Dow Jones Top Company Headlines at 5 AM ET: Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire | New ...

Dow Jones
06/10

Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire

The SpaceX IPO is expected to set records Friday and mark a new pinnacle in Wall Street's retail revolution.

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New GSK CEO's Cancer Deal Signals Bigger Ambitions

After shedding its oncology business just over a decade ago, GSK is building it back with a $10.6 billion deal.

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Sigma Healthcare in Preliminary Talks to Buy U.K.'s Boots

Australia's Sigma Healthcare said it is involved in early discussions about a potential acquisition of U.K. drugstore chain Boots.

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Nestle Finds Its Sweet Spot. How the New CEO Is Turning the Food Giant Around.

Philipp Navratil aims to restart growth in the 160-year-old food giant by focusing on core brands like KitKat, Fancy Feast, and Nespresso.

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UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances

The Italian bank also holds financial contracts that give it exposure to an additional 16.4% stake in Commerzbank, according to a regulatory filing, with one week to go for the offer period.

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Oracle Is Reshaping Its Earnings. The Cloud Is How.

The stock is down 17% since the first of June, falling from the highs of the spring tech rally.

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Anthropic Releases New 'Mythos-Class' Model to General Public With Guardrails

Queries about dangerous topics such as cybersecurity or bioweapons will be steered to an older Opus model.

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Brookfield-backed CDK Global in Talks With Creditors for Debt Restructuring Deal

Creditors to the company have broken into factions as the software provider struggles with its $5.5 billion debt load.

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GM follows Ford by making a big energy bet - this time with an unconventional approach

GM plans to revamp its energy business and place a big bet on sodium-ion batteries just as shares of rival Ford got a boost from a similar move a few weeks ago.

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Cracker Barrel Posts Surprise Profit, Lifts Outlook for Year

The upbeat results come after the restaurant chain struggled with customer complaints and backlash from its short-lived logo change.

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Casey's General Stores Profit, Revenue Rise, Helped by Pizza Sales

The convenience store chain pointed to strong sales of whole pizzas as well as appetizers and sides, in addition to strength in non-alcoholic beverages.

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DraftKings Sees $1.3 Billion in Prediction Market Trading. The Stock Is Soaring.

DraftKings said annualized consumer trading volume on its prediction-markets platform reached $1.3 billion, offering an early sign that its expansion beyond traditional sports betting may be gaining traction.

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Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs

Vlad Tenev says Robinhood aims to be "disruptive" in the sector.

 

(END) Dow Jones Newswires

June 10, 2026 05:00 ET (09:00 GMT)

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

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