Comcast Corp. is planning ​a significant ‌number of job cuts as ​part of ​an overall restructuring ⁠of its ​cable-TV, broadband and ​wireless businesses, Bloomberg News reported on ​Wednesday, citing ​people familiar with the ‌developments.

Comcast Corp. is planning a significant number of job cuts as part of an overall restructuring of its cable-TV, broadband and wireless businesses, according to people familiar with the company’s thinking.

Comcast is planning significant job cuts across its cable, broadband and wireless businesses as it restructures ahead of the planned 2027 NBCUniversal separation, aiming to streamline operations and free up money for growth.

The cuts are expected to occur within a couple weeks and focus mainly on cable-TV, broadband and ​wireless businesses

U.S. stocks rose as strong earnings from Elon Musk’s SpaceX eased concerns about the profitability of the artificial-intelligence business, sparking gains for chip makers.

The U.S. stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial and other big companies. The S&P 500 added 0.4% and pulled within 1% of its all-time high set earlier this month.

U.S. stocks rose, with the Nasdaq leading gains, after SpaceX’s earnings gave a big boost to the artificial-intelligence trade.

Asian shares are mixed with Japan and South Korea tech stocks advancing following a broad rally on Wall Street.

Three people were killed in two attacks on an Aramco oil field and an airport in Saudi Arabia’s Eastern Province Wednesday. The US State Department issued an ordered departure for non-emergency personnel and their families from the kingdom.

Oil prices rose on Thursday as more attacks by the Houthis in Saudi Arabia prompted the United States to order some diplomats and family members to leave its missions in the Kingdom.

Brent oil prices rose to their highest since May and WTI crude rose to $100/bbl before pulling back on Thursday following further deadly attacks in Saudi Arabia that hit the international airport in the eastern city of Dammam,

Oil prices fell, reversing earlier gains that pushed Brent crude above $110 a barrel, as traders weighed Middle East oil exports against threats to shipping through the Strait of Hormuz and attacks targeting Saudi Arabia.

Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street’s expectations

Netflix remains a buy as strong Q3 growth, healthy retention, and a low valuation support long-term upside. Read more on NFLX stock here.

Netflix stock is getting a valuation reset after the subscription streaming video service posted its slowest sales growth in three years.

Netflix stock extended its losses another 4% on Wednesday after some Wall Street analysts cut their price targets in response to weaker guidance overshadowing the streamer's third-quarter earnings. The company had projected a slowdown in fourth-quarter revenue growth and lower ad sales for 2026 than previously expected despite posting a stronger-than-expected third quarter profit and revenue that was in-line with Wall Street's estimates. The...