Dow Jones Top Company Headlines at 9 PM ET: Private-Credit Firms are Buzzing About Getting in on JPMorgan's Card Empire | Activist ...

Dow Jones09-23 09:00

Private-Credit Firms Are Buzzing About Getting In on JPMorgan's Card Empire

The bank has recently explored finding partners to underwrite rejected applications for its co-branded credit cards.

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Activist Jana Partners Urges Six Flags to Explore Sale

The theme-park company faces pressure following disappointing earnings amid a turnaround effort.

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$5 Billion Flurry of Nearly Identical Kalshi Trades Draws Scrutiny

The rapid trades-all at nearly $5,500-occurred in a single Kalshi market. The prediction market says the trades represent normal activity.

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KB Home Cuts Margin Outlook as Housing Conditions Worsen

The homebuilder said it now expects annual gross profit margin to be 16.0% to 16.2%, down from its earlier guidance of 16.1% to 16.5%.

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Apple Just Misses $5 Trillion Market Cap. The Milestone Is Likely Coming Soon.

Apple stock finished up 0.2% at $339.75, giving the company its highest close since July 28 and putting its market cap at $4.96 trillion.

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SoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin

The program will process more than $25 billion in transactions annually, SoFi said.

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AutoZone Expects Growth to Accelerate This Fiscal Year

The auto-parts retailer said it expects its growth to continue in the year ahead, forecasting an acceleration across each of its regions.

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Lennar Stock Is Depressed. Why Berkshire Hathaway Is Piling In.

Berkshire bought the shares Thursday, Friday, and Monday according to a filing with the SEC.

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DoorDash to Pay $131.5 Million to Resolve NYC Pay Investigation

The bulk of the settlement concerns the law's requirement that drivers are paid for time spent on the app between deliveries, known as "on-call time."

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Gap Is Getting Into the Boy-Band Business

The clothing company is making a foray into "fashiontainment" as it looks to cement its brands more deeply in popular culture.

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Thor Industries Gears Up to Face More Headwinds

Thor Industries had a challenging fiscal 2026, and the company said many of the headwinds it faced are expected to continue to plague its business in the year ahead.

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KKR Builds $350 Million Equipment-Finance Firm Akrapoint Commercial Capital

The newly formed finance company offers loans averaging about $500,000 to $600,000 to finance industrial equipment.

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Roche Says Drug Helped Patients Reduce Blood-Sugar Levels, Weight in Trial

The company sees the latest trial results reinforcing its ambitions to rapidly develop a portfolio of medicines for people with obesity, diabetes and cardiovascular disease.

 

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