--- title: "Dow Jones Top Company Headlines at 7 AM ET: Comcast Plans to Split Into Two, Sending Shares Soaring 25% | BAT ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/291137102.md" description: "Comcast plans a tax-free spinoff of NBCUniversal and Sky, boosting shares 25%. BAT will cut nearly 19% of its workforce. Verizon and BT formed an international connectivity joint venture. Martin Marietta acquired Lhoist North America for $13.5B. Samsung and SK Hynix pledged $520B for Korean chip plants. Prosus targets a $5B buyback. Ant International-backed fintech filed for the Philippines' largest IPO. Micron's profitability is surging due to AI demand." datetime: "2026-06-29T11:26:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291137102.md) - [en](https://longbridge.com/en/news/291137102.md) - [zh-HK](https://longbridge.com/zh-HK/news/291137102.md) generator: "portal-rs" --- # Dow Jones Top Company Headlines at 7 AM ET: Comcast Plans to Split Into Two, Sending Shares Soaring 25% | BAT ... Comcast Plans to Split Into Two, Sending Shares Soaring 25% The company plans to separate through a tax-free spinoff of NBCUniversal and Sky, resulting in two publicly traded entities. ---- BAT to Reduce Workforce by Nearly a Fifth The cigarette maker plans to cut about 5,500 jobs by the end of the year, on top of around 3,500 roles that it moved to outsourcing partners including Accenture. ---- Verizon, Britain's BT to Form International Connectivity Joint Venture The companies agreed to merge their international enterprise operations to provide connectivity services to thousands of clients across several countries. ---- Martin Marietta Strikes $13.5 Billion Deal for Limestone Supplier The purchase of Lhoist North America would be the building-materials supplier's biggest ever. ---- Samsung, SK Hynix to Spend $520 Billion on Chip Plants in South Korea The world's two largest memory-chip makers said their existing investments wouldn't be enough to meet demand, amid a worldwide shortage. ---- Prosus Targets $5 Billion Buyback, More Acquisitions to Drive Growth The tech investor seeks outright acquisitions and purchases of minority stakes to become less reliant on its stake in China's Tencent Holdings. ---- The Cutthroat Battle to Become America's Rare-Earth Champion A fight between two of the U.S.'s biggest rare-earths companies illustrates the stakes behind the effort to loosen China's hold on the sector. ---- He Dared to Buy Senior Housing at Its Lows. Now He Runs a $160 Billion Empire. Welltower's CEO received an enormous pay package for the company's turnaround, which has drawn shareholder backlash. ---- Soitec Shares Climb on Partnership With China's ZenSemi The semiconductor-materials maker said it would work with ZenSemi on advanced chip-making technology for AI data centers, humanoid robots, electric vehicles and industrial equipment. ---- Ant International-Backed Fintech Unicorn Files for Philippines' Largest-Ever IPO A Philippine fintech unicorn backed by Ant International is planning to raise up to $1.5 billion in an initial public offering that, if successful, would be the country's largest-ever listing. ---- Qualcomm Showed Up Late to the Data Center Game, but Came Ready to Play Qualcomm aims to diversify beyond smartphones, targeting non-smartphone chips to be one-third of sales by 2029. ---- The AI Startup Challenging Tesla and Waymo in the Race to Automate Driving Wayve is emerging as a go-to partner for traditional automakers trying to keep up with Silicon Valley. ---- The Taser CEO Who Says AI Is the Future of Policing Taser and body-cam king Rick Smith is betting Axon's dominance-and his own pay package-on his tech-driven vision. ---- Micron is about to be more profitable than any U.S. company except Nvidia and Google Big Tech companies are willing to pay astronomical prices for AI memory components, helping spark a dramatic turnaround in Micron's finances. (END) Dow Jones Newswires June 29, 2026 07:15 ET (11:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [BATS.UK](https://longbridge.com/en/quote/BATS.UK.md) - [PROSY.US](https://longbridge.com/en/quote/PROSY.US.md) - [BTI.US](https://longbridge.com/en/quote/BTI.US.md) - [CMCSA.US](https://longbridge.com/en/quote/CMCSA.US.md) - [CCZ.US](https://longbridge.com/en/quote/CCZ.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [VZ.US](https://longbridge.com/en/quote/VZ.US.md) - [MLM.US](https://longbridge.com/en/quote/MLM.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [1313.JP](https://longbridge.com/en/quote/1313.JP.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [ACN.US](https://longbridge.com/en/quote/ACN.US.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [WELL.US](https://longbridge.com/en/quote/WELL.US.md) - [QCOM.US](https://longbridge.com/en/quote/QCOM.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [AXON.US](https://longbridge.com/en/quote/AXON.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [CMCSV.US](https://longbridge.com/en/quote/CMCSV.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) - [PROSF.US](https://longbridge.com/en/quote/PROSF.US.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Micron Stock Faces Tight Supply as AI Demand Accelerates](https://longbridge.com/en/news/297191357.md) - [Harbor Island Capital LLC Grows Position in Comcast Corporation $CMCSA](https://longbridge.com/en/news/297753230.md) - [Comcast announces availability of 2026 Impact Report](https://longbridge.com/en/news/297732901.md) - [Comcast Breaks Ground to Expand High-Speed Internet to Kamas and Francis, Utah | CMCSA Stock News](https://longbridge.com/en/news/297203094.md) - [Micron's Taiwan unions threaten strike over bonus dispute](https://longbridge.com/en/news/297617714.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**