--- title: "AM markets need to know: Meta layoffs, Samsung and union, and more" type: "News" locale: "en" url: "https://longbridge.com/en/news/286895486.md" description: "Stock index futures fell, with tech stocks under pressure. Key stories include Blackstone and Google forming a data center venture with a $5B commitment, Meta starting layoffs affecting 10% of its workforce, Gina Rinehart investing $97M in U.S. defense, Samsung and its union making progress in negotiations, and the SEC planning to introduce a framework for trading tokenized securities." datetime: "2026-05-19T10:33:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286895486.md) - [en](https://longbridge.com/en/news/286895486.md) - [zh-HK](https://longbridge.com/zh-HK/news/286895486.md) --- # AM markets need to know: Meta layoffs, Samsung and union, and more Stock index futures slipped Tuesday, as Nasdaq futures bottomed the pack, with tech stocks continuing to face pressure. Now, here are 5 news stories that broke overnight to watch out for: Blackstone and Google form data center venture: Blackstone (BX) announced a joint venture with Google (GOOG) (GOOGL) to create a new U.S.-based company offering d... ### Related Stocks - [META.US](https://longbridge.com/en/quote/META.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) ## Related News & Research - [GIPHY Extends Multi-Year Integration Partnership with Meta | SSTK Stock News](https://longbridge.com/en/news/286926344.md) - [Meta to eliminate around 8,000 jobs as AI investment push intensifies (META)](https://longbridge.com/en/news/286786670.md) - [What Is Going On With Meta Stock On Monday?](https://longbridge.com/en/news/286790893.md) - [EXCLUSIVE-Meta lays out plans for May 20 layoffs, restructuring, internal document says](https://longbridge.com/en/news/286809586.md) - [What's Going On With Meta Platforms Stock Today?](https://longbridge.com/en/news/286272851.md)