Dow Jones Top Company Headlines at 1 AM ET: California Expected to Seek TV Channel Sales From Paramount-Warner | Shein ...

California Attorney General Rob Bonta is expected to seek TV channel sales from Paramount-Warner, while also asking Paramount to commit to keeping its movie studio separate from Warner Bros., in the early-morning Dow Jones company headlines. The list also returns to major finance and tech moves: Shein is targeting a $27 billion valuation for its long-awaited Hong Kong IPO, saying proceeds will strengthen its technology infrastructure and global presence. Alibaba plans to raise $10.20 billion for AI investment through a share placement. In industry and labor news, UAW workers rejected Deere’s contract extension offer, setting up conflict into 2027. Meanwhile, Nvidia said it will spend $6 billion to build a U.S. alternative to Chinese AI ecosystems, and GM is facing a safety probe over alleged engine-failure concerns in nearly one million vehicles.