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Tech giants are using a new buzzword to rebrand restructuring
TheStreet94d agobearish
Tech giants are using a new buzzword to rebrand restructuring

The tech sector’s relentless restructuring wave has claimed another major player, pushing 2026’s total workforce reductions to a grim milestone, as companies continue to reallocate capital towards automated systems. GitLab, an open-source web platform crucial to engineers for securely storing code, ...

Cisco CEO reveals real reason behind 4,000 job cuts
TheStreet94d agobearish
Cisco CEO reveals real reason behind 4,000 job cuts

Cisco is positioning itself as one of the companies built to win from the artificial intelligence boom. But that shift is bringing pain for workers. Despite a record quarter, the tech giant is reducing thousands of jobs as part of a broader restructuring tied to where it sees future growth. ...

Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reports
Reuters95d agobearish
Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reports

Arm Holdings is facing an antitrust probe by the U.S. Federal ‌Trade Commission over the British chip designer's ‌licensing of its semiconductor technology, part of ongoing global scrutiny ​of the business, Bloomberg News reported on Friday. The FTC is investigating whether Arm is trying to illegally monopolize parts of the semiconductor market. It is ‌looking to assess ⁠if Arm will reject or downgrade the licensing agreements for its chip blueprints ⁠used to design central processing units, the report said, citing people familiar with the matter.

Stocks tumble as US-Iran impasse fuels inflation fears
AFP95d agobearish
Stocks tumble as US-Iran impasse fuels inflation fears

Global stocks slumped and oil prices rose Friday with worries about sustained inflation driving up bond yields with no conclusion to the Iran war in sight."Today the catalyst is really the rally in bond yields, bond markets are under pressure as oil prices rise.

Global Bond Selloff Worsens as Rising Oil Prices Spook Investors
Bloomberg95d agobearish
Global Bond Selloff Worsens as Rising Oil Prices Spook Investors

(Bloomberg) -- Government bond markets tumbled around the world, sending yields surging from Japan to the US on intensifying fears that the war-driven price shock will force central banks to raise interest rates to contain the impact.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London M

Ford Falls Most in 15 Months After AI-Driven Rally Abates
Bloomberg95d agobearish
Ford Falls Most in 15 Months After AI-Driven Rally Abates

(Bloomberg) -- Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrum

Walmart layoffs raise new fears about the economy
TheStreet95d agobearish
Walmart layoffs raise new fears about the economy

On paper, the U.S. economy might seem strong. There were 115,000 jobs added in April, beating expectations. But much of that growth came from health care and social assistance positions. Economists often view those jobs differently from gains in sectors like manufacturing, retail, and ...

Assessing Microsoft (MSFT) Valuation After UK Antitrust Probe And Reshaped OpenAI Alliance
Simply Wall St.95d agobearish
Assessing Microsoft (MSFT) Valuation After UK Antitrust Probe And Reshaped OpenAI Alliance

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...

Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker
24/7 Wall St.95d agobearish
Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

POET Technologies shares slide on $400M offering, Q1 earnings miss
Proactive95d agobearish
POET Technologies shares slide on $400M offering, Q1 earnings miss

POET Technologies Inc (TSX-V:PTK, NASDAQ:POET, FRA:RI4A) stock fell about 12% on Friday following the announcement of a $400 million registered direct offering and weaker-than-expected first quarter earnings. The company, which designs and develops Photonic Integrated Circuits (PICs), light...

Stocks Tumble on Inflation Jitters
Barchart95d agobearish
Stocks Tumble on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...