More techies are #opentowork as AI continues to shake up Silicon Valley.
CNBC's Julia Boorstin reports on news regarding Meta and Microsoft.

Meta, Microsoft Cuts Could Hit 23,000 Jobs

02:27pm, Friday, 24'th Apr 2026
Meta and Microsoft are planning layoffs or announcing buyouts that could affect as many as 23,000 jobs as they pivot spending to artificial intelligence. Bloomberg's Brody Ford and Riley Griffin join
Apple (NASDAQ: AAPL | AAPL Price Prediction) and Microsoft (NASDAQ: MSFT) just delivered holiday-quarter results that put two very different capital-return philosophies on display.
Analysts at UBS expect continued acceleration in cloud infrastructure growth when Microsoft Corp (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) report first quarter 2026 r
Layoffs in the tech industry are increasing as companies that are spending the most on AI infrastructure are simultaneously cutting thousands of jobs. Meta said on Thursday that it's cutting 10% of it
The market has spent much of the year rewarding caution and punishing complacency.
Microsoft (NASDAQ: MSFT) is extending gains on April 24 after “Big Short” investor Michael Burry revealed a new position in the tech titan amidst ongoing AI-driven pressure on tech stocks.   This
In its Q1 FY2026 results, Applied reported non-GAAP EPS of $2.38 against a $2.21 estimate, a 7.84% beat, with record DRAM revenue now representing 34% of Semiconductor Systems revenue, up from 27% yea

Tech Earnings Ahead

11:56am, Friday, 24'th Apr 2026
Pre-market futures are off their early morning highs, but still mostly in positive territory. Cease-fire talks look promising, as Iran reportedly is sending negotiators to Pakistan and plans are for a
Microsoft Corporation initiates its first voluntary buyout for senior U.S. employees, signaling a strategic pivot to operating discipline amid heightened scrutiny of its aggressive AI capex cycle. The
Michael Burry, who now publishes on Substack, has been gobbling up beaten-down software stocks. While Burry has concerns about artificial intelligence, he sees a massive opportunity in this "Magnifice
The Nasdaq is by far the outperformer among major indexes at this hour, +315 points or +1.17%.
Sector exposure and risk profiles set these two high-yield ETFs apart, shaping their appeal for income and growth-focused investors.
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