Dow Jones Top Company Headlines at 9 AM ET: Walmart Sales Rise as Higher Fuel Prices Bring More Bargain Hunters | Apartment ...

Dow Jones05-21 21:00

Walmart Sales Rise as Higher Fuel Prices Bring More Bargain Hunters

The retailer said shoppers pushed its grocery, general merchandise and online sales higher in the most recent quarter.

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Apartment Owners AvalonBay and Equity Residential Agree to Merge

AvalonBay and Equity Residential have agreed to a merger, creating a multifamily real-estate giant worth more than $50 billion.

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Jeep and Ram Parent Stellantis to Launch Nine New Vehicles Under $40,000

CEO Antonio Filosa is focusing on affordability in the U.S. market in his $70 billion revival plan unveiled Thursday.

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Deere Sales Rise as Construction Growth Offsets Agriculture Weakness

Deere posted higher fiscal second-quarter sales as growth in the company's construction equipment business helped to offset weakness in its production agriculture segment.

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Eli Lilly's New Weight-Loss Treatment Shows Promising Results

An investigational drug developed by Eli Lilly delivered clinically meaningful weight loss in a trial, the company said as it looks expand its obesity treatment portfolio amid soaring demand.

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Ralph Lauren Sales Climb, Boosted by Strength in China

Ralph Lauren logged higher sales in its latest quarter, helped by particularly strong growth in China.

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Ubisoft Delays Profit, Cash Flow Targets as Reboot Continues

Ubisoft Entertainment is delaying profitability and cash-generation targets by a year, the latest setback for the Assassin's Creed maker as it undergoes a major overhaul of its operations and gaming portfolio to reinvigorate sales.

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Kontoor Brands to Sell Lee Business to Authentic Brands for Up to $1 Billion

The sale is initially for $750 million and includes $250 million in potential future payment based on the performance of Lee.

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Even at $5 Trillion, Nvidia Is Underappreciated

Competition is growing, but the AI chip maker's sluggish stock doesn't give enough credit for its strong position.

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Advance Auto Parts Stock Surges After Earnings. 2026 Off to a 'Solid Start,' CEO Says.

The auto parts retailer reports better-than-expected earnings and sales growth in its fiscal first quarter.

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AMD to Invest More Than $10 Billion in Taiwan's Chip Industry

The U.S. chip maker will tap the Taiwanese industry's expertise in high-performance computing.

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U.S. to Award Quantum Computing Firms $2 Billion, Take Equity Stakes

The Trump administration hopes to spur "a new era of American innovation," Commerce Secretary Howard Lutnick says.

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Netflix Pushes Further Into Live Programming With 'The Breakfast Club'

Charlamagne tha God's morning radio show has been a standout success among the streamer's video podcast efforts.

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Airbus Shares Fall After Report of A350 Aircraft Delays

The latest reported delays follow the group's decision last year to put off the launch of a freighter version of the A350 due to broader supply chain disruption.

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Generali Posts Lower Net Profit, Hit by Market Volatility

The insurer cited the impact of financial market volatility on the value of investments, as well as to a one-off tax payment in France.

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Tesla Announces Rollout of Fully Self-Driving Tech in China

The move follows years of efforts to get approval and comes on the heels of Elon Musk's visit to Beijing.

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Amgen Drug Gets New Warnings in Japan After Patient Deaths

The Japanese drugmaker that sells rare-disease medicine Tavneos said new patients will be able to get the drug, which carries risk of liver injury.

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China's NIO Back in Red Despite Robust EV Sales

Chinese EV maker NIO's sales doubled in the first quarter, but that wasn't enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.

 

(END) Dow Jones Newswires

May 21, 2026 09:00 ET (13:00 GMT)

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