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Stories published on Oct 27
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  • Stories published on Oct 27

Monday, Oct 27

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JPMorgan Chase could be the next company to hit $1 trillion in market cap, Jim Cramer says

www.cnbc.com

CNBC's Jim Cramer reviewed companies in the running to reach $1 trillion in market cap.

CarMax to leave the S&P 500 to give way to this famous industrial company’s spinoff

www.marketwatch.com

A place in the S&P 500 is a sought-after spot for companies, as it exposes their stock to a broad swath of active investors and to countless passive funds that track the benchmark automatically.

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Krafton to undergo "complete" reorganization as it positions itself as an "AI-first company"

www.gamesindustry.biz

Subnautica 2 and PUBG publisher Krafton is positioning itself as an "AI-first company."

ETHZilla Shares Surge As Company Sells Ethereum To Buy Its Own Stock

www.benzinga.com

ETHZilla Corp (NASDAQ:ETHZ) shares are surging in Monday’s after-hours session after the company announced a strategic move to repurchase its common stock.

Amazon To Cut Up To 30,000 Jobs, Largest Layoff In Company History

www.benzinga.com

Amazon will cut up to 30,000 positions from its corporate workforce, starting Tuesday, as part of efforts to streamline operations.

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AI is driving huge productivity gains for large companies, while small companies get left behind

www.cnbc.com

Artificial intelligence is widening the productivity gap between the large and small companies, furthering the 'K-shaped economy' phenomenon.

Amwell® to report third quarter 2025 operating results; company leaders to attend upcoming investor conferences

www.benzinga.com

Following the distribution of the earnings alert via wire services, the Amwell management team will host a live conference call and webcast at 5 p.m. ET to review the company's operating results and provide a general business update.

Robotaxi companies must do more to prove safety, Waymo co-CEO says

techcrunch.com

Waymo co-CEO Tekedra Mawakana urged rival autonomous vehicle companies to be more transparent about their safety data.

Selling a Private Company Without Hitting a Sour Note- Maximizing Sale Price Is Just One Part of the Final Outcome

natlawreview.com

For many majority owners of private companies, selling their business is a once in a lifetime event without “do overs.” They want to secure top dollar when the company is sold, and this post reviews strategies that are geared to help the…

Amazon to announce largest layoffs in company history, source says

www.cnbc.com

The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person familiar with the matter.

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Amazon May Lay Off 30,000 Employees After News The Company Plans Mass Automation, Report Says

www.forbes.com

One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.

Know an up-and-coming VC finding and winning great companies? We want to hear from you.

Business Insider is seeking nominations for this year's list of rising stars of venture capital.

Beloved candy company files for bankruptcy in shocking Halloween heartbreak

www.the-sun.com

A BELOVED candy company has filed for bankruptcy just one week before the biggest candy day of the year. Candy Warehouse filed for bankruptcy on October 24, right before Halloween. Candy Warehouse first opened in 1998, serving hotels,…

Sources: SAP is considering a new bid for accounting software company BlackLine, after its previous bid of nearly $4.5B was rejected in June (Milana Vinn/Reuters)

www.techmeme.com

Sources: SAP is considering a new bid for accounting software company BlackLine, after its previous bid of nearly $4.5B was rejected in June — - Previous $66 per share offer was rejected in June, a source says — SAP is a key customer,…

Tesla Optimus gets its latest job, and it’s not in the company’s factories

www.teslarati.com

Tesla Optimus was spotted in its latest job placement, not at any of the company’s manufacturing or production facilities. Optimus was instead spotted in New York City at Times Square, handing out Halloween candy to people: Just saw…

How Huntington Bank is acting 'more like a tech company'

www.americanbanker.com

The Ohio bank is working with Alloy Partners to build startups in fintech, payments and wealth management even as it acquires multiple banks this year.

Company tied to Don Jr. randomly wins big Pentagon contract

www.dailykos.com

The Trump family coffers apparently aren’t deep enough, because Daddy Dearest and his loyal Cabinet members just handed Donald Trump Jr. a massive deal at the Pentagon.