--- title: "Dow Jones Top Company Headlines at 1 AM ET: Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business | Why ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/290268912.md" description: "Google is leveraging its financial strength to build a rival AI chip business, mirroring Nvidia's strategy. Meanwhile, Apple faces challenges in the memory market due to the AI boom. Chinese autonomous-driving firm Momenta targets a $1B Hong Kong IPO with a $9B valuation. SpaceX received stable credit ratings from major agencies. Accenture shares dropped 18% on lowered revenue guidance. Moderna's flu vaccine advisory committee recommended approval. Take-Two Interactive announced GTA VI preorders start June 25. CME sued to block Kalshi's 'perp' futures. Reformation prepares for an IPO. BHP flagged a $2.3B potash write-down. Kroger reported costs outpacing sales. Waymo recalled over 3,800 robotaxis due to construction zone navigation issues. Private credit withdrawals are expected to persist." datetime: "2026-06-19T05:24:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290268912.md) - [en](https://longbridge.com/en/news/290268912.md) - [zh-HK](https://longbridge.com/zh-HK/news/290268912.md) --- # Dow Jones Top Company Headlines at 1 AM ET: Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business | Why ... Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business Wielding its war chest to win data-center customers for its silicon, the world's second-biggest company is taking a page from No. 1. \---- Why Apple's War Chest Can't Win the Memory War The iPhone maker's clout as a buyer has taken a major hit from the AI boom. \---- Chinese Autonomous-Driving Unicorn Targets $1 Billion Hong Kong IPO Chinese autonomous-driving company Momenta's valuation has reached around $9 billion as it gears up to list in Hong Kong, people familiar with the matter said. \---- SpaceX's Strength in Space, Connectivity Supports Initial Credit Ratings, Firms Say S&P Global Ratings, Moody's Ratings and Fitch Ratings also noted risks tied to the company's capital needs and nascent AI business, and gave it a stable outlook. \---- Accenture Takes a Hit on Worsening Outlook and Cloudy AI Future Shares dropped 18% as its CEO said the IT consulting firm will bring in less revenue than expected in coming months. \---- FDA Votes in Favor of Benefit-Risk Profile for Moderna's Flu Vaccine Moderna said an advisory committee voted unanimously that the benefits of the vaccine, mRNA-1010, exceed the risks for the prevention of flu in adults 50 through 64 years old, and in adults 65 and older. \---- Grand Theft Auto VI Preorders to Begin June 25 Take-Two Interactive Software said preorders for its hotly anticipated Grand Theft Auto VI begin June 25 on digital storefronts and at select retailers. \---- CME Sues U.S. Regulator to Stop Kalshi From Offering Popular 'Perp' Futures The CFTC recently greenlighted Kalshi's plan to list perps in the U.S. CME, the dominant derivatives exchange, argued the regulator violated federal law. \---- Celebrity-Favorite Retailer Reformation Prepares for Summer IPO Taylor Swift and Meghan Markle helped make Reformation famous. \---- BHP Flags $2.3 Billion Potash Write-Down as Costs Rise The miner expects another cost overrun on a Canadian mine that is set to become one of the biggest sources of the fertilizer ingredient globally. \---- Kroger Seeing Costs Outrun Sales Growth The grocery chain said costs are climbing as the company spends more to increase store hours, improve employee training and outfit workers with new uniforms. \---- Waymo Recalling More Than 3,800 Robotaxis Over Risk of Entering Construction Zones The self-driving car company, is recalling certain fifth-generation automated driving systems after a number of events in which its cars didn't recognize and drove past ramp-closure signs into pre-planned freeway construction zones. \---- Even More Investors Want Out of Private Credit Analysts expect high withdrawals to last more than a year, increasing the risk of forced liquidations. (END) Dow Jones Newswires June 19, 2026 01:15 ET (05:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [TTWO.US](https://longbridge.com/en/quote/TTWO.US.md) - [ACN.US](https://longbridge.com/en/quote/ACN.US.md) - [BHP.AU](https://longbridge.com/en/quote/BHP.AU.md) - [MRNA.US](https://longbridge.com/en/quote/MRNA.US.md) - [KR.US](https://longbridge.com/en/quote/KR.US.md) - [BHP.US](https://longbridge.com/en/quote/BHP.US.md) - [BHP.UK](https://longbridge.com/en/quote/BHP.UK.md) - [CME.US](https://longbridge.com/en/quote/CME.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md) - [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md) - [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md) - [SNK.US](https://longbridge.com/en/quote/SNK.US.md) - [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md) - [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md) - [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md) - [MRNX.US](https://longbridge.com/en/quote/MRNX.US.md) - [MRNY.US](https://longbridge.com/en/quote/MRNY.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [SPGI.US](https://longbridge.com/en/quote/SPGI.US.md) - [MCO.US](https://longbridge.com/en/quote/MCO.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [BHPLF.US](https://longbridge.com/en/quote/BHPLF.US.md) ## Related News & Research - [SpaceX just suffered its first-ever losing streak](https://longbridge.com/en/news/290249892.md) - [Accenture CEO Julie Sweet says AI transformation will 'take some time' as stock price takes another hit](https://longbridge.com/en/news/290244933.md) - [Accenture just had its worst day in years. 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