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Bloomberg

Meta Starts 8,000 Global Job Cuts in AI Efficiency Push

Meta is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence. The company began notifying workers around the world Wednesday morning, starting with employees across Asia, who got the note at 4 a.m. Singapore time. US-based staff are also expected to receive word during their morning, according to an internal memo. Bloomberg's Tom Mackenzie reports.

Leia mais: Meta Starts 8,000 Global Job Cuts in AI Efficiency Push
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Technology

RLX Technology net revenue nearly doubles on international expansion

RLX Technology (NYSE:RLX), a leading global branded electronic vapor company, announced its unaudited financial results for the first quarter of 2026, delivering substantial top- and bottom-line growth fueled by policy shifts and a strategic overseas footprint.

Leia mais: RLX Technology net revenue nearly doubles on international expansion
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Insurance

Huize discloses Q1 2026 metrics with gross written premiums at RMB1.77 billion

Huize Holding (NASDAQ:HUIZ), a digital insurance technology platform operating in Asia, announced select operating metrics for the first quarter ended March 31, 2026, reflecting the platform's sustained distribution volume across both initial and recurring segments.

Leia mais: Huize discloses Q1 2026 metrics with gross written premiums at RMB1.77 billion
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Auto and cars

Stellantis and Dongfeng plan European JV to distribute and build Chinese EVs

Stellantis (NYSE:STLA) and China's Dongfeng Motor Group announced their intention to establish a new, Europe-based joint venture to manage the sales, distribution, and potential localized manufacturing of Dongfeng’s electric vehicles across the continent.

Leia mais: Stellantis and Dongfeng plan European JV to distribute and build Chinese EVs
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Strategic Storage Trust VI reports higher Q1 revenue as rental rates offset occupancy dip

Strategic Storage Trust VI, a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT (NYSE:SMA), announced its operating results for the first quarter of 2026, highlighted by top-line growth and improved same-store metrics.

Leia mais: Strategic Storage Trust VI reports higher Q1 revenue as rental rates offset occupancy dip
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ImmunityBio bladder cancer therapy accepted for FDA review to expand label

ImmunityBio (NASDAQ:IBRX) said the U.S. Food and Drug Administration accepted its supplemental Biologics License Application for review, aiming to expand the approved use of its immunotherapy drug Anktiva to treat a wider patient base with non-muscle invasive bladder cancer (NMIBC).

Leia mais: ImmunityBio bladder cancer therapy accepted for FDA review to expand label
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Energy

Cadeler revenue doubles on fleet expansion despite lower utilization rates

Cadeler (NYSE:CDLR) reported a sharp increase in first-quarter revenue and core earnings, validating its multi-year fleet expansion strategy even as short-term vessel maintenance and transit windows temporarily pulled down fleet utilization rates.

Leia mais: Cadeler revenue doubles on fleet expansion despite lower utilization rates