Dow Jones Top Company Headlines at 11 AM ET: Chip Maker Marvell Agrees to Buy Lumentum in $80 Billion Deal | Marriott …

Chip Maker Marvell Agrees to Buy Lumentum in $80 Billion Deal

The deal will combine two of the fastest-growing enablers of artificial intelligence.

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Marriott Revenue Rises on Broad-Based Demand in U.S., Canada

Marriott International’s quarterly revenue rose, with the hotel company pointing to broad-based demand in the U.S. and Canada as well as improving travel trends in the Middle East.

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Oracle Looks to Raise $20 Billion to Fund AI Ambitions

The software company is selling $10 billion in common stock and $10 billion in bonds, according to separate filings with the Securities and Exchange Commission.

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Fox Profit Increases as World Cup, Election Boost Ad Sales

Fox CEO Lachlan Murdoch said that a recent decline in ratings at Fox News isn’t indicative of a deeper problem at the network.

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Trump Family-Linked Mining Venture Aims to Go Public in $2 Billion Deal

The firm that will become Kaz Resources has secured letters of interest for up to $1.6 billion in U.S. funding, drawing scrutiny from Sen. Elizabeth Warren.

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Estee Lauder Posts Higher Profit, Sales

The Estee Lauder Companies reported higher profit and sales in its fiscal first quarter, as the company’s turnaround continues to bear fruit.

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Ryanair Looks to Cut Costs to Counter Higher Fuel Bill

The Dublin-based airline group said it is is looking at airport negotiations, maturing labor agreements, lower crewing ratios and using AI to drive efficiencies.

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Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack

The exchange says it has replaced roughly 95% of the stolen assets thus far.

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Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada

A Blackstone-led group has agreed to invest $3.1 billion in Mitsubishi Corp.’s interest in a natural-gas liquefaction project in Canada.

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Alstom Shares Plunge After Technical Issues Prompt Guidance Cut

The French train maker said technical issues related to the Coradia Max high-capacity regional trains surfaced, delaying production of the platform in the first quarter.

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Micron Stock Needs Markets to Clear These 3 Hurdles

There wasn’t an obvious catalyst driving shares higher, but they were probably just benefiting from a broader market rebound.

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Investors Are Betting a Blue Wave Will Help Hospitals. Don’t Count on It.

Markets are anticipating a reversal of Trump’s Medicaid cuts. That may be easier said than done.

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The Shopping Bots Are Coming for Amazon

The biggest U.S. company by revenue has dominated e-commerce, but a potential rival is emerging.

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Judge Dismisses Trump’s Lawsuit Against Wall Street Journal Publisher Again

The ruling tosses the president’s claims that he was defamed by an article about a birthday letter to Jeffrey Epstein.

(END) Dow Jones Newswires

November 02, 2026 11:15 ET (16:15 GMT)

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