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Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record
Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record
Microsoft shares were trading lower Thursday afternoon, leaving the stock deeper in bear-market territory and down about 24% on the year. Seasonal data suggests it is the worst start to a year for Microsoft on record.
A new report from The Information says Microsoft executives have instructed managers across major divisions, including Azure cloud and North American sales, to freeze hiring as part of a broader effort to reduce costs and boost margins ahead of...
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May 21, 2026 / Tyler Durden
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.
In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%,...
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May 14, 2026 / Tyler Durden
Grenade-Type IED Found At Alabama Dam Raises Alarm Over Critical Infrastructure Threats
Grenade-Type IED Found At Alabama Dam Raises Alarm Over Critical Infrastructure Threats
Divers recovered and safely detonated a grenade-type improvised explosive device at the J.B. Converse Reservoir dam in Mobile, Alabama, a federally designated critical infrastructure site that supplies the region's drinking water.
Local outlet Fox10TV reports that the Gulf Coast Regional Maritime Response and Render-Safe Team retrieved and detonated the grenade-type IED at the 3,600-acre artificial reservoir, which holds about 17 billion gallons of water and serves as the primary drinking water source for the 350,000 people in the Mobile...
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Sep 13, 2026 / Tyler Durden
'Regulatory Capture Or Psy-Op': Top White House AI Advisor Slams 'Pace The Frontier' Push




