Business News 1 August 2025 - 11 February 2026

Morgan Stanley layoffs: Wall Street bank cuts 2,500 jobs across all divisions
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Morgan Stanley layoffs: Wall Street bank cuts 2,500 jobs across all divisions

Morgan Stanley has cut about 2,500 jobs across all divisions, roughly 3% of its workforce, according to the Wall Street Journal. The layoffs began last week and peaked Wednesday. The bank did not immediately comment, and Reuters could not independently verify the report. Roles affected include private bankers, back-office staff, and some mortgage-related positions.
March 5, 2026
Kenvue stock (KVUE) rises in premarket as Kimberly-Clark gains lift takeover math
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Kenvue stock (KVUE) rises in premarket as Kimberly-Clark gains lift takeover math

Kenvue rose 0.9% to $18.32 in premarket trading, while Kimberly-Clark gained 1.1%, as investors awaited the delayed U.S. jobs report. Kenvue’s chief people officer exercised 85,534 options, with shares withheld for taxes and costs. The pending Kimberly-Clark acquisition values Kenvue at about $19.38 per share, leaving a $1.06 gap. Kenvue reports earnings Feb. 17 but will not hold a call due to the deal.
February 11, 2026
Experian share price today: EXPN slips after Snowflake AI Data Cloud tie-up, buyback update
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Experian share price today: EXPN slips after Snowflake AI Data Cloud tie-up, buyback update

Experian shares slipped 0.32% to 2,469 pence in early London trading after the company reported further share buybacks and a new integration with Snowflake. Experian bought 400,000 shares on Feb. 9 and now holds 56.7 million in treasury. The buyback program, capped at $1 billion, is set to run through June 2027. Non-executive director Esther Lee purchased 10.398 ADRs at $34.18 each on Feb. 6.
February 11, 2026
Thermo Fisher Scientific stock slides as $3.8 billion bond deal lands — what to watch next
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Thermo Fisher Scientific stock slides as $3.8 billion bond deal lands — what to watch next

Thermo Fisher shares fell 0.8% to $542.62 Tuesday after the company priced $3.8 billion in senior notes to help fund its pending Clario acquisition. The bonds, issued in four parts with coupons from 4.215% to 5.546%, come as investors track financing costs and deal timing. Thermo Fisher underperformed peers Danaher and Agilent, both up about 1.3% in afternoon trading. The bond offering is expected to close around Feb. 12.
February 10, 2026
Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake
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Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake

Nvidia’s planned $100 billion investment in OpenAI has stalled amid internal doubts, The Wall Street Journal reported Friday. Talks have shifted toward a smaller deal, with Nvidia CEO Jensen Huang calling the original agreement non-binding. Amazon is in early discussions to invest up to $50 billion, while OpenAI seeks new funding to expand data center capacity. OpenAI also signed a $10 billion-plus deal with Cerebras for additional computing power.
January 31, 2026
China hits Kuaishou e-commerce unit Kuaigou with $3.8 million fine over “illegal acts”
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China hits Kuaishou e-commerce unit Kuaigou with $3.8 million fine over “illegal acts”

China’s market regulator fined Kuaigou, Kuaishou’s e-commerce arm, 26.7 million yuan ($3.84 million) for violations including unreasonable fees, poor consumer protections, and failure to curb counterfeit goods. The penalty follows a September investigation into illegal ads and misleading marketing. Kuaigou said it accepts the decision and will improve compliance.
January 30, 2026
IonQ to buy SkyWater for $1.8 billion to bring quantum chipmaking in-house
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IonQ to buy SkyWater for $1.8 billion to bring quantum chipmaking in-house

IonQ will acquire SkyWater Technology in a cash-and-stock deal valued at about $1.8 billion, giving SkyWater shareholders $35 per share. IonQ aims to use the foundry to accelerate development of quantum processors, targeting 200,000-qubit systems by 2028. SkyWater will operate as a subsidiary and keep its name. IonQ raised its 2025 revenue forecast following the announcement.
January 26, 2026
AppLovin Under Fire: Shuts Down “Array” After Allegations of Secret App Installs
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AppLovin Under Fire: Shuts Down “Array” After Allegations of Secret App Installs

AppLovin shut down its Array app-install platform in Q3 2025, citing lack of economic viability. Researcher Ben Edelman reported about 200 user complaints of apps installing without consent, linking the issue to hidden code in Array. AppLovin denies any secret installs and says all downloads required user approval. The SEC is investigating AppLovin’s data and ad practices.
October 18, 2025
AI Stock Frenzy: Microsoft Tops $4 Trillion, Meta Soars 11%, and Palantir Lands $10B Army Deal – July 31/Aug 1 Roundup
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AI Stock Frenzy: Microsoft Tops $4 Trillion, Meta Soars 11%, and Palantir Lands $10B Army Deal – July 31/Aug 1 Roundup

Microsoft briefly topped a $4 trillion market cap on July 31, the second public company to do so after Nvidia. Meta shares jumped 11.3% to a record on strong Q2 results and AI ad growth. Alphabet raised its AI spending target by $10 billion to $85 billion after beating sales forecasts. Amazon’s stock fell over 7% after hours despite 13% revenue growth, as AWS cloud growth lagged rivals.
August 1, 2025
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