The Wrap-Up for Friday November 14

Group 1 - Verizon is planning to announce job cuts next week, potentially reducing its workforce by 20,000 positions, which is approximately 20% of the company [1] - Paramount, Comcast, and Netflix are preparing to make bids for Warner Brothers Discovery, indicating competitive interest in the media sector [1][2] - Under Armour and Steph Curry have ended their 13-year partnership, allowing Curry to seek a new retail partner for his brand [2] Group 2 - OpenAI and Apple have lost a legal bid against Elon Musk's XAI, which is seeking billions in damages, alleging anti-competitive behavior in the AI market [3] - Blue Origin successfully launched its new Glenn rocket with NASA spacecraft aimed at Mars and for the first time recovered the booster used in the launch [3]