Dow Jones Top Company Headlines at 11 am ET: Walmart Further Shuffles Top Executives | Apple ...

Dow Jones
07/17

Walmart Further Shuffles Top Executives

Kieran Shanahan, chief operating officer for Walmart U.S., will leave this week.

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Apple Overthrows Nvidia to Reclaim Wall Street's Crown

The iPhone maker became the U.S.'s most valuable publicly traded company as investors are shifting focus from hardware supply to consumer execution.

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China's Moonshot AI Releases Model to Challenge Top U.S. Systems

The company says its model outperforms some cutting-edge U.S. systems, the latest sign that Chinese labs can rival American counterparts.

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Travelers Scored an Earnings Beat. Were the Downgrades All Wrong?

The insurer defied Wall Street's expectations, posting adjusted per-share earnings that were nearly double of what analysts projected.

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Fifth Third Profit Boosted by Comerica Acquisition

The Fifth Third Bank parent posted a profit of $763 million, or 83 cents a share, in the second quarter.

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Truist Financial Earnings Beat Estimates but Eyes Are on Bank's Next Chapter

Truist Financial delivered strong second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank's strategy.

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GSK Shares Slide After Drugmaker Drops Chronic Cough Treatment

GSK shares fell after the U.K. drugmaker said it would stop working on an experimental treatment for chronic cough after mixed results showed limited efficacy in late-stage clinical studies.

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Volvo Car Expects Sales to Strengthen on European Growth, U.S. Recovery

Volvo Car expects growth in Europe and a recovery in the U.S. to spur significantly stronger sales in the second half of the year, despite continued challenges in China.

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Meta Plans to Hire Top Amazon Computing Executive as It Weighs Cloud Push

Dave Brown, one of the most senior executives at Amazon Web Services, will bring his nearly two decades of experience to the social-media giant.

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Burberry Reports Sales Growth as It Moves Forward With Turnaround Plan

Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years.

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Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue

The startup's valuation jumps 40% as the AI boom has driven demand for its data-analytics software.

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Sweden's EQT Expects Strong Fundraising Momentum as It Posts Higher Net Profit

The buyout group reported rises in net profit and revenue for the first half aided by higher fee-generating assets.

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Celebrity-Backed Indonesia Coffee Chain Meets Banks for Potential IPO

Kopi Kenangan that counts Serena Williams and Jay-Z among its investors has held talks with banks to explore a potential listing that could value it at up to $1.0 billion, people familiar with the matter said.

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Parasitic Outbreak Linked to Taylor Farms Lettuce Supplied to Taco Bell

Thousands of people have been sickened across five states.

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SEC Flooded With Complaints Over Plan to Scrap Required Quarterly Earnings

The agency received more than 200,000 comments, a record number.

 

(END) Dow Jones Newswires

July 17, 2026 11:00 ET (15:00 GMT)

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

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