<div id="readability-page-1" class="page"><div> Cisco to Shed Jobs for All-In AI Push The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs. ---- Equinox, Orla Agree to Form $18.5 Billion Gold Major Equinox Gold and Orla Mining agreed to combine in a deal that would create a new $18.5 billion North American gold miner. ---- SoftBank Lands $25 Billion Gain on OpenAI Bet The Japanese company has issued debt, sold stakes and borrowed to fund bold AI investments. ---- StubHub Swings to First-Quarter Profit as Sales Climb on Ticket Demand Chief Executive Eric Baker said StubHub is seeing a healthy operating environment for both live events and its resale marketplace, and its growing scale is boosting profitability. ---- Netflix Secures Three More Football Games in New NFL Deal The National Football League's four-year deal with Netflix licenses three additional games to the streaming platform, and agreements with Fox and NBC bring them more games as well. ---- Geothermal-Champion Fervo Energy's Shares Soar in Trading Debut The IPO values the energy company, backed by Bill Gates and Google, at about $7.7 billion. ---- Alibaba Profitability Remains Under Pressure The tech giant has continued to invest heavily in artificial intelligence and fend off intense competition in the food-delivery space. ---- Rivian CEO's Robotics Company Raises $400 Million The funding for the AI-powered industrial robot project now exceeds $1 billion. ---- Amazon Ditches Rufus for New AI Shopping Assistant Amazon is replacing Rufus with Alexa for Shopping as the company pushes further into agentic AI commerce. ---- Meta Offers Rival AI Chatbots Free Access to WhatsApp During EU Competition Probe The company is looking to avoid a potential fine from the bloc's regulator, which has launched an investigation into a possible breach of antitrust rules. ---- Famed Merops Drone Interceptor to Be Made in Europe The maker of Merops, the drone interceptor battle-tested in Ukraine and Iran, struck a deal to manufacture its product in Germany, in the latest move by Europe to capitalize on Ukrainian-related defense technology. ---- Nebius Stock Soars 18%. Why It's Catching Up to CoreWeave as the Top 'Neocloud.' The neocloud reports a seven-fold increase in first-quarter revenue from last year. ---- McDonald's Is Recommitting to Chicago In a Stadium-Naming Deal The new Chicago Fire soccer stadium will be called McDonald's Park and is expected to open in 2028. ---- Tencent's Core Businesses Help Cushion Burden of Intensified AI Push Tencent Holdings extended its streak of double-digit profit growth in the first quarter. ---- Nvidia Notches New Record as CEO Huang Is in China With Trump Nvidia stock could get a boost if President Donald Trump's summit leads to large-scale sales of chips to Chinese customers. ---- Nissan Targets Return to Profit After Restructuring Drive The Japanese carmaker forecasts a return to net profit this fiscal year after reporting its seventh straight quarterly net loss. <pre></pre> (END) Dow Jones Newswires May 13, 2026 19:15 ET (23:15 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

CSCO

NFLX

Cisco is restructuring, costing up to $1 billion in severance as it shifts focus to AI. Equinox and Orla Mining are merging to form an $18.5 billion gold company. SoftBank reports a $25 billion gain from AI investments. StubHub sees profits rise due to strong ticket demand. Netflix secures additional NFL games in a new deal. Fervo Energy's IPO values it at $7.7 billion. Alibaba faces profitability challenges amid heavy AI investments. Rivian's robotics firm raises $400 million. Amazon introduces a new AI shopping assistant. Meta offers free access to WhatsApp for rival AI chatbots during an EU probe. McDonald's commits to Chicago with a stadium-naming deal. Tencent reports double-digit profit growth. Nvidia's stock may rise with potential chip sales to China. Nissan aims for profitability after restructuring.

- Cisco is restructuring to invest in AI, estimating layoffs costs to reach up to $1 billion.  
- Equinox Gold and Orla Mining are merging to form an $18.5 billion gold mining company.  
- Nvidia's stock is poised for growth due to potential sales boosts from President Trump's summit in China.

MorningStar

Cisco

Meta Platforms

Netflix

Orla Mining

Equinox Gold

SPDR S&P Software

Global X E-commerce ETF

Direxion Daily NVDA Bull 2X Shares

iShares Expanded Tech Software Sector ETF

T-REX 2X Long NFLX Daily Target ETF

VanEck Semiconductor ETF

GraniteShares 2x Long META Daily ETF

Direxion Daily NFLX Bull 2X Shares

Roundhill AMZN WeeklyPay ETF

YieldMax NVDA Option Income Strategy ETF

VanEck Junior Gold Miners ETF

Direxion Daily AMZN Bull 2X Shares

Invesco Semiconductors ETF

iShares MSCI Global Gold Miners

Amplify Online Retail ETF

Direxion Daily CSCO Bull 2X Shares

SPDR S&P Semicon

Direxion Semicon Bull 3X

VanEck Gold Miners ETF

SoftBank Group Corp.

SoftBank

OpenAI

Stubhub - CL

Fox Corp -B

Alphabet

Alphabet - C

Alibaba

BABA-W

Rivian Automotive

Amazon

Nebius

Coreweave

McDonald's

TENCENT

Tencent

NVIDIA

Nissan Motor Co., Ltd.

Nissan Motor

BABA-WR

Alibaba HK SDR 5to1

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

NVIDIA Corporation

Dow Jones Top Company Headlines at 7 PM ET: Cisco to Shed Jobs for All-In AI Push | Equinox, ...