Disney plans several thousand layoffs and asks some managers to cut costs by up to 20%
Disney is planning to cut several thousand jobs, according to people familiar with the matter. Some managers have been asked…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Shopify shares fall about 16% as gross merchandise volume misses estimates
Shopify shares dropped after its September-quarter report, even though revenue grew 32% and free cash flow 61%. Gross merchandise volume…
Anthropic’s amended S-1 shows nearly $17 billion Q3 revenue and a $567 million operating loss
Anthropic's amended S-1 shows third-quarter revenue of nearly $17 billion, but compute costs pushed the company back to an operating…
Oracle files to sell $20 billion in new stock and bonds to fund AI buildout
Oracle filed to sell $10 billion in common stock and $10 billion in senior notes to fund its AI buildout….
Midterm election could reshape the outlook for defense, healthcare, crypto and AI stocks
The midterm election could change who holds leverage over companies that depend on Washington, especially in defense, healthcare, crypto and…
