News Highlights: Top Company News of the Day - Monday at 5 PM ET

Dow Jones
02-25
 
Berkshire Stock Closes at a Record After Earnings Beat 
 

KBW and UBS raised price targets on shares of Warren Buffett's Berkshire Hathaway after the conglomerate reported blowout fourth-quarter earnings on Saturday.

 
Hims & Hers Guides For Robust 2025 Despite Uncertainty 
 

Hims shares have roughly doubled since the start of the year, despite the FDA's announcement last week that Novo Nordisk's drug semaglutide is no longer in shortage in the U.S.

 
Zoom Beats Earnings Estimates. Why the Stock Is Still Down. 
 

Zoom Communications reported solid fourth-quarter earnings but a weaker-than-expected outlook.

 
Starbucks to Lay Off More Than 1,000 Workers 
 

The company will also not fill hundreds of open positions. The cuts are part of new CEO Brian Niccol's effort to streamline operations.

 
Apple Earmarks $500 Billion for U.S. Expansion 
 

The company plans to create 20,000 jobs and build a factory in Houston to support its generative-AI system.

 
Sun Communities to Sell Marinas Business to Blackstone for $5.65 Billion 
 

The all-cash purchase of Safe Harbor Marinas by affiliates of Blackstone Infrastructure is expected to close in the second quarter.

 
Apollo to Buy Real-Estate Firm for $1.5 Billion as it Seeks to Fill Gaps 
 

The deal for Bridge Investment Group will push Apollo's real-estate assets under management to more than $110 billion.

 
AI Startup Anthropic Finalizing $3.5 Billion Funding Round 
 

The company behind the Claude chatbot was valued at $61.5 billion, after it overcame investor fears sparked by the success of China's DeepSeek.

 
Canadian Bank Earnings to Land Under Cloud of Trade Uncertainty 
 

Analysts expect the group to post modest earnings growth, but threats of U.S. tariffs cloudy the remainder of fiscal 2025.

 
Robinhood Plans Ambitious Crypto Expansion Under Trump Administration 
 

The trading platform made famous during meme-stock mania wants to diversify its digital-currency business into areas including the potential tokenization of equities.

 
 

(END) Dow Jones Newswires

February 24, 2025 17:00 ET (22:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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