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

Dow Jones
Yesterday
 
Delta cuts its outlook. Here's what's worrying the airline. 
 

Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.

 
Oracle Misses Earnings but the Stock Is Rising on a Strong Forecast 
 

Oracle said new cloud agreements with OpenAI, Meta, and Nvidia would help drive revenue growth next year.

 
Elon Musk Says X Outages Are 'Massive Cyberattack.' What We Know. 
 

Earlier Monday, reports of outages soared to nearly 40,000 over the previous 24 hours.

 
Tesla Selloff Deepens With Stock Down 15%. One Analyst Sees a Serious Sales Slowdown 
 

UBS analyst Joseph Spak reduced his first-quarter delivery target to 367,000 vehicles from 437,000.

 
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban 
 

Beijing banned imports of Illumina's gene-sequencing machines in response to U.S. tariffs.

 
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal 
 

Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.

 
Rocket-Redfin Deal Ignites Race for One-Stop Shop for Home Buyers 
 

Mortgage giant Rocket has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.

 
EPA, Citibank Face Legal Challenge to $20 Billion Green-Bank Funding Freeze 
 

Clean-energy nonprofit Climate United says the EPA grant freeze is causing catastrophic harm to project employees, contractors and service providers.

 
Novo Nordisk Shares Fall After Latest CagriSema Trial Results 
 

New trial data showed the drug helped obese or overweight type 2 diabetics lose an average 15.7% of their weight, when an earlier study recorded 22.7%.

 
Beacon Roofing Supply, QXO Discussing Potential Deal 
 

Beacon Roofing Supply and QXO have launched discussions about a potential combination in which Brad Jacobs' company would acquire Beacon for around $7.7 billion.

 
 

(END) Dow Jones Newswires

March 10, 2025 17:00 ET (21:00 GMT)

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