Broadcom sheds $520 billion in market value after AI revenue guidance misses
Broadcom posted record quarterly revenue, but a gap between its AI chip guidance and analyst expectations triggered one of the…
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Uber to cut 10% of workforce to consolidate management layers
Uber announced plans to cut 10% of its workforce, consolidating management layers to speed up decision-making. CEO Dara Khosrowshahi said…
Apple stock turns into the Nasdaq’s hedge, most inversely correlated in 20 years
Apple stock has turned into the Nasdaq-100's hedge, moving opposite its tech peers to a degree not seen since 2005….
Chevron to invest $7 billion doubling Venezuela oil output
Chevron will invest more than $7 billion in Venezuela over the next five years after being assigned two additional oilfields…
Amazon Stock Enters Correction as FTC Sues Over Ad Pricing
Amazon shares have fallen about 11% from their August all-time high, pushing the stock into a technical correction. The slide…
