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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.
AI companies are boosting the U.S. economy, but it doesn’t tell the full story about inflation, wages, and the labor market.
Microsoft (MSFT) stock is back in the spotlight after UK regulators launched a broad antitrust probe into its business software ecosystem and the company reworked its multibillion dollar AI partnership with OpenAI. See our latest analysis for Microsoft. Despite bouncing 1.04% in the last session to about US$409.43, Microsoft’s 7 day share price return is down 2.70% and its year to date share price return has fallen 13.43%, even as the company reshapes its OpenAI deal and faces fresh UK...
U.K. regulators have opened a formal antitrust investigation into Microsoft’s business software ecosystem, targeting Office, Teams, Copilot, and Azure. The probe focuses on bundling practices and how Microsoft’s services affect competition in cloud and AI interoperability. Microsoft has appointed former EY global chairman and CEO Carmine Di Sibio to its board as a director. At the same time, the company is pursuing independent AI capabilities by acquiring AI startups and expanding beyond its...
The UK watchdog will examine whether Microsoft has SMS in business software and whether it limits customer choice and competition.
LinkedIn built its business around helping people find jobs, grow their careers, and connect with employers. Now, the Microsoft-owned professional networking platform is delivering difficult news to some of its own workers. This comes within weeks of Microsoft’s voluntary buyouts for its ...
Cisco (NASDAQ: CSCO), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI. Cisco calls itself “The critical infrastructure for the AI era.” That is a way to drive a stock up without really saying much. Cisco’s results ... AI Causes Another 4,000 Layoffs
Investing.com -- LinkedIn is preparing to announce staff cuts on Wednesday, in the latest sign of continued restructuring across the technology sector.
The Microsoft-owned platform employs more than 17,500 people globally, putting the cuts at about 875 positions
LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year. LinkedIn employs more than 17,500 full-time workers globally, its website says. The cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12% in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft's securities filings.
Microsoft stock falls for a third straight session on Tuesday. But the stock is still above its 50-day moving average.
(Bloomberg) -- Amazon.com Inc. has begun the sale of its first Swiss franc bonds as it looks to raise a record six-part deal in the currency.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’The company is selling debt due in three, six, nine, 12, 18 and 25-years, according to a person f
(Bloomberg) -- Amazon.com, Inc. is preparing to issue Swiss franc bonds for the first time, as Big Tech hyperscalers turn to new debt markets to fund artificial intelligence spending.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in
(Bloomberg) -- This earnings season has delivered plenty of good news for the artificial intelligence trade, but instead of bidding up Nvidia Corp. shares, investors have been dumping them.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs AI Working Group, Model Testi
Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.
Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.
All three major US stock indexes were up in late-morning trading Tuesday, as oil prices slid despite
The S&P 500 (^GSPC) opened the week lower as oil prices spiked on renewed Iran tensions, with index futures slipping 0.1% after conflicting reports about a U.S. warship near the Strait of Hormuz. WTI crude futures jumped 3% to trade above $105 per barrel, and Brent climbed 3% to above $111, pulling capital into energy names. Futures recovered once ... S&P 500 Faces Oil-Fueled Sell-off Pressure in Possible Return to Merger Monday Deal