Bumble’s shares are up around 20% following the news of the job cuts. The company’s last round of layoffs was back in February 2024, when it cut 30% its workforce, impacting around 350 employees.

The meme token lost its luster in a cooling cryptocurrency market. Shiba Inu 's (SHIB 6.70%) price has declined 30% during the past month and underperformed many other cryptocurrencies.

Heavy trading in Kohl’s brough back memories of a ‘meme-stock’ rally from 2021 in highly shorted retail favorites such as GameStop and AMC Entertainment.

On Microsoft rival Google’s earnings call last week, CEO Sundar Pichai said AI was generating more than 30% of the company’s code. Of course, it’s unclear how exactly Microsoft and Google ...

“Almost 30% of Gen Z women identify as LGBTQ+, most as bisexual,” Jeffrey Jones, a senior editor at Gallup, told NBC News. “That’s where a lot of the growth seems to be happening.” ...