Microsoft (MSFT) is laying off about 3% of its workforce, its largest headcount cut in more than two years.
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- Microsoft is stealing Amazon’s thunder in the cloud — and AI
Stock shrug off recession alarms as Big Tech earnings blow off the roof
U.S. stock futures soared Thursday morning, lifted by blockbuster earnings from Microsoft (MSFT) and Meta (META) that seemed strong enough to overshadow Wednesday’s unexpected GDP contraction. With Big Tech’s collective market cap nearing $10 trillion, investor sentiment looked ready to ride the rally — if Amazon (AMZN
- Meta earnings are coming. Here’s what to watch
When Meta (META) reports its 2025 first-quarter earnings after the market closes Wednesday, Wall Street will watch closely for signals on advertising resilience, genAI monetization, and fiscal discipline amid geopolitical headwinds, antitrust lawsuits, and general economic uncertainty.
The Dow drops 600 points and the Nasdaq reels as Trump blames Powell and Tesla adds to tech woes
U.S. stocks dropped sharply on Monday, continuing a volatile stretch for Wall Street as geopolitical tensions, earnings anxiety, and Fed uncertainty collide.
