--- title: "Dow Jones Top Company Headlines at 3 AM ET: Telefonica to Meet Guidance After Net Loss Narrows | Burberry ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/286375841.md" description: "Telefonica is on track to meet full-year expectations after a narrower net loss and higher revenue. Burberry's sales rose 5% amid a turnaround plan. Cisco plans to restructure, costing up to $1 billion. StubHub reported a profit due to strong ticket demand. Cerebras Systems aims to raise $5.55 billion in the largest U.S. IPO this year. Fervo Energy's shares soared in its trading debut. Amazon is replacing Rufus with Alexa for Shopping. Rivian's robotics company raised $400 million. McDonald's is naming a stadium in Chicago, and Equinox and Orla are merging to create an $18.5 billion gold miner." datetime: "2026-05-14T07:25:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286375841.md) - [en](https://longbridge.com/en/news/286375841.md) - [zh-HK](https://longbridge.com/zh-HK/news/286375841.md) --- # Dow Jones Top Company Headlines at 3 AM ET: Telefonica to Meet Guidance After Net Loss Narrows | Burberry ... Telefonica to Meet Guidance After Net Loss Narrows The telecommunications group said it is on track to meet its full-year expectations after reporting a narrower net loss and higher revenue in the first quarter. \---- Burberry Posts Higher Sales as Turnaround Efforts Take Effect Sales climbed 5% as it continues to undergo a turnaround plan amid difficult market conditions due to geopolitical instability. \---- Cisco to Shed Jobs for All-In AI Push The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs. \---- StubHub Swings to First-Quarter Profit as Sales Climb on Ticket Demand Chief Executive Eric Baker said trends in the live events and secondary ticketing markets remain healthy, with strong consumer demand and a robust event calendar this year. \---- Cerebras Systems to Raise $5.55 Billion in Year's Largest U.S. IPO So Far The company, which is backed by OpenAI's Sam Altman, priced its upsized offering of 30 million shares at $185.00 a share. \---- Geothermal-Champion Fervo Energy's Shares Soar in Trading Debut The IPO values the energy company, backed by Bill Gates and Google, at about $7.7 billion. \---- Amazon Ditches Rufus for New AI Shopping Assistant Amazon is replacing Rufus with Alexa for Shopping as the company pushes further into agentic AI commerce. \---- Rivian CEO's Robotics Company Raises $400 Million The funding for the AI-powered industrial robot project now exceeds $1 billion. \---- Famed Merops Drone Interceptor to Be Made in Europe The maker of Merops, the drone interceptor battle-tested in Ukraine and Iran, struck a deal to manufacture its product in Germany, in the latest move by Europe to capitalize on Ukrainian-related defense technology. \---- McDonald's Is Recommitting to Chicago In a Stadium-Naming Deal The new Chicago Fire soccer stadium will be called McDonald's Park and is expected to open in 2028. \---- Equinox, Orla Agree to Form $18.5 Billion Gold Major Equinox Gold and Orla Mining agreed to combine in a deal that would create a new $18.5 billion North American gold miner. \---- Alibaba Profitability Remains Under Pressure The tech giant has continued to invest heavily in artificial intelligence and fend off intense competition in the food-delivery space. \---- Nissan Targets Return to Profit After Restructuring Drive The Japanese carmaker forecasts a return to net profit this fiscal year after reporting its seventh straight quarterly net loss. \---- Tencent's Core Businesses Help Cushion Burden of Intensified AI Push Tencent Holdings extended its streak of double-digit profit growth in the first quarter. (END) Dow Jones Newswires May 14, 2026 03:15 ET (07:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [TEF.US](https://longbridge.com/en/quote/TEF.US.md) - [BURBY.US](https://longbridge.com/en/quote/BURBY.US.md) ## Related News & Research - [Amazon’s new Alexa+ powered feature can generate podcast episodes](https://longbridge.com/en/news/286790687.md) - [Amazon’s Panos Panay addresses new Fire phone rumors](https://longbridge.com/en/news/286225936.md) - [Bank of America Stadium Reports Efficient Game-Day Operations Using Evolv Technology | EVLV Stock News](https://longbridge.com/en/news/286257215.md) - [Telefonica confirms 2026 guidance as first-quarter results meet expectations](https://longbridge.com/en/news/286368118.md) - [Amazon.com Adds AI-Powered Alexa Responses to Shopping Search Bar](https://longbridge.com/en/news/286329275.md)