The AI layoffs are here:
*AMERICAN EXPRESS TO CUT 5% OF JOBS, ABOUT 3,500 EMPLOYEES
*BARCLAYS TO CUT 5,000 JOBS AS AI STARTS CREATING EFFICIENCY
*EBAY CONFIRMS JOB CUTS OF ABOUT 9%
*NETFLIX TO LAY OFF 6% OF GLOBAL STAFF, OR ABOUT 1,000 JOBS: WSJ
$MSFT 3yr surely doesnt look like the AI party may be over BUT upside is tough here because it requires buyers willing to initiate near all time highs. is there really that much more upside in the AI bubble ?
$SKHY dipped below but buyers came in to push it back above value. doesnt usually happen if armageddon is really as close as the headlines want us to believe.
little reason to expect $NQ_F breaks support that its tested 5x in the last 2 months but if it does pay attention because it means the story has probably changed