Samsung Electronics Expects Record Fourth-Quarter Profit Beat
The world's largest maker of memory chips and smartphones has benefited from a surge in chip prices over the past year amid increasing AI adoption.
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ExxonMobil Forecasting Lower Fourth-Quarter Earnings on Falling Oil, Gas Prices
The company said declining prices for liquids, which accounts for both crude and condensate oil, would lower its upstream earnings by $800 million to $1.2 billion compared to the third quarter.
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JPMorgan Chase Reaches a Deal to Take Over the Apple Credit Card
Goldman Sachs is expected to offload the credit-card balances at a more than $1 billion discount.
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Revolution Medicines Draws Takeover Interest
The cancer-drug biotech firm has a market value around $20 billion.
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Constellation Sales Fall as Hispanic Pullback Continues
Constellation reported lower third-quarter sales as beer sales lag amid weak consumer sentiment and a pullback in spending from Hispanic drinkers due to the Trump administration's immigration crackdown.
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Toll Brothers Promotes Mistry to CEO
Executive Vice President Karl Mistry will become the homebuilder's new chief executive, taking over from Douglas Yearley who will become executive chairman of the board, effective March 30.
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Regulator Finds Bank of America Shared Confidential Information Ahead of Block Trade
India's securities officials determined that the bank misled investigators about a 2024 $180 million stock transaction.
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World Liberty, Flagship in Trumps' Crypto Fleet, Seeks a U.S. Banking License
A banking charter would allow World Liberty Trust to issue and safeguard the dollar-backed stablecoin that the Trump family's World Liberty Financial launched last year.
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Anthropic Raising $10 Billion at $350 Billion Value
The planned deal represents nearly a doubling of the AI startup's valuation from four months ago.
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Warner Discovery Rejects Paramount's Amended Hostile Bid
Warner told shareholders to back its existing deal with Netflix, saying the Paramount deal isn't "even comparable."
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Alphabet Surpasses Apple in Market Cap for First Time Since 2019
The Google parent becomes the second-largest U.S. company by market capitalization.
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AI Chatbot Startup, Google to Settle Lawsuits Over Teen Suicides
The cases involving Character.AI's virtual companions highlighted concerns about artificial intelligence and mental health.
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D-Wave to Buy Quantum Circuits for $550 Million. Useful Computers Are Coming to Market.
The combined entity plans to bring gate-model quantum systems to market in 2026, D-Wave says.
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Buffett's Berkshire Successor Set to Earn One of Top Salaries for an S&P 500 CEO
Greg Abel's $25 million salary is well above the median in total pay for big-company chiefs, though dozens of top CEOs earn more with stock and options awards.
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Albertsons Narrows Full-Year Forecast as Medicare Pricing Changes Take Effect
The grocer reported higher third-quarter sales, boosted by growth in its digital channel and pharmacy business, but said Medicare price cuts would hurt financial results.
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Cal-Maine Stock Tumbles on Shrinking Earnings. Why Wall Street Remains Upbeat.
The nation's largest egg producer posts better-than-expected fiscal second-quarter earnings.
(END) Dow Jones Newswires
January 07, 2026 19:00 ET (00:00 GMT)
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