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Dow Jones Top Company Headlines at 11 PM ET: OpenAI's Head of Data Centers Has Left the Company | Anthropic ...

Dow Jones Top Company Headlines at 11 PM ET: OpenAI's Head of Data Centers Has Left the Company | Anthropic ...

Dow JonesDow Jones2026/08/26 03:00
By:Dow Jones

OpenAI's Head of Data Centers Has Left the Company

Chris Malone joins a string of recent high-level executive departures as the AI giant heads toward an IPO and ramps up its spending on computing power.

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Anthropic Expected to Tell Investors It Sees Over $30 Trillion in Potential Revenue

The AI startup is likely to top SpaceX's eye-popping potential revenue estimate.

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Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies

The Trump administration has been probing major U.S. companies under a novel use of a federal law meant to police federal contractors.

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California Attorney General Ramps Up Criticism of Paramount

Rob Bonta said Paramount is more focused on the "court of public opinion" than the court of law in the Warner merger fight.

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Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users

The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a lower profit in its latest quarter.

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How GLP-1 Sales Could Play Out for Hims & Hers

Hims & Hers Health is shifting its core weight-loss business from compounded GLP-1 drug sales to branded versions of the medications.

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Zoom Communications Revenue Rises on Enterprise Growth

The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current quarter came in short of Wall Street's forecast.

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Starbucks Union Calls for Boycott in Latest Test of Company Turnaround

Starbucks Workers United is seeking a contract agreement. For investors, the key question is whether the boycott move will affect customer behavior at a meaningful scale.

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Summer Blockbusters Are Filling Movie Theaters. The Stocks Are the Stars.

AMC Entertainment, Cinemark, Marcus, and IMAX are notching record crowds and sales.

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Dick's Sporting Goods Bet Big on Sneakers With Foot Locker. It Backfired.

Shares tumbled after the retailer revealed footwear discounts are sapping profits. The chairman defended a $2.4 billion deal for the sneaker chain.

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Nike Stock Pays the Price for Dick's Earnings Wipeout

Nike stock declined along with other footwear brands after Dick's Sporting Goods missed earnings expectations.

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United Airlines Ups Its Bet on Instagrammable International Destinations

Robust travel demand from Americans is helping fuel new routes like Marseille and Ibiza.

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Bank of Montreal Plans to Buy Back Shares After Strong Quarter

The big Canadian lender benefited from double-digit revenue growth and an improved credit performance in its fiscal third quarter, with the lowest provision on impaired loans in the last 10 quarters, though its bottom line was squeezed by one-time charges for its exit from certain businesses.

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Scotiabank Earnings Lifted by Record Result in Wealth Management

Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.

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OnlyFans Paid $700 Million Dividend to Founder Year Before He Died

The online platform, widely known for its explicit content, was a reliable cash machine despite employing fewer than 50 people.

(END) Dow Jones Newswires

August 25, 2026 23:00 ET (03:00 GMT)

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