Dow Jones Top Company Headlines at 7 PM ET: Constellation Brands Profit Rises on Higher Beer, Spirits Sales | Google ...

Dow Jones2026/10/06 23:00

By:Dow Jones

Constellation Brands Profit Rises on Higher Beer, Spirits Sales Sales in Constellation's beer business, which includes Corona and Modelo, rose 5%, while its wine and spirits business saw a 17% increase in sales. ---- Google and Constellation Energy Strike a Sweeping Nuclear-Power Deal The deal is the largest-ever "uprate" project, one that squeezes more power out of existing reactors, between a nuclear-power provider and a tech company. ---- Fair Isaac to Cut About 15% of Workforce as Competition Intensifies The job cuts come as the company behind the FICO credit score faces new competitive pressure. ---- AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO The Nvidia-backed company is targeting an IPO in 2027. ---- Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants in the U.S., which generate over $2.5 billion in annual gross bookings. ---- Skydance's Ambitious Goals Face a Steep Road Skydance faces a tough task achieving its goals against a tough media and entertainment industry backdrop. Wall Street is taking a wait-and-see approach. ---- Becton Dickinson to Invest $19 Billion in U.S. in Exchange for Tariff Relief The move makes the needle- and medical-device maker the latest company to pledge to expand domestic manufacturing to secure an exemption from the Trump administration's tariffs. ---- Penguin Solutions' Memory Business Soars on AI Demand. Can Its Stock Rally Again? Penguin Solutions posted fiscal fourth-quarter earnings of $1 a share, a 133% year-over-year rise, and net sales of $567 million, up 68%. ---- Lamb Weston Says Cost-Saving Efforts Are Paying Off The french fry maker said profit and sales exceeded expectations in the latest quarter, citing strong demand and steps the company has taken to counter rising costs. ---- Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion The deal consists of $1.95 billion in cash and about 33.3 million new

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Constellation Brands Profit Rises on Higher Beer, Spirits Sales

Sales in Constellation's beer business, which includes Corona and Modelo, rose 5%, while its wine and spirits business saw a 17% increase in sales.

----

Google and Constellation Energy Strike a Sweeping Nuclear-Power Deal

The deal is the largest-ever "uprate" project, one that squeezes more power out of existing reactors, between a nuclear-power provider and a tech company.

----

Fair Isaac to Cut About 15% of Workforce as Competition Intensifies

The job cuts come as the company behind the FICO credit score faces new competitive pressure.

----

AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO

The Nvidia-backed company is targeting an IPO in 2027.

----

Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform

The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants in the U.S., which generate over $2.5 billion in annual gross bookings.

----

Skydance's Ambitious Goals Face a Steep Road

Skydance faces a tough task achieving its goals against a tough media and entertainment industry backdrop. Wall Street is taking a wait-and-see approach.

----

Becton Dickinson to Invest $19 Billion in U.S. in Exchange for Tariff Relief

The move makes the needle- and medical-device maker the latest company to pledge to expand domestic manufacturing to secure an exemption from the Trump administration's tariffs.

----

Penguin Solutions' Memory Business Soars on AI Demand. Can Its Stock Rally Again?

Penguin Solutions posted fiscal fourth-quarter earnings of $1 a share, a 133% year-over-year rise, and net sales of $567 million, up 68%.

----

Lamb Weston Says Cost-Saving Efforts Are Paying Off

The french fry maker said profit and sales exceeded expectations in the latest quarter, citing strong demand and steps the company has taken to counter rising costs.

----

Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion

The deal consists of $1.95 billion in cash and about 33.3 million newly issued Energy Transfer common units.

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Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth

EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.

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CD&R, McKesson to Acquire At-Home Infusion Therapy Provider for $5.8 Billion

Under the agreement, CD&R will hold a majority interest of about 51% in Option Care Health, while McKesson will hold about 49%.

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Mistral to Release New AI Model to Better Compete With U.S. Rivals

Mistral launched a public preview of the model on Tuesday and plans to release its trained parameters on Oct. 27.

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SoftBank-Backed DayOne Plans to Raise Up to $5 Billion in U.S. IPO

Singapore-based DayOne Data Centers plans to list its American depositary shares on the Nasdaq by the end of the year.

(END) Dow Jones Newswires

October 06, 2026 19:00 ET (23:00 GMT)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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By Doug Busch Shopify is no longer a pandemic-era growth story that simply failed to slow down. It is compounding at a pace few software platforms its size still manage. In the second quarter of 2026, sales on its platform rose 32%. That was the fifth straight quarter of growth exceeding 30%. Merchants are also using more of Shopify's own tools, from payments to Shop Pay, and new channels like AI shopping agents are starting to increase demand. The simple bull case is that the stock already commands a huge share of independent online commerce, and that position should become more valuable as more buying moves through its checkout. A rule of market mechanics is that the vast majority of an individual security's gain is driven by its underlying sector. Within technology, software has staged a robust recovery, joining semiconductors to power the broader sector higher. The iShares Expanded Tech-Software Sector ETF has maintained an upward trajectory since its mid-April lows, though the advance from $74 to $112 has been choppy as bulls repeatedly stepped in to defend when necessary. Breadth across large-cap software has expanded significantly, with 24 constituents surging over 20% over the past three months. During that same three-month window, Shopify generated outstanding relative strength, advancing 36%, more than doubling the IGV's 17% gain over the same period. Expect the stock's outperformance to persist as software momentum broadens. Let's examine the daily and monthly charts to outline the technical drivers behind this thesis. Looking at the daily chart, the ratio chart against the IGV shows persistent outperformance extending back to mid-May. The stock is riding an eight-session winning streak, during which price action cleared a double-bottom-with-handle pivot at $151.39. Within this broader base, the stock recorded a bullish golden cross in late August and successfully filled its Sept. 10 price gap, tracing back to its Aug. 4 session, the day before a powerful earnings reaction sent the stock surging 17% hi

Dow Jones•2026/10/09 03:10