Paramount's Newest Bid Could Open Door to Beating Netflix Deal, Warner Says
Warner Bros. Discovery said it has received a revised offer from Paramount to buy the entire company for $31 a share.
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Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion
The deal could result in Meta owning as much as 10% of AMD's stock as the chipmaker seeks to challenge Nvidia.
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Pentagon Gives Anthropic Ultimatum and Deadline in AI Use Standoff
Defense Secretary Pete Hegseth threatened to use the government's leverage in a meeting with CEO Dario Amodei at the Pentagon.
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HP Dials Down Fiscal-Year Expectations as Memory Prices Drive Up Costs
The computer and printer maker continues to face higher costs for the memory chips used in its computers.
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Workday Guides for Subscription Revenue Growth to Slow Amid Mounting AI Worries
The human-resources software group's guidance missed Wall Street's expectations and added fuel to investors' recent worries over the risks that artificial intelligence poses to its business.
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Lucid to Cut U.S. Workforce by 12%, Reports Wider Loss
The electric-vehicle maker said the layoffs, announced internally Friday, would cut costs by about $500 million over a three-year period.
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First Solar Posts Higher Profit on Increase in Revenue
The solar-energy company posted a higher profit in fourth quarter, but issued revenue guidance for this year that missed analyst expectations.
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Boston Beer Posts Lower Fourth-Quarter Revenue
The beverage company reported lower revenue in the fourth quarter and said shifting tariff policies could significantly impact its guidance for the year.
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Cava Fourth-Quarter Sales Rise on Higher Prices, New Restaurant Openings
The restaurant chain saw revenue rise 21% and expects its same-store sales growth to continue this year.
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LVMH's Arnault Clinches Majority Ownership of Luxury Group
French billionaire Bernard Arnault has taken majority ownership of LVMH with a stake valued at more than $160 billion, tightening his family's control of the sprawling luxury-goods company that he founded.
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Novo Nordisk to Cut U.S. List Prices for Ozempic, Wegovy by Up to 50%
The reductions will take effect next January, and both Ozempic and Wegovy will list for $675 a month.
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Spirit Airlines Plans Life After Bankruptcy With Creditor Deal
The carrier's plan anticipates exiting Chapter 11 proceedings by the early summer as a smaller company.
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Home Depot Profit Falls As Home Improvement Downturn Continues
Home Depot reported lower fourth-quarter profit as economic uncertainty, high interest rates and a stagnant housing market continue to weigh on home improvement activity.
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Standard Chartered Profit Misses Views, Announces $1.5 Billion Buyback
The lender said its underlying return on tangible equity, a key profitability measure, reached 14.7% in 2025, exceeding its 13% target a year early.
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Planet Fitness Shares Sink on Weak Outlook
The gym chain logged higher quarterly profit and revenue but said it expects to grow adjusted earnings per share between 9% and 10% in 2026, below analyst forecasts.
(END) Dow Jones Newswires
February 24, 2026 19:00 ET (00:00 GMT)
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