Dow Jones Top Company Headlines at 7 am ET: Apple to Spend $30 Billion on U.s.-made Chips from Broadcom | Trump-backed ...

Dow Jones19:00

Apple to Spend $30 Billion on U.S.-Made Chips From Broadcom

The deal, for billions of chips, is the latest part of Apple's domestic investment pledge.

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Trump-Backed Company Behind Family Crypto Wealth in Talks to Sell Core Business

The potential sale by AI Financial marks an abrupt reversal for a company that has channeled more than half a billion dollars to the Trumps.

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UniCredit Says It Controls Nearly Half of Commerzbank Following Takeover Push

UniCredit said it increased its voting rights in Commerzbank but fell short of securing a majority share of the German bank.

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Apple Loses Court Battle Over iOS and App Store Under EU's Tech Rules

The decision is a blow to Apple as the tech giant battles the Digital Markets Act, an EU law that came into force in November 2022.

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Anthropic's Political Risks Are Real, but OpenAI's Loom Even Larger

The U.S. government's targeting of Anthropic might not last-especially if political winds shift.

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China Says It Has Found Security Vulnerabilities in Anthropic's Claude Code

China said several versions of Anthropic's popular Claude Code "can send sensitive information such as user location and identity to remote servers without the user's consent due to a built-in monitoring mechanism."

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Sino Biopharm Strikes Drug Licensing Deal With AstraZeneca, Deepens GSK Partnership

Sino Biopharmaceutical will receive $200 million upfront from AstraZeneca, and will be eligible for milestone payments.

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White House Pressures Top U.S. Grocers on Beef Prices

An Agriculture Department official spoke last week with grocers including Walmart, Kroger and Albertsons, according to people familiar with the matter.

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GM-Backed Momenta Makes Muted Hong Kong Debut After $751 Million IPO

Shares of the Chinese autonomous driving company rose 2.8% from its IPO price amid caution about the profitability of the self-driving auto industry.

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Why Smucker's $5 Billion Bet on the Twinkie Flopped

Problems arose from the snack's 65-day shelf life as well as changing consumer habits

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Serta Lenders Win $400 Million Award Over Rival Group's Debt Deal

A bankruptcy judge ordered Serta Simmons Bedding's majority lenders to compensate the minority group over its 2020 liability-management transaction.

 

(END) Dow Jones Newswires

July 08, 2026 07:00 ET (11:00 GMT)

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