---
title: "Dow Jones Top Company Headlines at 7 PM ET: Charter Gets Final State Approval for $21.9 Billion Cox Deal | Applied ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295858443.md"
description: "Charter Communications secured final state approval for its $21.9 billion acquisition of Cox, while Reddit's inclusion in the S&P 500 drove an 11% stock jump. Applied Materials saw shares fall despite strong earnings, and OpenAI's CRO resigned. In other news, Lenovo reported record revenue, Maersk raised guidance on higher freight rates, and Accelerant agreed to a $4.4 billion buyout by Thoma Bravo."
datetime: "2026-08-13T23:30:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295858443.md)
  - [en](https://longbridge.com/en/news/295858443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295858443.md)
generator: "portal-rs"
---

# Dow Jones Top Company Headlines at 7 PM ET: Charter Gets Final State Approval for $21.9 Billion Cox Deal | Applied ...

Charter Gets Final State Approval for $21.9 Billion Cox Deal

Cable and broadband providers have received regulatory clearance from California after agreeing to some concessions on affordability. 

---- 

Applied Materials Stock Falls After Earnings Weren't Quite Good Enough 

Applied Materials reports better-than-expected earnings for its fiscal third quarter, but investors aren't impressed. 

---- 

OpenAI Chief Revenue Officer to Depart After Less Than a Year 

OpenAI said Denise Dresser will be stepping down to pursue other opportunities. 

---- 

Tyson Foods to Exit More Beef Plants, With Cattle in Short Supply 

U.S. meatpacking companies have been squeezed by a shortage of cattle with domestic supplies falling to their lowest level in 75 years. 

---- 

Apple Showcases Texas Mac Mini Factory, New Manufacturing School 

In one of his last public appearances as CEO, Tim Cook offered Commerce Secretary Howard Lutnick a tour of a facility meant to highlight its investments in U.S. supply chains. 

---- 

Reddit Will Join the S&P 500. The Stock Jumps 11%. 

The social media platform will replace AvalonBay Communities before the market opens on Tuesday. 

---- 

World Cup Ticket Fiasco Erases StubHub Profits, Sending Stock Down 

Revenue surged but so did expenses as the ticket reseller dealt with customer complaints and refunds. 

---- 

Bill Ackman Calls His New Fund's Slumping Stock Price 'Frankly Absurd' 

The billionaire investor's portfolio has trailed the broader market since he took the fund, Pershing Square USA, and his firm public in April. 

---- 

Tapestry Investors Wonder How Long Coach Can Excel 

Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year. 

---- 

Sandisk Defies Memory Market Slowdown Concerns with Bold 2030 Targets 

Sandisk expects adjusted gross margins to remain at around 80% through 2030 as demand for memory continues to outstrip supply. 

---- 

Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet 

The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil. 

---- 

Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise 

Stock rose after the shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia. 

---- 

Flock to Add Safeguards to AI Surveillance Tools After Backlash 

The surveillance-technology company has faced criticism over the risks of police abuse of its AI-enabled camera system. 

---- 

Accelerant to Go Private in $4.4B Deal with Thoma Bravo 

The data-driven risk exchange agreed to go private in a deal with private-equity firm Thoma Bravo worth more than $4 billion. 

---- 

Lenovo Posts Record Revenue, Expects to Hit $100 Billion Goal This Year 

Lenovo Group kicked off its fiscal year on a strong note with record-high revenue thanks to robust artificial-intelligence infrastructure demand and its resilient personal-computer business. 

---- 

Hapag-Lloyd Earnings Recover on Strong Asia Exports 

The earnings growth comes after operational disruptions weighed on the first quarter, and was mainly driven by robust exports out of Asia and better U.S. demand. 

(END) Dow Jones Newswires

August 13, 2026 19:15 ET (23:15 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.**