Chip Industry

The U.S. chip maker will tap the Taiwanese industry's expertise in high-performance computing.

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Kontoor Brands to Sell Lee Business to Authentic Brands for Up to $1 Billion

The sale is initially for $750 million and includes $250 million in potential future payment based on the performance of Lee.

 

(END) Dow Jones Newswires

May 21, 2026 13:00 ET (17:00 GMT)

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

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