We're making two trades in Friday's tough broader market.
We're exiting our position in this chipmaker and right-sizing another winner
Source: CNBC
Original reporting
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American Express is cutting 5% of its workforce to 'prepare for AI'
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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Doctors call Moderna, Merck cancer vaccine data a major advancement — despite Wall Street reaction
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Musk's SpaceX is still restricting Starlink in Ukraine and the toll is rising
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DOJ sues to block Alaska from certifying Senate race winner if Republican narrowly loses
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AI's 'Black October': Critical PHP flaws set off global security scramble
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Fewer people are flying as airfare soars. Here's why airlines aren't worried
Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.