Netflix is laying off 6% of its workforce, its biggest cuts since 2022, amid slowing growth and weaker customer engagement. Shares are down over 40% in the past year. The layoffs come one week before earnings, with Netflix maintaining its full-year outlook.
JPMorgan is testing AI agents that independently shift investments between stocks and bonds as market conditions change. In 20-year backtests, its top model beat the traditional 60/40 portfolio by 0.7 percentage points annually, with lower volatility. All eight AI agents delivered stronger risk-adjusted returns. But JPMorgan urges caution: the results are…
AI PRICING WAR INTENSIFIES: COMPANIES NOW PAY JUST $1.80 PER MILLION TOKENS