Apple Shuts Vision Pro Gaming Team, Cuts 200+ Jobs Eight Days Before John Ternus Becomes CEO
Apple laid off 200+ employees before the Sept. 1 CEO handoff to John Ternus, shutting Vision Pro's gaming team and restructuring Siri in a pivot to AI smart glasses.
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Vertex (VRTX) Q2 2026: ALYFTREK +266%, Margin Slips to 37.4%
Vertex's flagship TRIKAFTA is shrinking, and that is by design. TRIKAFTA/KAFTRIO revenue fell 2.1% to $2,497.2 million in the second quarter, but its successor
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Exxon, LyondellBasell, Apollo and Kuwait Petroleum Circle Shell's $8B U.S. Chemicals
Shell's $8B U.S. chemicals unit drew bids from Exxon, LyondellBasell, Apollo, and Kuwait Petroleum — four plants at below-replacement cost in a distressed chemicals sector.
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Palo Alto (PANW) Q3 FY26: $177M Loss, Organic Profit +55%
Palo Alto Networks posted its first quarterly net loss since fiscal 2022 — $177 million, against $262 million of net income a year earlier — and the acquisition
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