Day: October 27, 2025
South Korea’s third-quarter GDP grows at fastest pace in over a year, beating expectations
A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s economy expanded at its fastest pace in more than a year, with its third-quarter gross domestic product growth topping analysts’ estimates on Tuesday. According to advance […]
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Stock futures are little changed after major U.S. indexes notch record highs: Live updates
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American in New York City, U.S., Oct. 27, 2025. Brendan McDermid | Reuters Stock futures were little changed Monday evening following a big rally to start the week. Key market catalysts loom ahead this week, including Big Tech earnings, a Federal Reserve […]
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Stocks making the biggest moves after hours: Nucor, Waste Management, F5, NXP and more
Check out the companies making headlines in after-hours trading. Nucor — Shares of the steel products manufacturer added 3% after reporting strong results for the third quarter. Nucor said its earnings per share for the period was $2.63 per share, exceeding its earlier guidance that suggested earnings would be between $2.05 and $2.15 per share, […]
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OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to […]
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Amazon to announce largest layoffs in company history, source says
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned. The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s […]
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AI is driving huge productivity gains for large companies while small companies get left behind
Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that […]
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Amazon targets as many as 30,000 corporate job cuts: Reuters, citing sources
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the […]
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Govt. shutdown isn’t something we focus on in my airline analyst work, says JPMorgan’s Jamie Baker
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jamie Baker, JPMorgan senior airline analyst, joins ‘The Exchange’ to discuss what the government shutdown means for the airline industry, what the industry is preoccupied with and much more. Source
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Stocks making the biggest moves midday: Qualcomm, Fermi, Dyne Therapeutics, Organon, Snowflake and more
Check out the companies making the biggest moves midday: Qualcomm — The chipmaker soared more than 11% after announcing artificial intelligence processors to compete with AMD and Nvidia . The AI chips are a shift for Qualcomm , which has previously focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Intellia […]
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iRobot stock tumbles 30% after Roomba maker warns the search for a buyer has stalled
Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, California, on Aug. 5, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 30% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its […]
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