Section
Business news, M&A, corporate strategy, and industry analysis
Fidelity is cutting 800 tech jobs while hiring 3,300, joining Coinbase, Cloudflare, BILL, Upwork, and Meta in a May layoff cascade that pushes 2026's tech-sector cuts above 128,000. The labor side of the AI capex trade.
Cloudflare cuts 1,100 jobs, ~20% of staff, framing the layoffs as an "agentic AI"…
HawkEye 360 priced at the top of range, raised $416 million, and surged 28…
Disney's first earnings under CEO Josh D'Amaro: $25.2B revenue, streaming operating income up 88%,…
Amazon Pharmacy is selling Novo Nordisk's Ozempic pill at One Medical kiosks for $149…
Apple posted a record March quarter with $111.2 billion in revenue, EPS of $2.01,…
Bitcoin printed an $80,000 handle for the first time since January as Project Freedom…
Palantir reports first-quarter earnings tonight with options pricing a 10% post-print swing. Wall Street…
GameStop's $125-per-share unsolicited bid for eBay puts $56 billion in play. Ryan Cohen has…
Elon Musk took the witness stand in Oakland Tuesday, accusing Sam Altman and OpenAI…
April 30 closed out the busiest earnings stretch of the year with a clear…
Eli Lilly crushed Q1 2026 estimates, with Mounjaro revenue up 125% to $8.7 billion…
Caterpillar shares surged more than 9% to a record high after Q1 earnings crushed…
