---
title: "Dow Jones Top Company Headlines at 11 PM ET: The Options Trader Who Emerged as a Surprise Front-Runner to Succeed Jamie Dimon | ON ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290908421.md"
description: "Key corporate news includes ON Semiconductor acquiring Synaptics in a $7B all-stock deal, Reformation filing for IPO, and BHP reshuffling Americas leadership. DeepSeek plans to double its workforce amid growth, while FedEx Freight forecasts 4-6% revenue growth post-spinoff. Microsoft and Apple raised prices on consoles and devices due to memory costs. Other updates: Bayer won a Supreme Court case over Roundup litigation, Qualcomm boosted sales targets, Polestar exited the U.S. market, and Meta faces a lawsuit from a former executive."
datetime: "2026-06-26T03:21:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290908421.md)
  - [en](https://longbridge.com/en/news/290908421.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290908421.md)
---

# Dow Jones Top Company Headlines at 11 PM ET: The Options Trader Who Emerged as a Surprise Front-Runner to Succeed Jamie Dimon | ON ...

The Options Trader Who Emerged as a Surprise Front-Runner to Succeed Jamie Dimon

Troy Rohrbaugh is seen as the leading contender in a race with Doug Petno to run JPMorgan.

\----

ON Semiconductor to Buy Synaptics in All-Stock Deal With $7 Billion Enterprise Value

ON Semiconductor said Synaptics's AI compute platform, human-machine interface technology, and connectivity solutions would help it meet demand for increasingly capable AI solutions that can interact with the physical world.

\----

Reformation Files for Initial Public Offering

The company, owned by private-equity firm Permira, did not specify how many shares it would sell, or at what price.

\----

BHP Splits Americas Role in Executive Reshuffle

Incoming BHP Group Chief Executive Brandon Craig said splitting North and South America under two separate leaders will allow a greater focus on each region.

\----

DeepSeek Looks to Double Workforce as Fresh Funding Fuels Growth

The Hangzhou-based company said it is hiring for 27 type of technical roles, including development engineers and AI product managers, with all positions open to interns.

\----

FedEx Freight Guides for Growth After Spinoff from FedEx

The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..

\----

Microsoft Increases Xbox Prices, Citing Soaring Memory Costs

Prices will go up by $100 for 512-gigabyte models and $150 for 1-terabyte models, effective Aug. 1.

\----

FCC's Carr Says ABC Is Running a 'Campaign of Misinformation' on Probe

The regulator says the Disney broadcaster's TV spots about the agency's inquiry into "The View" are misleading.

\----

Bayer Wins Supreme Court Challenge Over Roundup Litigation

The decision will help the company in its bid to resolve thousands of claims that the popular weedkiller caused cancer.

\----

Qualcomm Just Revealed Its Mystery Big Tech Customer-and Its Stock Is Rising

The company almost doubles its non-handset sales target, helping to revive faith in the stumbling AI trade.

\----

U.S. Bans Polestar, Chinese-Owned EV Maker, From Selling Cars in the U.S.

A government rule prohibiting Chinese software in cars resulted in Polestar bowing out of the U.S. market.

\----

Meta Tried to Silence Her. Now She's Suing.

Sarah Wynn-Williams, a former Facebook policy executive, is suing Meta over its attempts to stop her from talking about her book, "Careless People," a New York Times bestseller.

\----

Apple Raises Prices on Macs, iPads by $200 or More on Some Models

The increases come a week after Tim Cook said higher memory costs made them "unavoidable."

\----

Wendy's Meme Rally Took a Pause. Short Sellers Are on Watch.

The struggling fast-food chain is seeing more action than the red-hot memory-chip maker, which just posted stellar earnings.

(END) Dow Jones Newswires

June 25, 2026 23:15 ET (03:15 GMT)

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

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