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Amazon’s Massive Layoffs. PayPal’s Comeback. Gold’s Big Setup
Amazon’s layoffs show where AI is headed next. PayPal’s AI deal shocks Wall Street. And gold’s dip? A potential buying window.
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Amazon’s largest job cuts ever reveal how quickly AI is transforming the workforce. Meanwhile, PayPal just made a major comeback with OpenAI and analysts say the latest gold pullback might be the last great buying window before the next rally.
Top Stories of the Day:
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Amazon Layoffs: Inside the Largest Corporate Job Cuts in Company History as AI Takes Over
Amazon is laying off about 14,000 corporate workers in its biggest restructuring ever, as AI takes over functions once handled by humans. The move follows reports that Amazon plans to cut 500,000 jobs by 2027, a seismic shift for Big Tech and a warning sign for white-collar workers everywhere.
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PayPal Stock Surges After OpenAI Partnership
Shares of PayPal jumped 14% after the company announced its wallet will be embedded in ChatGPT, letting users buy directly through the AI app. It’s a pivotal moment for PayPal merging payments with the world’s most used AI platform — and investors are taking notice.
Reddit’s Top Stocks Beat the S&P by 40%
Buffett-era investing was all about company performance. The new era is about investor behavior.
Sure, you can still make good returns investing in solid businesses over 10-20 years.
But in the meantime, you might miss out on 224.29% gainers like Robinhood (the #6 most-mentioned stock on Reddit over the past 6 months).
Reddit's top 15 stocks gained 60% in six months. The S&P 500? 18.7%.
AltIndex's AI processes 100,000s of Reddit comments and factors them into its stock ratings.
We've teamed up with AltIndex to get our readers free access to their app for a limited time.
The market constantly signals which stocks might pop off next. Will you look in the right places this time?
Past performance does not guarantee future results. Investing involves risk including possible loss of principal.
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Why the Gold Pullback May Be a Buying Opportunity for Investors
Gold prices have dipped from record highs, and RBC’s Chris Louney says that’s exactly when smart investors should buy. Between central bank demand and de-dollarization trends, analysts see potential for gold to hit $4,500 by 2026.
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