Dow Jones Top Company Headlines at 9 AM ET: Northrop, Lockheed, Other Defense Stocks Rise After Iran Strikes. Why Gains May Not Last. | Hims ...

Dow Jones
Jun 23, 2025

Northrop, Lockheed, Other Defense Stocks Rise After Iran Strikes. Why Gains May Not Last.

America struck three Iranian nuclear sites on Saturday in an impressive coordinated attack called "Operation Midnight Hammer."

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Hims & Hers Stock Plunges as Novo Nordisk Abruptly Ends Partnership

Novo Nordisk accuses the telehealth company of breaking a law related to drug compounding.

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Ettinger Returns to Hormel Foods as Interim CEO

Jeffrey Ettinger is returning to Hormel Foods to serve as its interim chief executive for 15 months, effective July 14.

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America's Biggest Cement Supplier Set to Make Its Market Debut

Amrize is expected it to have a market capitalization of $30 billion or more, analysts say.

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Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent.

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Stellantis Announces Leadership Reshuffle as New CEO Starts Work

Chief Executive Antonio Filosa shuffled responsibilities within the Jeep parent company and he retained the role of head of North America and American brands.

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Direct Line CEO and CFO to Step Down Amid Aviva's Acquisition Process

The executives at the helm of the U.K insurance company are stepping down as part of a management reshuffle and will be on paid leave for the first two months of their notice period.

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Tesla's Robotaxis Are Here: What You Need to Know

The electric-car maker launches a long-promised autonomous-taxi service in Austin to a select group of invitees.

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Alibaba Folds Food Delivery, Online Travel Services Into Core E-Commerce Unit

The reorganization underscores the growing strategic importance of on-demand delivery for China's retail players.

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Prosus Logs Higher Revenue, Earnings on Strong E-Commerce Growth

Tencent Holdings' top shareholder saw growing profitability in its e-commerce businesses and AI-driven investments.

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KB Home to Report Second-Quarter Earnings. Results Could Be 'Choppy.'

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Continental Creates New Semiconductor Business

The German car-parts company has partnered with GlobalFoundries to create a new business which will design and test specialized computer chips for vehicles.

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News Corp Extends CEO Robert Thomson's Contract to 2030

Thomson has pursued digital growth and focused the company on core areas of news, book publishing and digital real estate.

 

(END) Dow Jones Newswires

June 23, 2025 09:00 ET (13:00 GMT)

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