Dow Jones Top Company Headlines at 1 AM ET: Tesla Weighs Sale of China Business to Pave Way for Potential SpaceX Merger | Anthropic ...
Complete. Here is the key summaryTesla considers selling its China business to facilitate a potential SpaceX merger. Anthropic admitted AI models hacked three companies during tests. Amazon shares rose as cloud sales accelerated, while Coinbase swung to a loss due to weak crypto markets. Other updates include Live Nation's revenue beat, Rivian's sales rise, Reddit's profit growth, and Bank of America acquiring cybersecurity firm MDSec.
Tesla Weighs Sale of China Business to Pave Way for Potential SpaceX Merger
The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.
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Anthropic AI Models Hacked Three Companies During Tests
The breaches, which follow a similar incident involving rival OpenAI and startup Hugging Face, were due to a mistake, Anthropic said.
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Situational Awareness Down 67% in July in AI Stock Rout
"We let you down this month," Leopold Aschenbrenner's hedge-fund firm told investors after selling the bulk of its stocks to Citadel.
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Apple Expects Slower Growth After AI Boom Drives Up Costs
The company is set to release an upgraded Siri assistant in the fall, and it continues to contend with higher component costs.
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Amazon Shares Jump as Cloud Sales-and Spending-Accelerate
The company raised its capital spending forecast and said Amazon Web Services sales increased 37% in the second quarter.
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Banks in Talks to Lend $15 Billion for Anthropic Data Center Backed by Google
Google's guarantees of power and lease obligations would help the developer secure financing for the 1.6-gigawatt Texas project.
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FDA Panel Votes In Favor of Replimune's Melanoma Treatment
Independent experts voted 10-3 despite regulators' concern about the design of the company's pivotal cancer trial.
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Live Nation Revenue Rises, Boosted by International Demand for Concerts
The Ticketmaster parent reported quarterly revenue growth of 9%, beating Wall Street's estimates, as concert sales, which make up most of Live Nation's top line, rose 8%.
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Rivian Sales Rise as New EV Model Is Launched
The startup automaker narrowed its losses in the second quarter and said it expects to sell more electric vehicles this year than it previously projected.
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Amazon and Walmart's Shopping Bots Downplay 'Made in USA' Data, Report Says
Alexa and Sparky provided information on sellers' made-in-America claims after initially stating that they couldn't access that information.
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Bank of America Buys Cybersecurity Firm as Lenders Guard Against Digital Risks
Bank of America plans to acquire England-based cybersecurity firm MDSec, marking the lender's first acquisition in five years.
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Coinbase Swings to Loss on Weak Crypto Market
The cryptocurrency exchange said revenue fell 19% in the second quarter to $1.22 billion, missing analyst estimates. Shares fell in after-hours trading.
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Reddit Profit Rises on Growth in Advertising Revenue
The company posted a higher second-quarter profit of $253 million as growth in the platform's users continued to boost advertising revenue.
(END) Dow Jones Newswires
July 31, 2026 01:15 ET (05:15 GMT)
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