Dow Jones Top Company Headlines at 7 PM ET: Broadcom Third-Quarter Profit Soars on Growing Custom Chip Demand | Google ...

Broadcom Third-Quarter Profit Soars on Growing Custom Chip Demand

Broadcom more than tripled its profit and nearly doubled its revenue in the third quarter, as the company said demand for its custom semiconductors should continue growing for the next two years.

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Google Avoids Breakup of Dominant Ad Business

A federal judge ordered an end to practices that depress ad rates for web publishers, but declined to order a divestiture of Google's ad exchange.

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U.S. Government Backs OpenAI in Copyright Fight With Publishers

Trump administration officials said in a court filing that limiting AI companies' ability to train on content creates national security concerns.

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Chevron to Invest $7 Billion in Venezuela, Doubling Production

Other oil-and-gas companies, including Italian giant ENI and smaller U.S. players Primavera and Aspect Holdings, signed production deals as well.

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Snowflake's stock soars as the company blows away estimates with its AI-fueled forecast

Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth.

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HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter Profit

HPE lifted its long-term growth targets after revenue gains across both of its segments drove a more than fivefold increase in its profit during the third quarter.

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Mac-and-Cheese Disruptor Goodles to Be Acquired by Barilla

The maker of flavors like Here Comes Truffle will remain as a stand-alone brand within Barilla Group.

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Five Below Raises Outlook as Sales Gain

The value retailer said it now expects sales of $5.63 billion to $5.71 billion for the year, up from its prior forecast of $5.4 billion to $5.48 billion.

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PVH Second-Quarter Revenue Falls on Pressure From Iran War

The owner of Tommy Hilfiger and Calvin Klein reported a second-quarter loss of $102.9 million, compared with a profit of $224.2 million a year earlier.

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Microsoft to Change Reporting Structure to Reflect Effects of AI

Microsoft is changing its reporting structure from three segments to two-Agents and Infra, and Devices and Consumer.

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Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy Varonis

Shares of the cybersecurity firm, which had a market value of around $5 billion, jumped on news of the discussions.

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Uber's $15 Billion Takeover Bid Gets Delivery Hero Board Backing

The German delivery company said its management and supervisory boards had independently reviewed the U.S. giant's offer.

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AIG's Zaffino Stepping Down as Chairman, Joining Palantir

Peter Zaffino, who earlier this year retired as AIG's chief executive, will join Palantir as global head of financial services.

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Brown-Forman Quarterly Sales Slip on Tequila Slowdown

The whiskey giant's earnings per share outpace analysts' expectations; the company has contended with sluggish spirits market.

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BP Names Replacement for Chairman Ousted Over Bullying Concerns

Interim chairman Ian Tyler will take the role permanently, making him the company's third chair in less than a year.

(END) Dow Jones Newswires

September 02, 2026 19:00 ET (23:00 GMT)