Dow Jones Top Company Headlines at 5 AM ET: American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies | Airtel ...
Dow Jones2026/10/09 09:00American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter. ---- Airtel Money Shares Higher on Debut But Miss $7 Billion Valuation Shares in the African digital financial-services platform opened higher on its first trading day in London, but missed the targeted $8 billion to $9 billion valuation. ---- Scrapped IPO of Nvidia-Backed Company Points to Limits of AI Boom Australian cloud-computing firm Firmus Grid had sought a $30 billion valuation despite having only two operational data centers. ---- Porsche Deliveries Fell 16% in First Nine Months of Year Deliveries fell across all of its markets, with deliveries in its largest sales region of North America falling 13%. ---- Volkswagen Fined $1.3 Million by German Financial Watchdog The regulator said the automaker failed to disclose potentially market-moving news in a proper and timely manner. ---- For Walmart, Replacing Humans With Robots Is a Multibillion-Dollar Struggle Machines programmed to sort merchandise in warehouses hit kinks with cardboard boxes and turkeys. "We are kind of in this peak complexity." ---- SpaceX Makes Big Play to Become a Wireless Carrier Elon Musk's space company is buying spectrum licenses to help build a mobile network to compete with telecom giants. ---- Aritzia Raises Sales Outlook as U.S. Growth Accelerates The women's fashion retailer raised its full-year revenue outlook after U.S. sales surged 60% in its fiscal second quarter to C$779.4 million. ---- American Airlines Is the Worst for Bumping Passengers. Now It Says It Will Stop. The carrier, which was responsible for 60% of fliers who were involuntarily removed from flights, said test programs worked to curb the practice. ---- Trump Throws His Weight Behind Credit-Card Legislation Most Feared by Banks The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to po
American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies
The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter.
----
Airtel Money Shares Higher on Debut But Miss $7 Billion Valuation
Shares in the African digital financial-services platform opened higher on its first trading day in London, but missed the targeted $8 billion to $9 billion valuation.
----
Scrapped IPO of Nvidia-Backed Company Points to Limits of AI Boom
Australian cloud-computing firm Firmus Grid had sought a $30 billion valuation despite having only two operational data centers.
----
Porsche Deliveries Fell 16% in First Nine Months of Year
Deliveries fell across all of its markets, with deliveries in its largest sales region of North America falling 13%.
----
Volkswagen Fined $1.3 Million by German Financial Watchdog
The regulator said the automaker failed to disclose potentially market-moving news in a proper and timely manner.
----
For Walmart, Replacing Humans With Robots Is a Multibillion-Dollar Struggle
Machines programmed to sort merchandise in warehouses hit kinks with cardboard boxes and turkeys. "We are kind of in this peak complexity."
----
SpaceX Makes Big Play to Become a Wireless Carrier
Elon Musk's space company is buying spectrum licenses to help build a mobile network to compete with telecom giants.
----
Aritzia Raises Sales Outlook as U.S. Growth Accelerates
The women's fashion retailer raised its full-year revenue outlook after U.S. sales surged 60% in its fiscal second quarter to C$779.4 million.
----
American Airlines Is the Worst for Bumping Passengers. Now It Says It Will Stop.
The carrier, which was responsible for 60% of fliers who were involuntarily removed from flights, said test programs worked to curb the practice.
----
Trump Throws His Weight Behind Credit-Card Legislation Most Feared by Banks
The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to power rewards.
----
Taylor Farms to Curb Lettuce Sales From Mexico After Massive Cyclospora Outbreak
After thousands of foodborne illnesses this year, the produce giant will suspend some harvesting and processing during peak summer months.
----
Vance Says U.S. Will Suspend Microsoft and Other Firms From Green Card Program
The move comes as the Trump administration targets alleged abuses of immigration systems.
(END) Dow Jones Newswires
October 09, 2026 05:00 ET (09:00 GMT)
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