Amazon Is Joining the Dow Jones Industrial Average

The online retail giant will succeed Walgreens in the storied stock index. 


 
Planet Fitness Former CEO Rondeau Resigns From Board After Layoffs

The company said in a filing that Rondeau's resignation is believed to be because of disagreements since he stepped down from the top job in September. 


 
Palo Alto Networks' stock tanks 21% as latest push comes with growing pains

The cybersecurity company came up short with its forecast for the current quarter and trimmed its full-year outlook. 


 
FuboTV Sues to Block ESPN, Warner and Fox Sports-Streaming Service

The lawsuit claims the companies behind the planned platform have forced Fubo "to broadcast unwanted, expensive content." 


 
Nvidia Loses $78 Billion in Market Cap

Nvidia shed $78 billion in market cap on Tuesday, its largest one-day decline in valuation on record, according to Dow Jones Market Data. 


 
National Australia Bank's First-Quarter Profit Fell

The bank said first-quarter revenue grew by 1% when compared with the average of the prior two quarters. 


 
Woolworths Posts Large Half-Year Net Loss, CEO to Retire

Australian grocer Woolworths reported a large half-year loss, reflecting various one-time writedowns, and said that its longtime chief executive would retire. 


 
Orica to Buy U.S. Sodium Cyanide Producer Cyanco for $640 Million

Australian chemicals company Orica has agreed to buy U.S. sodium cyanide producer Cyanco from an affiliate of Cerberus Capital Management for $640 million. 


 
Rivian Hires New Marketing Leader as It Prepares to Unveil First Economy Line

Meta and Amazon veteran joins the EV startup, which will soon take reservations for its key R2 lineup. 


 
Home Depot Sees Another 'Year of Moderation' for Home Improvement

Home Depot posts its first annual sales drop since 2009 and says comparable sales are expected to fall 1% in the current fiscal year.


(END) Dow Jones Newswires

02-20-24 2115ET