Dow Jones Top Company Headlines at 5 AM ET: China's DeepSeek Launches Long-Awaited AI Model | TSMC ...

Dow Jones04-24 17:00

China's DeepSeek Launches Long-Awaited AI Model

The preview versions of the V4 model breaks months of silence from one of the country's most closely watched AI labs.

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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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It's Crunchtime for Private Credit as the Leading Funds Get Ready to Report Earnings

Money has flowed out of the leading credit funds, and investors will be looking for indications the flood is slowing

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Eni Hikes Buyback as Higher Energy Prices Offer Cash Windfall

Eni nearly doubled its full-year share buyback target as conflict in the Middle East pushed prices higher.

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Volvo Reports Rising Truck Demand Across Major Markets

Volvo sees the European heavy-duty truck market at 310,000 vehicles in 2026, up from a previous estimate of 305,000 and it also raised its Brazilian and Indian truck market forecasts.

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Italy's Monte Dei Paschi Formally Names Lovaglio as CEO, Appoints Bisoni as Chair

The newly appointed board has reinstated Luigi Lovaglio's powers as chief and general manager following weeks of governance turmoil at the bank.

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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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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.

 

(END) Dow Jones Newswires

April 24, 2026 05:00 ET (09:00 GMT)

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