Shares to fall; ASX Ltd names interim CEO, Woolworths warns on profit

Oil nears $US120; Microsoft, Amazon swing on results; Woolworths says FY26 EBIT will no longer be at top end of range; MinRes lifts guidance; South32 extends Hermosa timeline. Follow live.

Meta Q1 Revenue Soars 33% in Q1, Net Profit Hits $26.8 Billion Ahead of Mass Layoffs

Even as Meta continues make money hand over fist, the tech giant is set to make a large round of layoffs to optimize ...

ASX slumps to worst losing streak since 2018; Woolworths dives 8pc

Oil nears $US120; Microsoft, Amazon swing on results; Woolworths says FY26 EBIT will no longer be at top end of range; MinRes lifts guidance; South32 extends Hermosa timeline. Follow live.
KTVZ

Meta cutting 66 jobs in Prineville as contract ends, says most workers may be rehired

A contractor working with Meta will lay off at least 66 employees at its Prineville data center next month. The company tells ...