Tech News

Microsoft offers buyouts to 7% US staff amid AI spending surge

Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States, marking the first programme of this scale in the...

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Meta to cut 10% workforce as AI spending surge drives overhaul

Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as the social media giant looks to...

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Evening digest: Tech companies layoffs, oil surge rattle markets

Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical tensions on Thursday, with Meta Platforms announcing fresh layoffs, Microsoft launching...

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Palantir stock: Wyckoff Theory points to a dive to $100 after earnings

Palantir stock price is stuck in a bear market after falling by over 32% from its highest point last year. PLTR was trading...

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Corning stock gets expensive and overbought: will itt crash after earnings?

Corning stock price continued its strong uptrend and is now hovering at its all-time high as it became a big winner in the...

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Qualcomm stock price at risk of a crash despite OpenAI partnership rumors

Qualcomm stock price surged by over 12% on Monday as investors cheered a potential partnership with OpenAI ahead of its much-anticipated financial results...

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Google expands defence ties with Pentagon AI agreement

Alphabet’s Google has joined a growing list of technology firms partnering with the US Department of Defence to supply artificial intelligence models for...

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Atlassian stock prepares for a big move: will it jump or crash after earnings?

Atlassian stock price has slumped this year and is now hovering at its lowest level since November 2018. It was trading at $69,...

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META, MSFT, AMZN, GOOG head for ‘biggest earnings day’: why it matters

A pivotal moment for global markets is set to unfold as Alphabet, Amazon, Meta and Microsoft prepare to report earnings on the same...

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Seagate stock soars 15% as AI storage boom fuels earnings beat

Seagate Technology delivered a strong set of third-quarter results that comfortably exceeded Wall Street expectations, sending its shares sharply higher in premarket trading...