Dow Jones Top Company Headlines at 5 AM ET: Pershing Square Offers to Buy Universal Music for More Than $63 Billion | LG ...

Dow Jones04-07

Pershing Square Offers to Buy Universal Music for More Than $63 Billion

The new entity would become a Nevada corporation and listed on the New York Stock Exchange, Ackman's Pershing Square said.

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LG Electronics Expects First-Quarter Earnings Rebound

The South Korean consumer-electronics company has projected a solid earnings rebound, driven by record first-quarter revenue and improving profitability in its home-appliance, television and vehicle-component businesses.

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Anthropic in Talks to Invest $200 Million in New Private-Equity Venture

General Atlantic, Blackstone, and Hellman & Friedman are among the private-equity firms in discussions to back the project.

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Health insurers secured a better Medicare Advantage rate for 2027, and their stocks are soaring

Shares of health insurers rallied in premarket trading on Tuesday after the government improved the initial Medicare Advantage rate increase for next year.

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Samsung Projects Eightfold Profit Leap as AI Chip Demand Soars

The world's largest memory-chip maker forecast a more than eightfold jump in first-quarter operating profit, signaling continued record earnings amid the artificial-intelligence boom.

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Broadcom to Supply AI Chips to Google, Computing Capacity to Anthropic in Expanded Collaboration

Broadcom will develop and supply custom AI chips for Google and additional computing capacity to Anthropic in an expansion of the strategic collaboration between the three companies.

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Amazon and U.S. Postal Service Reach Delivery Deal

The e-commerce giant, under a new plan, will cut back the packages it ships through USPS by 20%, less than the proposal the sides had discussed earlier.

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BNY, Robinhood Win Contract for Running Trump Accounts

The two firms are the early winners in Wall Street's race to play a role in setting up and running the new savings tool for children.

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Festival Organizer Defends Kanye West Booking After Sponsors Flee

Anheuser-Busch InBev follows PepsiCo and Diageo in pulling out of the planned U.K. event.

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Oracle Names Hilary Maxson Chief Financial Officer

Oracle hired Hilary Maxson as the software giant's new chief financial officer, effective immediately.

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Neurocrine to Buy Soleno, Nabbing Drug for Relentless Hunger Disorder

The deal, valued at $2.9 billion, will expand Neurocrine's endocrinology and rare-disease portfolio.

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NHTSA Ends Investigation Into Tesla's Summon Feature

The National Highway Traffic Safety Administration closed its investigation into Tesla's "Actually Smart Summon" feature due to the low frequency and severity of reported crashes.

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Gulf Funds Agree to Back Paramount's $81 Billion Takeover of Warner

Commitments from three Middle East entities will help offset costs for the Ellison family.

 

(END) Dow Jones Newswires

April 07, 2026 05:00 ET (09:00 GMT)

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