Meta to Axe 10% of Staff in First Wave of Layoffs, Google Partners with Marvell for Two AI Chips
Podcast: The RundownPublished On: Mon Apr 20 2026
Description: 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 higherMeta is reportedly preparing another major round of layoffsGoogle is in talks with Marvell to develop new AI chipsTopBuild shares jump after QXO announces a $17 billion acquisition dealAST SpaceMobile drops after Blue Origin places one of its satellites in the wrong orbitInspire Brands, may be heading back to the public markets with a potential $2 billion IPO
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