Morningstar
Dow Jones Top Company Headlines at 3 AM ET: AI Demand Extends TSMC's Record Earnings Streak | TotalEnergies ...
xCruzo Brief
A 3:15 a.m. ET roundup of Dow Jones Top Company Headlines highlights how AI spending continues to drive earnings and deal activity across sectors. TSMC’s net profit jumped 69%, extending its record earnings streak, supported by sustained demand for AI infrastructure. TotalEnergies said it expects “exceptional” downstream results after higher third-quarter refining margins. Anthropic reported quarterly revenue up 45% to nearly $17 billion ahead of its planned IPO next month. Apple also landed in a $5 trillion valuation club alongside Nvidia. Other items include YouTube expanding into audiobooks, Lufthansa winning a 49.9% stake in Portugal’s TAP, and Saudi Airlines moving planes amid Houthi missile threats.
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