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WALL STREET LAYOFFS NEWS
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mountIndian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semicondu...24 Jun, 2026, 01.32 AM IST- US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanD...23 Jun, 2026, 08.29 PM IST
- US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mountIndian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Fede...23 Jun, 2026, 07.05 PM IST
- Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful ana...23 Jun, 2026, 06.00 PM IST
- US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...23 Jun, 2026, 09.46 AM IST
- US stocks today: S&P 500, Dow tick higher as investors weigh Mideast negotiationsWall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-I...22 Jun, 2026, 08.06 PM IST
- Micron Technology stock price jumps on Monday, shares up nearly 300 per cent for 2026U.S. Stock Market today: Micron Technology shares moved higher in premarket trading on Monday. AI-driven optimism has supported Wall Stree...22 Jun, 2026, 06.26 PM IST
- Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism?Cipla's stock surged following Citi's 'Buy' rating and a 90-day Positive Catalyst Watch. The brokerage anticipates growth from potential US...22 Jun, 2026, 12.11 PM IST
- US Stock Market: Micron earnings to test strength of AI-fuelled Wall Street rallyThe U.S. stock market's AI-fueled rally faces a crucial test with Micron Technology's upcoming earnings report. Investors are keenly watchi...22 Jun, 2026, 09.40 AM IST
- 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...19 Jun, 2026, 01.42 AM IST
- Investors brace for less predictable Fed as Warsh rewrites playbookKevin Warsh's first Federal Reserve meeting as chair saw interest rates held steady, but a shift away from forward guidance blindsided trad...18 Jun, 2026, 02.46 PM IST
- Apple CEO Tim Cook says AI boom makes price increases 'unavoidable'Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase...18 Jun, 2026, 08.33 AM IST
- Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...17 Jun, 2026, 05.13 PM IST
- US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...16 Jun, 2026, 01.44 AM IST
- US stocks: Dow hits record high on Iran deal optimism, lower oil pricesMajor Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middl...15 Jun, 2026, 07.53 PM IST
- Wall St. futures advance over 1% as markets cheer Iran dealIndian markets are set for a strong opening. A preliminary deal between the US and Iran has boosted investor sentiment. SpaceX's successful...15 Jun, 2026, 01.58 PM IST
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...15 Jun, 2026, 08.59 AM IST
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