---
title: "Dow Jones Top Company Headlines at 7 PM ET: Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola | Vertex ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291852171.md"
description: "Major corporate developments include Vertex Pharmaceuticals acquiring Crinetics for $10B, Solstice Advanced Materials buying Element Solutions for over $12B, and Lockheed Martin acquiring Ultra Maritime for $3.45B. Other key events feature Microsoft cutting 3,000 Xbox jobs, Toyota expanding in Texas with a $3.6B plan, and SK Hynix reducing its U.S. IPO fundraising target to $28B. Additionally, TeraWulf signed a $19B lease with Anthropic for AI infrastructure."
datetime: "2026-07-06T23:24:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291852171.md)
  - [en](https://longbridge.com/en/news/291852171.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291852171.md)
---

# Dow Jones Top Company Headlines at 7 PM ET: Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola | Vertex ...

Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola

The largest U.S. grocer wins praise from President Trump for the move.

\----

Vertex Pharmaceuticals to Acquire Crinetics Pharmaceuticals for $10 Billion

The acquisition would add to Vertex's pipeline and potentially grow its annual revenue by $5 billion with the addition of Crinetics-developed drugs Palsonify and Atumelnant, the company said.

\----

Toyota to Move Tacoma Production to Texas in $3.6 Billion U.S. Expansion Plan

The automaker will boost vehicle production at its San Antonio truck and SUV plant.

\----

Microsoft Is Cutting More Than 3,000 Jobs in Xbox Division

The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations.

\----

Solstice Advanced Materials to Buy Element Solutions for More Than $12 Billion

The Honeywell spinoff aims to expand its footprint in high-growth electronics and artificial intelligence infrastructure markets.

\----

Lockheed Martin to Acquire Ultra Maritime in $3.45 Billion Deal

Lockheed said Ultra Maritime's portfolio of anti-submarine warfare will complement and expand its ability to offer sonar solutions for maritime platforms.

\----

Rogers Communications Buys Rest of Toronto Maple Leafs, Raptors for C$4.35 Billion

Rogers Communications is buying out the final portion of the Maple Leaf Sports and Entertainment from Larry Tanenbaum's Kilmer Sports for $3.06 billion.

\----

Strategy Logs $8.3 Billion Loss as It Sells Off Bitcoin

The loss comes after the company, formerly known as MicroStrategy, sold 3,588 Bitcoin for less than it paid.

\----

This American Investor Is Betting Big on a European Budget Airline

The latest proposal-the fifth from Castlelake-comes as airline stocks worldwide have tumbled in the wake of the Iran war and the subsequent surge in jet fuel prices.

\----

TeraWulf Signs $19 Billion Lease With Anthropic for AI-Infrastructure Campus

TeraWulf will partner with Anthropic to build an artificial-intelligence infrastructure campus in Kentucky that could generate $19 billion in revenue.

\----

Comcast's Sky to Buy ITV's Media and Entertainment Unit for Up to $2.14 Billion

Comcast's Sky has agreed to buy ITV's media and entertainment business in a deal that will see ITV spin ITV Studios off into a separate London-listed business.

\----

SK Hynix Trims Fundraising Target for U.S. Listing to $28 Billion

The share sale would still rank among the biggest in history, second only to SpaceX's record IPO.

\----

Novartis to Buy Myricx Bio for Up to $1.5 Billion

The deal for the privately held U.K.-based biotechnology firm will help bolster Novartis's oncology capabilities.

\----

France's Thales to Take Stake in Maritime Drone Maker Exail Ahead of Takeover

Thales signed an agreement with the Gorge family for its 35.51% combined stake, valuing Exail at $4.46 billion, including debt.

\----

Besi Shares Tumble Amid Fears of Uptake Delay of New Chip-Stacking Technology

Shares fell 6.7% in early afternoon European trading, but remained up over 90% so far this year.

(END) Dow Jones Newswires

July 06, 2026 19:15 ET (23:15 GMT)

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

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