Intel Shares Jump as AI Agents Fire Up Sales
Demand from data centers for its CPUs pushed quarterly revenue to $13.6 billion. Shares climbed 15% after hours.
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Meta to Lay Off 10% of Employees in May
The company said in an internal memo that the cuts are needed to run more efficiently and offset other investments. It will also cancel plans to hire for 6,000 open roles.
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Microsoft Offers Buyouts to 7% of Workforce
The company is also changing how it awards bonuses and stock options as it reorganizes its workforce around AI efforts.
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Bob Iger Returning to Joshua Kushner's Thrive in Post-Disney Move
The former Disney CEO, who has dabbled in tech and media investing, is going back to venture capital.
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Newmont Tops Earnings Expectations for Sixth Consecutive Quarter. What Gold Prices Mean for the Stock.
Newmont stock is rising after the gold mining giant reported better-than-expected first-quarter earnings and revenue for the sixth consecutive quarter.
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SpaceX's IPO Will Help Elon Musk Consolidate Power. Investors Welcome It.
His fans don't mind another moonshot pay deal and almost total control.
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KPMG Cutting 10% of U.S. Audit Partners After Voluntary-Retirement Push Falls Short
Roughly 100 partners are exiting the Big Four accounting firm, some of whom volunteered to retire early, people familiar said.
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Warner Bros. Discovery Stockholders Approve Paramount Deal
Warner Bros. said shareholders voted overwhelmingly to approve the merger agreement at its special meeting of stockholders.
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American Airlines Cuts Profit Outlook After Fuel Prices Soar
The carrier said its fuel costs are expected to jump by $4 billion and warned that it could lose money in 2026.
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Lockheed Martin Ramps Up Munitions Production Amid War, Spending Skyrockets
Lockheed Martin's profit fell in the first quarter, although sales edged higher as demand for weapons continued to accelerate.
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American Express Profit Rises on Premium Customer Strength
American Express reported higher first-quarter profit on the back of continued strength in its business targeting upper-income customers.
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Comcast's Residential Broadband Customer Decline Moderates
Comcast stemmed subscriber losses for its critical domestic residential broadband business in its latest quarter and saw increased advertising revenue from the Olympics and Super Bowl.
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Netflix Boosts Stock-Buyback Program
Netflix's board has added $25 billion to the streaming giant's stock-buyback program.
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Tesla Promises Upgrade for Customers Who Bought Cars That Can't Drive Autonomously
Elon Musk told investors that older vehicles can't use unsupervised FSD, despite earlier promises to buyers.
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Blackstone Distributable Earnings Rise, Revenue Climbs
Blackstone's first-quarter distributable earnings climbed as the asset manager logged higher revenue and grew its assets under management.
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Honeywell Restructuring Nears Finish as Iran War Clouds Outlook
Honeywell International is entering the final stages of a multiyear restructuring that will carve the industrial conglomerate into three publicly traded companies.
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Keurig Dr Pepper First-Quarter Sales Rise on Growth in Cold Beverages
The maker of 7UP and K-Cup coffee pods said first-quarter sales rose 9.4%, driven by double-digit growth in U.S. beverage sales.
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Freeport-McMoRan Production Sinks
Freeport-McMoRan reported lower production of gold and copper as a result of last year's fatal mudslide at one of its mines in Indonesia.
(END) Dow Jones Newswires
April 23, 2026 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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