Dow Jones Top Company Headlines at 7 PM ET: New Google AI Model Said to Narrow Gap on Coding Ability | OpenAI ...

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4 hours ago

New Google AI Model Said to Narrow Gap on Coding Ability

Internal tests of Gemini 3.8 Flash show progress in an area where the company has lagged behind Anthropic and OpenAI. A release is expected this week.

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OpenAI to Restrict Astra Model After Rating It 'Critical' Cyber Risk

Internal testing found the new model capable of executing complex cyberattacks with minimal human input, prompting added security layers.

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Dell Technologies Boosts Fiscal Year Outlook by $25 Billion as Server Revenue Surges

The technology company said it now expects to bring in $192 billion in revenue in the current fiscal year.

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The Apple Empire That John Ternus Inherits-By the Numbers

Tim Cook isn't just passing the torch, he is handing over one of the corporate world's biggest successes.

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Palo Alto Projects Double-Digit Growth as AI Drives Cybersecurity Spending

The cybersecurity company said it is expecting revenue to rise between 23% and 24% to a range of $14.1 billion to $14.2 billion in fiscal 2027.

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David Ellison Is Promising at Least 30 Movies a Year. Hollywood Is Skeptical.

The Paramount CEO's pledge would defy economic pressures but has helped win support for the company's proposed acquisition of Warner Bros.

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Alimentation Couche-Tard First-Quarter Profit Gains on Fuel Sales Growth

The Canadian convenience-store operator posted a quarterly profit of $828.5 million, up from $782.5 million a year earlier.

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Keurig Dr Pepper to Sell Chobani Stake, Pennsylvania Campus for $925 Million

Keurig Dr Pepper is selling its minority stake in Chobani, along with a Pennsylvania manufacturing facility, to the yogurt maker for $925 million ahead of the beverage company's planned spinoff of its coffee business.

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Nestle Inks $1 Billion Deal to Sell Health-Supplements Brands to Private Equity Firm

Nestle will sell its mainstream vitamins, supplements and minerals business to Yellow Wood Partners, the latest move to tighten its portfolio and focus on core categories.

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Shein Makes Ho-Hum Market Debut After Years of Geopolitical Drama

Once valued at $100 billion, the fast-fashion company now has a $26 billion market capitalization following its listing in Hong Kong.

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Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google

The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.

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Medtronic Lifts Outlook, Invests Over $700 Million in Heart Tech & Robotics

Medtronic raised its outlook for the year after posting higher fiscal first-quarter profit and sales, driven by broad-based demand and contributions from newer growth platforms.

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Gap Pushes Into the Lucrative Accessory Business With New Handbags

The brand has tapped former Coach designer Reed Krakoff to create a new line of handbags using its signature fleece and denim.

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SB Energy Files for IPO With Nvidia Backing

The company, which is majority-owned by Masayoshi Son's SoftBank, said it plans to trade on Nasdaq under the symbol SBE, and hasn't yet determined the number or pricing of shares in the proposed offering.

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Novartis Shares Climb After Pill Hits Goals in Multiple Sclerosis Trials

Novartis shares rose after the drugmaker reported positive results in two late-stage trials from its new pill for the most common form of multiple sclerosis.

 

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