Visa plans to lay off approximately 2,600 employees, accounting for around 7% of its total workforce.

According to market data from BIT (bit.com), Dell Technologies (DELL.N) is on track to record its largest single-day drop since April 2025, currently down 13.5%.

According to TechCrunch, Fish Audio announced Tuesday that it has closed a $50 million seed funding round. The round was led by Coreline Ventures and Capital Today, with participation from investors including 359 Capital, Parable, Play Time, Alphalist Partners, Bayhouse Ventures, Carya Venture Partners, and HF0. Fish Audio originated as a small project launched by Shijia Liao, a former NVIDIA researcher. Dissatisfied with the lack of high-performing synthetic speech technology in the market, Liao trained a speech generation model using a single GPU and open-sourced it. Today, the Fish Speech project repository has earned over 31,000 stars on GitHub, and is widely used by independent developers, game designers, and content creators. Over the past year, Fish Audio has rolled out 5 models: 4 speech generation models and 1 speech-to-text model. The company has open-sourced 3 of the speech generation models, while its latest S2.1 Pro model is currently only accessible via a paid API. Since its launch last year, the startup’s open-source and hosted model versions have attracted over 8 million users, with annual recurring revenue (ARR) hitting $21 million.

According to BIT (bit.com) market data, the S&P 500 Insurance Index rose 2.3%, hitting a new all-time high.

According to BIT (bit.com) market data, the Philadelphia Semiconductor Index of US stocks fell more than 5% intraday to a two-month low. Micron Technology (MU.O) dropped nearly 9%, SanDisk (SNDK.O) and Western Digital (WDC.O) fell over 12%. NVIDIA (NVDA.O) fell more than 1%, AMD (AMD.O) dropped over 8%, Intel (INTC.O) fell more than 6%, and Broadcom (AVGO.O) declined 2.8%.

The Nasdaq 100 Index has dropped 10% from its record high, poised to enter a correction.

According to market data from BIT (bit.com), Coca-Cola (KO) surged 6.09% with a gap-up opening, currently trading at $89.191, hitting a new all-time high, and its market capitalization now stands at $383.7 billion.