WS #11520
Microsoft announced 4,800 job cuts globally, including major Xbox restructuring, as part of cost-cutting and AI refocusing, negative for MSFT but consistent with tech layoff trend. TeraWulf signed a 20-year data center lease with Anthropic expected to generate $19 billion in revenue, driving WULF stock surge. Dell stock surged after President Trump urged investors to buy the stock, linking it to his Trump Accounts program, adding ~7% in minutes.
Microsoft job cuts
Microsoft announced 4,800 job cuts globally, including major Xbox restructuring, as part of cost-cutting and AI refocusing, negative for MSFT but consistent with tech layoff trend.
TeraWulf signed a 20-year data center lease with Anthropic expected to generate $19 billion in revenue, driving WULF stock surge.
Dell stock surged after President Trump urged investors to buy the stock, linking it to his Trump Accounts program, adding ~7% in minutes.