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Market Surges on Trade Optimism, Amazon Prepares for Major Job Cuts
Stock Market News· 2025-10-28 05:09
Key TakeawaysAmazon (AMZN) is reportedly preparing to announce its largest corporate workforce reduction in history, with as many as 30,000 corporate jobs potentially being cut as early as Tuesday.Wall Street experienced a significant rally, pushing the S&P 500 to record highs and marking its best three-day streak since May, fueled by optimism over US-China trade talks and robust mega-cap tech earnings.NextEra Energy (NEE) and Google (GOOGL) have forged a 25-year partnership to revive the Duane Arnold nucle ...
US judge decertifies Apple app store class action
Reuters· 2025-10-28 04:54
A federal judge on Monday decertified a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Stor... ...