AppLovin laid off 120 employees despite a staggering stock surge that added $41 billion in market value over two days…
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Investors await Sweco’s guidance as European infrastructure demand fuels steady growth
Investors are holding steady on Sweco shares as late August 2026 passes without major price movement. The Swedish engineering consultancy’s…
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Lucid slashes 1,600 jobs and kills second Arizona production shift
Lucid Motors is cutting 1,600 jobs, about 18% of its U.S. workforce, affecting manufacturing, engineering, and salaried positions. The layoffs,…
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LTC Properties Pours $311 Million into Senior Housing Acquisitions, Eyes $1.3 Billion Portfolio
A major REIT is betting that senior housing demand will outpace supply for years to come. LTC Properties just committed…
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After Applying to 3,000 Jobs and Getting 10 Interviews, These Indian Founders Built an AI Hiring Platform and Raised Rs 5 Crore to Fix It
Indian founders have developed an AI-powered hiring platform after experiencing firsthand the frustrations of the job market — applying to…
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Hertz Stock Craters 42% in Two Days as Used Car Market Collapse Blindsides Investors and Forces Emergency Capital Raise
Hertz (HTZ) shares fell 14.8% in afternoon trading, extending a 27.6% drop from the previous session, after the car rental…
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Lucid Group Axes 18% of Workforce and Kills Second Production Shift as Stock Craters 55%
Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…
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Zerodha’s Nikhil Kamath Puts 90% of His Portfolio Into Indian Stocks and Calls It His Biggest Bet in Years
Zerodha co-founder Nikhil Kamath has declared he is fully bullish on Indian equities, with 90% of his portfolio allocated to…
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Nibe Industrier Bets Big on Europe’s Energy Transition as Green Regulations Reshape the Heating Industry
Swedish industrial group Nibe Industrier (ISIN: SE0015988019), listed on Nasdaq Stockholm, is positioning itself as a long-term beneficiary of Europe's…
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Sysco’s $29 Billion Bet on Restaurant Depot Sends Shares Plunging 13% as Investors Balk at Soaring Debt
Sysco (NYSE: SYY) fell more than 13% after announcing a $29.1 billion acquisition of Jetro Restaurant Depot, combining $21.6 billion…
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