---
title: "Dow Jones Top Company Headlines at 5 PM ET: Google to Pay SpaceX Nearly $1 Billion a Month in Cloud-Computing Deal | Paramount ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288907573.md"
description: "Key headlines include Google paying SpaceX nearly $1 billion monthly for cloud computing, boosting SpaceX's AI revenue ahead of its IPO. Morgan Stanley projects SpaceX's revenue could reach $3.4 trillion by 2040. Other major news: Paramount Skydance launches a new video game studio; Apple aims for AI dominance by modernizing Siri; U.S. officials discuss financial stakes in AI with OpenAI's Sam Altman; Quantinuum stock falls after a lackluster IPO debut; Anthropic urges a pause in AI development due to self-improvement risks; major banks plan a tokenized deposit system to compete with crypto; Walmart adds Subway delivery; Lululemon cuts outlook; and Docusign raises revenue guidance."
datetime: "2026-06-05T21:25:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288907573.md)
  - [en](https://longbridge.com/en/news/288907573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288907573.md)
---

# Dow Jones Top Company Headlines at 5 PM ET: Google to Pay SpaceX Nearly $1 Billion a Month in Cloud-Computing Deal | Paramount ...

Google to Pay SpaceX Nearly $1 Billion a Month in Cloud-Computing Deal

The agreement gives SpaceX a new stream of revenue for its AI business ahead of its IPO.

\----

Paramount Skydance to Launch Videogame Studio

The new Paramount Games Studio will be helmed by Tony Driscoll as president. The studio will roll together Skydance's existing gaming outfits, Skydance Interactive and Skydance New Media.

\----

Apple's Plan for AI Dominance Rests on Fixing Its Much-Maligned Chatbot

The iPhone maker has clear advantages to lead in consumer AI, but only if it can finally modernize Siri.

\----

U.S. Officials Discuss Taking Financial Stakes in AI Industry

The talks have been with artificial-intelligence leaders such as OpenAI CEO Sam Altman, who pitched the idea.

\----

Morgan Stanley Sees SpaceX's Revenue Reaching $3.4 Trillion in 2040

Projections banks shared with top investors show how they are selling the rocket maker's $1.77 trillion valuation.

\----

Quantinuum Stock Falls After Uninspiring Quantum IPO Debut. What Went Wrong?

Quantinuum stock popped in its trading debut. That momentum quickly faded.

\----

Anthropic Urges Global Pause in AI Development, Flags 'Self-Improvement' Risk

The $1 trillion startup warns that artificial-intelligence models are nearing the capability to improve without human intervention.

\----

JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto

The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.

\----

Now You Can Get a Subway Sandwich With Your Walmart Delivery

Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.

\----

Lululemon Cuts Outlook as Headwinds Mount

The athleisure company has coped with negative commentary and disappointing product launches.

\----

FDA Launches Study of Abortion Pill Safety as Opponents Push for Limits

The effort is expected to take about six months, meaning its results would come after the midterm elections.

\----

Stahl, Whitaker, Wertheim Say They Will Stay at '60 Minutes'

The announcement came after new executive producer Nick Bilton acknowledged 'difficult' few days.

\----

Docusign Nudges Revenue Outlook Higher After First-Quarter Profit Rises

The company lifted its previous target by $6 million as demand grows for its AI-native Intelligent Agreement Management platform.

\----

Texas AG Paxton to Probe Whether Celsius Marketed Energy Drinks to Children

The investigation will focus on the Alani Nu line of energy drinks, sold by a Celsius subsidiary.

(END) Dow Jones Newswires

June 05, 2026 17:15 ET (21:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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