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WALL STREET LAYOFFS
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...- Robinhood stock soars despite layoffs – Why Wall Street is bullishRobinhood shares rallied after announcing a 10% workforce reduction, as investors viewed the move as a cost-efficiency strategy. Strong tra...
- US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlightS&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to end the week slightly ...
- US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
- Global Market Today: Asian stocks edge up, Yen nears 160 per dollarAsian stocks followed Wall Street higher, driven by renewed enthusiasm for AI-linked equities, pushing the S&P 500 to a ninth consecutive g...
- “How to decide which employees AI should replace”: After 20% layoffs, Cloudflare CEO Matthew Prince explains his strategyCloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew P...
- 'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trendJPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more ...
- America’s business schools are dangling discounts to win back students as AI panic sets inAmerican business schools are slashing tuition fees and offering scholarships. This move comes as professionals reconsider the value of tra...
- ‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
- US stocks today: US stocks end higher on tech rally; investors eye Beijing talksUS stocks closed higher with S&P 500 and Nasdaq hitting fresh record highs, led by a tech rally after Nvidia got approval to sell H200 chip...
- Walmart cuts 1,000 jobs amid AI push: Are even retail jobs not safe in the AI era? Walmart layoffs leave employees searching for answersWalmart layoffs: Walmart is cutting around 1,000 corporate jobs as part of a major restructuring. The layoffs are affecting teams in techno...
- India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
- Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need to knowCisco stock price today after CSCO earnings: Cisco shares soared following a robust earnings report. The networking giant exceeded expectat...
- Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
- Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...
- Global Market Today: Asian stocks drop, oil climbs on Iran tensionsAsian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy su...
- Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...
- Remember Twitter's CEO fired by Elon Musk? Parag Agrawal just built a $2 billion empire from scratchFormer Twitter CEO Parag Agrawal's new company, Parallel Web Systems, has secured $100 million in funding. This investment values the start...
- Meta Platforms stock today crashes 10%, wiping out $170 billion market cap - why AI spending fears is overshadowing strong earningsMeta stock crash after earnings: Meta Platforms shares plummeted over 10%, erasing $170 billion in value despite better-than-expected Q1 ea...
- Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
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