Dow Jones Top Company Headlines at 7 AM ET: Oracle Shares Tumble Amid Pricey Data-Center Build-Out | Hugo ...

MorningStar
2026.06.11 11:21
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Oracle shares fell despite strong cloud revenue growth. Hugo Boss stock rose on a €1.98 billion takeover bid from Frasers Group. Anthropic faced backlash over AI model restrictions, while OpenAI considers price cuts amid competition. Wizz Air withheld guidance due to Middle East tensions. South Korea fined Coupang $410 million for data breaches. Parabilis Medicines had a record IPO debut. DCC accepted KKR's revised $7.6 billion offer. Cracker Barrel CEO saved her job with a new strategy, boosting shares. UAW reached a tentative deal ending a GM truck supplier strike.