Dow Jones Top Company Headlines at 5 PM ET: Broadcom Logs Higher Sales, Authorizes $10 Billion Buyback as AI Demand Climbs | Ford ...

Dow Jones
Mar 05

Broadcom Logs Higher Sales, Authorizes $10 Billion Buyback as AI Demand Climbs

The semiconductor and software maker's revenue rose 29% as AI demand continued to drive sales.

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Ford Posts Lower U.S. Sales in February on Declines in Electric, Hybrid Vehicles

The carmaker said it sold a total of 149,962 vehicles in the U.S. last month, down 5.5% from the prior-year period.

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StubHub Revenue Falls, Swings to Loss

The ticket exchange platform posted a loss of $535.3 million that included a $492.9 million nonrecurring, noncash provision for income taxes during the quarter.

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American Eagle Fourth-Quarter Sales Rise on Aerie Growth

CEO Jay Schottenstein said the company saw higher demand in the quarter due to new collections and marketing campaigns, helping it build on improved trends that began last summer.

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Apple Uses Low Prices to Attack Rivals During Memory-Chip Crunch

Leveraging its supply-chain might, the iPhone giant is making a play for more share in cheaper phone and laptop categories.

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Okta Expects Revenue Growth to Slow in New Fiscal Year

The identity management and security company expects revenue of $749 million to $753 million in the first quarter, below Wall Street estimates of $754.9 million.

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Brown-Forman Says Sales in Developed Markets Still Falling

The Jack Daniel's maker attributed the sales decline to a number of macroeconomic pressures, some of which could persist.

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Bayer Net Loss Widens on Weedkiller Litigation Charges

The agriculture and pharmaceutical company reported a steeper net loss, including a €3.55 billion hit mainly from litigation-related expenses.

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Campari Sees Stable Performance This Year Despite Continued Hit From Tariffs

The Italian distiller set out cautiously positive guidance for a year in which it expects sales and earnings growth to be tempered by trade tariffs and currency effects.

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Abercrombie Expects Slower Sales Growth, Tariff Headwinds in 2026

The clothing company forecast sales to climb 3% to 5% in 2026. The outlook marks a slowdown from the 6.2% increase in sales that Abercrombie logged last year.

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Bath & Body Works Says Strategy Shift Making Progress But 'Will Take Time'

Bath & Body Works reported lower fourth-quarter profit, but said its strategy pivot to refocus on its core products was making progress.

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Gayle King Signs New Deal With CBS News

The 'CBS Mornings' co-host dispelled rumors of a possible departure, staying with the network amid a broader overhaul.

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Adidas Guidance Disappoints; Shares Slide

The company's operating profit guidance for 2026 fell short of analysts' views, with U.S. tariffs and currency headwinds expected to hold back profit growth.

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Nvidia Swears Off an Earnings Crutch, Putting Pressure on Other Tech Companies

The AI chip giant has taken a positive step in how it reports stock-based compensation.

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Why American Frackers Aren't Rushing to Pump More Oil

U.S. shale giants won't budge from their plans, despite the market chaos.

 

(END) Dow Jones Newswires

March 04, 2026 17:00 ET (22:00 GMT)

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