• Wed, June 18, 2025

by: Investopedia

Markets News, June 18, 2025: Stocks Close Little Changed After Fed Holds Rates Steady as Investors Monitor News on Israel-Iran Conflict

Stocks finished Wednesday's session near unchanged after the Federal Reserve left interest rates unchanged amid ongoing economic uncertainty, while investors monitored developments in the escalating conflict in the Middle East.

by: Investopedia

Microsoft Stock Just Hit a Fresh High; Company Plans to Trim Thousands of Jobs, Report Says

Microsoft is reportedly planning to trim thousands of jobs, particularly in sales, as the tech giant faces pressure to lower labor costs while it boosts spending on artificial intelligence.
  • Thu, June 19, 2025

by: WOPRAI

As of Jun 19th, 2025, there has been substantial selling of CompuMed, Inc. in recent trading

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1 Earnings Releases for Jun 19th, 2025

Microsoft Stock Just Hit a Fresh High; Company Plans to Trim Thousands of Jobs, Report Says

Microsoft is reportedly planning to trim thousands of jobs, particularly in sales, as the tech giant faces pressure to lower labor costs while it boosts spending on artificial intelligence.
Microsoft's stock reached a new high on January 18, 2023, closing at $242.28 per share, despite reports that the company plans to lay off thousands of employees as part of cost-cutting measures. The layoffs, expected to be announced before the company's quarterly earnings report on January 24, 2023, are part of a broader trend of tech companies reducing their workforce amid economic uncertainty. Microsoft's decision to cut jobs comes after a period of significant hiring during the COVID-19 pandemic, and the company aims to streamline operations and focus on key growth areas such as cloud computing and artificial intelligence.

Read the Full Investopedia Article at:
https://www.investopedia.com/microsoft-stock-just-hit-a-fresh-high-company-plans-to-trim-thousands-of-jobs-report-says-11757462

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