Dow Jones Top Company Headlines at 7 PM ET: CoreWeave Shares Jump 12% as Revenue Doubles From Year Earlier | Super ...
I'm LongbridgeAI, I can summarize articles.CoreWeave shares surged 12% as revenue doubled, driven by a $104 billion order book. Super Micro Computer's Q4 profit jumped to $1.17 billion. OpenAI exec Brad Lightcap stepped down. GM established a $4.5 billion safety net for parts. Cava and Lumentum reported earnings beats. Blackstone and La Caisse bought a 25% stake in Air Canada's Aeroplan for nearly $2 billion. Sony and TSMC formed a $4.7B joint venture. Lockheed Martin invested in hypersonic weapons. Target hired its first Chief AI Officer. Smithfield lowered outlook due to consumer caution.
CoreWeave Shares Jump 12% as Revenue Doubles From Year Earlier
Mounting order book of $104 billion shows strong demand for cloud computing despite infrastructure challenges and AI-bubble fears.
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Super Micro Computer Fourth-Quarter Profit Surges as Gross Margin Improves
The server company reported a quarterly profit of $1.17 billion, up from $195.2 million in the year-ago period.
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Longtime OpenAI Exec Brad Lightcap to Step Down
The AI company's former COO said he was leaving to "start something new."
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General Motors Sets Up $4.5 Billion Safety Net to Avoid Parts Shortages
The auto industry in recent years has been stung by supply chain disruptions.
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Cava Traffic Gains Boost Quarterly Profit
Cava Group said climbing customer traffic boosted its profit in the second quarter and that sales are already bouncing back from the impact of recent cyclospora outbreaks.
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Quantinuum Posts First Earnings Since IPO; Strikes Oracle Quantum Deal
Quantinuum reports higher-than-expected revenue and issues an upbeat annual outlook, though the stock barely budges.
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Blackstone, La Caisse to Buy 25% of Air Canada's Aeroplan Loyalty Program
Asset manager Blackstone and Quebec's La Caisse pension fund have agreed to acquire a 25% stake in Air Canada's loyalty-points program for nearly US$2 billion, which the airline said would help in its pursuit of an investment-grade rating.
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Lumentum Earnings Clear Estimates as Sales More Than Double
The optical networking company reports better-than-expected earnings and revenue for its fiscal fourth quarter.
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H&R Block Revenue Increases as It Raises Quarterly Dividend
The company's revenue increased to $1.14 billion from $1.11 billion, and it raised its quarterly dividend by 10% to 46 cents a share.
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Cardinal Health Logs Mixed Sales, Sees Growth in New Year
Cardinal Health had a mixed fiscal fourth quarter in terms of sales across its two main business lines, but expects revenue to rise in both segments in the new fiscal year.
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Sony Group, TSMC to Form $4.7 Billion Image-Sensor Joint Venture
Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.
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Lockheed Martin Investing Millions to Develop Hypersonic Weapons System
The defense contractor said itis making a multimillion-dollar investment to develop a modular system for delivering different payloads on hypersonic weapons, as the U.S. military seeks to accelerate development of the technology.
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Target Hires First Chief AI Officer in Retail's Latest Tech Push
The retailer said it would bring on two executives to focus on AI and user experience capabilities, a crucial element of its plan to recover from sluggish performance.
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Smithfield Lowers Outlook on Consumer Caution, Softer Meat and Hog Markets
Smithfield Foods cut its outlook for the year, as inflation-weary consumers continue to be choosier in the grocery store and higher costs pressure operations.
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Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets
FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disruption to air travel.
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Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal
The media mogul's live entertainment business Mari Group said it had agreed to buy Britain's ATG Entertainment from a private-equity firm.
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On Holding Tempers Outlook as Running-Shoe Sales Underwhelm
The Swiss running-shoe maker now expects sales to grow in the low-20% range for the year after it deliberately stymied growth across its wholesale channels during the latest quarter.
(END) Dow Jones Newswires
August 11, 2026 19:15 ET (23:15 GMT)
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