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will lay off 14% of its staff as AI spurs 'a new way of working'","url":"https://stock-news.laohu8.com/highlight/detail?id=2633480029","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633480029?lang=en_us&edition=fundamental","pubTime":"2026-05-05 20:40","pubTimestamp":1777984800,"startTime":"0","endTime":"0","summary":"Coinbase will pivot to more 'one-person teams,' meaning that employees will be asked to act as engineers, designers and product managers all in one - with the help of AI. Coinbase CEO Brian Armstrong said on Tuesday that his company would cut several hundred employees.The cryptocurrency exchange Coinbase Global plans to lay off around 14% of its workforce and replace at least some of them with artificial intelligence.He also pointed to AI, saying that he's seen engineers use new tools to slash the time it takes to get some work done and that many workflows have been automated. Coinbase has reached an \"inflection point\" like \"every company,\" he wrote. As such, the company is looking to rebuild itself around AI, rather than people.Snap  last month said it would cut 16% of its full-time staff, in part due to the potential for AI to reduce \"repetitive \" work. Block, which had overhired during the pandemic, also recently used AI to justify laying off thousands of workers. And an executive 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expands SaaS banking offering on AWS to include digital banking, payments","url":"https://stock-news.laohu8.com/highlight/detail?id=2633891023","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633891023?lang=en_us&edition=fundamental","pubTime":"2026-05-05 20:09","pubTimestamp":1777982968,"startTime":"0","endTime":"0","summary":"Amazon.com expanded collaboration with Temenos to support broader Temenos SaaS offering on AWS, adding digital banking and payments alongside existing core banking SaaS.Expansion targets end-to-end deployments for financial institutions, covering core, digital channels, and payments on a single cloud platform.Temenos positioned offering as modular, allowing banks to adopt components or full-suite services, including pre-configured deployments to speed implementation.AWS cited security, scalability, and regulatory alignment as key factors for financial services workloads, supported by regional coverage to address data residency needs.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Cheap Stock Is an Investor Trap -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2633591374","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633591374?lang=en_us&edition=fundamental","pubTime":"2026-05-05 17:30","pubTimestamp":1777973400,"startTime":"0","endTime":"0","summary":"Meta Platforms shares look like a stock-market steal. But their bargain-bin price is more of a warning about its uncertain prospects than an opportunity for investors.Meta's stock has languished recently as concern grows over its spending on AI, leaving it unusually cheap. The company is trading near its lowest price-to-earnings multiple in three years. At around 18 times forward earnings, its valuation also represents a discount to other big tech companies. The premium for Google-parent Alphabet's shares against Meta's is the highest it has been since 2022.Given the narrowness of Meta's business and its spotty track record broadening it, there is 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National, Anthropic Team Up to Develop Banking AI Tools; Shares Up Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2633420918","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633420918?lang=en_us&edition=fundamental","pubTime":"2026-05-05 16:46","pubTimestamp":1777970796,"startTime":"0","endTime":"0","summary":"Fidelity National Information Services  is working with Amazon-backed  Anthropic to create artificial intelligence tools for the banking industry, beginning with a financial crime agent, Fidelity National said late Monday.The initial software aims to cut anti-money laundering investigation times by automatically gathering evidence across core banking networks, the company said.BMO and Amalgamated Bank will be among the first institutions to deploy the technology ahead of a broader rollout planned for H2, Fidelity National said.E-commerce giant Amazon has invested billions into 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Have A Deep Partnership With Nvidia – CNBC InterviewMay 4 (Reuters) - Amazon.com Inc AMZN.O:AMAZON CEO ANDY JASSY:  WE HAVE A DEEP PARTNERSHIP WITH NVIDIA – CNBC INTERVIEWSource text: [ID:]Further company coverage: AMZN.O 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Group publishes transcript of Q1 2026 earnings conference call","url":"https://stock-news.laohu8.com/highlight/detail?id=2633396412","media":"Reuters","labels":["conferences","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633396412?lang=en_us&edition=fundamental","pubTime":"2026-05-05 06:03","pubTimestamp":1777932182,"startTime":"0","endTime":"0","summary":"Upbound held Q1 2026 earnings call on April 30 with CEO Fahmi Karam, CFO Hal Khouri, IR head Steven Kos, analysts from Stephens, Raymond James, BTIG, Loop Capital Markets, Jefferies, KeyBanc, TD Cowen, BofA.Acima GMV USD 427 million fell 6% on underwriting tightening, while lease charge-offs improved to 8.8%; outlook reset to GMV and revenue flat to up low single digits with losses in low 9% area, GMV seen returning to year-over-year growth in H2.Brigit revenue USD 68 million, up over 40% on a comparable basis, with paying users about 1,600,000, ARPU up nearly 12% to USD 14.41; line-of-credit pilot to broaden later in year, framed as more meaningful in 2027 than 2026.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Corp. Stock Underperforms Monday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2633961204","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633961204?lang=en_us&edition=fundamental","pubTime":"2026-05-05 05:26","pubTimestamp":1777929960,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Kohl's Corp.  shed 3.21% to $14.19 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 0.41% to 7,200.75 and Dow Jones Industrial Average  falling 1.13% to 48,941.90.The stock's fall snapped a two-day winning streak.Kohl's Corp. closed 43.74% below its 52-week high of $25.22, which the company reached on December 1st.The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc.  rose 1.41% to $272.05, Walmart Inc.  fell 0.97% to $130.33, and Target Corp.  fell 0.88% to $127.76.Trading volume  remained 1.1 million below its 50-day average volume of 5.1 M.Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2026.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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director Jonathan Rubinstein sells 3,706 shares for $1.01 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2633056969","media":"Reuters","labels":["shareholding","insiderTrades"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633056969?lang=en_us&edition=fundamental","pubTime":"2026-05-05 04:59","pubTimestamp":1777928373,"startTime":"0","endTime":"0","summary":"Amazon.com director Jonathan Rubinstein sold 3,706 shares of common stock on April 30, 2026 at USD 273.02 per share.Sale was executed under a Rule 10b5-1 trading plan adopted on Feb. 10, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amazon.com Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 04, 2026, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nNDLbhQ1Gh:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Amazon director Jonathan Rubinstein sells 3,706 shares for $1.01 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Down as Amazon's Logistics Unit Plan Weighs - Industrials Roundup","url":"https://stock-news.laohu8.com/highlight/detail?id=2633969255","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633969255?lang=en_us&edition=fundamental","pubTime":"2026-05-05 04:55","pubTimestamp":1777928100,"startTime":"0","endTime":"0","summary":"Shares of industrial and transportation companies fell as Amazon.com's plans to sell supply-chain services and a spike in fuel prices weighed on freight companies.The iShares U.S. Transportation exchange-trade fund, a basket of major transportation stocks, fell by roughly 4%.Shares of United Parcel Service and FedEx tumbled by roughly 10% apiece after the Silicon Valley giant launched \"Amazon Supply Chain Solutions,\" which aims to provide distribution, warehousing, and last-mile delivery to \"any business.\". 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