Dow Jones Top Company Headlines at 1 PM ET: Google Discloses $94.1 Billion in SpaceX Stock, Marking 6% Stake | American ...

Dow Jones Top Company Headlines at 1 PM ET highlighted major corporate disclosures and earnings-related updates across tech, airlines, defense, retail, and telecom. Google disclosed $94.1 billion in SpaceX stock, representing a 6% stake; the filing said its marketable equity securities include $80 billion in short-term restricted shares and $14.1 billion restricted through 2027. American Airlines cut guidance after the latest surge in jet fuel prices, projecting an adjusted loss for the current quarter. Comcast reported lower profit and narrowed domestic residential broadband subscriber losses, losing about 167,000 customers in the second quarter. Lockheed Martin raised its full-year outlook on continued expansion of munitions production after second-quarter profit rose. Other items included Albertsons cutting its sales outlook as shoppers grow cautious, Union Pacific logging higher profit and revenue, and Norfolk Southern reporting higher revenue as demand trends improve. RTX raised its full-year forecast on robust demand and higher backlog, while Freeport-McMoRan posted a beat on rising copper prices.