Companies

Block has laid off nearly 40% of its workforce, reflecting the growing impact of AI on job markets.

Blackstone's co-founder Schwarzman reported a staggering income of $1.2 billion for 2025, mainly from dividends.

Amazon's major investment in OpenAI aims to boost its AI and cloud capabilities, easing investor concerns.

Paramount has successfully secured a $110 billion deal for Warner, outmaneuvering Netflix in a competitive Hollywood landscape.

Mass layoffs at Block, Amazon, and CrowdStrike raise significant concerns about the financial and career challenges for affected workers.

Netflix has canceled its acquisition of Warner Bros. Discovery's assets due to a competing offer from Paramount.

Block's shares surged 24% after announcing significant layoffs affecting nearly half of its workforce.

CoreWeave reported a massive revenue backlog of nearly $67 billion, driven by contracts with Meta and OpenAI.

Flutter, the parent company of FanDuel, reported disappointing fourth-quarter earnings with revenue guidance below expectations.

State Farm announced a $5 billion dividend, providing an average refund of $100 to its car insurance customers.

Capillary Technologies' shares fell 35% amid concerns over AI competition and weak Q3 performance.

Tejas Networks shares surged 26% following a major 5G contract with NEC Corporation.

Nintendo plans to sell approximately $1.9 billion in shares to reduce cross-shareholdings, with a potential buyback on the horizon.

Ola Electric's shares have plummeted 84% from their peak due to increased competition and regulatory challenges.

Yotta Data Services is set to build a $2 billion AI hub with Nvidia's GPUs, capitalizing on the growing demand from AI startups.

Dell shares surged 20% following strong fourth-quarter earnings, indicating effective management amid rising memory costs.

MoonPay and PayPal announced a partnership to launch a major framework for cryptocurrency transactions.

Paramount's bid to acquire Warner Bros. Discovery may face fewer regulatory hurdles now that Netflix is out of the running.

Employees at Warner Bros. Discovery express concerns over potential job losses and cultural clashes following Paramount's acquisition bid.

Economists are debating whether Jack Dorsey's significant job cuts signal a broader trend in the labor market due to AI advancements.

Jim Cramer provided an update on stocks related to the Fourth Industrial Revolution during a recent meeting.

Salesforce shares fell after a disappointing revenue forecast, despite announcing a $50 billion stock buyback plan.

Nvidia achieved its first $200 billion year, driven by AI investments, and expects continued growth.

Circle Internet reported a significant profit increase due to rising demand for its stablecoin, highlighting crypto market resilience.

Tejas Networks shares surged 10% after securing a major deal with NEC Corporation for 5G MIMO radios.

Sanofi Consumer Healthcare's shares jumped 14% following a 50% increase in Q4 profit and a dividend declaration.

Bharti Airtel announced a Rs 20,000 crore investment in its new NBFC, Airtel Money Limited, to strengthen its credit market presence.

Rolls-Royce shares rose 6% after raising its profit outlook to over £4 billion and announcing a share buyback plan.

Citigroup made a strategic investment in Japan's Sakana AI, reflecting the growing interest in AI technologies.

MP Materials selected Texas for a $1.25 billion rare earth magnet manufacturing facility, enhancing U.S. supply chains.

Papa John's announced the closure of 300 stores and a 7% reduction in corporate staff as part of a restructuring effort.

C3.ai has cut 26% of its workforce as the CEO acknowledges failures in financial performance and operational efficiency.

Walmart will pay $100 million to settle FTC allegations regarding deceptive practices related to delivery drivers.

Stellantis reported its first annual loss since 2021, citing a retreat from electric vehicle targets as a contributing factor.

eBay is laying off about 800 employees, representing 6% of its workforce, as part of a strategy to focus on key priorities.

Corning's stock price has surged over 70% this year, making it a top performer in the S&P 500 amid a historically high valuation.

Hedge fund Millennium has hired Erdit Hoxha from Goldman Sachs, enhancing its equities team as it manages $86 billion in assets.

Silicon Valley companies are investing $265 million to influence AI regulations in Congress and state legislatures.

AI firm Anthropic has reached a valuation of approximately $380 billion, surpassing the combined market cap of India's leading IT companies.

Lucid Motors sets ambitious production targets for 2026 despite missing earnings expectations.

Workday's stock drops significantly after the company issues weak revenue guidance and announces CEO Carl Eschenbach's departure.

Cava reports unexpected same-store sales growth, crediting its success to strategic menu pricing.

PayPal's stock rises nearly 7% following news of a potential acquisition by fintech startup Stripe.

Warner Bros is exploring a bid for Paramount, which could significantly alter the media acquisition landscape.

Spirit Airlines outlines its recovery strategy post-bankruptcy with a new deal with creditors.

Vedanta shares surged 5% after Bank of America upgraded the stock to 'Buy', citing a positive outlook for aluminium and silver prices.

HSBC reports a 7% drop in annual pre-tax profit but exceeds revenue estimates, indicating a need for improved capital ratios.

Waaree Energies plans to expand its US manufacturing to counteract the impact of a 126% solar import duty imposed by the US.

Santander aims for €20 billion in profit by 2028, focusing on customer growth and acquisitions in the US and UK.

Tata Consultancy Services is expected to announce a Rs 35 dividend and a share buyback, with a target price of Rs 3,593 from CLSA.

Stripe has reached a valuation of $159 billion following an employee tender offer, highlighting its strong market position.

Lowe's reported over 10% sales growth in the fourth quarter, outperforming expectations despite a sluggish housing market.

Zurich Australia is set to acquire ClearView Wealth for $295 million, expanding its financial services portfolio.

Deloitte plans to consolidate its EMEA network under a unified €20 billion practice, aiming for greater efficiency and collaboration.

HSBC reported an 11% increase in profit before tax in India, driven by strong corporate and institutional banking growth.

Home Depot reported weaker Q4 profits but announced an increase in dividends, reflecting a cautious outlook amid changing consumer spending.

Axon, the Taser-maker, saw its stock rise 18% as demand for its AI-driven software tools surged.

Walmart's stock fell 1.4% despite solid earnings, as the company provided cautious guidance amid a pullback in consumer spending.

TJX Companies forecasted muted annual sales and profit due to a decrease in consumer spending, indicating potential challenges ahead.

Netflix CEO Ted Sarandos is set to visit the White House for discussions regarding the Warner Bros. Discovery deal amid political pressure from President Trump.

Big Tech companies, including Amazon and Google, are scheduled to meet with President Trump to sign a pledge aimed at reducing data center power costs.

Retailer TJX has raised its price target following a record annual sales performance exceeding $60 billion.

John Lewis has canceled plans to build 10,000 homes due to shifts in the UK economic landscape and a slowdown in the property market.

FedEx is suing the U.S. government for a refund of tariffs deemed illegal by the Supreme Court.

JPMorgan's CEO Jamie Dimon reassured investors about the positive impact of AI on the bank's operations.

Uber is acquiring parking app SpotHero to expand its services beyond ride-hailing.

IDFC First Bank's stock dropped 16% following a fraud discovery, raising concerns about its stability.

Bharti Airtel plans to invest ₹20,000 crore in its new NBFC, Airtel Money, to enhance financial services.

MobiKwik shares surged 13% after its subsidiary received BSE approval to start stock broking operations.

Home Depot exceeded fourth-quarter earnings expectations despite a decline in sales, marking a turnaround.

Citi announced a $2.5 billion deal to sell 24% of Banamex to investors, marking a significant restructuring move.

Renault has taken full ownership of its electric LCV joint venture, Flexis, signaling a strategic shift towards electric vehicles.

Schaeffler India announced a Rs 35 per share dividend following a 36% YoY rise in Q4 net profit.

Standard Chartered India reported a 15% increase in profit before tax to $542 million for 2025.

Spirit Airlines plans to reduce its flights and fleet as part of a strategy to emerge from bankruptcy by late spring or early summer.

Charter Communications is expanding its fiber internet network to enhance service availability.

Valvoline has added 200 stores and reported an 11% sales growth, despite a significant stock sell-off by one fund.

Wells Fargo has lowered its price target on PayPal Holdings, reflecting concerns over the company's performance.

Novo Nordisk's CagriSema obesity drug trial results fell short compared to Eli Lilly's Zepbound, raising concerns about its market potential.

Apple plans to shift some Mac Mini production to the U.S. as part of a broader $600 billion commitment to enhance domestic manufacturing.

Google is set to build a new data center in Minnesota, incorporating solar and wind power to minimize costs for local ratepayers.

Home Depot reported its best quarter of 2025, with expectations for continued improvement despite challenges from high interest rates.

Two portfolio companies announced dividend hikes, prompting an increase in price targets for investors.

Cybersecurity stocks are experiencing a sell-off due to fears that AI could disrupt software companies following the release of a new tool by Anthropic.

IDFC First Bank's shares dropped 16% following the discovery of a Rs 590 crore fraud at its Chandigarh branch, leading to the suspension of four officials.

UPL's shares fell 10% after a restructuring announcement and a downgrade to 'Hold' by Nuvama, raising concerns about its financial health.

Ola Electric plans to reduce its physical store network to 550 outlets due to declining market share and operational challenges.

Novo Nordisk's stock dropped 15% after its weight loss drug failed to meet expectations in clinical trials, impacting investor confidence.

Carlsberg is reportedly initiating a $700 million IPO process for its Indian unit, with plans to file as early as May.

RevSpring has acquired TrustCommerce, enhancing its service offerings in the healthcare payment sector.

Domino's Pizza reported strong fourth-quarter earnings, exceeding revenue estimates and achieving a 3.7% increase in same-store sales.

Merck has launched a separate cancer business in anticipation of a patent cliff, resulting in a rise in its stock price.

Tesla's stock has declined amid concerns over falling electric vehicle sales, although analysts see potential positives.

Deloitte's restructuring of its international operations is set to trigger a leadership race in the UK, impacting its global strategy.

Eli Lilly's stock rose over 4% following a significant win in the obesity treatment market, widening its lead over rival Novo Nordisk.

AbbVie announced a $380 million investment to expand its manufacturing capabilities in Illinois, signaling growth in the biopharmaceutical sector.

Warner Bros. stock remains stable as Paramount prepares a new offer, indicating ongoing strategic maneuvers in the entertainment industry.

IBM's shares have dropped 13% due to concerns over competition from Anthropic's programming language, impacting its COBOL business.

Amazon plans to invest $12 billion in AI data centers in Louisiana as part of a larger $200 billion commitment to AI this year.

First Brands has laid off employees as interest from potential buyers has diminished, affecting its operations.

Stellantis is set to relaunch the Jeep Cherokee, aiming to boost U.S. sales and compete with hybrid models from Toyota and Honda.

Centerview has settled a lawsuit regarding working hours for young bankers, highlighting ongoing work-life balance issues in investment banking.

Deutsche Bank has lowered its price target on Birkenstock Holding plc to $49 while maintaining a buy rating.

Wells Fargo has raised its price target on Church & Dwight Co., Inc. to $110, keeping an overweight rating.

Goldman Sachs has initiated coverage of Samsara Inc. with a buy rating and a price target of $36.

Bernstein has upgraded Zscaler, Inc. to outperform with a price target of $228.

Private equity owners have reduced the valuation of Swiss watchmaker Breitling due to a decline in brand performance.

Pagaya Technologies is expected to grow despite tightening credit conditions, showcasing resilience in the fintech sector.

PowerFleet reported an impressive quarter, positioning itself for strong returns in the upcoming period.

Appian's federal segment strength is generating optimism among investors, reflecting confidence in government contracts.

Five9's favorable outlook in the application SaaS market suggests potential for continued growth and market expansion.

Progress Software demonstrates resilience against AI-related threats, maintaining its competitive edge in the software industry.

Payoneer has formed a strategic partnership with Bridge, aiming to enhance its service offerings and market reach.

Allot Limited is successfully transitioning to a security-centric consumer model, adapting to market demands.

Hasbro's Wizards of the Coast division is credited with its competitive advantage over Mattel amid industry pressures.

Walmart's innovative strategies are revealed as it aims to maintain its position in the competitive retail market.

Intuitive Surgical continues to show strong growth potential in the robotic surgery market, with analysts predicting it could compound for another decade.

TD Cowen raises PepsiCo's price target to $165, reflecting confidence in the company's performance.

Cognex faces scrutiny as a director sells $128,000 worth of shares, raising questions about the stock's future.

Accenture's stock is seen as attractive again following a recent pullback and the announcement of a new CCO.

Infosys collaborates with Anthropic, signaling a strategic move in the tech industry.

Apogee shares have surged nearly 100% in the past year, indicating strong investor confidence.