UPS Beats Profit Expectations as Massive Job Cuts and Cost Reduction Drive Turnaround
UPS third-quarter earnings exceed forecasts as 34,000 job cuts and strategic network changes boost profits. Shares jump 12% despite ongoing tariff challenges.
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Qualcomm Launches AI Chips to Challenge Nvidia's Dominance in Data Centers
Qualcomm unveils AI200 and AI250 chips for data centers, entering the booming AI infrastructure market with competitive alternatives to Nvidia's dominant processors arriving in 2026-2027.
Google to Supply 1 Million AI Chips to Anthropic in Tens-of-Billions Deal
Google will provide up to 1 million TPU chips to Anthropic in a multi-billion dollar deal, delivering over 1 gigawatt of AI computing capacity by 2026 in the escalating AI infrastructure race.
Warner Bros. Discovery Rejects Three Merger Offers from Paramount Skydance
Warner Bros. Discovery has turned down three acquisition proposals from Paramount Skydance, including offers up to $23.50 per share and a co-CEO role for David Zaslav.
Anthropic and Google Discuss 'Multi-Billion' Cloud Deal for AI Expansion
Anthropic is in talks with Google for a cloud computing deal worth "tens of billions," giving access to Google’s TPUs for faster AI development.
WeightWatchers Partners with Amazon for GLP-1 Delivery
WeightWatchers partners with Amazon Pharmacy to offer easier access to GLP-1 weight-loss drugs like Wegovy and Zepbound, especially for customers in rural areas with faster delivery options.