News Highlights: Top Company News of the Day - Tuesday at 11 PM ET

Dow Jones
07 May
 
TikTok Assures Advertisers It's 'Confident in the Future' 
 

The social-video app hosted an event for marketers in New York City on Tuesday. evening.

 
Proxy Firms Split on Harley-Davidson Board Shake-Up 
 

Shareholder advisers differed on an activist investor's campaign to remove three board members.

 
TPG to Buy Wireless Tower Investor Peppertree Capital Management as AMG Exits 
 

The private-equity firm said Tuesday the deal is expected to include up to $242 million in cash and $418 million in equity payable at closing, subject to adjustments.

 
Super Micro Cuts Full-Year Outlook After Results Disappoint 
 

The server maker cut its sales outlook for fiscal 2025, citing short-term impacts of heightened economic uncertainty and tariffs that prompted some customers to delay orders of new servers and computer products.

 
Rivian Expects Tariffs to Dent Demand for Its EVs 
 

Rivian Automotive cut its outlook for vehicle deliveries and upped expectations for capital expenditures for the full year.

 
SpaceX Gets Greenlight for More Rocket Launches in Texas 
 

Elon Musk's company will be allowed to begin launching its Starship rocket up to 25 times a year from its Starbase complex in Texas, according to the FAA.

 
Novo Nordisk Reports Earnings Soon. The Wegovy Manufacturer Is Scrambling to Hold Market Share. 
 

Not long ago the largest company by market capitalization in Europe, the evolution of the weight loss medicine market has brought stumbles for Novo over the past year.

 
EA forecasts growth in key demand metric after concerns earlier in year about gamer fatigue 
 

Shares jump after hours on Tuesday.

 
Cisco Systems Introduces New Quantum Chip, Opens Lab Facility 
 

The new quantum network entanglement chip works with existing fiber-optic infrastructure and consumes less than 1 megawatt of power.

 
Advanced Micro Devices Guides for Higher Quarterly Revenue 
 

The chip maker logged higher profit and sales in the fiscal first quarter. Shares rose in after-hours trading.

 
 

(END) Dow Jones Newswires

May 06, 2025 23:00 ET (03:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10