Dow Jones Top Company Headlines at 7 PM ET: OpenAI's New Fundraising Round Could Value Startup at as Much as $830 Billion | Meta ...

MorningStar
2025.12.19 00:20
portai
I'm PortAI, I can summarize articles.

OpenAI's new fundraising round could value the startup at $830 billion amid AI bubble concerns. Meta is developing AI models 'Mango' and 'Avocado'. Nike's sales rise in Q2, but China remains weak. FedEx raises revenue outlook as package volumes increase. KB Home's profit narrows due to housing market stagnation. Scholastic's profit grows on back-to-school revenue. Cannabis stocks fall as Trump reschedules marijuana. Instacart to pay $60M for deceptive practices. Elliott considers IPO for Barnes & Noble, Waterstones. Trump Media to merge with TAE Technologies in a $6B deal. Novo Nordisk seeks FDA approval for obesity drug CagriSema. Hogan Lovells and Cadwalader to merge, creating a $3.6B law firm. A cyber startup aims to counter AI threats. Ben & Jerry's board members accuse Magnum of ousting attempts. BP's new CEO is Meg O'Neill, an American oil and gas defender.