20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta ...
Tag: Nike Inc
Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new ...
Tiger Woods won’t captain 2027 Ryder Cup team as golf future remains uncertain
Tiger Woods of Jupiter Links Golf Club looks on before the match against the Los Angeles Golf Club at SoFi ...
Nike shares fall 9% on weak outlook, expected 20% sales decline in China
A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026.Brandon Bell | Getty ImagesShares of ...
As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
From left, MangoAI's Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI's Vinith Misra.CanvaSoftware stocks have been ...
Here are 3 forces that drove the stock market during Wall Street’s comeback week
The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and ...
Week in review: We initiated a position — plus, top gainers and laggards of 2025
Friday marked the end of a lackluster week for stocks and the first trading session of 2026. The market was ...
Economy grows, chip tariff delay, new S&P 500 record and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to ...
Amazon faces ‘leader’s dilemma’ — fight AI shopping bots or join them
Thos Robinson | Getty ImagesAmazon CEO Andy Jassy could see how dramatically artificial intelligence was altering e-commerce.In June, he told employees that AI ...
Nike shares fall 10% as China sales plunge, tariffs hit profits
A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg ...
