Dow Jones Top Company Headlines at 11 am ET: Verizon Seeks Opportunities from AI Boom as Turnaround Continues | Novo ...

Dow Jones
Jul 24

Verizon Seeks Opportunities From AI Boom as Turnaround Continues

The mobile carrier's profit slid due to costs associated with the BT Group joint venture.

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Novo Nordisk Seeks Injunction Against Eli Lilly in Dispute Over Weight-Loss Ads

Novo Nordisk is asking a U.S. court to preliminarily halt rival Eli Lilly from advertising weight-loss drugs, days after accusing the Indianapolis drugmaker of using deceptive ads.

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American Express Sales, Profit Rise on Higher Card Member Spending

The credit-card company posted higher sales and profit in the second quarter, thanks to higher spending among its credit card members.

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Charter Revenue Declines Again as Subscriber Slide Continues

Competition from fixed wireless and fiber connection services has been eating into the company's home-internet subscriber base.

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SLB Posts Higher Revenue on Offshore Activity, Data-Center Demand

SLB logged higher revenue in the second quarter, as higher offshore activity and strong demand across its quickly growing data-center business helped to offset continued disruptions across the Middle East.

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EU Says TikTok Accounts for Minors Might Breach Bloc's Digital Rules

The European Commission provisionally found TikTok's rules for minors' accounts didn't meet its bloc's safety standards.

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Booz Allen Profit, Revenue Falls Despite Accelerating Demand

Booz Allen Hamilton reported lower fiscal first-quarter profit and revenue, but the company maintained its outlook and said it is seeing accelerating demand across parts of the business.

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Lamb Weston Posts Higher Sales on North America Growth

The french-fry maker logged higher sales in its fiscal fourth quarter, as volume growth in North America helped offset continued cost inflation and geopolitical volatility, which weighed on international sales.

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Canadian National Railway Raises 2026 Volume Outlook

The Canadian railroad boosted its full-year outlook, citing firmer freight demand and shifting economic conditions, after posting higher profit and revenue in the second quarter.

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Reckitt to Offload Sanctions-Hit Russian Hygiene Business

The deal with Russia's Arnest Management is expected to complete during the second half of 2026. The British company will retain ownership of its Russian health business.

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SAP Shares Jump After Strong Quarter Reassures Investors of Cloud Business Resilience

Shares climbed after the group logged strong revenue figures, reassuring investors that growth at its cloud business remained healthy despite fears of AI disruption.

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Trump Lawsuits, Justice Department Subpoenas Squeeze News Outlets

Lawyers say threats to press freedom are growing-as are costs to defend reporters.

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Volkswagen Cuts Sales and Delivery Forecasts as Challenges Mount

The automaker expects deliveries to fall and for sales this year to be flat or decline 3%, after having previously guided for flat to 3% growth.

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CATL Profit Climbs on Surging Demand for Energy-Storage Batteries

The world's largest battery maker reported sharply higher profit as booming demand for energy-storage systems and resilient EV battery sales offset weakening appetite for EVs in China.

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Big Banks Are Wading Back Into Commercial Real-Estate Lending

Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults.

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Nike's Sneakerhead Market Share Is Slipping. That's Good for Its Stock.

Losses to Asics are offset by gains in the more durable performance category.

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HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion

HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.

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Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings

The company plans to submit a new application for a national trust bank charter under the framework of the Genius Act

 

(END) Dow Jones Newswires

July 24, 2026 11:00 ET (15:00 GMT)

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