Dow Jones Top Company Headlines at 11 PM ET: Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China | Intel …

Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China

The unusual arrangement follows Nvidia CEO Jensen Huang’s meeting with President Trump.

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Intel CEO Singled Out By Trump to Visit White House on Monday

Lip-Bu Tan is set to meet with the president, who last week called for Tan’s removal.

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Activist Investor to Push Avantor to Make Changes or Sell Itself

Engine Capital has a roughly 3% stake in the life-sciences company.

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Inside Target, Frustrated Employees and the Search for a New CEO

Target, needing to revive sales and boost morale, is searching for its next leader.

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How Warby Parker Has Kept the Price of Glasses at $95 for 15 Years

The eyewear brand is betting it can mitigate tariffs and other costs with recent increases on more expensive offerings.

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Everyone’s worried about the economy, but executives have been talking less about a recession

Earnings Watch: There’s a quieter week ahead, with results due from Cisco and WeightWatchers, and executives on quarterly earnings calls have talked about a recession a lot less over the last 2 months.

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Remote Work Comes to Piloting Ships

A Danish test that lets maritime pilots remotely guide vessels from shore is the latest step in the evolution of shipping technology.

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Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market

The company reported revenue growth for the second quarter but saw its stock price drop.

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Two Big TV Broadcasters in Advanced Deal Talks

A deal between Nexstar and Tegna could be a litmus test for the FCC’s deregulation push

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Trump Preparing IPO for Fannie Mae and Freddie Mac Later This Year

Some officials believe the offering could raise around $30 billion and value the combined firms at roughly $500 billion or more.

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Wendy’s Cuts Outlook as U.S. Sales Falter

Wendy’s lowered its full-year earnings and sales guidance after reporting declining revenue in the second quarter tied to weakness among its U.S. restaurants.

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Lyft Bets on Robotaxis to Drive Revenue Growth

Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ride-sharing company works to scale its robotaxi presence.

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Under Armour Expects Struggles to Continue as Tariffs Dent Results

The sportswear company reported a drop in first-quarter profit and guided for steeper declines in the current quarter. It also said it expects tariff headwinds to cut its fiscal-year profit in half.

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How Intel’s CEO Helped Create China’s Chip Industry

Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions running high, those investments no longer look so benign.

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Heartflow Stock Soars 50% Above IPO Price in Latest Hot Debut

Medical imaging company Heartflow rose nearly 50% on its first day, joining Firefly, Figma, and Circle as big IPO gainers.

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Boeing’s $4.7 Billion Spirit AeroSystems Deal Cleared in U.K.

Officials said they wouldn’t open an in-depth probe into Boeing’s deal to acquire the fuselage maker, effectively clearing the transaction.

(END) Dow Jones Newswires

August 10, 2025 23:15 ET (03:15 GMT)

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