Dow Jones Top Company Headlines at 1 PM ET: NYSE Owner to Invest Up to $2 Billion in Polymarket | South32 …

NYSE Owner to Invest Up to $2 Billion in Polymarket

The investment from Intercontinental Exchange could help the popular prediction market re-enter the U.S.

—-

South32 to Sell Down Trilogy Stake to Defense Department in Latest U.S. Mine-Stake Deal

South32 has agreed to sell roughly $17.8 million of stock in Trilogy Metals to the Defense Department as part of a deal for the U.S. to take a 10% stake in the Canadian mineral-exploration company.

—-

Wells Fargo Faces Activist Call for Independent Board Chair

The Accountability Board said in a proposal that Wells’ decision to remove the requirement from its bylaws this year was short-sighted.

—-

Dell Lifts Long-Term Growth Targets on Surging AI Demand

Dell Technologies raised its long-term financial targets, citing its ability to capitalize on surging demand for artificial intelligence.

—-

BMW Sales Rev Up on U.S., Europe Demand

The German luxury-car maker, which houses its namesake brand as well as the Mini and Rolls-Royce marques and a motorcycles business, said strong sales growth in the U.S. and Europe offset a decline in China.

—-

McCormick Cites Consumer Demand for Higher Profit, Sales

McCormick & Co. logged higher profit and sales in its fiscal third quarter, boosted by ongoing demand for its products, though the company noted higher costs have eaten into its bottom line.

—-

Mercedes-Benz Vehicle Sales Hit by U.S. Tariffs, Difficult Chinese Market

Car and van sales fell in the third quarter, although they rose in the company’s home market of Germany, as tariff policies affected sales in the U.S. and China.

—-

Shell Sees Trading Boost in Its Integrated Gas Division, Higher Refining Margins

The energy giant expects significantly higher earnings from its integrated gas division, while a rise in refining margins will partially offset weaker oil prices.

—-

Anthropic and IBM Partner in Bid for AI Business Customers

The AI startup and enterprise tech giant team up to make Anthropic’s Claude models available to developers on IBM’s software.

—-

Jaguar Land Rover Sales Plunge Following Cyberattack

Jaguar Land Rover sales plunged in its fiscal second quarter after a crippling cyberattack forced it to shut down production for several weeks.

—-

Orsted Raises $9.4 Billion to Boost Coffers Amid U.S. Challenges

The capital raise allows the renewable-energy company to shore up its balance sheet after developments in the U.S. wind market disrupted its plans to sell assets.

—-

Big Banks Woo Trump for Roles on Blockbuster IPO

The planned Fannie Mae and Freddie Mac offering is prompting one of the strangest “bake-offs” ever.

—-

How AMD Came From Behind to Mount a Challenge in the AI Chip Wars

A pivot from videogames to data centers-and a new deal with OpenAI-has the chip designer on the road to a $1 trillion valuation.

(END) Dow Jones Newswires

October 07, 2025 13:15 ET (17:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.