Dow Jones Top Company Headlines at 9 PM ET: Oracle Raises 2027 Sales View as AI Demand Outpaces Supply | OpenAI ...

Dow Jones
03/11

Oracle Raises 2027 Sales View as AI Demand Outpaces Supply

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

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OpenAI Faces Lawsuit Over Safety Protocols Ahead of Canada School Shooting

The mother of a girl injured after a fatal school shooting last month in Canada launched a lawsuit against OpenAI for its decision not to inform police of the suspect's interactions with its ChatGPT chatbot.

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Bill Ackman Details Plan to Take Hedge-Fund Firm, New Fund Public Simultaneously

The billionaire investor's unique double listing is an attempted do-over of a botched 2024 offering of the new investment fund.

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Tesla and Google team up to push their own fix for rising electricity bills

The Big Tech giants joined a coalition that aims to work with U.S. lawmakers and regulators to utilize more of the electric grid and lower costs.

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AeroVironment Cuts Guidance, Says Government Shutdown Delayed Orders in Third Quarter

The drone maker now expects adjusted earnings per share of $2.75 to $3.10 for the fiscal year, compared with $3.40 a share to $3.55 a share previously.

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FDA Warns Novo Nordisk of Unreported Side Effects Tied to GLP-1 Patients

The FDA underscored cases including two deaths and a suicide linked to patients taking semaglutide, which Novo markets as Ozempic and Wegovy.

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Rio Tinto Secures Almost $1.2 Billion in Financing for Argentina Lithium Project

The mining company said it secured the financing package from four international lenders that will help support work on the $2.5 billion Rincon project in Argentina's Salta Province, which is targeting about 60,000 tons a year of battery-grade lithium carbonate capacity.

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Meta to Acquire AI-Only Social Media Platform Moltbook

Moltbook's team will join Meta's Superintelligence Labs division in the tech giant's latest move to scale up its AI-related talent and capabilities.

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Boeing Says Wiring Flaws Will Slow Some 737 MAX Deliveries

The ​company found scratched wiring in undelivered planes​ and ​said ​the delay could curb​ overall plane deliveries this month​.

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Australian Plastics Recycling Company Targets Critical Minerals

Samsara Eco plans to tailor microscopic organisms to retrieve materials from electronic waste.

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FDA Approves Drug Trump Touted for Autism to Treat Other Neurological Disorder

The Food and Drug Administration approved leucovorin to treat a neurological disorder with some symptoms similar to autism.

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Nvidia Invests in Mira Murati's Thinking Machines Lab

The startup, founded by OpenAI's former CTO, plans to deploy at least one gigawatt of Nvidia chips as part of a new partnership.

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European Space Merger Faces Pushback From Local Competitors

The friction points to potential hurdles in the regulatory process that awaits Airbus, Leonardo and Thales to get their space merger over the line.

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Saudi Arabia Pushes East-West Pipeline Toward Capacity Amid Hormuz Disruption

Saudi Aramco says crude flows through the pipeline network should reach its 7 million-barrel-a-day capacity within days, up from about 2.8 million barrels a day before the Iran war.

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Exxon Mobil Plans to Move Its Legal Home to Texas From New Jersey

With shareholder approval, the company, incorporated in New Jersey since 1882, would join other firms seeking a more business-friendly environment.

 

(END) Dow Jones Newswires

March 10, 2026 21:00 ET (01:00 GMT)

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