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Paramount stock surged 13% because Sony and Apollo might buy the company

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qz.com › paramount-stock-sony-apollo-skydance-1851423463

Paramount Global stock soared more than 13% on Friday, making it the day’s best performer on the S&P 500. The stock surged followed a Reuters report that Sony Pictures Entertainment and Apollo Global in talks about a joint bid to purchase Paramount.

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Google tells staff not to 'debate politics' after firing workers who protested Israel contract

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qz.com › google-alphabet-ceo-memo-no-tech-for-apartheid-protests-1851423415

Google CEO Sundar Pichai told employees not to “fight over disruptive issues or debate politics” at the office, a day after the company fired 28 workers who had protested against Googlescloud computing and AI services contract with Israel.

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Lululemon plans to layoff hundreds of employees as it closes a distribution center

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qz.com › lululemon-layoffs-store-closures-employees-1851423344

Lululemon is in the process of closing down its distribution center in Washington and laying off 128 employees, according to a WARN filing submitted on Thursday to the state’s Employment Security Department.

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Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it

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qz.com › super-micro-computer-stock-nvidia-micron-technology-amd-1851423394

It was a bad day for artificial intelligence stocks on Friday. It started when Super Micro Computer saidit won’t pre-announce earnings and that it will report fiscal third-quarter results on April 30. ​​That spooked investors who worried the company’s earnings might not meet expectations.

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The Pentagon is spending billions on Big Tech and Silicon Valley startups as it goes all in on AI

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qz.com › the-pentagon-is-spending-billions-on-big-tech-and-silic-1851423069

A new report from Brown University’s “Costs of War” project sheds light on a renewed closeness between the Pentagon and Silicon Valley, with the Department of Defense and U.S. intelligence communities awarding contracts to major tech firms worth as much as a combined $53 billion between 2019 and 2022.

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The Dow jumps 200 points but the Nasdaq plunges as markets stay jittery after Israel and Iran clash

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qz.com › dow-jones-stock-markets-nasdaq-israel-iran-1851422725

The Dow Jones Industrial Average rebounded Friday as Israel and Iran appeared to step back from the brink of a larger confrontation following Israeli airstrikes overnight. But the other major U.S. stock indexes were in the red Friday afternoon.

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A JetBlue Airways plane almost ran into a Southwest Airlines plane

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qz.com › jetblue-southwest-reagan-airport-incident-1851422381

In another scary plane incident during a year that has been full of them, a JetBlue Airways plane and a Southwest Airlines plane nearly ran into one another on the ground Thursday at Washington, D.C.’s Reagan National Airport, NBC News reports.

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