Dow Jones Top Company Headlines at 5 PM ET: OpenAI's Head of Data Centers Has Left the Company | Anthropic ...

OpenAI's Head of Data Centers Has Left the Company

Chris Malone joins a string of recent high-level executive departures as the AI giant heads toward an IPO and ramps up its spending on computing power.

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Anthropic Expected to Tell Investors It Sees Over $30 Trillion in Potential Revenue

The AI startup is likely to top SpaceX's eye-popping potential revenue estimate.

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California Attorney General Ramps Up Criticism of Paramount

Rob Bonta said Paramount is more focused on the "court of public opinion" than the court of law in the Warner merger fight.

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Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users

The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a lower profit in its latest quarter.

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Zoom Reports Solid Earnings. The Stock Drops Anyway.

Zoom reported adjusted earnings of $1.55 a share for the quarter, up from $1.53 a year ago and above analysts' expectations for $1.48, per FactSet.

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Starbucks Union Calls for Boycott in Latest Test of Company Turnaround

Starbucks Workers United is seeking a contract agreement. For investors, the key question is whether the boycott move will affect customer behavior at a meaningful scale.

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Dick's Sporting Goods Bet Big on Sneakers With Foot Locker. It Backfired.

Shares tumbled after the retailer revealed footwear discounts are sapping profits. The chairman defended a $2.4 billion deal for the sneaker chain.

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United Airlines Ups Its Bet on Instagrammable International Destinations

Robust travel demand from Americans is helping fuel new routes like Marseille and Ibiza.

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Bank of Montreal Plans to Buy Back Shares After Strong Quarter

The big Canadian lender benefited from double-digit revenue growth and an improved credit performance in its fiscal third quarter, with the lowest provision on impaired loans in the last 10 quarters, though its bottom line was squeezed by one-time charges for its exit from certain businesses.

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Scotiabank Earnings Lifted by Record Result in Wealth Management

Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.

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OnlyFans Paid $700 Million Dividend to Founder Year Before He Died

The online platform, widely known for its explicit content, was a reliable cash machine despite employing fewer than 50 people.

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Oura and Dunkin' Get Ready to Join IPO Bonanza

Investors are sizing up the parade of new offerings expected in coming months.

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Hyundai Motor, Union Reach Wage Deal to End Walkouts

The tentative wage agreement ends months of on-and-off walkouts that have disrupted production at the Korean automaker.

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One of Taiwan's Biggest AI Winners Isn't a Chip Maker

Taiwan's richest person rode the AI boom but his company has nothing to do with technology-it's a furniture-component maker called King Slide Works.

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Woodside Puts 'Everything on the Table' in Review of Beaumont Facility

Chief Executive Liz Westcott said the review reflected a shift in international policy positions and slack demand for lower carbon ammonia.

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Lego Sales Growth Outpaces Global Toy Market to Hit New Record

Lego reported record sales for the first half of the year as it launched hundreds of new products.

(END) Dow Jones Newswires

August 25, 2026 17:00 ET (21:00 GMT)