Dow Jones Top Company Headlines at 3 AM ET: Telefonica to Meet Guidance After Net Loss Narrows | Burberry ...
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Telefonica is on track to meet full-year expectations after a narrower net loss and higher revenue. Burberry's sales rose 5% amid a turnaround plan. Cisco plans to restructure, costing up to $1 billion. StubHub reported a profit due to strong ticket demand. Cerebras Systems aims to raise $5.55 billion in the largest U.S. IPO this year. Fervo Energy's shares soared in its trading debut. Amazon is replacing Rufus with Alexa for Shopping. Rivian's robotics company raised $400 million. McDonald's is naming a stadium in Chicago, and Equinox and Orla are merging to create an $18.5 billion gold miner.
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