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Meta is laying off 10% of its Reality Labs division—about 1,500 employees—as CEO Mark Zuckerberg pivots the company's focus from virtual reality to artificial intelligence.
AbbVie delivers better-than-expected Q4 2025 earnings as immunology blockbusters Skyrizi and Rinvoq more than offset the biosimilar erosion of former cash cow Humira.
Alphabet, Qualcomm, and Arm Holdings all report Q4 earnings after Wednesday's close in a pivotal test for AI infrastructure spending and semiconductor demand.
Eli Lilly reports Q4 2025 earnings that beat Wall Street estimates as its blockbuster weight-loss drugs Mounjaro and Zepbound continue to dominate the GLP-1 market.
Japanese IT giant TIS crashes 15%, Indian IT stocks drop 6%, and Chinese software plunges 15% as Wall Street's AI disruption fears spread to Asia overnight.
Verizon stock jumps 3.6% to lead Dow Jones gains as new CEO Daniel Schulman's customer-focused strategy drives 616,000 postpaid phone additions and $25 billion buyback.
Oreo maker beats revenue estimates but cautious 2026 guidance disappoints as consumers push back against repeated price increases despite falling cocoa costs.
Amazon reports Q4 2025 earnings Thursday with an unprecedented $200 billion AWS backlog. Wall Street expects the retail giant to cross $700 billion in annual revenue for the first time.
Spotify's new co-CEOs inherit a company under fire as artists including Massive Attack pull their catalogs over founder Daniel Ek's investments in military AI firm Helsing.
Secretary of State Marco Rubio hosts officials from 40+ countries for the inaugural Critical Minerals Ministerial as allies seek to create alternative supply chains.
Pfizer reports Q4 revenue of $17.6 billion and full-year 2025 sales of $62.6 billion, with CEO Bourla pointing to 20 pivotal study starts as catalysts for 2026.
New York AG Letitia James and four district attorneys criticize the GENIUS Act for lacking fraud protections as the White House hosts new discussions on stablecoin yield rules.