Wednesday’s top analyst recommendations: Nvidia, SpaceX, Tesla, Cava, AMD, Palantir, Microsoft and others
Wall Street Updates: Key Moves and Ratings This Wednesday, several notable changes and upgrades made waves on Wall Street. UBS upgraded Crescent Energy, indicating it’s a good entry point, starting with a buy rating and a price target of $13 for CRGY. Meanwhile, Morgan Stanley named FTAI Aviation as its top pick in the aerospace […]
Seattle rising costs push Microsoft family to sell their house and move to a smaller place.
Families in the Seattle area are feeling the heat from rising costs, finding it increasingly difficult to manage their budgets. With soaring prices for essentials like groceries, gas, and housing, some are choosing to sell their homes and downsize. Liesl Gatcheco, a local self-employed esthetician, shared her experience with a news outlet, noting that last […]
Asha Sharma, CEO of Microsoft Xbox, Named to Advisory Position at the Federal Reserve Following Major Job Cuts
Microsoft’s Xbox CEO Joins Federal Reserve Task Force Asha Sharma, the CEO of Microsoft’s Xbox division, has been appointed to the Federal Reserve’s employment task force. This comes shortly after her announcement of significant layoffs within the gaming sector, raising eyebrows about the connections between Big Tech and government policy. Sharma took over as CEO […]
Microsoft reduces 4,800 jobs as AI investments transform the workforce
Microsoft Job Cuts and AI Developments At the Microsoft Build 2025 conference in Seattle, CEO Satya Nadella spoke about significant recent changes at the company, including the decision to cut 4,800 jobs. This move, which accounts for about 2.1% of Microsoft’s global workforce, mainly impacts the commercial and Xbox divisions. The layoffs are part of […]
Microsoft approves many H-1B visas as Xbox lays off 1,600 workers
Boston Federal Judge Blocks Trump’s H-1B Visa Fees A federal judge in Boston has put a stop to the Trump administration’s proposed $100,000 fee for H-1B visas, labeling it a fraudulent tax that lacked Congressional approval. This policy, implemented last year, dramatically raised fees from a previous $2,000 to $5,000, supposedly to prioritize U.S. citizens […]
End of the Line: Microsoft Cuts 4,800 Jobs in Xbox Gaming Division
Microsoft to Cut 4,800 Jobs in Xbox Division Microsoft is planning to lay off around 4,800 employees in its Xbox gaming division as part of a strategy to revitalize a struggling business. Recently, a relatively inexperienced young executive from India was appointed to lead Xbox, adding a unique twist to the company’s direction. In a […]
A large-scale job cut at Microsoft is happening now — and this is just the start.
Microsoft’s Xbox Division Set for Major Overhaul and Job Cuts Under the fresh leadership of Asha Sharma, Microsoft is gearing up for significant changes within its Xbox division, including substantial layoffs. The restructuring plan is set to commence as soon as Monday. Reports indicate that around 3,200 employees within the Xbox division are facing layoffs, […]
Microsoft reduces workforce by almost 5,000 employees, primarily at Xbox: ‘Our business is not performing well’
Microsoft is planning to lay off 4,800 employees, primarily affecting its Xbox division, as it adjusts to shifts in the technology landscape driven by advancements in artificial intelligence. This decision follows the company’s substantial investments in AI after a long focus on gaming. Amy Coleman, Microsoft’s chief human resources officer, noted in a memo that […]
A Stock Worth Buying Before It Reaches the $3 Trillion Mark Like Google, Apple, Microsoft, and Nvidia
There are currently four companies worldwide valued at over $3 trillion: Apple, Microsoft, Nvidia, and Alphabet. What’s interesting is, they all share a commonality. Whether it’s crafting groundbreaking consumer hardware, managing essential software for businesses, or creating chips that drive the AI revolution, they light up the market in their unique ways. Meanwhile, there’s Taiwan […]
Microsoft may cut 4% of its employees next week.
Microsoft Plans New Layoffs Impacting Workforce Microsoft is reportedly set to let go of up to 2.5% of its staff, potentially affecting around 5,000 employees, as early as next week. The reductions might touch various sectors, including sales, consulting, and even their Xbox gaming division, according to sources. This move is part of broader restructuring […]