--- title: "Dow Jones Top Company Headlines at 1 PM ET: Walmart Further Shuffles Top Executives | Apple ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/293063162.md" description: "Walmart reshuffles top executives as Kieran Shanahan departs. Apple briefly becomes the U.S.'s most valuable company, vying with Nvidia. China's Moonshot AI releases a model challenging U.S. systems. Taylor Farms lettuce linked to parasitic outbreak affecting Taco Bell customers. Travelers and Fifth Third beat earnings; Truist Financial also reports strong Q2 results amid leadership transition. GSK shares drop after halting chronic cough drug development. Volvo expects stronger sales. Meta hires Amazon exec Dave Brown for cloud push. Burberry sees divisional growth. Databricks valuation hits $188B. SEC expected to change quarterly earnings rules despite backlash." datetime: "2026-07-17T17:28:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293063162.md) - [en](https://longbridge.com/en/news/293063162.md) - [zh-HK](https://longbridge.com/zh-HK/news/293063162.md) generator: "portal-rs" --- # Dow Jones Top Company Headlines at 1 PM ET: Walmart Further Shuffles Top Executives | Apple ... Walmart Further Shuffles Top Executives Kieran Shanahan, chief operating officer for Walmart U.S., will leave this week. ---- Apple and Nvidia Vie for Wall Street's Crown The iPhone maker briefly became the U.S.'s most valuable publicly traded company as investors are shifting focus from hardware supply to consumer execution. ---- China's Moonshot AI Releases Model to Challenge Top U.S. Systems The company says its model outperforms some cutting-edge U.S. systems, the latest sign that Chinese labs can rival American counterparts. ---- Parasitic Outbreak Linked to Taylor Farms Lettuce Supplied to Taco Bell Thousands of people have been sickened across five states. ---- Travelers Scored an Earnings Beat. Were the Downgrades All Wrong? The insurer defied Wall Street's expectations, posting adjusted per-share earnings that were nearly double of what analysts projected. ---- Fifth Third Profit Boosted by Comerica Acquisition The Fifth Third Bank parent posted a profit of $763 million, or 83 cents a share, in the second quarter. ---- Truist Financial Earnings Beat Estimates but Eyes Are on Bank's Next Chapter Truist Financial delivered strong second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank's strategy. ---- GSK Shares Slide After Drugmaker Drops Chronic Cough Treatment GSK shares fell after the U.K. drugmaker said it would stop working on an experimental treatment for chronic cough after mixed results showed limited efficacy in late-stage clinical studies. ---- Volvo Car Expects Sales to Strengthen on European Growth, U.S. Recovery Volvo Car expects growth in Europe and a recovery in the U.S. to spur significantly stronger sales in the second half of the year, despite continued challenges in China. ---- Meta Plans to Hire Top Amazon Computing Executive as It Weighs Cloud Push Dave Brown, one of the most senior executives at Amazon Web Services, will bring his nearly two decades of experience to the social-media giant. ---- Burberry Reports Sales Growth as It Moves Forward With Turnaround Plan Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years. ---- Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue The startup's valuation jumps 40% as the AI boom has driven demand for its data-analytics software. ---- Sweden's EQT Expects Strong Fundraising Momentum as It Posts Higher Net Profit The buyout group reported rises in net profit and revenue for the first half aided by higher fee-generating assets. ---- Celebrity-Backed Indonesia Coffee Chain Meets Banks for Potential IPO Kopi Kenangan that counts Serena Williams and Jay-Z among its investors has held talks with banks to explore a potential listing that could value it at up to $1.0 billion, people familiar with the matter said. ---- SEC Expected to Change Quarterly Earnings Rule Despite Public Backlash Most of the over 200,000 comments urged the agency not to make quarterly financial reports optional; Trump has long supported such a move. (END) Dow Jones Newswires July 17, 2026 13:15 ET (17:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [GSK.US](https://longbridge.com/en/quote/GSK.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [TRV.US](https://longbridge.com/en/quote/TRV.US.md) - [BRBY.UK](https://longbridge.com/en/quote/BRBY.UK.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [BURBY.US](https://longbridge.com/en/quote/BURBY.US.md) - [TFC.US](https://longbridge.com/en/quote/TFC.US.md) - [FITB.US](https://longbridge.com/en/quote/FITB.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [AAPE.US](https://longbridge.com/en/quote/AAPE.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [CMA.US](https://longbridge.com/en/quote/CMA.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [EQT.US](https://longbridge.com/en/quote/EQT.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [FITBO.US](https://longbridge.com/en/quote/FITBO.US.md) - [FITBI.US](https://longbridge.com/en/quote/FITBI.US.md) - [FITBM.US](https://longbridge.com/en/quote/FITBM.US.md) - [FITBP.US](https://longbridge.com/en/quote/FITBP.US.md) - [CMA-B.US](https://longbridge.com/en/quote/CMA-B.US.md) - [GSK.UK](https://longbridge.com/en/quote/GSK.UK.md) - [GSK.WI.US](https://longbridge.com/en/quote/GSK.WI.US.md) ## Related News & Research - [WMT Stock Slides as Walmart Same-Store Sales Disappoint](https://longbridge.com/en/news/296524455.md) - [Instagram Head of Product Design Explains Thinking Behind That New Logo and Responds to Critics: ‘It’s Important for Us to Embrace the Future’](https://longbridge.com/en/news/296134477.md) - [Meta glasses are a workplace menace](https://longbridge.com/en/news/296488070.md) - [Walmart stock is having its worst day in years. 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