Dow Jones Top Company Headlines at 9 am ET: Apple Raises Prices on Macs, Ipads by $200 or More on Some Models | Jpmorgan ...

Dow Jones06-25 21:00

Apple Raises Prices on Macs, iPads by $200 or More on Some Models

The increases come a week after Tim Cook said higher memory costs made them "unavoidable."

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JPMorgan Shakes Up Dimon Succession Race With Two New Presidents

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.

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Germany's Merck to Buy Bio-Techne for $11 Billion

Merck KGaA offered $73 a share in cash for Bio-Techne, representing a 24% premium to the U.S. lab-tools supplier's closing price Wednesday.

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Darden Posts Higher Sales but Warns of Slower Growth

Darden posted higher profit and sales in its fiscal fourth quarter, once again led by its LongHorn Steakhouse brand, but expects growth to slow over the coming year.

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BlackBerry Sees New AI Opportunities

BlackBerry lifted its fiscal 2027 outlook on higher first-quarter results, driven by embedded-software growth and expanding opportunities with artificial intelligence.

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Winnebago Cuts Outlook Amid Declining Sales

The motorhome maker posted a fiscal third-quarter profit of $14.5 million, or 51 cents a share, compared with $17.6 million, or 62 cents a share, in the same quarter a year ago.

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McCormick Posts Higher Sales Amid Combination With Unilever

The maker of spices and seasonings reported higher sales in its fiscal second quarter, as it continues work to combine with Unilever's food business.

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Anthropic Claims Alibaba Ran 'Brazen' Campaign to Access Its Claude AI Model

U.S. artificial-intelligence lab Anthropic has accused Chinese e-commerce giant Alibaba of "illicitly" accessing its frontier model Claude to harvest its capabilities.

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Volkswagen to Sell Majority Stake in Everllence For $8.4 Billion

Bain Capital will buy 51% of heavy-engine business Everllence for $8.4 billion.

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IBM Stock Surges After Research Division Unveils a Sub-1-Nanometer Chip Prototype

IBM debuts the first sub-1 nanometer chip, marking a step forward in the race to make AI chips smaller and more efficient.

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Amazon to Invest Additional $13 Billion in India by 2030

Amazon's planned spending to expand and support AI and cloud infrastructure in India builds on the $35 billion investment that was outlined last year.

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H&M Hit by One-Off Costs as Turnaround Efforts Continue

Earnings were dented by $127.2 million in restructuring costs as the retailer made organizational changes.

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Lockheed Martin Lands $35 Billion Missile-Defense Deal

The Pentagon's order of Thaad interceptors follows the company's pledge to expand production over seven years.

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Pizza Has Gone Cold. Domino's Is Still Worth a Look.

The category's sales are stagnant and its chains are faltering, but Domino's can emerge as a winner

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easyJet to Open Books to Castlelake After Rejecting Revised $6.49 Billion Bid

The move marks a shift in easyJet's stance toward Castlelake, which as recently as Monday called out the airline's unwillingness to engage meaningfully.

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Amazon, Microsoft's Cloud Services Should Fall Under DMA, EU Says

Under the Digital Markets Act, the companies would be treated as gatekeepers for their cloud services and required to steps to ensure they don't stifle competition.

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LVMH Fires Back at Hermès Heir Over His Missing Fortune

The luxury group says it was unaware of any misappropriation of Hermès shares when it was building up a covert position in its rival.

 

(END) Dow Jones Newswires

June 25, 2026 09:00 ET (13:00 GMT)

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