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Did artificial intelligence really drive layoffs at Amazon and other firms? It can be hard
The Amazon logo.Mark Lennihan/Associated Press The one thing N. Lee Plumb knows for sure about being laid off from Amazon last week is that it wasn’t a failure to get on board with the company’s artificial intelligence plans. Plumb, his team’s head of “AI enablement,” says he was so prolific in his use of Amazon’s...
Apple Admitted Something on Its Earnings Call That Intel Investors Need to Hear
Apple is struggling to secure enough semiconductor manufacturing capacity. Sales of Apple's (AAPL +0.47%) iPhone are booming. Revenue from the iPhone soared 23% year over year in the first quarter of fiscal 2026, marking the best-ever performance for Apple's flagship product. However, sales could have been even better. Apple uses TSMC to manufacture its custom...
Ethereum Price $2,200 Collapse Raises Risk Of A Sub-$2K Spike
Ethereum price started a major decline after it failed to clear $2,500. ETH is down 20% and is now struggling to stay above the $2,200 support. Ethereum failed to stay above $2,550 and started a fresh decline. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There is a major bearish trend...
