Dow Jones Top Company Headlines at 7 PM ET: SpaceX Joins the Nasdaq-100. Why the Stock Dropped. | Coty ...

Dow Jones
07/08

SpaceX Joins the Nasdaq-100. Why the Stock Dropped.

SpaceX is now in a major growth index. Don't expect a big stock pop though.

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Coty to Transfer Gucci Beauty License Back to Kering Ahead of Schedule for $400 Million

In connection with the deal, Kering expects to license out the Gucci beauty brand to L'Oreal starting in mid-2027, which will begin their 50-year exclusive licensing agreement ahead of schedule.

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Raytheon, NATO Move to Build Advanced AMRAAM Missile Components in Europe

The defense contractor said it is working in partnership with the U.S. government and multiple other NATO nations to conduct a series of feasibility studies that would qualify new suppliers in Europe for priority components of its advanced medium-range air-to-air missile.

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Amazon Taps Bond Market to Raise Money as Borrowing Costs Stay Low

Amazon is returning to the bond market with a multitranche debt offering as strong investor demand keeps borrowing costs low while the company continues investing heavily in AI infrastructure.

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Shell's Traders Get Boost From Conflict But Gas Output Falls on Lost Qatari Volumes

The British energy major said its gas-trading division is expected to report significantly higher results than the first quarter, and it raised its second-quarter integrated gas unit production outlook.

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Samsung Expects Another Record Quarter on Robust AI Chip Demand

The world's largest memory chip maker extended its record earnings streak on booming demand for artificial-intelligence chips.

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JPMorgan, Bank of America and Other Banks Explore a Deal to Shake Up Payments World

A deal for a card network could allow bigger transaction fees, but some bank executives are worried about backlash.

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Beyond the CIA: Palantir Moves Into Mexico's Private Sector

The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.

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Getty Images Calls Off Shutterstock Deal After U.K. Hurdle

Getty Images officially called off its merger with Shutterstock, about a week after the deal was dealt a blow by a U.K. regulator.

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Rivian's stock sale triggers worst rout for the shares in nearly two years

Rivian's stock is down 13% as Wall Street frets about the EV maker's cash troubles.

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Nestle to Tweak Some Food Recipes to Appeal to Duller GLP-1 Palates

The company is looking to spice up some of its products to counter changes in taste that can accompany weight-loss drugs.

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Nokia's New Act: Supplying the AI Data Center Boom

Shares of the veteran handset maker have surged roughly 90% this year as it pivots to become a heavyweight infrastructure supplier.

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Democratic Lawmakers Probe Lutnick's Possible Ties to Cantor Fitzgerald Deal

The firm, previously led by the commerce secretary, helped USA Rare Earth raise private funds in connection with the U.S. government's investment.

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LG Electronics Expects Quarterly Earnings to Surge, Buoyed by Tariff Refund

The South Korean consumer-electronics company projected a more than twofold increase in second-quarter operating profit, driven by a U.S. tariff refund and resilient profitability.

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Nvidia-Backed Startup Nscale Locks in $900 Million for Data-Center Buildout

The U.K. artificial-intelligence infrastructure startup said the funds would inject flexible liquidity to accelerate its data-center plans across Europe, the U.S. and the Asia Pacific.

 

(END) Dow Jones Newswires

July 07, 2026 19:00 ET (23:00 GMT)

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