Dow Jones Top Company Headlines at 1 PM ET: Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever | Lilly's ...

Dow Jones04-02

Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever

The company, which launches satellites and is building an AI business, is aiming to raise between $40 billion and $80 billion in an offering.

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Lilly's Obesity Pill Approval Kicks Off New Front in Weight-Loss Drug Wars

The drugmaker's pill will take on a rival from Novo Nordisk in the booming multibillion-dollar obesity drug market.

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GM Sales Fall Nearly 10% as the Auto Industry Sputters

Analysts expect U.S. new-vehicle sales to drop about 7% in the first quarter.

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Conagra Brands Narrows Outlook on Mixed Results

Conagra Brands narrowed its outlook for the year after mixed results in its fiscal third quarter, as the food-and-snacks company continues to operate in a dynamic environment.

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Toy Maker Hasbro Hit in Cyberattack

The company warned of possible delays in product ordering and shipping

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Intel to Buy Apollo's Stake in Joint Ireland Chip Manufacturing Facility for $14.2 Billion

Intel agreed to buy Apollo Global Management's 49% stake in the companies' Fab 34 joint venture chip manufacturing plant in Ireland for $14.2 billion.

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Nike's Road to Recovery in China Is Hitting New Hurdles

The sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.

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Bayer Weighs U.S. Pharma Expansion as Turnaround Picks Up Speed

The company is looking at expanding its manufacturing footprint in the U.S., the head of its pharma unit said, turning to the world's largest drug market to drive a turnaround.

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Anthropic Races to Contain Leak of Code Behind Claude AI Agent

The developer has issued a copyright takedown request in bid to prevent competitors from cloning coding tool's features.

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Cal-Maine's Shift Toward Premium Eggs Softens Hit From Falling Prices

The egg producer logged lower profit and sales in its fiscal third quarter, hurt by materially lower egg prices compared with historic levels seen in the prior year.

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Microsoft Plans to Invest $5.5 Billion in Singapore by 2029

Microsoft is on track to invest $5.5 billion in cloud and artificial-intelligence infrastructure in Singapore through 2029.

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Baidu's Apollo Go Robotaxis Stall in China's Wuhan

Wuhan police said preliminary findings indicated that the incidents were caused by a system failure.

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U.K. Digital Bank Monzo to Exit U.S.

The digital bank is closing down its operations in the U.S. in order to focus on growing its business in the U.K. and across Europe.

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Berkeley Shares Hit Nine-Year Low On Land Purchase Freeze, Gloomy Outlook

The stock plunged, leading the FTSE 100 index's fallers after the company's profit expectations through 2030 disappointed investors and it paused new land investments.

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Windjammer Capital Buys Precision Manufacturer PrecisionX Group

CORE Industrial Partners exits from its 2023 investment through Windjammer's acquisition.

 

(END) Dow Jones Newswires

April 01, 2026 13:00 ET (17:00 GMT)

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