--- title: "Dow Jones Top Company Headlines at 9 PM ET: Coke Takes on IRS With $20 Billion at Stake | SoftBank-Backed ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/290369489.md" description: "Coca-Cola faces a $20 billion tax dispute with the IRS. SoftBank-backed Coowa prepares for a Hong Kong IPO with a valuation over $3 billion. Hollywood box office rebounds, aided by Disney's 'Toy Story 5'. Spirit Airlines' exit boosts bus competitors like Flixbus. Micron reports massive profit growth. Intel hires former SK Hynix CEO. Jio Platforms seeks an Indian listing. ASML shares drop on US-China tech concerns. Google develops rival AI chips using Nvidia's strategy." datetime: "2026-06-22T01:24:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290369489.md) - [en](https://longbridge.com/en/news/290369489.md) - [zh-HK](https://longbridge.com/zh-HK/news/290369489.md) generator: "portal-rs" --- # Dow Jones Top Company Headlines at 9 PM ET: Coke Takes on IRS With $20 Billion at Stake | SoftBank-Backed ... Coke Takes on IRS With $20 Billion at Stake In a tax fight over foreign profits, the multinational giant and the U.S. head to court this week. ---- SoftBank-Backed Robot Maker Gears Up for Hong Kong IPO Coowa's valuation stood at more than $3 billion after it raised more than $600 million in its latest funding round, people familiar with the matter said. ---- Hollywood Is Having Its Best Box Office Since Before the Pandemic A boom year was accelerated by a franchise-best opening weekend for Disney's "Toy Story 5." ---- They Can't Fly Spirit Anymore, So They're Taking the Bus Instead Now that budget air carrier Spirit is gone, bus companies like Flixbus and Greyhound are expanding service and upgrading vehicles for travelers seeking low-cost travel options. ---- Micron's earnings are a must-watch market event - with profit growth approaching 1,000% Micron's massive growth is "coming at nearly pure profit," and that's starting to have real implications for the S&P 500. ---- Why Back-to-School Deals Are Already Here As shoppers spread out spending to manage their budgets, more retailers are promoting deals with summer sales, such as Amazon's Prime Day. ---- The $13 Billion AI Startup Betting on Cheaper Alternatives to OpenAI, Anthropic Baseten, part of a growing Silicon Valley ecosystem offering services to enable low-cost AI models, is raising $1.5 billion in a new round. ---- Secretive Wall Street Powerhouse Jane Street Seizes the AI Spotlight The firm has surged from a handful of staffers to 3,500 with plans to recruit more than 500 employees this year. ---- Why Intel Hired the Former CEO of Micron's Big Rival SK Hynix Intel stock has risen sharply on excitement over its chip-manufacturing plans and a new hire could provide a further boost. ---- Charles Schwab Breaks Into the Prediction Market Business The brokerage is working with Cboe to offer yes-or-no contracts tied to the performance of the S&P 500 index. ---- ASML Shares Slip on Report of U.S. Concern That China Has Its Tech The Trump administration expressed concern that one of the Dutch company's high-end lithography machines was being used in China-despite export restrictions. ---- Reliance's Jio Platforms to Seek India Listing Jio Platforms will file for an initial public offering in India, according to parent company Reliance Industries Chairman Mukesh Ambani. ---- 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. (END) Dow Jones Newswires June 21, 2026 21:15 ET (01:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [ASML.US](https://longbridge.com/en/quote/ASML.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md) - [SAVEQ.US](https://longbridge.com/en/quote/SAVEQ.US.md) - [KO.US](https://longbridge.com/en/quote/KO.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [DIS.US](https://longbridge.com/en/quote/DIS.US.md) - [COKE.US](https://longbridge.com/en/quote/COKE.US.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [DISO.US](https://longbridge.com/en/quote/DISO.US.md) - [ASMG.US](https://longbridge.com/en/quote/ASMG.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [ASMU.US](https://longbridge.com/en/quote/ASMU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) ## Related News & Research - [Is Coca-Cola’s Q2 Beat And Upgraded Outlook Altering The Investment Case For KO?](https://longbridge.com/en/news/297406357.md) - [Two Sigma Securities LLC Cuts Stake in CocaCola Company (The) $KO](https://longbridge.com/en/news/297889156.md) - [CocaCola Company (The) $KO Position Reduced by Firestone Capital Management](https://longbridge.com/en/news/297754087.md) - [7,400 Shares in Coca-Cola Consolidated, Inc. $COKE Bought by Kimelman & Baird LLC](https://longbridge.com/en/news/297400379.md) - [BNP Paribas Cuts Stock Position in CocaCola Company (The) $KO](https://longbridge.com/en/news/297395061.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**