Dow Jones Top Company Headlines at 3 AM ET: Shell's Refining Margin Surges to Record | A ...
Dow Jones2026/10/07 07:00Shell's Refining Margin Surges to Record Refining margins came in at $42 a barrel in the third quarter compared with $24 a barrel in the second, driven by volatility stemming from the conflict in the Middle East. ---- A High-Stakes Gambit Clinched Paramount's Warner Deal David Ellison's megadeal combining Paramount and Warner Bros. closed Tuesday, ushering in a new era for Hollywood. ---- LG Electronics' Preliminary Earnings Disappoint The South Korean consumer-electronics company has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems. ---- Jaguar Ditches the Pink Branding in Unveil of Its Big, Sleek Type 01 EV Long-promised vehicle will start around $130,000 in the U.S. as Jaguar aims to sell fewer cars at higher prices. ---- 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. ---- 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. ---- FlyDubai Attacker Was Part of Pilot Hiring Spree at Fast-Growing Airline Authorities and industry insiders are now questioning whether the airline's fast growth contributed to last week's near catastrophe. ---- 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%. ---- 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. ---- AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO The Nvidia-backed company is targeting an IPO in 2027. ---- Skydance's Ambitious Goals Face a Steep Road Skydance fa
Shell's Refining Margin Surges to Record
Refining margins came in at $42 a barrel in the third quarter compared with $24 a barrel in the second, driven by volatility stemming from the conflict in the Middle East.
----
A High-Stakes Gambit Clinched Paramount's Warner Deal
David Ellison's megadeal combining Paramount and Warner Bros. closed Tuesday, ushering in a new era for Hollywood.
----
LG Electronics' Preliminary Earnings Disappoint
The South Korean consumer-electronics company has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems.
----
Jaguar Ditches the Pink Branding in Unveil of Its Big, Sleek Type 01 EV
Long-promised vehicle will start around $130,000 in the U.S. as Jaguar aims to sell fewer cars at higher prices.
----
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.
----
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.
----
FlyDubai Attacker Was Part of Pilot Hiring Spree at Fast-Growing Airline
Authorities and industry insiders are now questioning whether the airline's fast growth contributed to last week's near catastrophe.
----
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%.
----
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.
----
AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO
The Nvidia-backed company is targeting an IPO in 2027.
----
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.
----
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%.
----
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.
----
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.
(END) Dow Jones Newswires
October 07, 2026 03:00 ET (07:00 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.
You may also like
NEWMARK GROUP INC <NMRK.O>: KBW CUTS TARGET PRICE TO $16 FROM $17.50
NEWMARK GROUP INC : KBW CUTS TARGET PRICE TO $16 FROM $17.50
VALERO ENERGY CORP <VLO.N>: JEFFERIES CUTS TARGET PRICE TO $394 FROM $401
VALERO ENERGY CORP : JEFFERIES CUTS TARGET PRICE TO $394 FROM $401
Gold prices rise Rs 1,500/10g; silver up Rs 3,100/kg ahead of US economic data, softer yields. Buy, sell or hold?
The Shopify Stock Rally Isn't Done: Chart of the Week -- Barrons.com
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