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Dow Jones Top Company Headlines at 1 AM ET: Judge Rules JPMorgan Still Has to Pay for Charlie Javice's Legal Defense | Pershing ...

MorningStar
Jul 3, 2026 at 05:16 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Dow Jones headlines cover diverse corporate news: JPMorgan must pay Charlie Javice's legal fees; Pershing Square initiates dividends; Kling raises $2B for spinoff; KKR/ECP target DCC pivot; Super Micro stock rises on chip inquiry comments; Tesla Q2 sales jump; SAP cuts costs for AI focus; Blue Owl faces redemptions; Quantum Systems raises $1.2B at $8B valuation; National Beverage declares special dividend; Starlink eyes ground disruption.

Judge Rules JPMorgan Still Has to Pay for Charlie Javice's Legal Defense

The entrepreneur, convicted of defrauding the bank, and her lawyers have racked up $144.2 million in bills, with receipts including gummy bears and cellulite butter.

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Pershing Square Initiates Quarterly Dividend

The quarterly cash dividend of 12.2 cents a share is payable July 21 to shareholders of record July 13.

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Kling Raises $2 Billion Amid Planned Spinoff From Kuaishou

Kuaishou Technology's Kling has raised around $2 billion from investors, as the short-video company seeks to spin off and list its artificial-intelligence video unit.

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KKR and Energy Capital Partners Look to Bet on DCC's Industry Pivot

The private-equity firms aim to gain from the multi-industry conglomerate's recent pivot to focus on its energy businesses, analysts say

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Super Micro's Comments on Chip Smuggling Inquiry Lift the Stock

The AI server maker moved to reassure customers but investors may need more.

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Universal's 'Minions & Monsters' Expected to Dominate Holiday Box Office

Domestic box office through June 28 is $4.72 billion, up 15% from last year, according to Rentrak.

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Jersey Mike's IPO Will Test Wall Street's Appetite for Restaurant Stocks

Jersey Mike's has a large, mostly franchised system, more than 3,300 locations, and $4.2 billion in 2025 systemwide sales.

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Tesla Sales Jumped in Second Quarter

The electric automaker sells just three new-car models now, with CEO Elon Musk putting the focus on autonomous vehicles and robotics.

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SAP Seeks to Rein In Costs to Focus on AI Investments

SAP said it would exercise greater discipline when it comes to hiring and travel expenses as it seeks to redeploy workers in roles where they can make better use of AI.

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Blue Owl Investors Ask to Withdraw $4.7 Billion From Flagship Funds

Redemption requests declined from the previous quarter but remained elevated.

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German Drone Maker Quantum Systems Raises Funding at $8 Billion Valuation

Quantum Systems said it had raised $1.2 billion at a valuation of roughly $8 billion, bringing in fresh capital to expand drone production and invest in software for autonomous systems powered by artificial intelligence.

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National Beverage Stock Jumps After LaCroix Owner Declares Special Dividend

National Beverage, the maker of LaCroix sparkling water, announced its 13th special dividend in 22 years, sending shares sharply higher despite mixed annual results.

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Starlink Dominates Internet From Space. Can It Disrupt AT&T and Verizon on the Ground?

SpaceX wants its satellite network to eventually serve cellphones in dense urban areas, but capacity and infrastructure hurdles remain.

 

(END) Dow Jones Newswires

July 03, 2026 01:15 ET (05:15 GMT)

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

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