Samsung Expects Another Record Quarter on Robust AI Chip Demand
The strong results from the world's largest memory chip maker are likely to help ease recent market concerns about the sustainability of AI computing-capacity spending.
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Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola
The largest U.S. grocer wins praise from President Trump for the move.
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Krispy Kreme Needs an Artisanal Touch to Make 'He-Man' Doughnuts
The company is hand-decorating doughnuts in a quest to lure younger consumers.
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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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Vertex Pharmaceuticals to Acquire Crinetics Pharmaceuticals for $10 Billion
The acquisition would add to Vertex's pipeline and potentially grow its annual revenue by $5 billion with the addition of Crinetics-developed drugs Palsonify and Atumelnant, the company said.
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Toyota to Move Tacoma Production to Texas in $3.6 Billion U.S. Expansion Plan
The automaker will boost vehicle production at its San Antonio truck and SUV plant.
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Barretts Minerals Parent $450 Million Talc Settlement Hinges on Product Safety Ruling
Minerals Technologies, parent of defunct talc supplier Barretts, asks bankruptcy judge to wait for a ruling on whether its talc was safe.
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Lockheed Martin to Acquire Ultra Maritime in $3.45 Billion Deal
Lockheed said Ultra Maritime's portfolio of anti-submarine warfare will complement and expand its ability to offer sonar solutions for maritime platforms.
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Microsoft Is Cutting More Than 3,000 Jobs in Xbox Division
The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations.
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Strategy Logs $8.3 Billion Loss as It Sells Off Bitcoin
The loss comes after the company, formerly known as MicroStrategy, sold 3,588 Bitcoin for less than it paid.
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Solstice Advanced Materials to Buy Element Solutions for More Than $12 Billion
The Honeywell spinoff aims to expand its footprint in high-growth electronics and artificial intelligence infrastructure markets.
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Rogers Communications Buys Rest of Toronto Maple Leafs, Raptors for C$4.35 Billion
Rogers Communications is buying out the final portion of the Maple Leaf Sports and Entertainment from Larry Tanenbaum's Kilmer Sports for $3.06 billion.
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TeraWulf Signs $19 Billion Lease With Anthropic for AI-Infrastructure Campus
TeraWulf will partner with Anthropic to build an artificial-intelligence infrastructure campus in Kentucky that could generate $19 billion in revenue.
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Besi Shares Tumble Amid Fears of Uptake Delay of New Chip-Stacking Technology
Shares fell 6.7% in early afternoon European trading, but remained up over 90% so far this year.
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SK Hynix Trims Fundraising Target for U.S. Listing to $28 Billion
The share sale would still rank among the biggest in history, second only to SpaceX's record IPO.
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Novartis to Buy Myricx Bio for Up to $1.5 Billion
The deal for the privately held U.K.-based biotechnology firm will help bolster Novartis's oncology capabilities.
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This American Investor Is Betting Big on a European Budget Airline
The latest proposal-the fifth from Castlelake-comes as airline stocks worldwide have tumbled in the wake of the Iran war and the subsequent surge in jet fuel prices.
(END) Dow Jones Newswires
July 06, 2026 21:00 ET (01:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.