Dow Jones Top Company Headlines at 7 am ET: Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment Round | Novartis ...

Dow Jones
Sep 08

Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment Round

The French artificial-intelligence startup said it had raised $3.48 billion from a pool of existing investors such as Samsung and ASML Holding, as well as new backers.

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Novartis Stock Drops After Another Trial Setback

The failure of a neuromuscular treatment is a blow to the drugmaker's efforts to revive its growth prospects.

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Boston Scientific Won't Meet Guidance Due to Cyberattack

Boston Scientific said it likely won't meet its financial guidance due to the cyberattack that has disrupted its operations, sending shares of the medical-technology company down sharply in premarket trading.

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EverBank to Combine With WaFd to Create $75 Billion Bank

Florida-based EverBank Financial has reached a deal to pursue a reverse merger with the smaller bank in the Pacific Northwest.

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Robinhood Wins a New Role in the Oura IPO: Underwriter

Playing an official part in the IPO process could give Robinhood more influence over the number of shares allocated to its customers.

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Amazon Plane Crash Probe Examines Aircraft Speed, Runway Safeguards

The NTSB chairwoman said the Boeing jet careened 1,300 feet off the runway, hitting a van with seven people.

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Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring Them

The major auto parts maker landed in hot water with authorities as young people in the country face a bleak job market.

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The World Can't Get Enough of These Japanese Sneakers

Onitsuka Tigers are having a moment as a weak yen and classic looks lure tourists to Tokyo stores.

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A $2,000 iPhone is coming soon as Apple aims for high-end buyers

Apple's launch event on Wednesday is likely to feature the iPhone 18 and 18 Pro - as well as a foldable iPhone Ultra with a starting price near $2,000.

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How Nvidia's Investment Juggernaut Can Jump from Big to Enormous

Nvidia has big investments in Intel, SpaceX and many more public companies. But its stakes in OpenAI and Anthropic are the real prize.

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Volkswagen Factory to Become Defense Plant in Deal With Israel's Aurelius

Under the deal, investment company Aurelius would take over the plant as majority owner, together with the state of Lower Saxony.

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CXMT Highlights Smartphone, AI Advances as Market Share Climbs

The Chinese memory-chip maker sought to reassure investors that it is gaining ground in higher-end memory markets, citing advances in smartphone and artificial-intelligence technologies.

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Novo Nordisk Says Wegovy Shot Helped Children Lose Weight in Trial

The Danish drugmaker said the clinical trial met its primary goal after 68 weeks of treatment.

 

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