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Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and former SpaceX employees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in stock alongside his $28-an-hour […]

Spectrum, which is owned by Charter Communications, has decided to make another significant workforce change as it continues to battle mounting customer losses in its cable TV and internet business. Charter revealed in its latest earnings report that Spectrum lost 120,000 internet customers and 60,000 cable TV customers in the first quarter of this year.

Oracle’s annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed. By May, Challenger, Gray and Christmas

A new analysis of credit bureau data has identified the 10 largest U.S. cities where delinquency is most widespread, and the geographic concentration is difficult to ignore. The more revealing finding is how much people owe when they fall behind on their bills. Residents in the highest-delinquency cities tend to carry past-due balances well below

Reddit (RDDT) is generally considered a social-media stock. That may understate the opportunity. Reddit won social media ad share in the second quarter, bolstered by contextual targeting, a high-intent audience, and incremental reach, Jefferies underlined. But the hidden investor implication is wider than just a few advertisers moving dollars. Reddit may be constructing something like

Drug trials fail all the time. What is rare is a failure that costs a company tens of billions of dollars in a single afternoon. That is what happened to AstraZeneca (AZN) on July 9. One setback wiped out more market value than the stock had lost on any day in years. For investors, the

Oracle’s stock performance from the 1980s pushed the tech giant to split its shares. Its fortunes rose and fell during the dot-com era, and then picked up again in recent years with the popularity of artificial intelligence.  Here’s how many times Oracle — whose foundational business was database software management before expanding into cloud computing

A major pizza chain is preparing to close dozens of restaurants once again as its parent company works to eliminate underperforming locations following what executives describe as a “challenging period” for the business. The restructuring is part of a broader effort to improve the performance of its corporate-owned restaurants, with the first shutdowns expected to

David Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked.  The Justice Department closed its antitrust review in June and cleared the deal. However, things have taken an unexpected turn. A group of state attorneys general, led by California, is finalizing an antitrust lawsuit that

Lam Research has quietly become one of the biggest winners of the AI buildout, and Wall Street has noticed. The chip equipment maker reports fiscal fourth-quarter earnings on July 29, 2026, and analysts are already lining up with a hard-to-miss message. That message comes straight from the people who regularly talk to Lam Research’s customers,