Dow Jones Top Company Headlines at 7 AM ET: Netflix Boosts Stock-Buyback Program | PulteGroup ...

Dow Jones04-23 19:00

Netflix Boosts Stock-Buyback Program

Netflix's board has added $25 billion to the streaming giant's stock-buyback program.

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PulteGroup Posts Lower Profit

PulteGroup reported lower first-quarter profit as a stagnant housing market forced it to offer elevated sales incentives.

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PG&E Revenue, Profit Rises

PG&E posted a sharp increase in first-quarter net income and revenue as the parent of California utility Pacific Gas & Electric helped power an artificial-intelligence boom.

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Microsoft Needs Copilot to Get Back in the Air

With its shares in a slump, Microsoft must show its own AI efforts are paying off.

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Novo Nordisk to Seek Approval for Pill to Treat Diabetes in Young Patients

A late-stage trial showed that oral semaglutide significantly reduced blood sugar in 10- to 17-year-olds.

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Shares of Apple Supplier STMicroelectronics Jump After Strong Quarter

It posted strong first-quarter sales and said revenue growth from artificial intelligence should accelerate in coming months.

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Nestle Reports Drop in Sales Amid Strategic Overhaul

Sales fell to $27.17 billion as Chief Executive Philipp Navratil continues an overhaul of the food company's structure.

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SK Hynix Posts Record Quarterly Results Amid AI Boom

Nvidia supplier SK Hynix reported a fivefold jump in quarterly net profit on surging demand for advanced memory chips.

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Roche Backs Full-Year View as Quarterly Sales Rise

Roche confirmed its full-year guidance after first-quarter sales at constant currency rose, driven by high demand for its medicines and diagnostic solutions.

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Billions in EV Write-Downs-and New Bonus Goal Posts for Detroit CEOs

The top executives at GM and Ford in 2025 reaped the highest compensation ever during their tenures.

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Tesla Surprises Wall Street With Better Profits, $1.4 Billion in Free Cash Flow

The carmaker expects $25 billion in capital spending this year, and expanded its robotaxi service in Dallas and Houston.

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L'Oreal Shares Surge After Sales Rise Despite Tough Market Conditions

The group sounded a positive tone for the global beauty market and expects to report profit and sales growth for the full year.

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Sanofi Posts Higher Sales Amid Leadership Transition

Sales rose 14% to €10.51 billion at constant currency, boosted by new launches and recent acquisitions.

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EssilorLuxottica Shares Fall as Investors Weigh Impact of Smartglasses

Revenue growth eased at the start of the year following a boom in smartglasses sales last year.

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Hyundai Motor Profit Falls Despite Higher Revenue

The South Korean automaker posted weaker first-quarter earnings amid sluggish global vehicle sales, as U.S. tariffs, though reduced, continued to weigh.

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Nokia Reports Rising Sales From AI and Data-Center Customers

Nokia sees overall sales in the network infrastructure business growing 12%-14% this year, having previously expected 6%-8%.

 

(END) Dow Jones Newswires

April 23, 2026 07:00 ET (11:00 GMT)

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