Dow Jones Top Company Headlines at 3 am ET: Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero | Tsmc's ...

Dow Jones07-16 15:00

Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero

Uber Technologies seeks to strengthen its footprint in international markets.

----

TSMC's Earnings Streak Continues on Robust AI Demand

The world's largest contract chip maker posted its fifth straight quarter of record earnings amid voracious global appetite for artificial-intelligence infrastructure.

----

ABB to Buy Rotork in $5.5 Billion Deal to Strengthen Electrification Business

Under the agreement, shareholders would receive $6.81 for each Rotork share, a 60% premium to the company's three-month average share price.

----

The AI Backlash Has Tech Executives Fearing for Their Lives

Violent threats against artificial-intelligence companies are rising and spilling over into real-world security incidents.

----

Telenor Cuts Guidance Following Challenging Quarter

Telenor's second-quarter performance was hit by tough year-on-year comparables, the timing of commercial initiatives, transformation costs and a challenging macro situation in Bangladesh.

----

Publicis Raises Guidance, Citing New Business Wins

The advertising group said it is benefiting from new business momentum driven by continued client demand for AI-powered marketing services.

----

United Airlines Lifts Outlook as Higher Fares Blunt Turbulent Fuel Prices

The carrier said that adjusted earnings should hit $9 to $11 a share in 2026, lifting the low-end of its previous target by $2 a share.

----

SpaceX Shares Fall Below IPO Price for the First Time

The rocket maker's stock slipped below $135 as the tech-heavy Nasdaq composite dropped.

----

BHP Annual Copper Production Falls; Iron Ore Output Notches Record High

BHP Group said it produced a record amount of iron ore but less copper over the past year, and forecast a further drop in copper output in the year ahead as grades fall at a giant mine in northern Chile.

----

QVC Defeats Shareholder Challenge to $5 Billion Debt-Cutting Plan

A Houston bankruptcy judge approved a disputed intercompany settlement that clears the retail network to exit chapter 11.

----

The New York Times Files Motion to Quash Trump Administration Subpoenas

Several reporters were subpoenaed to appear before a grand jury following reporting on security concerns with the Qatari-gifted jet used as Air Force One.

----

BlackRock Shares Rally After Assets Soar Past $15 Trillion

BlackRock reported profits rose 20% from a year earlier, and shares rallied almost 7%.

----

J.B. Hunt Reports Higher Profit As Revenue Grows Across Most Segments

The logistics company reported a profit of $181 million, with its largest business segment reporting a 22% increase in revenue and a 10% increase in volume.

 

(END) Dow Jones Newswires

July 16, 2026 03:00 ET (07:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment