Dow Jones Top Company Headlines at 5 PM ET: Airbnb Boosts Forecast on Strong Demand Across Regions | Rocket ...
Complete. Here is the key summaryAirbnb raised its revenue forecast due to strong global demand, while Rocket Companies saw a surge in Q2 revenue driven by mortgage market share gains. Apollo agreed to acquire easyJet for $7.7 billion. DraftKings reported a Q2 loss and Sweetgreen lowered its outlook amid a cyclosporiasis outbreak. Instacart shares rose on better-than-expected revenue. Amazon will offer GLP-1 weight-loss drugs to Medicare Part D patients. SpaceX and Tesla plan a Texas chip plant. ConocoPhillips named a new CEO as profits rose with oil prices.
Airbnb Boosts Forecast on Strong Demand Across Regions
The short-term rental company said it now expects revenue to increase by at least a mid-teens rate this year, up from its prior projection for growth in the low- to mid-teens.
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Rocket Revenue Surges on Mortgage Market Share Gains
Rocket Companies reported higher second-quarter revenue as its market share in both purchase mortgages and refinancings rose.
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Apollo to Buy European Budget Airline easyJet for $7.7 Billion
The deal for the British airline caps a weekslong bidding war with American private equity and aircraft leasing group Castlelake.
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DraftKings Second-Quarter Revenue Falls, Hurt by Promotions
The online sports betting company posted a loss of $67.6 million for the second quarter, compared with a profit of $157.9 million a year earlier.
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Sweetgreen Lowers Full-Year Outlook Due to Cyclosporiasis Outbreak as Loss Widens
The company now expects same-store sales to drop between 7% and 8% due to lower demand from the multistate cyclosporiasis outbreak..
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Instacart Shares Rise on Higher Revenue, Strong Outlook
The company reported revenue increased to $1.04 billion from $914 million. Wall Street expected $1.03 billion.
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Amazon to Offer GLP-1 Weight-Loss Drugs to Medicare Part D Patients
Novo Nordisk's Wegovy and Eli Lilly's Zepbound and Foundayo will be available at a cost of $50 a month.
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SpaceX, Tesla to Build Chip Plant in Texas to Meet Compute Demand
The newly public rocket company is doubling down on its operations in Grimes County, Texas, where it is also headquartered, in an effort to produce the chips it needs for its spacecraft.
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Crypto Trader Wintermute Steps Onto Regulated Wall Street With Broker License
One of many digital currency firms pushing into traditional finance services, Wintermute aims to take on Jane Street, Citadel and other big market makers.
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Warner Bros. CEO Confident Paramount Deal Will Close
Streaming revenue improves as HBO Max expands its subscriber and advertising base.
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ConocoPhillips Names New CEO as Profit Boosted by Climbing Oil Prices
ConocoPhillips recorded higher profit in the second quarter, driven by a 36% jump in average oil and gas prices, as it promoted its finance chief, Andy O'Brien, to become its new chief executive.
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Papa John's Believes In Its Turnaround, Even Though It's Taking Longer Than Expected
Papa John's cut its outlook for the year and suspended its dividend, as the pizza chain's North American business continues to face a soft consumer environment.
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Peloton Interactive Forecasts Revenue Decline as Subscriber Losses Deepen
Peloton Interactive issued a muted revenue outlook for fiscal 2027 as subscriber losses continue to deepen, overshadowing fourth-quarter profit gains and virtually flat revenue.
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Fox Will Keep NFL Rights Deal Through 2029
The league had been trying to renegotiate its rights deals before opt-out clause.
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Suncor to Promote Peter Zebedee to CEO
The Canadian energy company said current President and CEO Rich Kruger will transition to the role of executive vice chair in April next year.
(END) Dow Jones Newswires
August 06, 2026 17:15 ET (21:15 GMT)
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