Reuters

Rivian cuts 1% of workforce in second round of layoffs this year

Google consolidates its DeepMind and Research teams amid AI push

Walmart-backed Ibotta shares surge 33% in strong market debut

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

TSMC expects Q2 sales to jump on ‘insatiable’ AI demand

Biden – and steelmakers – promise U.S. Steel will stay American

Stock correlations tick up as Wall Street extends declines

Google lays off employees, shifts some roles abroad amid cost cuts

Morning Bid: Powell dashes easing hopes, markets dented again

Trump Media shares tank after filing shows more stock may be sold