News Highlights: Top Company News of the Day - Tuesday at 5 AM ET

Dow Jones
04 Mar
 
Walgreens Nears Roughly $10 Billion Deal to Go Private 
 

The deal price is still being ironed out with Sycamore but could be completed as soon as Thursday.

 
Nvidia's stock sinks, wiping out six months of gains as the AI trade unravels 
 

AI stocks in general took a beating Monday, but some Nvidia-specific issues are also worrying investors.

 
Aramco Expects Lower 2025 Dividend After Net Income Fall 
 

Saudi Arabia's national oil company said it anticipates lower shareholder returns this year after 2024 net profit fell to $106.2 billion from $121.3 billion in 2023.

 
AI Services Provider CoreWeave Files for IPO 
 

CoreWeave, an artificial intelligence services provider, has filed to go public.

 
Trump, TSMC Announce $100 Billion Investment in U.S. 
 

The announcement is the latest effort by President Trump to persuade companies to make big investments in the U.S.

 
Okta delivers what some of its bigger peers couldn't: a rosy outlook 
 

Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still "prudent."

 
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement 
 

The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.

 
Howard Hughes Committee Dismisses Latest Pershing Square Offer 
 

The real estate company entered a standstill agreement with Bill Ackman's investment fund to allow more time to explore potential alternatives to Pershing Square's offer.

 
European Defense Sector Enters Upswing as Europe Prepares to Rearm 
 

European leaders have signaled more readiness on providing Ukraine with security guarantees should a ceasefire deal be reached, and expanding their defense capabilities amid fears the U.S. could decrease its military presence in the continent.

 
Intel's stock is rising - and this time it's not because of sale rumors 
 

Nvidia and Broadcom reportedly are testing Intel's manufacturing technology. That's a potentially encouraging signal for the business.

 
 

(END) Dow Jones Newswires

March 04, 2025 05:00 ET (10:00 GMT)

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