Dow Jones Top Company Headlines at 1 AM ET: Meta Releases Coding Agent to Compete With OpenAI and Anthropic | Airlines …
Meta Releases Coding Agent to Compete With OpenAI and Anthropic
The company, pressed by investors to generate revenue from AI, says its offering will cost less than popular alternatives.
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Airlines Push Back Against ICE Enforcement at Airports
Federal agents are using flight manifests to arrest travelers with lapsed visas, drawing objections over safety and protocol.
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Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases
A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.
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FDA Approves First mRNA Flu Vaccine in Win for Moderna After Arduous Review
The decision caps a seven-month process that included a rare refusal to consider the shot.
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News Corp Revenue Rises, With Growth Across All Segments
Digital-only subscriptions to The Wall Street Journal averaged nearly 4.5 million in the quarter, compared with 4.33 million in the prior quarter.
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Motorola Solutions Lifts Outlook as Profit, Revenue Gain
The Chicago-based company said it now expects full-year adjusted earnings between $17.62 and $17.72 a share on revenue of about $12.98 billion.
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EBay Lifts Outlook as Depop Acquisition Closes, Revenue Rises
The online marketplace reported higher revenue of $3.13 billion, and now expects gross merchandise volume to grow between 11.5% and 12.5% in 2026.
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Etsy to Cut 12% of Workforce as CEO Focuses on Core Marketplace
The cuts weren’t driven by cost-cutting initiatives or artificial intelligence, Chief Executive Kruti Goyal said.
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Sandisk Revenue Soars on AI Data Storage Demand
The company posted a higher net income of $6.9 billion as the artificial-intelligence buildout continued to fuel demand for data storage.
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Western Digital Profit Surges as Revenue Grows
Western Digital reported a more than elevenfold increase in its fourth-quarter profit, driven by continued strong demand for its memory technology.
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Expedia Raises Revenue View on Higher Profit, Revenue
The online travel agency said it now expects annual revenue to be $16.05 billion to $16.22 billion, up from a previous range of $15.6 billion to $16.0 billion.
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Google Overhauls AI Leadership as Longtime Chief Scientist Joins Wave of Exits
Demis Hassabis becomes chairman of Google DeepMind while Jeff Dean leaves to launch an AI-discovery startup.
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Goodyear Swings to Loss on Lower Tire Volume, Higher Costs
The company posted a loss of $204 million, or 71 cents a share, compared with a profit of $254 million, or 87 cents a share, in the year-ago quarter.
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Block Raises Outlook on Financial Solutions Growth
Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.
(END) Dow Jones Newswires
August 06, 2026 01:15 ET (05:15 GMT)
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