News Highlights: Top Company News of the Day - Wednesday at 5 AM ET

Dow Jones
Yesterday
 
Rheinmetall, Lockheed Martin Team Up to Produce Missiles in Germany 
 

Germany's biggest defense company said that it expanded its existing cooperation with its U.S. peer.

 
Meta Launches New Standalone AI App, Rivaling ChatGPT 
 

Facebook owner Meta Platforms has launched a stand-alone artificial-intelligence app, becoming the latest technology giant to enter a field already facing intense competition.

 
TotalEnergies Keeps $2 Billion Buyback Despite Weak Oil Prices 
 

The company said it would continue to buy back up to $2 billion of shares over the second quarter despite a softening price environment.

 
Volkswagen Warns Tariffs, Other Challenges Could Weigh on Guidance 
 

The carmaker confirmed its guidance for the year, but said tariffs, political uncertainty and geopolitical tensions could pressure its return on sales, cash flows and liquidity.

 
GSK Sales, Profit Rise on Boost from HIV, Cancer Drugs 
 

GSK's profit rose on better-than-expected performance of HIV, cancer and asthma treatments, offsetting lower vaccine demand in the U.S.

 
Samsung Profit Beats on Strong Smartphone Sales 
 

The South Korean technology giant posted stronger-than-expected first-quarter profit, as solid gains in its smartphone segment offset weak earnings at its core semiconductor business.

 
UBS Sees Unpredictable Economic Path Forward 
 

The group's net profit was lower than in the year-earlier period, but higher than analysts had forecast, and the bank warned that the economic path forward was particularly unpredictable.

 
Amazon Rules Out Displaying Tariff Impact After White House Attack 
 

The administration had said that breaking out import charges would be "a hostile and political act."

 
AI, Cloud Performance to Take Center Stage as Microsoft Reports Earnings 
 

Microsoft is scheduled to report third-quarter financial results after the stock market closes on Wednesday.

 
Visa Revenue Rises; CEO Says Consumer Remains Resilient 
 

Cross-border volume and processed transactions rose 13% and 9%, respectively. Those healthy trends drove the company's overall revenue growth, Chief Executive Ryan McInerney said.

 
 

(END) Dow Jones Newswires

April 30, 2025 05:00 ET (09:00 GMT)

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