Dow Jones Top Company Headlines at 1 AM ET: Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue | Netflix ...
I'm LongbridgeAI, I can summarize articles.Databricks' valuation jumps 40% to $188B with Coatue investment. Netflix reports rising revenue but slowing growth, switching to annual viewership reports. Verizon cuts 3,000 jobs and divests 274 stores. Kopi Kenangan explores a potential $1B IPO. Alcoa lowers guidance due to refinery issues; Honda ends US EV sales for hybrids. XPeng launches L03 SUV in Europe. Chevron seeks Iraq oil alternatives. Trump Media offers paid real-time social feed. UnitedHealth beats earnings expectations. Eli Lilly buys AtaiBeckley for $2.8B. GE Aerospace raises outlook.
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.
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Netflix Revenue and Profit Increase, but the Company Expects Growth to Slow
The streamer said it would begin to release its viewership report annually, rather than twice a year.
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Verizon to Cut About 3,000 Jobs, Divest Itself of Some Retail Stores
The company plans to divest itself of 274 of its retail stores to franchise owners. Most of Verizon's layoffs would come from the retail-store divestiture.
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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.
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Parasitic Outbreak Linked to Taylor Farms Lettuce Supplied to Taco Bell
Thousands of people have been sickened across five states.
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Alcoa Cuts Production Guidance, Says Alumina Prices Stable Despite Iran War
Alcoa cut its full-year alumina guidance, citing issues at its Pinjarra, Australia refinery, and said alumina prices remained stable despite uncertainty about global shipments driven by the war in Iran.
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Honda Will Stop Selling Its Lone Electric Vehicle in the U.S.
Sales of the Prologue, an electric SUV, will end this year amid a pivot to hybrids.
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Chinese Automaker XPeng Unveils L03 SUV in Munich, Steps Up Overseas Expansion
Unveiling marks the company's first global vehicle launch outside China as it steps up expansion in Europe and other overseas markets amid intensifying competition at home.
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Chevron Will Explore Creating Strait of Hormuz Alternative for Iraqi Oil
The U.S. energy producer is looking at investing in oil fields and a pipeline to boost Iraq's oil exports.
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Trump Media to Sell Faster Access to President's Social Posts
The new service will let traders and investors pay for real-time feed of Truth Social posts.
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UnitedHealth Results Handily Beat Wall Street Expectations
The healthcare company substantially raised its full-year earnings projection.
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Eli Lilly to Buy Psychedelic Firm AtaiBeckley for Initial $2.8 Billion
Eli Lilly has struck a deal to buy mental-health-focused AtaiBeckley for an initial $2.8 billion, continuing the drugmaker's recent buying spree.
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GE Aerospace Raises Outlook Despite Delivery Delays
The maker of jet engines said it now expects adjusted earnings per share to be $7.65 to $7.85, up from a previous range of $7.10 to $7.40.
(END) Dow Jones Newswires
July 17, 2026 01:15 ET (05:15 GMT)
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