Dow Jones Top Company Headlines at 3 AM ET: How Nvidia Is Backstopping America's AI Boom | ASM ...

Dow Jones
Sep 23

How Nvidia Is Backstopping America's AI Boom

The chipmaker's partnership with OpenAI has helped reset market expectations about the startup's finances.

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ASM International Cuts Full-Year Expectations on Weaker Demand

The supplier of semiconductor-making equipment anticipates second-half performance to be hit by lower-than-expected demand in key segments.

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Kenvue Braces for Wave of New Lawsuits Over Tylenol's Potential Link to Autism

The Trump administration warned about the risk of use during pregnancy, which the company disputes.

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Monte Dei Paschi Secures 86% of Mediobanca

The offer from Monte dei Paschi di Siena values its rival at around $19 billion.

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Boeing Gets Order From Uzbekistan Airways

Boeing received an order from Uzbekistan Airways worth more than $8 billion, according to President Trump.

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Heineken Buys Central American Assets in $3.2 Billion Deal

The Dutch brewer is buying beverage and retail businesses to grow its presence in Central America.

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Kimmel's Late-Night Show to Return to ABC Tuesday

"Jimmy Kimmel Live!" had been suspended indefinitely last Wednesday, after controversy erupted over his remarks regarding the killing of Charlie Kirk.

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CVS Puts Omnicare Pharmacy Unit in Bankruptcy Following $1 Billion Government Verdict

Omnicare filed for chapter 11 after New York jury found the country's largest long-term-care pharmacy dispensed drugs without legitimate prescriptions.

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Firefly Aerospace Posts Wider Loss as Revenue Falls

The space and defense technology company posted a loss of $80.3 million, or $5.78 a share, marking its first earnings report since its stock market debut last month.

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Auto Supplier First Brands Prepares for Bankruptcy After Lenders Question Financials

The closely held company's loan prices collapsed after lenders hit pause on a refinancing effort and sought more information on its financials.

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BYD Stock Falls. Warren Buffett's Berkshire Hathaway Is Bailing on the EV Maker.

Berkshire's first quarter report lists Berkshire's BYD stake at $0 as of March 31, down from $415 million at the end of 2024.

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Budweiser Maker Is Teaming Up With Netflix. It Needs a Wider Audience to Boost Slumping Sales.

Amid declining sales of alcoholic beverages, beer giant Anheuser-Busch InBev is partnering with the streaming service to sell more drinks.

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Spirit Airlines Furloughing One-Third of Its Flight Attendants

The bankrupt airline plans to furlough 1,800 of its roughly 5,200 flight attendants, another effort by the carrier to slash expenses.

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Pfizer to Buy Weight-Loss Drug Developer Metsera for Up to $7.3 Billion

The deal returns the drug-maker to the growing market for obesity drugs after scrapping an experimental weight-loss pill.

 

(END) Dow Jones Newswires

September 23, 2025 03:00 ET (07:00 GMT)

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