Dow Jones Top Company Headlines at 5 AM ET: TSMC Sees Limited Tariff Impact on AI Strength | How …

TSMC Sees Limited Tariff Impact on AI Strength

The chip maker’s chief executive reiterated confidence in the strength of AI-driven semiconductor demand.

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How Moderna Went From Pandemic Hero to Vaccine Victim

The biotech’s mRNA vaccines were lauded by the first Trump administration but now are caught up in government changes to vaccine rules.

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Toyota Group’s Real-Estate Arm Plans to Take Toyota Industries Private

Toyota Industries’ shares have risen sharply since late April, when the company said it had received various proposals, including one to take the business private.

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Meta to Challenge EU Tech Crackdown on Platforms

Meta’s lawyers go up against the European Commission on Tuesday to challenge having part of the company’s social-networking business included in the bloc’s Big Tech market crackdown.

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British American Tobacco Raises Outlook on Better-Than-Expected Revenue

BAT expects the U.S. to return to revenue and profit growth, driven by strengthening delivery in the combustibles category and the performance of its Velo Plus product.

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Universal, Warner and Sony Are Negotiating AI Licensing Rights for Music

The talks with AI startups concern how the labels-and their artists-would get paid for music’s use in generative AI models.

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Paramount Nominates Three New Directors, Sets July 2 Annual Meeting

The entertainment company is in the midst of negotiations to settle a lawsuit by President Trump against its CBS News division.

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Exactech Revises Bankruptcy Exit Plan Without TPG Legal Releases

Exactech’s plan would include a litigation trust, allowing injury claimants to seek damages from TPG.

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CrowdStrike Is Moving Into New Phase After Disaster. Watch Its Earnings.

The company will be looking to show continued strength after a bug in a software update by the information security provider disabled 8.5 million Windows PCs in July.

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Walt Disney Co. to Lay Off Hundreds

Walt Disney is laying off several hundred people globally across multiple divisions, including marketing for film and television, TV publicity, casting and development, and corporate financial operations.

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China’s AI industry is booming. Can Nvidia and other U.S. companies still get in on it?

Chinese cloud providers have been big buyers of U.S. artificial-intelligence hardware. Jefferies analysts are upbeat that the trend can continue despite trade-war pressures.

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Tesla sales plunge in France, showing Elon Musk may have a long way to go to restore the brand

Tesla’s sales have been under pressure in Europe, even after the rollout of a souped-up Model Y.

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Jamie Dimon Says He Isn’t Retiring Anytime Soon

The chief executive’s would-be successors will need to wait at least a few more years.

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Campbell’s Snack Business Struggles as Consumers Get Pickier About Food Spending

The maker of soups and snacks logged higher sales in its latest quarter and backed its full-year outlook, but it warned about tariffs.

(END) Dow Jones Newswires

June 03, 2025 05:15 ET (09:15 GMT)

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