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Artificial Intelligence News 27 October 2025 - 28 October 2025

AI Tsunami Crushes Chegg: 45% of Jobs Axed, Stock Plunges

AI Tsunami Crushes Chegg: 45% of Jobs Axed, Stock Plunges

Massive Cuts and CEO Shakeup Chegg’s announcement on Oct. 27 came as a shock to many in education and tech. The 388-job cut represents one of the largest reductions in its history (Chegg had only about 1,270 employees as of end-2024reuters.com). CEO Dan Rosensweig – who led Chegg through its peak years – is returning to steer the overhaul, replacing Nathan Schultz. Schultz, who transformed Chegg from a textbook-rental service into a broader learning platform, was thanked for his contributions but agreed to step asidestocktitan.net. Rosensweig’s message was cautiously optimistic: “I’m confident Chegg has a bright future, and I look
28 October 2025
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Elon Musk’s ‘Grokipedia’ Takes Aim at Wikipedia – Truth Revolution or Biased Echo Chamber?

Elon Musk’s ‘Grokipedia’ Takes Aim at Wikipedia – Truth Revolution or Biased Echo Chamber?

Grokipedia’s Launch and How It Works Elon Musk unveiled Grokipedia v0.1 to the public on October 27, 2025, marking his latest bid to disrupt a mainstream platform he deems biasedfoxbusiness.com. The site’s design closely mimics Wikipedia – featuring a dark-themed homepage with a central search bar and article layouts with familiar headings and sectionsbusinessinsider.com. On launch day, Grokipedia listed 885,279 articles on its homepagebusinessinsider.com, a hefty start for a new encyclopedia (roughly 1/8 the size of English Wikipedia). However, within hours of going live the site became unresponsive, with many users encountering errorsbusinessinsider.com. xAI’s team scrambled to restore service, and by Monday evening (U.S. time) Grokipedia was back
28 October 2025
Dow Dips as Fed Fears Slam Tech Stocks – Hot Economic Data Rattles Wall Street (Sept 25, 2025)

Stocks Surge to Record Highs as AI Boom Meets Trade Deal Hopes – Boom or Bubble?

Record Highs on Trade Optimism and Fed Hopes Wall Street’s euphoria to start the week was driven in large part by hopes of a U.S.-China trade truce and a friendlier Fed. On Monday, the S&P 500 notched its second straight record close, and the Dow and Nasdaq also finished at new all-time highstriblive.com. Investors cheered news that U.S. President Donald Trump will meet China’s President Xi Jinping on Thursday, aiming to finalize a deal framework that could pause new U.S. tariffs and roll back China’s export curbs on rare-earth mineralstriblive.com. After two days of talks in Malaysia, U.S. officials signaled China may boost purchases of
27 October 2025
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Intel Stock Soars on AI Hype and $15B Lifeline – Can the Rally Last?

Intel Stock Hits 18-Month High as AI Hype and $15 B Deals Fuel Stunning Rally

Shares Soar on AI Buzz and “Rescue” Deals Intel’s stock price has rallied dramatically in 2025, recently reaching its highest level since early 2024 on the back of AI optimism and hefty strategic investments. Intel Corporation’s stock price has been on a tear, hitting levels not seen in over a year and a half. Shares of the Silicon Valley semiconductor icon jumped as much as 7–8% after its latest earnings report, briefly reaching an 18-month high (around $39–$40)reuters.com. The stock is now trading near a two-year peak, marking a dramatic turnaround from its struggles in 2022–2024. Year-to-date, INTC has nearly
27 October 2025
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NVIDIA 2025: Dominating the AI Boom – Company Overview, Key Segments, Competition, and Future Outlook

Nvidia (NVDA) Stock Rallies on AI Boom, Trade Optimism – Analysts Weigh Competition & Outlook

NVDA Stock Surges Amid AI Optimism Nvidia’s stock rallied at the start of this week, gaining nearly 3% on Monday to ~$190.7investopedia.com. The jump outpaced broader indexes, as optimism about a potential U.S.-China trade deal and cooling inflation lifted tech shares to record highsinvestopedia.comreuters.com. Nvidia’s Monday gain helped extend its year-to-date climb to about +30%, vastly outperforming the S&P 500’s returnsts2.tech. Shares are only a few points shy of the all-time intraday peak (~$195.62) reached in early Octoberts2.tech. Back then, euphoric buying amid the AI boom briefly boosted Nvidia’s market capitalization above $4 trillion – even surpassing Apple to be
27 October 2025
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Cadence’s AI-Fueled Q3 Surprise: Earnings Beat, Big Deals, and Bold Forecasts Ignite CDNS Stock

Cadence Stock Skyrockets on AI Chip Boom: CDNS Hits New Highs Amid Earnings Beat and $3B Deal

CDNS Stock Performance: Near Highs After Steady Climb Cadence’s stock has been on a steady upward trajectory throughout 2025, riding the broader tech wave. After starting the year around the high-$200s, CDNS surged over the summer amid the AI-driven market rally, peaking around $370 in Julyfinviz.com. A mid-September pullback – triggered by Synopsys’s China-related warning – saw Cadence briefly dip into the low $330sfinviz.comfinviz.com, but the stock quickly rebounded. By late October, CDNS was trading near $350and hitting fresh multi-month highs ahead of earningsasktraders.com. In fact, the stock jumped ~6.6% in the five sessions leading up to the Q3 earnings releaseasktraders.com, reflecting bullish anticipation from
27 October 2025
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Amazon’s Latest Shock: Up to 15% of HR Workforce Axed in AI-Fueled Restructuring – Stock and Market Impacts

Amazon Axes 30,000 Jobs in Historic Layoff – AI Efficiency Push and Stock Gains

Amazon’s Largest-Ever Job Cut: 30,000 Roles to Go In a startling cost-cutting move, Amazon is poised to eliminate up to 30,000 corporate jobs starting Tuesday (Oct. 28)reuters.com. That figure represents nearly 10% of Amazon’s roughly 350,000 corporate employees and marks the biggest layoff in the company’s historyreuters.com. For comparison, Amazon’s previous major downsizing in late 2022 and early 2023 totaled about 27,000 job cutsreuters.com. The latest cuts – reported by Reuters and confirmed by other outlets – underscore how dramatically Amazon is moving to streamline its business after years of rapid workforce expansion. Amazon has not officially commented on the reports of the layoffsreuters.com. However, three
27 October 2025
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Cadence’s AI-Fueled Q3 Surprise: Earnings Beat, Big Deals, and Bold Forecasts Ignite CDNS Stock

Cadence’s AI-Fueled Q3 Surprise: Earnings Beat, Big Deals, and Bold Forecasts Ignite CDNS Stock

Q3 Earnings Beat Expectations Cadence Design Systems delivered better-than-expected third-quarter results, showcasing resilient growth as the semiconductor design boom continues. Adjusted EPS jumped to $1.93, topping analyst forecasts of $1.79uk.investing.com. Revenue for Q3 hit $1.34 billion, edging past the $1.32 B consensus and rising ~10% from $1.22 B in the year-ago quarteruk.investing.com. On a GAAP basis, net income was $287.1 million ($1.05 per share), up ~20% year-on-yearnasdaq.com – reflecting solid operational gains even after accounting for acquisition costs. The company cited broad-based strength across its product lines (which span chip design software, IP, and hardware systems), as customers accelerated projects in areas like artificial
27 October 2025
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Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown

Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown

CLS Stock Surges on AI Wave TORONTO – Celestica’s stock is on fire. The electronics manufacturing company’s shares continued their remarkable run on Monday, rallying to new highs as investors bet on the artificial intelligence (AI) hardware boom. Celestica’s Toronto-listed stock closed at approximately C$424 per sharestockchase.com on October 27, extending a multi-session upswing. The weekly gain now tops 13%ts2.tech, and the stock has climbed an astonishing ~316% over the past yearts2.tech – a growth rate that vastly outpaced the broader market. This historic rally reflects surging optimism that Celestica will be a big winner in the rush to build
27 October 2025
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New AI Fighter Jet X-BAT Aims to Outsmart China’s First-Strike Threat

New AI Fighter Jet X-BAT Aims to Outsmart China’s First-Strike Threat

China’s Runway-Busting Threat U.S. analysts warn that China’s military doctrine emphasizes crippling U.S. airpower on the ground. The People’s Liberation Army has deployed thousands of long-range precision missiles (including anti-ship “carrier killer” DF-21D/DF-26 missiles) to hit U.S. carriers and Pacific airfields foxnews.com. “They’ve basically said, ‘We’re not going to compete stealth-on-stealth in the air — we’ll target your aircraft before they even get off the ground,’” explains Armor Harris, Shield AI’s VP of Aircraft Engineering foxnews.com. Indeed, modern air wars often begin by striking runways or airbases (Israel’s strike on Iran’s airfields, or Russian strikes on Ukrainian runways) to prevent
27 October 2025
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ChatGPT Crashes Worldwide — Downdetector Alarms, OpenAI Responds, Markets React

ChatGPT Crashes Worldwide — Downdetector Alarms, OpenAI Responds, Markets React

Sources: Industry trackers and tech media report the details of the outage Dataconomy Findarticles; OpenAI’s updates are public on its status page; Reuters and TS2.tech cover corporate moves and stock reactions Reuters ts2.tech; and AI experts in AI Magazine and tech analysis comment on reliability and resilience Aimagazine Businessinsider. All statistics and expert quotes are drawn from these contemporaneous sources.
27 October 2025
Google Stock Surges on AI Frenzy, Olympic Cloud Deal and Big Deals – Can It Hit $300 Next?

Alphabet Stock Skyrockets to New Highs – AI and Cloud Frenzy Nears $3 Trillion

Alphabet Inc.’s stock has been on a tear through October. Monday’s close near $265 (Oct. 27, 2025) means shares are flirting with record territoryts2.tech. This follows an intraday high above $257 on Oct. 20ts2.tech, which briefly put Alphabet’s market cap into the elite $3 trillion rangets2.tech. Year-to-date Alphabet is up about 30%, far outpacing the S&P 500 (≈+12%)ts2.techts2.tech. As one market commentator put it, “It’s been a standout run for Alphabet,” driven by excitement around its AI projects and a revival in online advertisingts2.tech. Several factors have fueled the rally. First, Alphabet’s earnings and revenue have rebounded. In Q2 (July–Sept), Google’s
27 October 2025
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Stock Market Today

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
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