Dow Jones Top Company Headlines at 3 PM ET: Stripe and Private-equity Firm Advent Offer to Buy Paypal | SpaceX ...

Dow Jones
07/16

Stripe and Private-Equity Firm Advent Offer to Buy PayPal

The deal would value the fintech company at around $53 billion.

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SpaceX Shares Fall Below IPO Price for the First Time

The rocket maker's stock slipped below $135 as the tech-heavy Nasdaq composite dropped.

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Mira Murati's AI Startup Releases First Model in Bid to Loosen AI Giants' Grip

Thinking Machines Lab CEO Mira Murati is betting on more customizable artificial-intelligence models to chip away at the lead of frontier labs such OpenAI and Anthropic.

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Morgan Stanley Posts Blowout Quarter Thanks to Blockbuster IPOs, Newly Minted Millionaires

The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.

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BlackRock Shares Rally After Assets Soar Past $15 Trillion

BlackRock reported profits rose 20% from a year earlier, and shares rallied more than 7%.

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Johnson & Johnson Bumps Up Guidance as Sales Rise

The drug and medical-device maker raised its forecast for the year after recording higher sales in the second quarter.

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Conagra Swings to Loss, Cuts Dividend Under New CEO

The maker of Orville Redenbacher's popcorn and Slim Jim swung to a loss in the fiscal fourth quarter and cut its dividend, as its new chief executive aims to strengthen the company with a more conservative spending strategy.

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Apple's AI Tools Get China Approval

Apple's artificial-intelligence system has secured government approval in China, clearing a major roadblock for the iPhone maker to introduce the service in the world's largest smartphone market.

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Patrick Drahi's Altice International Accused of Debt Default

Lenders holding about $9 billion in bonds claim Patrick Drahi's telecom empire stripped away collateral through intercompany deals, sources said.

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JPMorgan, BlackRock and Goldman to Tokenize Stocks, Treasurys

Trade processor DTCC is launching a trial run with Wall Street firms to convert assets into digital tokens.

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JPMorgan's Latest Defense Move Backs Sub Supplier and Philadelphia Shipbuilding

As part of the bank's defense initiative, $24 million will go toward a submarine facility and training skilled workers.

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Chip-Machine Supplier ASML Raises Guidance Again on Unrelenting AI Demand

The company lifted its annual sales guidance for the second time and said it would boost output of its semiconductor-making machines in the coming years.

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BNY Lifts Revenue Forecast After Profit Climbs

For the second quarter, the bank posted net income of $1.7 billion, or $2.45 a share, up from $1.39 billion, or $1.93 a share, in the same quarter a year earlier.

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Elevance Health Logs Lower Membership Amid Rate Hikes

Elevance Health said membership dropped in the second quarter, highlighting the pressure on major insurers as they aim to continue hiking premium rates on Affordable Care Act plans to offset rising government medical costs.

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Richemont's Shares Surge After Sales Beat

Sales at the luxury group rose 20%, bolstered by its jewelry business and despite a volatile market for the sector.

 

(END) Dow Jones Newswires

July 15, 2026 15:00 ET (19:00 GMT)

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

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