Verizon (VZ) reportedly planning new round of layoffs as soon as this week
Newsquawk Staff ·
Verizon (VZ) reportedly planning new round of layoffs as soon as this week.
- Tesla (TSLA) has decided not to proceed with plans to produce Cybertruck for Australia and New Zealand
- OpenAI trims valuation target to USD 1.25tln after previously pitching a higher price, according to FT
- Newmont (NEM) says production growth is expected to begin in 2027 following previously flagged 2026 trough, adds Q3 gold production was broadly flat sequentially as anticipated
- OpenAI is raising up to USD 30bln in funding round at a USD 1.25tln valuation, led by UAE investors, according to CNBC, citing sources; OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE
- Western Digital (WDC) Q1 2027 (USD): Adj. EPS 4.64 (exp. 4.08), Revenue 4.38bln (exp. 4.14bln)
Related headlines
- Merck & Co (MRK) and Moderna (MRNA) say safety profile of Intismeran plus Keytruda was generally consistent with previously reported studies of combination; significantly reduced the risk of recurrence or death by 42% compared to Keytruda alone11 hours ago
- Moderna (MRNA) downside attributed to early data leaks (link below) - UNCONFIRMED13 hours ago
- State of Rhode Island sues Meta (META) over alleged tolerance for scam advertising13 hours ago
- Uber (UBER) puts all 30,000 employees on ChatGPT Work13 hours ago
- Newsquawk Daily US Earnings Estimates - 23rd October 2026: AXP13 hours ago
- Nvidia (NVDA) launches Minerva platform for end-to-end AI factory observability14 hours ago
- Fireblocks denies talks with Visa (V), CoinDesk reports15 hours ago
- Norfolk Southern (NSC) says tightening truck capacity is improving rail competitiveness, supporting truck-to-rail conversions and stronger customer demand15 hours ago
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile16 hours ago
- Procter & Gamble (PG) CFO says 'so far, consumer has held up, we don't know if that's going to continue'16 hours ago
- Meta's (META) 5yr CDS hits an all-time high at 114.5bps16 hours ago
- eBay (EBAY) confirms plans to reduce workforce by 9%; expects Q3 results above guidance 16 hours ago
- Google (GOOGL) is launching an agent compute engine16 hours ago
- AbbVie (ABBV) announces positive topline results from the Phase 3 INTREPID study evaluating the safety and efficacy of lutikizumab in adults and adolescents with moderate to severe hidradenitis suppurativa16 hours ago
- Union Pacific (UNP) says will continue to build cash reserves ahead of the Norfolk Southern (NSC) merger; expects to close merger in second half of F2717 hours ago