-0.00016569093118304 5.52303103942942E-05 0.0016569093118304 0.00197503589970186 0.00613056445377231 0.00629625538495535 0.00447917817298137 0.00386612172760405
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Stockreport

AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo [MSNBC.com]

Amazon.com, Inc. (AMZN)  More Company Research Source: MSNBC.com
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023.David Paul Morris | Bloomberg | Getty ImagesBeleaguered artificial intelligence startup Stability is laying off employees after theexit of its controversial former CEO Emad Mostaque.Stability, which is behind the popular Stable Diffusion large language model, made more than 20 of its employees redundant to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.The company's newly appointed co-CEOs Shan Shan Wong and Christian Laforte told employees in an email Wednesday night that the firm needed to "restructure parts of the business, which will sadly mean saying goodbye to some colleagues.""Those who are affected by this have been notified individually and we will be supporting them throughout this period," Wong and Laforte, who were previously chief operating officer and ch [Read more]

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Stockreport

AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo [MSNBC.com]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023.David Paul Morris | Bloomberg | Getty ImagesBeleaguered artificial intelligence startup Stability is laying off employees after theexit of its controversial former CEO Emad Mostaque.Stability, which is behind the popular Stable Diffusion large language model, made more than 20 of its employees redundant to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.The company's newly appointed co-CEOs Shan Shan Wong and Christian Laforte told employees in an email Wednesday night that the firm needed to "restructure parts of the business, which will sadly mean saying goodbye to some colleagues.""Those who are affected by this have been notified individually and we will be supporting them throughout this period," Wong and Laforte, who were previously chief operating officer and ch [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS