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Is Big Tech’s $725B AI splurge being funded by mass layoffs?

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Investing

Is Big Tech’s $725B AI splurge being funded by mass layoffs?

A widely reported figure this past week is that 81,747 tech workers lost their jobs in Q1 2026, the highest quarterly layoff figure the industry has seen in at least…

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Evening digest: Oil slips, Bitcoin rallies above $81k as geopolitics shift

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Evening digest: US-Iran deal hopes rise, Corning jumps on Nvidia

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US jobless claims rise less than expected despite ongoing layoffs

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Trump-Xi summit: trade, Taiwan, AI talks in focus; major breakthroughs unlikely

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