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Nike To Slash Over 700 US Distribution Jobs Amid Automation Push: Report

Nike To Slash Over 700 US Distribution Jobs Amid Automation Push: Report

by Namrata Sen | Jan 27, 2026 | General

In a bid to enhance profitability and expedite the use of automation, Nike Inc. (NYSE:NKE) has reportedly decided to lay off 775 employees at its U.S. distribution centers. More Layoffs At Nike Amid Industry Changes The layoffs, announced by the sneaker giant, are in...
UnitedHealth Heads Into Q4 Earnings As Elevated Medical Costs Loom — Is Stability In Sight?

UnitedHealth Heads Into Q4 Earnings As Elevated Medical Costs Loom — Is Stability In Sight?

by Vishaal Sanjay | Jan 27, 2026 | General

With health insurer UnitedHealth Group Inc. (NYSE:UNH) set to report its fourth-quarter results on Tuesday, investors remain focused on elevated medical costs, which weighed on the company’s margins and profitability throughout the past year. Are Medical Costs Set To...
Top Valuation Expert Says AI Market Needs ‘Trillions In Revenue’ To Justify Valuations After Cashing Out Of Its Biggest Chipmaker

Top Valuation Expert Says AI Market Needs ‘Trillions In Revenue’ To Justify Valuations After Cashing Out Of Its Biggest Chipmaker

by Rishabh Mishra | Jan 27, 2026 | General

Aswath Damodaran, the ‘Dean of Valuation,’ has issued a stark warning to AI investors that the math simply does not add up. Citing a massive disconnect between upfront infrastructure spending and future earnings, the NYU finance professor revealed he has fully exited...
Micron Plans Nearly $24 Billion Singapore Investment To Address AI-Driven Demand

Micron Plans Nearly $24 Billion Singapore Investment To Address AI-Driven Demand

by Namrata Sen | Jan 27, 2026 | General

Micron Technology Inc. (NASDAQ:MU) has begun building a state-of-the-art wafer fabrication plant in Singapore, with plans to invest about $24 billion (SG$31 billion) over the next ten years amid strong AI-driven demand for its memory chips. Expanding the NAND Center...
Northrop Grumman Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Northrop Grumman Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

by Avi Kapoor | Jan 27, 2026 | General

Northrop Grumman Corporation (NYSE:NOC) will release earnings for the fourth quarter before the opening bell on Tuesday, Jan. 27. Analysts expect the Falls Church, Virginia-based company to report fourth-quarter earnings of $6.96 per share. That’s up from $6.39...
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