Dow Jones Top Company Headlines at 1 AM ET: Standard Chartered Quarterly Net Profit Jumps, Raises Income Guidance | SK ...

Standard Chartered Quarterly Net Profit Jumps, Raises Income Guidance

The bank raised its income guidance for 2026, projecting operating income growth above 5%-7% at constant currency terms, excluding notable items

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SK Hynix Plans $75 Billion in Shareholder Returns After Blockbuster Earnings

The South Korean memory-chip maker reported that its net profit more than tripled in the third quarter, while revenue and operating profit hit record highs for a sixth straight quarter.

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China's Car Industry Is Wowing the World-but Crashing at Home

Domestic sales have plunged, but the state-supported sector's needed shakeout hasn't begun. "There's a lot of sorting that's going to happen," said GM CEO Mary Barra.

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Visa Reports Higher Profit on Payment Volumes, Transactions Growth

The payments company reported a profit of $6 billion in the fourth quarter, boosted by an increase in payment volumes and processed transactions.

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Seagate Posts Soaring Profit on Continued Data-Storage Demand

The artificial-intelligence infrastructure build-out continues to drive demand for the company's data-storage components.

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Baker Hughes Revenue Lifted by Growing Demand From Energy, Industrial Markets

The energy company, however, reported a lower third-quarter profit of $411 million, or 41 cents a share, compared with a profit of $609 million, or 61 cents a share, a year earlier.

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Kalshi Adds New Safety Measures for Young Traders

Kalshi is instituting a default monthly deposit limit of $2,500 for 18- to 20-year-olds in its prediction market.

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America Needs Explosives for Its Drones. This Startup Is Making Them.

Odin Energetics, a new Peter Thiel-backed company, is rebuilding a supply chain that has withered in the decades since World War II.

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Chip-Equipment Supplier ASM International Lifts Guidance Again Amid AI Spending Frenzy

The Dutch group said revenue next year should exceed $6.37 billion as companies invest heavily in chips to keep up with soaring demand for artificial intelligence.

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Cheesecake Factory Logs Higher Revenue After Double-Digit Growth at Namesake Restaurants

The company's revenue rose to $1.03 billion in the third quarter, driven by a 15.2% increase in comparable restaurant sales at its namesake brand.

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Boeing Turnaround Shows Progress but Commercial Unit Sputters

Boeing booked an overall loss of $116 million, compared with a $5.34 billion loss a year earlier, while total revenue grew about 4% to $24.19 billion..

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Coca-Cola Raises Outlook as Increased Volumes, Prices Boost Results

Coca-Cola raised its forecast for the year after higher volumes and prices lifted results in the latest quarter.

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HCA Healthcare Profit Slips but Revenue Rises

The operator of healthcare facilities on posted net income of $1.58 billion, compared with $1.64 billion in the same quarter a year ago.

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Corning Profit Surges on AI Demand

Corning's third-quarter net income rose amid torrid demand for fiber-optic materials from the artificial-intelligence buildout, a boom the company expects to lift adjusted earnings in the fourth quarter.

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GM Moving Stock Listing to Nasdaq From NYSE

General Motors is moving its stock listing to Nasdaq from the New York Stock Exchange, becoming the latest marquee name to make the jump from the Big Board to its younger rival.

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Centene Lifts 2026 Guidance as Medicare Cost Controls Offset Lower Membership

For third quarter, the healthcare company reported a net loss of $71 million, or 14 cents a share, compared with a loss of $6.63 billion, or $13.50 a share, a year ago.

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UPS Raises Outlook as Revenue Climbs

The carrier said it expects full-year adjusted earnings of $7.28 a share, up from a prior forecast of $7.22 a share and ahead of the $7.19 a share that analysts polled by FactSet expected.

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Smithfield Foods Cuts Sales Forecast on Soft Pork Demand

For the third quarter, Smithfield Foods posted a profit of $91 million, or 23 cents a share, compared with a profit of $252 million, or 63 cents a share, a year earlier.

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SoFi Lifts Outlook After Memberships and Lending Grow

The financial services company said it now expects to post adjusted earnings of 61 cents a share for 2026 with adjusted revenue anticipated at $5.04 billion.

(END) Dow Jones Newswires

October 28, 2026 01:15 ET (05:15 GMT)