Dow Jones Top Company Headlines at 7 AM ET: PepsiCo to Cut Prices for Doritos and Other Snacks | X's ...

Dow Jones
Feb 03

PepsiCo to Cut Prices for Doritos and Other Snacks

The food-and-beverage giant is aiming to bring 'more value' after years of lifting consumers' costs in snack aisles.

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X's Paris Office Raided by Prosecutors Amid Probe Into Deepfakes

Authorities are investigating the social-media platform's role in deepfake images and alleged foreign interference in French politics.

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Siemens Energy to Spend $1 Billion to Boost Manufacturing of Electrical-Grid Equipment

Investments include restarting manufacturing of gas turbines, the monster machines needed to supply reliable power for the AI-data-center boom.

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Merck Expects Slower Earnings Growth As It Spends on Acquisitions

Merck recorded higher revenue in its fourth quarter, but expects earnings growth to slow as it ramps up acquisitions.

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Google Is Spending Big to Build a Lead in the AI Energy Race

A deal to buy wind and solar developer Intersect is the latest in a series of moves that have left Google well prepared for the power crunch facing data centers.

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SpaceX, xAI Tie Up, Forming $1.25 Trillion Company

The merger puts Elon Musk's rocket and artificial-intelligence companies under one roof.

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AMD Reports Earnings Today. Gains From Agentic AI Aren't 'Fully Priced In.'

Management's forecasts for the current quarter may be surprisingly upbeat.

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Nintendo Backs Guidance as Switch 2 Sales Boost Results

The Japanese videogame maker maintained its annual forecasts for Switch 2 sales and net profit even as it reported sharply higher nine-month results.

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China Bans Retractable Door Handles on Cars as Safety Concerns Grow

Some consumers have found the feature, used by Tesla and Chinese EV makers, inconvenient or dangerous during accidents.

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Orsted Sells Onshore Business for $1.7 Billion After Judge Rules U.S. Wind Project Can Resume

The company has been working through a major restructuring that includes a large-scale divestment program to free up funds and shore up its coffers.

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AstraZeneca's Initial Application for Lupus Injection Turned Down by FDA

The company is working with the U.S. regulator to move forward with an updated application, adding a decision is expected in the first half of 2026.

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Akzo Nobel Paints Rosy Profit Picture Ahead of Axalta Tie-Up, Despite Drab Markets

The paint maker eyes improved profitability margins in the coming years as it prepares a $19 billion merger with rival Axalta that could be sewn up by the end of the year.

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Palantir Achieves Another Revenue Record With $1.41 Billion Quarter

The data-analytics company, which has been criticized over its role in the Trump administration's immigration crackdown, posted a profit of $609 million.

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What Oracle Has to Lose From OpenAI and Nvidia's Rocky Relationship

Nvidia's OpenAI pivot puts Oracle's accounting in the spotlight.

 

(END) Dow Jones Newswires

February 03, 2026 07:00 ET (12:00 GMT)

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