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Stocks Lack Conviction Despite Strong Bank Results | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec.

Diles a esas zorras que me las enseñen

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More on Bloomberg Television and Markets

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What's coming? A jobs layoff tidalwave

This short list source from TODAY = Google

Estimated Job Cuts (2026)Primary Reason / Division Impacted

Oracle~25,254
AI-driven restructuring and cloud computing shift.

Citi~20,000
(Ongoing)Broad corporate downsizing to reduce total workforce by 10%.

Amazon~16,000
Reducing organizational bureaucracy and adding AI automation.

British American Tobacco~9,000
Transitioning to tech-enabled operations outside the U.S..

Microsoft~4,800
Commercial sales, corporate divisions, and massive Xbox overhaul.

Dow Inc.~4,500
Streamlining chemical production with automation and AI.

Cisco~4,000
Pivoting resources into high-growth AI networking and security.

Atlassian~1,600
Reshaping the workforce and adapting to software AI tools.

Disney~1,000
Corporate restructuring within the entertainment division.

Salesforce~1,000
Efficiencies gained by replacing customer support with "Agentforce" AI agents.

AreaUPS~20,000
Facility closures and structural shipping volume shifts.

Meta~8,000
10% workforce reduction to fund AI infrastructure shifts.

Intuit~3,000
Reallocating 17% of headcount directly into generative AI.

Chevron~800+Targeting a multi-year 20% global corporate workforce reduction.

VerizonThousands (Ongoing)Trimming operating expenses to offset declining wireless market share.

Thomson Reuters~500
Enterprise and media division operational restructuring.

— @journalistedisoncarter

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The Tech Industrial Revolution Bull Market Gains continue. DVLT Datavault AI 7:% for the week..101 Institutional Investors..RIVN Rivian up 7 % week. MX Magnachip Semi 2 % week. LTRX Lantronix 5 % week. FLD Fold Holdings Fintech 2 % week. RIME AI 10 % week. NVDA Nvidia 4 % week and many more.

— @2023gainer

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Bone Spurs too cowardly to put boots on the ground. Why should the rich fight their own wars?

— @clifftanch

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Holding LINK and $SPX55K but $SPX55K is the main dish 🍽

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SPCX got people thinking long term again. Thats why this little correction never bothered me. Still holding SPX55K.

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Take months or years rebuild damage oils infrastructure in Persian Gulf region

— @MarekKolenda-l8s

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Semiconductor production shortage because shortage components supply from Qatar

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Oils prices only on paper trading on stock market.Real prices be double when oils shortage supply start

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Entire segment about United Airlines. And a trucking company. What?

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More User Perspectives

@

The currency required to keep banks producing profits,
is not capable of supporting all the desires that US Investors seek today.
The US is out of money to provide enough to support the system.

@BobLuddle
@

USA USA! 250 Baby!🎉

@TheJacksons1