MediaPost81d agobearish
Microsoft Cuts Thousands Of Jobs, Xbox 'Resets'Microsoft is cutting 4,800 jobs - impacting 20% of the staff of its gaming division Xbox, which is expected to be fully restructured, according to a company memo.
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Insider Monkey81d agobearish
JPMorgan Cuts Wix.com (WIX) Target to $62 in a Sector-Wide RecalibrationWix.com Ltd. (NASDAQ:WIX) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 18, JPMorgan analyst Alexei Gogolev lowered his price target on Wix.com Ltd. (NASDAQ:WIX) to $62 from $86, and left the Underweight rating on the shares unchanged. The target cut was part of […]
Moby81d agobearish
Xbox Cuts 4,800 Jobs in Major Reset to PlatformIncoming CEO Asha Sharma cut jobs, shuttered four studios Monday, and said we’re going all in on six publishing labels.
Barrons.com81d agobullish
How SK Hynix Can Save the AI Rally—or Send Tech Stocks Tumbling AgainSK Hynix’s planned U.S. listing this week will test the AI-fueled chip rally, offering investors a chance to buy a memory chip maker not named Micron Technology—or to stay away from a group that may have come too far, too fast. U.S. investors can get exposure to the country with the iShares MSCI Korea exchange-traded fund, but buying Samsung Electronics or SK Hynix individually has been almost impossible.
24/7 Wall St.81d agoneutral
TeraWulf Stock Is Up 95% This Year: Here’s WhyShares of TeraWulf (NASDAQ:WULF) extended a powerful rally on Monday afternoon, separating the stock from its bitcoin-mining peers by a wide margin. WULF stock is up 4% today and up 95% year to date to $22.10, marking its most sustained rerating since going public. The catalyst is a landmark 20-year lease with Anthropic, the private ... TeraWulf Stock Is Up 95% This Year: Here’s Why
Axios81d agobearish
Microsoft overhauls Xbox amid broader cutsMicrosoft is cutting 3,200 Xbox gaming unit jobs, selling four game studios and reshaping the struggling business as part of a broader restructuring announced Monday.
Insider Monkey81d agobullish
C3.ai (AI) and Shell Expand Global Predictive Maintenance PartnershipC3.ai Inc. (NYSE:AI) is one of the top 10 hidden AI stocks to buy. On June 4, C3.ai and Shell extended their multi-year collaboration to scale their enterprise predictive maintenance program globally. This expansion builds on a partnership dating back to 2018, which currently monitors over 13,000 pieces of equipment across Shell’s asset operations. Under […]
Motley Fool81d agobullish
Microsoft vs. Meta Platforms: What's the Better "Magnificent Seven" Stock to Buy for the Second Half of 2026?These stocks were down more than 14% at the halfway mark of the year.
Stocktwits81d agoneutral
MSFT's Xbox Business Has Become 'Almost Irrelevant', Says Analyst — ‘Every Investment Dollar Now Is Going To AI’During an interview with CNBC, DA Davidson’s Gil Luria said that every dollar of Microsoft's investment is going toward funding its AI efforts and data centers.
24/7 Wall St.81d agoneutral
Nvidia’s Biggest Threat Is This: Everyone Is Desperate to Stop Paying Nvidia Prices.NVIDIA (NASDAQ:NVDA) owns the AI compute market, but every major customer is spending billions to buy less of what it sells. NVIDIA carries a $4.75 trillion market cap and sits between a 52-week low of $158.18 and a high of $236.26. Q1 FY27 revenue came in at $81.61 billion, up 85.2% year over year, with ... Nvidia’s Biggest Threat Is This: Everyone Is Desperate to Stop Paying Nvidia Prices.
MT Newswires82d agoneutral
Microsoft to Cut Workforce by 4,800 as Xbox Announces RevampMicrosoft (MSFT) plans to lay off about 4,800 employees amid an evolving industry backdrop, as its X
Reuters Videos82d agobearishVIDEO
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts<body><p>STORY: Microsoft is cutting more than 2% of its workforce, or roughly 4,800 jobs, joining other tech titans in a wave of layoffs as they shift investments to AI infrastructure.</p><p>:: Microsoft</p><p>In a memo to employees, Microsoft's Chief People Officer said the roles being eliminated won't be replaced by AI, but are part of a broader effort to realign resources as AI changes how the company works.</p><p>Booming AI demand has powered growth at Microsoft's Azure cloud-computing business, which was the exclusive seller of OpenAI's models until April.</p><p>But the mounting cost of building data centers to run those services is squeezing the company's cash flows.</p><p>To help offset that, Microsoft is restructuring parts of its lagging gaming unit, described by its division head last month as needing a "reset" as profit margins have dropped.</p><p>A report in The Information last month said the company is considering a potential spinoff of its Xbox unit, or restructuring it as a wholly owned subsidiary.</p><p>Big Tech's historic AI outlays, set to top $700 billion this year, are putting pressure on companies across the sector to show returns on AI and offset the rising costs of rolling it out across their businesses.</p><p>Amazon and Meta Platforms have also laid off thousands of employees this year.</p><p>:: Microsoft</p><p>Microsoft announced the cuts on Monday following a nearly 23% slump in its shares in the first six months of 2026, their worst first-half performance since 2022.</p><p>Shares fell further on Monday, dropping more than two percent at one point in morning trading.</p></body>
GuruFocus.com82d agobearish
Microsoft Stock Falls After Wolfe Research Cuts Target on AI Spending FearsTop analyst sends stark message on Microsoft as AI expenses climb
Euronews82d agobearish
Microsoft cuts 4,800 jobs with Xbox facing its biggest shake-upAbout 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year.View on euronews
GuruFocus.com82d agobearish
Microsoft Cuts 4,800 Jobs as Xbox ShrinksThe company is reducing costs while reshaping its gaming business.
CBS News82d agoneutral
Microsoft to cut more than 3,000 jobs from ailing Xbox unitMicrosoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Reuters82d agoneutral
Microsoft to cut 4,800 jobs, overhaul Xbox unitBy Aditya Soni and Akash Sriram July 6 (Reuters) - Microsoft said on Monday it would cut 4,800 jobs, or about 2.1% of its global workforce, overhauling its Xbox gaming business and divesting up to
24/7 Wall St.82d agoneutral
What Would Steve Jobs Do Today?Steve Jobs, the co-founder, long-time CEO of Apple (NASDAQ: AAPL), and the heart and soul of the company, died in 2011. If he were alive, he would watch his handpicked CEO, Tim Cook, retire. Cook did almost everything right for Apple’s shareholders. But he did little to change the company’s products. The iPhone was first ... What Would Steve Jobs Do Today?
MT Newswires82d agoneutral
Top Midday Stories: Solstice to Acquire Element Solutions for About $14.5 Billion; Anthropic Enters 20-Year Lease Agreement for TeraWulf Data CenterThe Nasdaq Composite and S&P 500 Index were up in late-morning trading Monday, as tech stocks rose b
TechCrunch82d agoneutral
Microsoft lays off nearly 5,000 employees across Xbox, commercial salesMicrosoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears of AI replacing jobs. The layoffs will hit Xbox and commercial sales the hardest.
Reuters82d agoneutral
Factbox-Companies cutting jobs as investments shift toward AIMicrosoft said on Monday it is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts of its commercial and Xbox businesses, joining other tech giants in a wave of layoffs as companies shift investment toward AI infrastructure. The cuts highlight deepening concern among investors and economists that AI adoption will upend established industries, with job losses already emerging in sectors most exposed to automation.
GuruFocus.com82d agoneutral
Microsoft's AI Assistant Push Gets UnifiedReport says consumer and enterprise apps will merge
Motley Fool82d agoneutral
2 Genius Artificial Intelligence (AI) Stocks Trading at Irresistible PricesMicrosoft and Meta Platforms are down, but definitely not out.
Yahoo Finance Video82d agoneutralVIDEO
Microsoft plans to cut 3,200 jobs from its Xbox divisionMicrosoft (MSFT) announced that it plans to cut 3,200 jobs in its Xbox gaming division, with Xbox CEO Asha Sharma commenting on the business' margins in her latest memo to employees.