Dow Jones Top Company Headlines at 7 AM ET: Deere Sales Rise as Construction Growth Offsets Agriculture Weakness | AMD ...

Dow Jones05-21 19:00

Deere Sales Rise as Construction Growth Offsets Agriculture Weakness

Deere posted higher fiscal second-quarter sales as growth in the company's construction equipment business helped to offset weakness in its production agriculture segment.

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AMD to Invest More Than $10 Billion in Taiwan's Chip Industry

The U.S. chip maker will tap the Taiwanese industry's expertise in high-performance computing.

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U.S. to Award Quantum Computing Firms $2 Billion, Take Equity Stakes

The Trump administration hopes to spur 'a new era of American innovation,' Commerce Secretary Howard Lutnick says.

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Even at $5 Trillion, Nvidia Is Underappreciated

Competition is growing, but the AI chip maker's sluggish stock doesn't give enough credit for its strong position.

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Generali Posts Lower Net Profit, Hit by Market Volatility

The insurer cited the impact of financial market volatility on the value of investments, as well as to a one-off tax payment in France.

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Tesla Announces Rollout of Fully Self-Driving Tech in China

The move follows years of efforts to get approval and comes on the heels of Elon Musk's visit to Beijing.

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Amgen Drug Gets New Warnings in Japan After Patient Deaths

The Japanese drugmaker that sells rare-disease medicine Tavneos said new patients will be able to get the drug, which carries risk of liver injury.

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NIO Back in Red Despite Robust First-Quarter Sales

Chinese EV maker NIO's sales doubled in the first quarter, but that wasn't enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.

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Australia's Arafura to Build $1.6 Billion Rare-Earths Project

The planned mine could supply roughly 4% of the world's neodymium and praseodymium, critical minerals used in permanent magnets for electric vehicles, wind turbines and fighter jets.

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Nvidia Rides Blistering Chip Sales to Another Record Quarter

The astronomical rise in AI agents and demand for data-center computing lift chip maker to $82 billion in first-quarter revenue.

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SpaceX Fires Starting Gun on Its Blockbuster IPO

The Elon Musk-led company filed an investor prospectus for a stock offering expected to raise potentially $80 billion or more as soon as mid-June.

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Mind-Blowing Growth Is About to Propel Anthropic Into Its First Profitable Quarter

The startup expects a 130% revenue surge to $10.9 billion in the June quarter and its first operating profit, defying skeptics of the AI boom.

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Apartment Owners AvalonBay and Equity Residential Agree to Merge

AvalonBay and Equity Residential have agreed to a merger, creating a multifamily real-estate giant worth more than $50 billion.

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Urban Outfitters Sales Climb on Growth Across All Segments

Urban Outfitters logged higher sales in its latest quarter, citing particularly strong performance for its Free People business across both retail and wholesale.

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OpenAI Is Preparing to File for an IPO Very Soon

The artificial-intelligence giant is working with bankers at Goldman Sachs and Morgan Stanley.

 

(END) Dow Jones Newswires

May 21, 2026 07:00 ET (11:00 GMT)

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