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Xbox Game Pass revenue hit nearly $5 billion for the first time, defying widespread Microsoft layoffs impacting its gaming ...
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost ...
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...
Artificial intelligence is already replacing thousands of jobs each month as the U.S. job market struggles amid global trade ...
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost ...
Microsoft is now a $4 trillion company, but that's cold comfort for all those ex (and soon to be ex) employees who helped ...
The tech industry is entering a new era where human employees are no longer at the center of growth. Across Silicon Valley, companies are slashing jobs, cutting costs, and redirecting their resources ...
Alphabet’s Google, Microsoft, Amazon and Meta Platforms are set to spend nearly $400 billion this year on capital expenditures, largely to build their artificial-intelligence infrastructure. That is ...
The US added 73,000 jobs in July, a big miss from the 104,000 that economists were expecting. Unemployment also ticked up to 4.2% as estimated. The labor market data comes after a week of Big Tech ...
What is good for the Magnificent Seven names is not necessarily good for the rest of the equity market,” one strategist said, ...
Forcing already cautious consumers to deal with higher prices as the job market weakens is a dangerous economic mix.
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...