Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.
The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.”
Source
MarketWatch
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AI Bias Analysis
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The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.”
Source
MarketWatch
Opens original article in a new tab
CENTCOM's statement does not mention the status of the U.S.-Iran ceasefire, which has already been frayed by repeated claims that its terms are being breached.

Gold was little changed as optimism that a deal to reopen the Strait of Hormuz was imminent faded amid reports of attacks on US Navy vessels, reviving inflation concerns.
Oil, the Iran war and inflation risks are putting a new floor under longer-duration Treasury yields

Macquarie Group Ltd.’s commodities and global markets division chief Simon Wright got a pay bump after profit within the bank’s key business drove earnings growth at the Australian firm.