News Highlights: Top Company News of the Day - Wednesday at 7 AM ET

Dow Jones
Yesterday
 
Alibaba Rolls Out 'Instant Commerce' Feature as China Delivery Battle Heats Up 
 

Alibaba Group has added a new rapid-delivery feature to its shopping platform, the e-commerce giant's latest attempt to grab a slice of China's on-demand delivery market from rivals like JD.com and Meituan.

 
Why New Wegovy Deals Won't Restore Novo Nordisk's Obesity Lead 
 

The Danish drugmaker is expanding Wegovy access via telehealth providers like Hims and Ro. But the gap with Eli Lilly is only getting wider.

 
Microsoft Touts New European Data Centers Amid Clamor for EU Tech Sovereignty 
 

Microsoft plans to expand its data-center capacity within the EU over the next two years, with a view to having cloud operations in more than 200 data centers across the region.

 
Meta Launches New Standalone AI App, Rivaling ChatGPT 
 

Facebook owner Meta Platforms has launched a stand-alone artificial-intelligence app, becoming the latest technology giant to enter a field already facing intense competition.

 
Rheinmetall, Lockheed Martin Team Up to Produce Missiles in Germany 
 

Germany's biggest defense company said that it expanded its existing cooperation with its U.S. peer.

 
Drugmakers Have Spent Millions Targeting 'Middlemen'-and It's Paying Off 
 

The pharmaceutical industry translated a wonky policy topic into a talking point repeated by a range of groups.

 
Samsung Profit Beats on Strong Smartphone Sales 
 

The South Korean technology giant posted stronger-than-expected first-quarter profit, as solid gains in its smartphone segment offset weak earnings at its core semiconductor business.

 
TotalEnergies Keeps $2 Billion Buyback Despite Weak Oil Prices 
 

The company said it would continue to buy back up to $2 billion of shares over the second quarter despite a softening price environment.

 
UBS Sees Unpredictable Economic Path Forward 
 

The group's net profit was lower than in the year-earlier period, but higher than analysts had forecast, and the bank warned that the economic path forward was particularly unpredictable.

 
Trade-War Uncertainty Prompts Wave of Companies to Yank Forecasts 
 

A new poll shows more than 80% of senior executives are worried about tariffs and other policy shifts.

 
 

(END) Dow Jones Newswires

April 30, 2025 07:00 ET (11:00 GMT)

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