--- title: "Dow Jones Top Company Headlines at 3 PM ET: Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion | Fox ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/285985266.md" description: "Cerebras Systems plans to boost its IPO price, aiming to raise $4.8 billion by offering 30 million shares at $150 to $160 each. Other notable news includes Fox acquiring two more NFL games, Aramco's warning about oil supply losses, KKR's $560 million loss in a private-credit fund, and Sony's deal to buy a music catalog. Additionally, Dream Finders Homes bids $704 million for Beazer Homes, and SoftBank launches a battery venture in Japan." datetime: "2026-05-11T19:22:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285985266.md) - [en](https://longbridge.com/en/news/285985266.md) - [zh-HK](https://longbridge.com/zh-HK/news/285985266.md) --- # Dow Jones Top Company Headlines at 3 PM ET: Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion | Fox ... Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion Cerebras Systems said it will offer 30 million shares in its planned initial public offering at a price of $150 to $160 a share, up from its previous plan to offer 28 million shares at a price of $115 to $125 a share. \---- Fox Picks Up Two More NFL Games for Next Season Advertising revenue for the company declined in the fiscal third quarter, largely due to not having rights to the Super Bowl. \---- Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed Saudi Aramco Chief Executive Amin Nasser added that the market has already lost about 1 billion barrels of oil supply during the crisis. \---- KKR Private-Credit Fund Takes $560 Million Loss The firm will invest $300 million in an effort to bolster the fund as loan defaults climb. \---- Moderna Stock Loses Steam. Hantavirus Trade Fizzles As Officials Dismiss Pandemic Risk. Inovio Pharmaceuticals and Novavax stocks pare back earlier gains as the rally loses enthusiasm. \---- Sony, GIC Venture Strikes Deal to Buy Recognition Music Catalog From Blackstone The deal will give Sony Music Publishing ownership of works performed by Beyonce, Lady Gaga, Journey, Red Hot Chili Peppers and others. \---- Apollo Strikes Deals for Two Live-Events Businesses The investment firm is set to buy Emerald Holding and Questex with plans to combine them. \---- Mosaic Pulls Guidance, Cuts Spending as Fertilizer Costs Surge The fertilizer company is curtailing some production, cutting capital spending and reassessing operating plans as prices for key ingredients continue to climb. \---- Dream Finders Homes Bids to Acquire Beazer Homes for $704 Million Dream Finders Homes submitted a bid last week to acquire Beazer Homes USA for about $704 million. \---- Germany's Rheinmetall and Deutsche Telekom to Develop Drone Defense Shield The companies said threats from sabotage and drone activity were increasing and agreed to develop technology to counter potential attacks on critical infrastructure in Germany. \---- SoftBank Launches Japan Battery Venture Amid AI Hardware Push SoftBank Group's telecommunications arm will build large-scale battery cells and storage systems in partnership with Cosmos Lab and DeltaX Co. \---- The Next Frontier for Hantavirus: Finding Vaccines and Treatments Some promising candidates are sitting on the shelf, awaiting funds before human tests. \---- AI's Next Phase Plays Into TSMC's Hands With a supply squeeze deepening, Taiwan's chip-making juggernaut stands to gain. \---- New Vanguard Hire Highlights Bond-Picking Push The low-cost investment manager has nabbed a portfolio manager from Morgan Stanley while it builds out active funds to challenge incumbents like Pimco. \---- Circle Internet Stock Rockets After Earnings. The Stablecoin Company Is Betting on AI. Circle is the issuer of USDC, a so-called stablecoin whose value is pegged to the dollar and backed by reserves such as Treasuries. (END) Dow Jones Newswires May 11, 2026 15:15 ET (19:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [BZH.US](https://longbridge.com/en/quote/BZH.US.md) - [FOX.US](https://longbridge.com/en/quote/FOX.US.md) ## Related News & Research - [Beazer Homes Redefines Housing Affordability by Lowering the Total Cost of Homeownership | BZH Stock News](https://longbridge.com/en/news/286912522.md) - [Spurned Murdoch son plots own journalism empire](https://longbridge.com/en/news/287103071.md) - [IPL 2026 playoffs: How many points RR need to secure top-four finish?](https://longbridge.com/en/news/286940697.md) - [Scripps National Spelling Bee welcomes 247 spellers as it returns to Washington, D.C. | SSP Stock News](https://longbridge.com/en/news/286425420.md) - [05:20 ETThrough the America's Most Artistic Kid Competition, Colossal Raises $1.6 Million While Celebrating the Next Gen of Creative Visionaries](https://longbridge.com/en/news/287037755.md)