Tech Sector Layoff Rate Hits 20-Year High as Oracle, Microsoft Cut Thousands of Jobs
The U.S. information sector's layoff rate jumped to 2.3% in June, its highest level in at least two decades, as…
Microsoft (MSFT) Stock News
Latest Microsoft stock news — Azure cloud growth, AI product launches, quarterly earnings and MSFT price analysis.
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Amazon backs 7.65 GW natural gas plant for AI data center in West Texas
Amazon has acquired the GW Ranch site in West Texas to draw power from a 7.65 GW natural gas plant,…
Nvidia posts its biggest weekly stock surge in more than a year on Musk’s SpaceX endorsement
Nvidia's stock booked its best week in more than a year, adding $562 billion in market value after SpaceX chief…
Aswath Damodaran Says Microsoft, Amazon, Meta and Alphabet Are Overinvesting in AI
Aswath Damodaran, the NYU Stern professor known as the "Dean of Valuation," says Microsoft, Amazon, Meta and Alphabet are collectively…
Hyperscalers’ AI borrowing tops $489 billion as bond investors grow wary
AI-related debt issuance hit $489 billion by mid-2026, according to Goldman Sachs, with hyperscalers Alphabet, Amazon, Meta, Microsoft, and Oracle…
