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Microsoft plans thousands of layoffs to boost AI spending, cutting under 2.5% of staff.

Market News
01 Jul 2026
Market Watch
View Source
Bearish
pluang ai news

Microsoft is reportedly preparing to lay off thousands of employees, representing less than 2.5% of its approximately 220,000 workforce. This move is part of the company's strategy to increase investment in artificial intelligence. The layoffs come amid a 19% drop in Microsoft's shares over the past month, signaling potential market concerns. The company aims to reallocate resources to focus more on AI development, which is seen as a critical area for future growth.

More News (MSFT)

International tech stocks outperform U.S. peers in H1 2026 despite AI volatility.

International tech stocks outperform U.S. peers in H1 2026 despite AI volatility.

In the first half of 2026, the technology sector showed strong gains globally, with international tech stocks significantly outperforming U.S. counterparts. Emerging market tech stocks led with over 90% growth, followed by European tech stocks rising...

Market News
Bullish
4 hours ago
$100K dividend portfolio targets 5.91% yield with diversified ETFs and high-yield stocks

$100K dividend portfolio targets 5.91% yield with diversified ETFs and high-yield stocks

The article presents a $100,000 dividend-focused portfolio centered on the Schwab U.S. Dividend Equity ETF (SCHD), enhanced by 10 high-yield stocks and select funds to achieve a 5.91% weighted average dividend yield, nearly double SCHD's 3.27%. The p...

Others
Bullish
18 hours ago
Russell index reconstitution blurs lines between growth and value in megacap tech stocks.

Russell index reconstitution blurs lines between growth and value in megacap tech stocks.

The June 2026 Russell index reconstitution shifted some megacap tech stocks like Amazon, Apple, and Microsoft from growth to value categories due to changing fundamentals such as strong cash flows and buybacks. This reflects a broader market trend wh...

Market News
Neutral
20 hours ago
Warren Buffett delays Berkshire donation amid Gates Foundation Epstein review; banks downgraded, tech stocks mixed.

Warren Buffett delays Berkshire donation amid Gates Foundation Epstein review; banks downgraded, tech stocks mixed.

Warren Buffett is postponing his usual midyear Berkshire Hathaway donation to the Gates Foundation until a review of the foundation's ties to Jeffrey Epstein is completed. This delay could push the donation to his annual Thanksgiving letter. Meanwhil...

Market News
Neutral
21 hours ago
Gold miners set for July rebound as energy costs fall; AI stocks face pressure from rising costs and debt.

Gold miners set for July rebound as energy costs fall; AI stocks face pressure from rising costs and debt.

Gold mining stocks like GDX, NEM, B, and HL are expected to rebound in July due to lower energy costs and gold being oversold. Meanwhile, major AI-focused tech companies such as MSFT, META, AMZN, and ORCL are under pressure from rising AI infrastruct...

Market News
Neutral
23 hours ago
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