Cisco to Cut Over 4,000 Jobs, Redirecting Investments Towards Artificial Intelligence
Company
Earnings Typo Error Sends Lyft Stock on Wild Ride, Questions Raised
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JetBlue Shares Soar After Carl Icahn Discloses Stake
"JetBlue Airways saw its shares surge by over 15% following the revelation that corporate titan Carl Icahn had acquired a nearly 10% stake in the airline, branding it as undervalued. The disclosure of Icahn's significant investment has stirred the market, coming at a crucial juncture for JetBlue as it endeavors to navigate post-pandemic recovery and the fallout from a thwarted merger with Spirit Airlines. -
Diamondback Energy's $26B Acquisition to Create a New Global Oil Giant Valued at over $50B
"Diamondback Energy, an American shale oil and gas producer, has announced a colossal acquisition that could give birth to a new global oil behemoth.
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Uber Cuts 23% of HR Team as AI Spending Soars, Company Denies Automation Drove Layoffs
Uber Technologies has cut nearly a quarter of its human resources organization, eliminating 23% of employees in its People and Places division, as the ride-hailing giant pushes through a significant internal restructuring while simultaneously expanding its investment in artificial intelligence. 
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SpaceX Seeks Record $1.75 Trillion IPO Valuation, Targets $75 Billion Raise
SpaceX is preparing for what could become one of the largest initial public offerings in financial history, seeking a valuation of approximately $1.75 trillion and aiming to raise at least $75 billion as investors continue pouring capital into companies tied to advanced technology, communications infrastructure and artificial intelligence. 
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Marvell Soars Over 32% After Jensen Huang Calls Chipmaker the ‘Next Trillion-Dollar Company’
Marvell Technology shares surged nearly 30% Tuesday after Nvidia CEO Jensen Huang publicly described the semiconductor company as the "next trillion-dollar company," delivering a powerful endorsement that sent investors rushing into one of the fastest-growing beneficiaries of the artificial intelligence infrastructure boom. 
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Anthropic Files Confidential IPO After $965 Billion Valuation
Anthropic, the artificial intelligence startup behind the Claude chatbot, has confidentially filed for an initial public offering, positioning itself to become one of the largest technology listings in history and escalating its rivalry with OpenAI as the race for AI dominance accelerates. 
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Elon Musk’s $132 Billion Tesla Pay Package Reignites CEO Pay Gap Debate Across Corporate America
Elon Musk's staggering $132 billion compensation package from Tesla has intensified scrutiny of executive pay practices across Corporate America, arriving at a moment when average U.S. workers continue struggling with the lingering effects of inflation despite modest wage gains. 
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Pentagon and SpaceX Clash Over Starlink Costs During Iran War as Drone Operations Drive Prices Higher
The Pentagon and SpaceX clashed behind the scenes over the price of Starlink communications during the recent U.S. military campaign against Iran, exposing growing tensions between the Defense Department and Elon Musk's satellite empire as Washington becomes increasingly dependent on commercial space infrastructure for modern warfare. 
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FAA Houston Ground Stop Triggers United Airlines Travel Chaos With 834 Delays Worldwide
United Airlines faced mounting operational disruption over the weekend after the Federal Aviation Administration imposed an urgent ground stop at George Bush Intercontinental Airport, triggering widespread delays that rippled from Houston into Chicago and across the broader U.S. aviation network. 
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Meta Cuts Thousands More Jobs as Mark Zuckerberg Says AI Future ‘Isn’t a Given’
Meta CEO Mark Zuckerberg warned employees that success "isn't a given" as the social media giant pressed ahead with thousands of layoffs, deepened its investment in artificial intelligence and faced growing internal unrest over workplace data collection tied to AI training. 
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Walmart Warns High Gas Prices Are Squeezing Shoppers as Quarterly Revenue Climbs 7% to $177.8 Billion
Walmart warned Thursday that rising fuel costs and persistent inflation are beginning to weigh more heavily on American consumers, as the retail giant issued weaker-than-expected earnings guidance despite posting strong quarterly sales growth and continued momentum in e-commerce. 
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Nvidia Q1 Profit Jumps 140% as $75 Billion Data Center Boom Calms AI Bubble Fears
NVIDIA delivered another blockbuster quarter Wednesday, reporting a 140% jump in adjusted earnings and an 85% surge in revenue as explosive demand for artificial intelligence infrastructure helped ease growing concerns that the AI investment frenzy was becoming detached from economic reality. 
