Dow Jones Top Company Headlines at 1 AM ET: Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business | Why ...

Google is leveraging its financial strength to build a rival AI chip business, mirroring Nvidia's strategy. Meanwhile, Apple faces challenges in the memory market due to the AI boom. Chinese autonomous-driving firm Momenta targets a $1B Hong Kong IPO with a $9B valuation. SpaceX received stable credit ratings from major agencies. Accenture shares dropped 18% on lowered revenue guidance. Moderna's flu vaccine advisory committee recommended approval. Take-Two Interactive announced GTA VI preorders start June 25. CME sued to block Kalshi's 'perp' futures. Reformation prepares for an IPO. BHP flagged a $2.3B potash write-down. Kroger reported costs outpacing sales. Waymo recalled over 3,800 robotaxis due to construction zone navigation issues. Private credit withdrawals are expected to persist.