Dow Jones Top Company Headlines at 3 AM ET: Alibaba Earnings Are Coming. AI, Price Wars, and Tariffs Could Leave Their Mark. | Cambricon …
Alibaba Earnings Are Coming. AI, Price Wars, and Tariffs Could Leave Their Mark.
Alibaba, often seen as a bellwether for the Chinese economy, has seen shares outperform the Chinese stock market this year, rising more than 40%.
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Cambricon Technologies Warns of Trading Risks After Stock Surges
The chip maker overtook liquor maker Kweichow Moutai as China’s most valuable stock this week.
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Caterpillar Says Higher Tariff Costs May Reach $1.8 Billion
The construction and mining manufacturer is now expecting tariffs to have a greater impact on its finances.
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Gap Expects Stronger Headwinds From Tariffs This Fiscal Year
The apparel company forecast larger ripples from tariffs this fiscal year given recent changes in trade policy, but said it expects to mitigate any added costs over time.
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Marvell’s stock is falling as its earnings didn’t live up to the AI hype
The chip company said its record revenue of $2 billion was driven by AI demand for its custom chips, but Marvell didn’t deliver upside on its top line.
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Petco Boosts Earnings Outlook, Swings to Profit
The pet-products retailer raised its full-year earnings outlook after swinging to a profit in its latest quarter as its turnaround progresses.
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Ulta Beauty Lifts Fiscal-Year Guidance as Second-Quarter Profit, Sales Rise
The cosmetics and fragrances retailer boosted its guidance for the fiscal year.
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Autodesk Bumps Up Guidance as Sales Jump
The company, which provides AutoCAD and other design software, logged double-digit sales growth in its latest quarter, helped by strong demand for its architecture, engineering, construction and operations software.
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Affirm Swings to Profit as Top Merchants Boost Volume
The buy now, pay later company saw gross merchandise volume at its top five merchants and platform partners increasing 41%.
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With Outcome Uncertain, UAW Claims Battery Plant Win
A contest over United Auto Workers union representation at a Kentucky EV battery plant of Ford Motor joint-venture BlueOval SK is coming come down to a handful of disputed ballots.
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Hormel to Raise Prices, Citing Costlier Pork, Beef and Nuts
The Spam maker is the latest company to warn of higher prices for food and household goods. Rising commodity costs led it to reduce its profit outlook.
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Dick’s Sporting Goods Lifts Outlook as Sales Climb
The retailer raised its full-year guidance after a strong first half as it comes within weeks of acquiring Foot Locker, though a softening of its gross margin outlook weighed on shares.
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Lawmakers Press UnitedHealth on Hack Loan Repayments
The senators probe tactics the healthcare giant used to collect debts after a 2024 cyberattack.
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Stada Eyes IPO in Autumn if Conditions Are Right
The German pharmaceutical company is backed by private-equity firms Bain Capital and Cinven.
(END) Dow Jones Newswires
August 29, 2025 03:15 ET (07:15 GMT)
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