Dow Jones Top Company Headlines at 1 AM ET: TSMC Shares Rise After Taiwan Eases Limits on Funds' Investments | Ackman's ...

Dow Jones04-24 13:00

TSMC Shares Rise After Taiwan Eases Limits on Funds' Investments

Taiwan's regulators eased the limit on how much funds can invest in a single stock, allowing fund managers to pile in the world's largest contract chip maker.

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Ackman's Pershing Square Inc. to Sell Up to 33.12 Million Shares in IPO

Investor Bill Ackman's Pershing Square Inc. plans to offer up to 33.12 million shares in its initial public offering, at an expected price of $50 a share.

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Oracle's Deluge of AI Debt Pushes Wall Street to the Limit

The artificial-intelligence boom has hit a funding snag, compounding power constraints and a growing public backlash against data centers.

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Behind Meta's Huge Layoffs Is a Relentless Shift Toward AI

As the company envisions smaller teams and supersmart agents, some employees are wondering how they fit in.

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Trump on Spirit Airlines: 'I Think We'd Just Buy It'

President Trump said that the U.S. government could take over Spirit Airlines, the ailing budget carrier that has been negotiating this week for a federal bailout.

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Intel Shares Jump 20% as AI Agents Drive Big Growth

Demand from data centers for its CPUs pushed quarterly revenue to $13.6 billion. Shares climbed nearly 20% after hours.

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Nike to Cut 1,400 Workers in Latest Round of Layoffs

Most of the affected employees work in the company's technology department.

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SAP Stock Rebounds From Software Slaughter. The Cloud Boosted Europe's Tech Titan.

SAP shares are moving higher after reporting first-quarter earnings and reiterating full-year cloud revenue guidance. However, there's a catch.

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Bob Iger Returning to Joshua Kushner's Thrive in Post-Disney Move

The former Disney CEO, who has dabbled in tech and media investing, is going back to venture capital.

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Microsoft Offers Its First Ever Buyouts to Shape Workforce Around AI Push

The company is also changing how it awards bonuses and stock options as it reorganizes its workforce around AI efforts.

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U.S. Airlines Raise Fares, Trim Capacity for Summer as Fuel Costs Jump

U.S. airlines are raising fares and baggage fees to offset higher fuel costs from the Iran war. Some are also cutting capacity heading into the busy summer travel season.

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Newmont Tops Earnings Expectations for Sixth Consecutive Quarter. What Gold Prices Mean for the Stock.

Newmont stock is rising after the gold mining giant reported better-than-expected first-quarter earnings and revenue for the sixth consecutive quarter.

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SpaceX's IPO Will Help Elon Musk Consolidate Power. Investors Welcome It.

His fans don't mind another moonshot pay deal and almost total control.

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KPMG Cutting 10% of U.S. Audit Partners After Voluntary-Retirement Push Falls Short

Roughly 100 partners are exiting the Big Four accounting firm, some of whom volunteered to retire early, people familiar said.

 

(END) Dow Jones Newswires

April 24, 2026 01:00 ET (05:00 GMT)

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