---
title: "Dow Jones Top Company Headlines at 5 AM ET: Microsoft's Satya Nadella: We Can't Let AI Giants Eat the Economy | The ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290411888.md"
description: "Microsoft CEO Satya Nadella warns against AI monopolies dominating the economy. Hong Kong's IPO market sees unusual entries like a caviar producer and SoftBank-backed robot maker Gears Up for listing. P&G launches new Tide, while Coke faces IRS in a $20B tax dispute. Micron reports massive profit growth, and Intel hires former SK Hynix CEO. Other highlights include Spirit Airlines' decline boosting bus travel, Baseten raising funds for cheaper AI alternatives, and Google building rival AI chips using Nvidia's strategy."
datetime: "2026-06-22T09:19:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290411888.md)
  - [en](https://longbridge.com/en/news/290411888.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290411888.md)
generator: "portal-rs"
---

# Dow Jones Top Company Headlines at 5 AM ET: Microsoft's Satya Nadella: We Can't Let AI Giants Eat the Economy | The ...

Microsoft's Satya Nadella: We Can't Let AI Giants Eat the Economy

Microsoft's CEO offers a blistering critique of the AI power balance and calls for earning society's permission. 

---- 

The World's Caviar King Wants to Cash in on Hong Kong's Listing Frenzy 

Hong Kong's red-hot initial public offering market has raised hundreds of billions for China's high-growth technology and industrial champions over the past year. There's now an unusual addition to the listing frenzy: the world's largest producer of caviar. 

---- 

Tide Already Dominates Detergent. Why Is P&G Pushing a New Version? 

Researchers and developers believed they could improve the company's crown jewel-and sell consumers on a laundry 'tile.' 

---- 

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. 

---- 

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. 

---- 

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 22, 2026 05:15 ET (09:15 GMT)

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

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**