Goldman CEO David Solomon says investor appetite for AI infrastructure remains strong despite a reset in AI stocks and political uncertainty around data centers.
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PepsiCo plans to cut about 1,000 jobs across North America as it streamlines operations and works to revive sales in its home market.
The updates came alongside a third-quarter earnings report for the legacy Paramount Skydance.
The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.
The Children's Place has filed for chapter 11 bankruptcy protection and is seeking bids from potential new owners by Dec. 9.