Centene Stock Plummets 35%. What Sparked the Brutal Selloff. - Barron's

Microsoft to Lay Off Thousands; Xbox Chief Says Gaming Division Cuts Will Remove ‘Layers of Management’ - Variety

Microsoft is set to layoff thousands of employees worldwide Wednesday, including some in the Microsoft Gaming division.

Cloudflare just changed the internet, and it's bad news for the AI giants - ZDNET

The era of unrestricted AI crawling appears to be ending - well, at least for the fifth of the internet that flows through Cloudflare's pipes.

ADP National Employment Report: Private Sector Employment Shed 33,000 Jobs in June; Annual Pay was Up 4.4% - PR Newswire

/PRNewswire/ -- Private sector employment shed 33,000 jobs in June and annual pay was up 4.4 percent year-over-year, according to the June ADP National...

5 Things to Know Before the Stock Market Opens - Investopedia

U.S. stock futures are edging higher, investors await Tesla's second-quarter deliveries numbers, and Paramount Global reportedly settles a lawsuit filed by President Trump. Here's what investors need to know today.

New Study Reveals Brutal Hit That U.S. Employers Face From Trump Tariffs - HuffPost

The estimated direct cost could be potentially managed through price hikes, layoffs, hiring freezes or lower profit margins.

Mortgage refinance demand surges, as interest rates drop further - CNBC

Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.

Senate GOP bets softer clean energy cuts won’t come back to bite them - Politico

A last-minute compromise in the megabill eases the ramp down in clean energy incentives sought by hardliners.

10-year Treasury yield remains higher despite weak ADP jobs report - CNBC

ADP private payrolls data showed a decline of 33,000 jobs in June. Economists were expecting a gain of 100,000 jobs, according to Dow Jones.

In Silicon Valley, it is the summer of comp FOMO as Meta and OpenAI offer tens of millions of dollars to lure top AI talent - Business Insider

"There's a ton of ripple effects I'm hearing in the Valley," said Deedy Das, of Menlo Ventures. "There is a sense of jealousy, envy, and helplessness."

Qantas cyber hack could have stolen ‘significant’ amount of data from six million customers - CNN

Australian airline Qantas says a data hack on Monday exposed the personal information of six million customers and it expects the amount stolen to be “significant.”

Lululemon sues Costco over alleged ‘dupes’ of its popular designs - The Washington Post

The Canadian athleisure brand has accused the warehouse club operator of copying at least six of its products, including its Scuba hoodie and men’s pants.

Canned-Food Producer Del Monte Foods Files for Bankruptcy - Bloomberg

Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

Ferguson chooses Florida company to build new state ferries - The Seattle Times

Eastern Shipbuilding Group of Florida's $714 bid to build three hybrid-electric ferries was below the state's estimate, and well below an in-state bid.

Jeff Bezos and Lauren Sánchez Reportedly Honeymooning at Iconic ‘White Lotus’ Hotel - The Daily Beast

The Amazon billionaire and Lauren Sánchez will be staying at the Sicilian hotel featured in the show for a (hopefully) less violent stay.

Figma moves closer to a blockbuster IPO that could raise $1.5B - TechCrunch

The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.

US banks announce big shareholder payouts as Fed eases stress tests - Financial Times

Wall Street titans to raise dividends and buy back shares on back of lighter oversight

JPMorgan Chase Ups Dividend, Approves $50 Billion Buyback After Stress Test - WSJ