Meta to Axe 10% of Staff in First Wave of Layoffs, Google Partners with Marvell for Two AI Chips
About this episode
This episode covers the latest market updates including layoffs at Meta, Google's AI chip partnership, and rising oil prices due to geopolitical tensions.
Market update for April 20, 2026. Check out the Public app for incredible investing tools and to support the show ( LINK ) Follow us on Instagram ( @TheRundownDaily ) for bonus content and instant reactions. In today’s episode: The Strait of Hormuz is closed again after Iran reversed course over the weekend, sending oil prices higher Meta is reportedly preparing another major round of layoffs Google is in talks with Marvell to develop new AI chips TopBuild shares jump after QXO announces a $17 billion acquisition deal AST SpaceMobile drops after Blue Origin places one of its satellites in the wrong orbit Inspire Brands, may be heading back to the public markets with a potential $2 billion IPO
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