Dow Jones Top Company Headlines at 11 PM ET: Investor Ed Garden Builds Stake in Fortune Brands, Seeking New CEO | Nvidia ...

ForkLibertarian · 2026-02-23T08:31:26+00:00

The article reports on various business developments, including Ed Garden's investment in Fortune Brands, Nvidia's return to the consumer PC market, and Trump's pressure on Netflix. Other highlights cover industry challenges faced by companies like LyondellBasell and Danone's sales forecast.

ForkLibertarian

2026-02-23 08:31:26

Abstract generation in progress

Investor Ed Garden Builds Stake in Fortune Brands, Seeking New CEO

Garden believes the company behind Moen faucets and Master Lock could grow much larger over the next decade.

 ----

Nvidia Wants to Be the Brain of Consumer PCs Once Again

The move marks a return to the consumer PC market for the leader in AI chips.

 ----

Trump Demands Netflix Oust Susan Rice From Board

The president’s comments come as Netflix tries to secure a deal and antitrust approval to buy Warner’s studios and the HBO streaming service.

 ----

OpenAI Employees Raised Alarms About Canada Shooting Suspect Months Ago

The ChatGPT maker opted against informing Canadian authorities about Jesse Van Rootselaar’s descriptions of violence last June.

 ----

Microsoft’s Head of Gaming to Retire After 38 Years at Company

Phil Spencer oversaw the acquisitions of Minecraft and Activision Blizzard, but has struggled to keep Xbox competitive with rivals.

 ----

Google Is Exploring Ways to Use Its Financial Might to Take On Nvidia

As more AI companies consider Google’s chips, the company wants to use deals with external partners to expand the potential market.

 ----

GE Just Hit Another Record. No One Noticed.

The three GEs have never been worth more. It’s been decades since investors could say that.

 ----

Tesla Stock Wobbles After Musk Launches Cheaper Cybertruck. There’s a Concern.

Tesla is now offering an all-wheel drive version of its Cybertruck starting at less than $60,000.

 ----

Software Stocks Are Finally Stabilizing. They Could Bounce Back.

Any trader that wants large gains must take some risk. The risk is worth taking in software right now.

 ----

LyondellBasell Slashes Dividend as Industry Challenges Persist

LyondellBasell’s board has roughly halved the chemical company’s rich dividend amid a prolonged industry downturn.

 ----

Boaz Weinstein Is Hunting Blue Owl’s Funds

The hedge-fund manager is adding private credit to his crusade against funds sold to individual investors.

 ----

Danone Forecasts Steady Sales Growth, Limited Hit From Infant-Formula Recalls

The French food maker projects steady sales growth for the year ahead and a muted impact from infant-formula recalls.

 ----

Starbucks Needs You to Buy an Afternoon Refresher

Investors are again valuing the coffee chain like a growth stock, betting it can make a comeback.

 ----

First Brands Lender Onset Says It Was Misled by Auto-Parts Supplier

The financing firm countersued First Brands, saying the bankrupt company owes it more than $2 billion.

(END) Dow Jones Newswires

February 22, 2026 23:15 ET (04:15 GMT)

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.