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To accelerate innovation, Amazon has laid off over 1,800 engineers, with mid-level engineers hit the hardest.

To accelerate innovation, Amazon has laid off over 1,800 engineers, with mid-level engineers hit the hardest.

Documents from U.S. state governments show that Amazon’s large-scale layoffs announced last month have impacted engineers the most. According to Amazon’s recent Worker Adjustment and Retraining Notification (WARN) filings submitted to U.S. state agencies, of the approximately 4,700 positions cut in Washington, New York, New

Bitcoin once fell below the $81,000 mark, possibly marking the largest monthly decline since 2022.

Bitcoin once fell below the $81,000 mark, possibly marking the largest monthly decline since 2022.

``` The world's largest cryptocurrency, Bitcoin, is experiencing its worst monthly performance since the 2022 industry crash. On Friday, Bitcoin’s price fell to $80,553 at one point. Despite a rebound late in the New York session, it remains down over 30% from the record high of $126,

Bill Ackman: Turmoil in the cryptocurrency market is affecting the stock prices of Fannie Mae and Freddie Mac.

Bill Ackman: Turmoil in the cryptocurrency market is affecting the stock prices of Fannie Mae and Freddie Mac.

Renowned hedge fund manager Bill Ackman has warned that forced liquidations and margin calls in the cryptocurrency market are triggering sell-offs in Fannie Mae and Freddie Mac stocks. On November 21, Bill Ackman stated on social media that he had previously underestimated the exposure of Fannie Mae and Freddie Mac

For the first time in history! The U.S. Bureau of Labor Statistics cancels the release of the October CPI report, and the November report will not include month-over-month changes.

For the first time in history! The U.S. Bureau of Labor Statistics cancels the release of the October CPI report, and the November report will not include month-over-month changes.

``` The U.S. Bureau of Labor Statistics (BLS) has canceled the October Consumer Price Index (CPI) report, stating that it was unable to collect some data during the U.S. government shutdown and that this data cannot be made up afterward. BLS said it was still able to obtain some

Goldman Sachs Head of Hedge Funds: Signs of long liquidation are appearing in U.S. stocks, and the AI cycle seems to be entering a new phase of skepticism.

Goldman Sachs Head of Hedge Funds: Signs of long liquidation are appearing in U.S. stocks, and the AI cycle seems to be entering a new phase of skepticism.

Tony Pasquariello, Goldman Sachs partner and global head of Goldman’s hedge fund tracking division, believes that signs of “capitulation” among bulls have appeared in the U.S. stock market. The market seems to be entering a new phase of the Artificial Intelligence (AI) cycle, as investors begin to question

Trump “handpicked” Fed Governor Milan: The impact of September nonfarm payrolls is “clearly dovish,” and the November CPI may only be released after the December interest rate decision.

Trump “handpicked” Fed Governor Milan: The impact of September nonfarm payrolls is “clearly dovish,” and the November CPI may only be released after the December interest rate decision.

``` Trump-appointed Fed Governor Milan said on Friday that the September non-farm payroll report released overnight was "clearly dovish," reinforcing evidence that the U.S. labor market continues to cool. He emphasized that the Fed currently faces indeed limited data, "but a lack of data does not mean

Citadel Head of Strategy: AI investment sentiment is saturated, the Fed is leaning hawkish, K-shaped economic consumption divergence... U.S. stocks now face "ten major bearish factors."

Citadel Head of Strategy: AI investment sentiment is saturated, the Fed is leaning hawkish, K-shaped economic consumption divergence... U.S. stocks now face "ten major bearish factors."

``` Currently, the U.S. stock market is deeply mired in concerns over an "AI bubble." Although Nvidia's strong financial report dispelled market gloom for a time, the optimism did not last, and U.S. stock indices quickly turned downward. In overnight trading, U.S. stocks faced