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Bloomberg22h agobearish

Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore

(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense St

Bloomberg22h agobearish

Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore

(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holdin

Barrons.com1d agobearish

Warby Parker Stock Slumps 11% as Questions Cloud Its Google Gemini AI Eyewear Reveal

The AI eyewear will launch this fall in several optical and sunglass styles, per the announcement made during Google’s I/O event.

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MT Newswires1d agobearish

US Equity Indexes Fall as Trump's Warnings to Resolve Iran Standoff Send Treasury Yields Sharply Higher

US equity indexes slid as the 30-year Treasury yield rose to a two-decade high amid bets favoring hi

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TheStreet1d agobearish

5-star analyst drops eye-popping Intel stock price target

Intel (INTC) stock has lost about 19.17% since hitting its highest-ever closing price of $129.44 on May 11. It is currently trading at $104.62, according to Yahoo Finance at the time of writing, Tuesday morning, May 19. Intel repurchased Apollo’s (APO) equity interest in the joint venture related ...

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TheStreet1d agobearish

Amazon, Microsoft, Google power AI behind 49,000 finance layoffs

Roughly $1.5 trillion has flowed into artificial intelligence deployment since the launch of ChatGPT in late 2022, according to Advisor Perspectives, a sum that matches the projected fiscal year 2027 U.S. defense budget. Amazon, Microsoft, and Google are projecting approximately $725 billion in ...

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Motley Fool1d agobearish

MSA Advisors Sells Out of Vail Resorts Position, Unloads $8.3 Million in Stock

Vail Resorts operates 37 mountain destinations and luxury properties, generating revenue from lift tickets, lodging, and real estate.

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Investor's Business Daily1d agobearish

Stock Market Today: Dow Futures Fall As Micron, Sandisk Extend Slide; Home Depot, Google I/O In Focus

Futures fell as AI leaders Micron, Sandisk and more keep sliding. Home Depot beat views while Google I/O kicks off.

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Investing.com1d agobearish

CoreWeave, Nebius shares drop as Blackstone and Google launch $5B AI cloud venture

Investing.com -- Coreweave and Nebius shares dropped 4.5% Tuesday morning following Blackstone’s announcement of a joint venture with Google to create a new artificial intelligence cloud company using Google’s Tensor Processing Units.

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Reuters Videos1d agobearishVIDEO

Tech Weekly: data center deals, Meta's major job cuts

<body>STORY: From data center deals to Meta's major job cuts, this is Tech Weekly.:: Tech WeeklyGoogle and Blackstone announced on Monday they’re forming an AI cloud business venture. They’re aiming to capitalize on robust demand for AI data centers. Major asset manager Blackstone will invest an initial $5 billion.This will help bring 500 megawatts of data center capacity online in 2027, with further expansion planned over time. The total investment value could reach $25 billion, including leverage, according to Bloomberg News.Tesla’s Elon Musk expects fully self-driving cars without human safety monitors will soon be nationwide in the U.S. "We already have some vehicles operating with no people inside and no safety monitors in three cities in Texas and what probably will be widespread in the U.S. by later this year and hopefully in Israel too."Tesla, which has faced slowing vehicle sales, operates robotaxis in Austin, Dallas and Houston.But when Reuters tested it, it was plagued with long wait times, no availability or incorrect drop off spots for riders. Yet, Musk remains positive that cars with no humans will be ubiquitous within a decade.Samsung Electronics and its South Korean union have narrowed some differences in talks, a mediator said on Tuesday.Pressure’s mounting from the government and business groups to avoid an imminent and damaging strike. The two sides are seeking to hash out a deal on bonus payments before nearly 48,000 workers walk off the job for 18 days on Thursday.Samsung accounts for almost a quarter of Sourth Korea’s exports.And a strike of that magnitude and length has the potential to inflict significant damage on the economy. Samsung’s also the world’s largest memory chip maker and production disruptions could dent global supply during the AI boom. Meta’s planning to lay off 10% of its employees this week as it surges its AI investments. The tech giant said in a memo to staff that workforce cuts would be accompanied by organizational changes aimed at improving AI workflows. It said the company plans to move 7,000 employees to new initiatives related to AI workflows and slash managerial roles.The changes are part of a far-reaching overhaul planned at Meta this year, as it looks to center AI agents in both product offerings and internal work. A robot bricklayer could help address a shortage of skilled workers, according to one of its developers...by automating one of the most repetitive and physically demanding roles on building sites.Founder and CEO of JT Lifestyle Homes, Dr Jan Telensky:"When I did the survey the average age of a bricklayer in UK is 46 years, which means, and nobody is learning it. So in 20 years time who is going to build the houses if you need a bricklayer?"His solution is WLTR, the Wall Laying Terra-Based Robot, known simply as 'Walter.He added that the robot can do the work of five bricklayers and one labourer in an hour, while being operated by one person.</body>

Yahoo Finance1d agobearish

Trump traded over $50 million in 'Magnificent 7' stocks last quarter, loading up on Apple and Google and selling Tesla

President Trump made 94 different trades of 'Magnificent 7' stocks in the first quarter of 2026, a new ethics disclosure shows, executing millions of dollars in transactions even as he was meeting with and often promoting these top tech companies.

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Bloomberg2d agobearish

Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts

(Bloomberg) -- Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes planned staff reductions later this week. Most Read from BloombergStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil Sanctio

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MT Newswires2d agobearish

Market Chatter: Apple Working on AI Writing Tools, Shortcuts for iOS 27

Apple (AAPL) is preparing new AI features for iOS 27 and iPadOS 27 as it looks to narrow the gap wit

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Bloomberg2d agobearish

Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27

(Bloomberg) -- Apple Inc. is preparing a wave of artificial intelligence features for its next iPhone and iPad operating systems, including a grammar checker and new shortcut options, part of an effort to narrow the gap with capabilities available on rival devices.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as

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Investopedia2d agobearish

UnitedHealth Stock Falls After Berkshire Hathaway Shakes Up Portfolio

Shares of UnitedHealth Group slipped on Monday after Berkshire Hathaway revealed in a regulatory filing that it divested from the healthcare giant during the first quarter.

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Motley Fool2d agobearish

Alphabet's New Growth Engine Is Something Investors Can't Miss

TPU sales are starting to have a huge impact on Alphabet's growth rates.

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Quartz2d agobearish

Berkshire CEO Greg Abel sells 16 stocks, triples Alphabet

Greg Abel exited positions including Visa, Mastercard, Amazon, and UnitedHealth while boosting Berkshire's Alphabet stake to almost 58 million shares

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Investor's Business Daily2d agobearish

Stock Market Today: Dow Futures Steady, Techs Rise As Oil Falls In Latest Iran Twist; Nvidia, Walmart, Tesla On Watch (Live Coverage)

Stock Market Today: Dow futures pared losses as oil prices reversed on Iran state media reports of waived sanctions. Nvidia, Walmart earnings loom.

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Barchart3d agobearish

Microsoft Stock Is an AI Bargain That Investors Are Missing

Microsoft trades at a more attractive valuation relative to peers like Alphabet and Amazon.

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Moneywise3d agobearish

Gates' foundation sold all of its Microsoft shares. Bill Ackman is loading up on the stock. What is Wall Street missing?

Ackman believes investors have missed one crucial detail about Microsoft.

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StockStory3d agobearish

LegalZoom, Pinterest, and EverQuote Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after the April PPI report lifted the 10-year Treasury yield to a 10-month high of 4.49%, eliminating 2026 rate-cut expectations and raising the discount rate for long-duration growth valuations.

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StockStory3d agobearish

Angi, Carvana, and Booking Shares Are Falling, What You Need To Know

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Investing.com3d agobearish

A quarter of recent layoffs has been attributed to AI

Investing.com -- Artificial intelligence is beginning to account for a significantly larger share of corporate workforce reductions, according to a UBS Global Research report issued on May 13, 2026.

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Moneywise4d agobearish

$800B in AI spending is juicing GDP and stocks — while real wages fall and Americans cut back on goods

AI companies are boosting the U.S. economy, but it doesn’t tell the full story about inflation, wages, and the labor market.

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24/7 Wall St.5d agobearish

Nvidia Sells the Shovels, Alphabet Digs the Mine: Two Paths to AI Dominance

NVIDIA (NASDAQ: NVDA) closed its fiscal year on Feb. 25, 2026 with $68.13 billion in Q4 revenue, up 73.2% YoY. Alphabet (NASDAQ: GOOG) followed in late April with $109.90 billion in Q1 revenue and a $460 billion Cloud backlog. Both earnings reports frame the same AI build-out from opposite ends: NVIDIA sells the shovels, Alphabet ... Nvidia Sells the Shovels, Alphabet Digs the Mine: Two Paths to AI Dominance

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MT Newswires5d agobearish

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Friday afternoon, with the State Street Technology Select Sector SPDR ET

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MT Newswires5d agobearish

Sector Update: Tech Stocks Fall in Afternoon Trading

Tech stocks were lower Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XL

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Barrons.com5d agobearish

Microsoft Goes Beast Mode on AI—and Almost-Round-the-Clock Trading Is Almost Here

Microsoft has invested $12 billion in OpenAI over the past seven years, and now has a 27% stake in that company worth a staggering $230 billion.

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GuruFocus.com5d agobearish

Alphabet Sells Record Yen Bond

Alphabet raised $3.6 billion in Japan's bond market as it funds heavy AI spending.

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Quartz5d agobearish

Alphabet sells record yen bonds worth $3.6 billion for AI

The debut yen bond sale by Google's parent surpasses the previous record of ¥430 billion set by Berkshire Hathaway in 2019

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