๐จ Microsoft, Google and Canva are all shrinking their workforces as AI infrastructure costs continue to rise.
Microsoft offered buyouts to around 60,000 employees, Canva affected 1,271 roles, and Google expanded buyout offers to 5 more countries.
Meanwhile, Alphabet spent $51.4B on capex last quarter, more than its business generated in cash.
The bigger story isn't just layoffs. It's the cost of the AI race.
Tech companies are spending billions on AI infrastructure, and employees are increasingly paying the price.
โ๏ธ Read the full AI Bubble brust story here | Youtube | Instagram
Microsoft offered buyouts to around 60,000 employees, Canva affected 1,271 roles, and Google expanded buyout offers to 5 more countries.
Meanwhile, Alphabet spent $51.4B on capex last quarter, more than its business generated in cash.
The bigger story isn't just layoffs. It's the cost of the AI race.
Tech companies are spending billions on AI infrastructure, and employees are increasingly paying the price.
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โค7๐คฏ2๐1๐1
Forwarded from The Ledger Report
๐ฅ๏ธ๏ธ๏ธ๏ธ๏ธ๏ธ๐ฎ๐ณ BREAKING: INDIAN STOCK MARKET ADDS โน7.79 TRILLION ($82B) AS NIFTY SURGES 2%
Indiaโs stock market is on a massive winning streak, with the NIFTY extending its gains for the 6th consecutive session.
The rally has added billions to investor wealth, with the index gaining nearly 6% this week.
Buying is widespread across sectors, with heavyweight stocks including Reliance, HDFC Bank, Adani, Titan and ICICI Bank leading the rally.
Indian equities are seeing a strong comeback as investor confidence returns.
Source: NSE India, NDTV Profit
Indiaโs stock market is on a massive winning streak, with the NIFTY extending its gains for the 6th consecutive session.
The rally has added billions to investor wealth, with the index gaining nearly 6% this week.
Buying is widespread across sectors, with heavyweight stocks including Reliance, HDFC Bank, Adani, Titan and ICICI Bank leading the rally.
Indian equities are seeing a strong comeback as investor confidence returns.
Source: NSE India, NDTV Profit
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Trump's party loses Congress: what happens to Bitcoin and US markets now? ๐
https://youtu.be/D3HB2t0mQ_4
https://youtu.be/D3HB2t0mQ_4
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๐จ Bitcoin broke below $80,320 (20-day average).
1H close: $80,276.
Next level: 78,354 (weekly open). Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
1H close: $80,276.
Next level: 78,354 (weekly open). Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
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๐จ Bitcoin broke below $78,354 (weekly open, main support).
1H close: $78,288.
Next level: 76,875 (100-day average). Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
1H close: $78,288.
Next level: 76,875 (100-day average). Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
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THIS IS ABSOLUTELY WILD!!! ๐คฏ
$25,00,00,00,00,000 wiped from the U.S. stock market in just 60 minutes after Democrats called for a ban on AI.
That's roughly the entire market cap of the crypto market.
If pressure on AI companies grows, tech stocks and crypto could both face more downside.
โ๏ธ DIscuss | Youtube | Instagram
$25,00,00,00,00,000 wiped from the U.S. stock market in just 60 minutes after Democrats called for a ban on AI.
That's roughly the entire market cap of the crypto market.
If pressure on AI companies grows, tech stocks and crypto could both face more downside.
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๐คฏ18๐6โค3๐1๐คฉ1
๐จ Bitcoin broke below $76,875 (100-day average).
1H close: $75,952.
Next level: 75,736. Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
1H close: $75,952.
Next level: 75,736. Confirmation comes on the daily close, not the wick.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
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โ
Daily close confirmed: Bitcoin closed the day at $76,088, below $80,320. Next level: 78,354 (weekly open).
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
Today's video: https://youtu.be/D3HB2t0mQ_4
Not financial advice.
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Nasdaq dropped 5.5%, And $440B was vanished from Nvidia's market cap, while Bitcoin slipped from $80K to $76K.
Is the AI bubble finally bursting?
I break down the market and key BTC, ETH and SOL levels for the weekend in today's video.
โก๏ธ https://youtu.be/IYmn3YbRlCk
Is the AI bubble finally bursting?
I break down the market and key BTC, ETH and SOL levels for the weekend in today's video.
โก๏ธ https://youtu.be/IYmn3YbRlCk
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๐ Bitcoin touched $75,158 (Thursday's low), but the 1H close of $75,866 is back inside.
No break yet. Confirmation comes on the daily close.
Today's video: https://youtu.be/IYmn3YbRlCk
Not financial advice.
No break yet. Confirmation comes on the daily close.
Today's video: https://youtu.be/IYmn3YbRlCk
Not financial advice.
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ED just raided sites linked to Coindcx
https://x.com/Crypto_Jargon/status/2118753190174978363?a=V4AV0ddpRKGQIi4IMuM&s=20
https://x.com/Crypto_Jargon/status/2118753190174978363?a=V4AV0ddpRKGQIi4IMuM&s=20
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He scammed more than $30 million with 200+ fake tokens.
Flaunted a Rolls-Royce. Got celebs like Caitlyn Jenner involved. then gone to jail in Dubai.
Now he's back and scamming again
The rise and fall of Sahil Arora ๐งต
(1/11)
https://x.com/Crypto_Jargon/status/2118918463548948768?a=Qpv53eJyzmaiMpTdI2A&s=20
Flaunted a Rolls-Royce. Got celebs like Caitlyn Jenner involved. then gone to jail in Dubai.
Now he's back and scamming again
The rise and fall of Sahil Arora ๐งต
(1/11)
https://x.com/Crypto_Jargon/status/2118918463548948768?a=Qpv53eJyzmaiMpTdI2A&s=20
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ED says your rupee orders on CoinDCX were filled on Binance and KuCoin, through a Costa Rica company it calls a paper entity.
CoinDCX calls it a routine enquiry, and Delta says user funds are safe in Indian banks.
I've covered what really happened, what it means for your money, and the BTC, ETH and SOL weekend levels in today's video.
https://youtu.be/RUcDrpds2PA
CoinDCX calls it a routine enquiry, and Delta says user funds are safe in Indian banks.
I've covered what really happened, what it means for your money, and the BTC, ETH and SOL weekend levels in today's video.
https://youtu.be/RUcDrpds2PA
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