Dow Jones Top Company Headlines at 5 PM ET: Qualcomm Revenue Falls as Handset Slowdown Offsets Automotive Gains | AstraZeneca ...

Qualcomm Revenue Falls as Handset Slowdown Offsets Automotive Gains

The semiconductor company's fourth-quarter revenue fell 8% to $10.32 billion as a sharp rise in automotive chip sales was offset by declining handset revenue.

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AstraZeneca Made $10 Billion Offer for Rhythm Pharmaceuticals

Rhythm specializes in treatments for metabolic conditions and severe obesity.

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McDonald's Profit Climbs Despite Continued Sluggish Domestic Sales

McDonald's reported higher profit and revenue in the latest quarter, as solid performance across much of its international business offset continually sluggish sales in the U.S.

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Arm Holdings Sales Climb 27% on AI Demand

The semiconductor company said AI is driving strong demand for compute across cloud, devices and autonomous systems.

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FICO Declines to Share Guidance Amid Price Structure Change

The credit-score provider said it is transitioning its mortgage originations pricing structure to be tailored to the individual needs of customers, rather than a single flat fee.

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Snap Stock Falls Hard On Revenue Miss

Snap posted revenue of $1.72 billion, below analyst estimates of $1.73 billion, prompting a double-digit slide in the share price.

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Ethan Allen Shareholders Hand Board Control to Activist Investor Doug Bergeron

Bergeron said the new board will focus on strengthening corporate governance, returning to profitable growth, and selecting a successor to CEO Farooq Kathwari.

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Expedia Raises Outlook Following Higher Profit, Sales

The online travel agency now expects annual revenue to be $16.37 billion to $16.43 billion, up from its previous guidance of $16.05 billion to $16.22 billion.

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Datadog Says Lower Usage From Major AI Customer Is Weighing on Growth

Datadog's shares tumbled after its largest customer scaled back its usage, a move the data-security company said weighed on revenue growth in the recent period.

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Kraft Heinz Boosts Full-Year Sales View

Kraft Heinz bumped up its sales forecast for the year and said its turnaround plan is gaining traction.

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OpenAI to Bring Pierre Computer's Code Storage to Codex Through Acquisition

OpenAI said Pierre's open-source projects would remain freely available, and Code Storage customers would be able to use the tool post-acquisition while it is integrated into Codex.

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Uber's Revenue Growth Slows

Uber Technologies' revenue growth slowed further in the latest quarter on weakness in its core ride-hailing business.

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HP Taps Former GSK Executive Emma Walmsley as Next CEO

HP said Walmsley, who was at the helm of drugmaker GSK from April 2017 until the end of 2025, will join the Palo Alto, Calif., company on Jan. 4.

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Arms Maker Rheinmetall Slashes Guidance Again as Orders Face Delays

The company said it expected sales of roughly $14.77 billion in 2026, below prior guidance, due to procurement delays on lucrative contracts.

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Andersons to Buy Harvestone Low Carbon Partners for $915 Million

Andersons agreed to buy low-carbon ethanol producer Harvestone Low Carbon Partners for $915 million in a deal that expands the diversified agricultural company's renewables platform by more than 40%.

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CVS Raises Forecast on Health Care Benefits, Pharmacy Gains

CVS Health raised its full-year guidance on gains in its health-care benefits and pharmacy segments, but said it remains cautious amid high costs and potential macroeconomic headwinds.

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New York Times Revenue Rises on Digital Subscriber Gains

The New York Times Company's quarterly revenue gained as the company added digital subscribers at a faster clip.

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Applebee's Owner Dine Brands Logs Higher Sales, Profit Slips

The owner of Applebee's Neighborhood Bar + Grill and IHOP posted a third-quarter profit of $4.6 million, or 37 cents a share, compared with $7.3 million, or 48 cents a share, a year earlier.

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Meta Seeks to Raise $9.2 Billion in Debut Euro Bond Sale

The U.S. tech company is aiming the sale of four-year, six-year, eight-year, 12-year, 18-year and 38-year euro bonds.

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Wayfair Logs Profit as U.S. Sales Drive Revenue Growth

Wayfair swung to a third-quarter profit, driven by a surge in U.S. sales and its strongest pace of growth since the pandemic.

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Freeport-McMoRan Plans $4.5 Billion Arizona Mine Expansion

Freeport-McMoRan is planning a $4.5 billion expansion and modernization project at its Bagdad copper and molybdenum mine in northwest Arizona.

(END) Dow Jones Newswires

November 04, 2026 17:00 ET (22:00 GMT)