Dow Jones Top Company Headlines at 5 PM ET: Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years | Intel ...
Dow Jones2026/10/29 21:00Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years
The online behemoth's net income topped $20 billion for the third quarter, but free cash flow plunged.
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Intel Shares Tumble on Lower Profit, Weak Guidance
The chip maker projected adjusted for the fourth quarter of 25 cents a share, on revenue between $15 billion and $16 billion. Analysts were expecting earnings of 45 cents a share on $17.29 billion of revenue.
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Starbucks Same-Store Sales Climb on U.S. Growth
The coffee-shop chain's same-store sales increased 7.2% in the fiscal fourth quarter, driven by higher average ticket values and an uptick in transactions.
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DoorDash to Buy Instacart for $17 Billion
DoorDash said the deal values Instacart at $65 a share.
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Polymarket Pauses Trading After Some Users Report Funds Drained
Traders who lost money on the incident will be 'made whole,' the prediction-markets platform said.
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Rivian Earnings Show There Is Still Life in the EV Market
The automaker's quarterly report was solid. Gross profit topped Wall Street estimates and vehicle sales were up.
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Mondelez Profit, Sales Rise on Emerging Market Growth
The company, which owns Oreo and Ritz, posted a profit of $1.31 billion in the third quarter, fueled by growth outside of its core North America and Europe business.
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Cleveland-Cliffs to Retain Stelco Amid Jobs Dispute With Canadian Government
Cleveland-Cliffs is ruling out selling Stelco until the business improves production and 175 laid-off workers return to their jobs, an effort Chief Executive Lourenco Goncalves said hinges on Canadians buying the company's steel products.
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Josh Kushner's Thrive to Buy ADT for $7.6 Billion
Thrive will pay $10 a share in cash for the home-security company, a 35% premium to Wednesday's closing price of $7.41.
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Chevron Is Back to Searching for Oil and Gas in Far-Flung Places
The company is riding financial and political tailwinds to further oil exploration and investment, while global conflicts crimp energy supplies.
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Universal Music Logs Higher Revenue as Subscriptions, Streaming Pick Up
The company's revenue increased to $3.78 billion in the third quarter as growth from subscriptions and streaming services showed signs of a rebound.
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Caterpillar Sales Jump on Growing AI Demand, But Wall Street Wanted More
Caterpillar said sales climbed in the latest quarter, though the increase failed to clear Wall Street's high expectations.
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Eli Lilly Revenue Climbs on Demand for Obesity Drugs
The pharmaceutical company's third-quarter profit came in at $6.45 billion, or $7.22 a share, compared with $5.58 billion, or $6.21 a share, a year earlier.
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Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks
With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.
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Shell Maximizes Diesel Production During Supply Crunch
The British energy major ran its refineries hard in the third quarter to maximize diesel production during an unprecedented supply squeeze.
(END) Dow Jones Newswires
October 29, 2026 17:00 ET (21:00 GMT)
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