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Wall Street Lunch: Staples Overtake Mag 7 Ex-Tesla On Forward Valuation (undefined:GOOG)
Seeking Alpha· 2026-02-26 19:40
Luis Alvarez/DigitalVision via Getty Images Listen below or on the go on Apple Podcasts and Spotify Investors rotate from AI to A1 as breadth increases. (0:16) Krispy Kreme and Shake Shack surge on earnings. (1:13) S&P 500 triggers sixth Hindenburg Omen signal. (3:26) This is an abridged transcript of the podcast: Our top story so far, investors are going from AI to A1. Looking at forward valuations, the premium investors were paying for the mega caps has faded — and they’re now willing to pay up for ...
MS NOW Highlights - Feb. 8
MSNBC· 2026-02-09 00:54
Big developments on the Epstein files. The House Oversight Committee is preparing for tomorrow's deposition of Jeffrey Epstein co-conspirator, Ghislaine Maxwell. It will be the first opportunity for lawmakers to directly confront her with questions.Maxwell will appear virtually during a closed committee hearing. Here's what survivor Danielle Bensky told me she expects. I don't trust anything that she has to say.She is a master at the art of deception. And so even just having her speak is a little bit discon ...
X @The Wall Street Journal
The Washington Post’s publisher, Will Lewis, is leaving his role days after the company announced it was laying off one-third of its staff https://t.co/E8KGy7rSOp ...
Ex-WaPo chief CELEBRATES CEO’s exit: ‘Best news I’ve heard all week.’
MSNBC· 2026-02-08 02:35
THE WASHINGTON POST AT AN EXTREMELY DIFFICULT TIME FOR ONE OF THE MOST FAMOUS JOURNALISTIC INSTITUTIONS IN AMERICA, THE PAPER'S CEO WILL LEWIS ANNOUNCING TONIGHT IN a staff-wide memo that he is stepping down after more than two years on the job. The announcement comes just days after the paper cut 30 percent of its staff, amounting to more than 300 journalists. Lewis telling staffers tonight, quote, now is the right time for me to step aside.I want to thank Jeff Bezos for his support and leadership througho ...
The Washington Post under Jeff Bezos is hit with crushing layoffs
MSNBC· 2026-02-07 18:15
THIS WEEK THE WASHINGTON THE PRESIDENT AND PO ANNOUNCED A NEW WAVE OF LAYOFFS GUTTING THE VENERABLE NEWSPAPER STAFF BY AT LEAST TO THIRD AND ELIMINATING ENTIRE SECTIONS OF ITS GLOBAL AND METRO NEWS COVERAGE. IN 2013, THE BILLIONAIRE JEFF BEZOS RESCUED THE POST WITH with his $250 million purchase at a time when it was shedding readers, losing millions of dollars and struggling to adapt to the digital age. In his first town hall meeting with the Post staff, Bezos announced, quote, a new golden era for The Was ...
Ari: The Washington Post layoffs show how the richest Americans are ‘folding’ to Donald Trump
MSNBC· 2026-02-06 16:10
“The question is whether some of the most powerful people in our country are folding, while random individual citizens show what real courage looks like.” Ari Melber reacts to The Washington Post’s mass layoffs — and how they demonstrate how some of the most powerful Americans are capitulating to Donald Trump. MS NOW: My Source for News, Opinion, and the World. Same mission. New name. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destination for domestic and international breakin ...
X @Nick Szabo
Nick Szabo· 2026-02-06 03:26
RT Arthur in California (@ArthurReturnss)The mass layoffs at The Washington Post are unfortunate, but then I remember articles like this and think it's for the best. https://t.co/KhvYQItBtr ...
January layoffs hit highest level since 2009 as monthly job cuts surge
New York Post· 2026-02-05 22:07
Job Cuts Overview - U.S. employers announced 108,435 job cuts in January, marking a 205% increase from December and a significant rise from 49,795 cuts in January of the previous year [1][2] - This figure represents the highest number of layoffs for January since 2009, when 241,749 cuts were recorded [2][10] Sector-Specific Job Cuts - The transportation sector led with 31,243 job cuts, primarily due to UPS announcing 30,000 layoffs as it reduces its shipment handling for Amazon [4] - Technology firms reported 22,291 job cuts, with Amazon alone accounting for 16,000 of these as it reorganizes its management structure [5][7] - Healthcare companies announced 17,107 job cuts, the highest for the sector since April 2020, driven by inflation and high labor costs [6][8] Reasons for Layoffs - The primary reasons for layoffs included contract loss (30,784 cuts) and adverse market conditions (28,392 cuts) [9] - Other contributing factors were restructuring (20,044 cuts), business closings (12,738 cuts), and the impact of artificial intelligence (7,624 cuts) [11] Hiring Plans - Employers announced only 5,306 hiring plans in January, the lowest for the month since tracking began in 2009, down from 6,089 in January of the previous year and 10,496 in December [13]
The Washington Post lays off one-third of its newsroom
NBC News· 2026-02-04 20:16
The Washington Post announced a round of sweeping layoffs this morning, impacting about 30% of its workforce. That includes more than 300 journalists. The large-scale cuts effectively shutter its sports unit, its book department.And it also plans to shrink its international and metro coverage as well as podcast operations. ...
Wall Street Lunch: Washington Post Lays Off A Third Of Staff
Seeking Alpha· 2026-02-04 19:18
Company News - The Washington Post announced significant layoffs, cutting about one-third of its staff and dismantling major parts of the newsroom as it seeks a path to profitability amid reported losses of approximately $100 million in 2024 [2][3] - AMD's stock is experiencing a decline despite reporting better-than-expected earnings, with analysts questioning its ability to demonstrate real operating leverage [4][5] - Eli Lilly reported strong Q4 results and a positive outlook for 2026, with its GLP-1 drugs Mounjaro and Zepbound exceeding revenue expectations, both showing over 100% growth year-over-year [5] - Uber's stock fell after missing Q4 profit expectations due to a shift towards cheaper rides and increased insurance costs, although it updated its plans for autonomous vehicles [6] - AppLovin's stock is sliding following reports of a new AI startup, CloudX, which aims to disrupt the mobile advertising sector by automating tasks typically performed by engineers and ad operations teams [7] - MGM Resorts is seeing a rally in its stock after BetMGM reported record net revenue of approximately $2.8 billion for 2025, driven by growth in online sports betting and iGaming [7] Cryptocurrency Market - Bitcoin resumed its decline after a previous selloff that resulted in a loss of nearly $470 billion in market capitalization, with investor Michael Burry warning of a potential "death spiral" for the cryptocurrency [8][9] - Burry criticized Bitcoin for failing to establish itself as a reliable hedge against currency debasement, suggesting that further declines could lead to significant financial distress for companies heavily invested in Bitcoin [9] AI Industry - Anthropic announced that its AI model, Claude, will remain ad-free, positioning itself against competitors like OpenAI, which plans to introduce ads in its chatbot [10][11][12] - The decision by Anthropic reflects a broader debate within the AI sector regarding the implications of ad-supported models on user experience and trust [12]