The CEOs of Meta (META) , Alphabet (GOOGL), TikTok and Snap (SNAP) have been invited back to Capitol Hill for a broad oversight hearing in June, Axios reports
This invitation to the CEOs of major tech companies for a congressional oversight hearing suggests that lawmakers are increasingly focused on regulation and accountability in the tech sector.
75 commercial vessels have been redirected and 4 have been disabled to ensure compliance.
Starbucks (SBUX) is eliminating c. 300 US support roles; is streamlining real estate footprint including consolidating US regional support office space; expects USD 400mln in restructuring charges
The CEOs of Meta (META) , Alphabet (GOOGL), TikTok and Snap (SNAP) have been invited back to Capitol Hill for a broad oversight hearing in June, Axios reports
Daily US Equity Opening News - AMAT earnings beat offset by broad risk-off mood; FIG earnings beat & raised guidance
Senate Republicans ae looking for an off-ramp on an issue that divides their leadership team: year-round ethanol sales, Axios reports
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It may raise concerns about potential legislation that could impact business operations and growth prospects for these companies, potentially leading to increased volatility in their stocks and the broader tech sector.
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