Overview:  The broader market has been navigating a complex landscape in 2024, with inflation remaining a concern and tech stocks, including Microsoft $Microsoft(MSFT)$  , facing new challenges. Microsoft’s recent announcement to lay off 650 employees in its Xbox gaming division is part of a larger wave of cost-cutting efforts seen across the gaming industry. This is Microsoft’s third round of layoffs following its $69 billion acquisition of Activision Blizzard. Despite these setbacks, Microsoft’s overall position in the tech industry remains strong, backed by its cloud computing dominance and continued AI investments. Gaming Sector Layoffs Hit Hard:  The gaming industry has seen significant downsizing since last year, with glo

Summary Google's efforts to durably reengineer its cost base, enabling it to expand operating margins even when it is investing in the future of the business. Google Cloud continues to benefit from cloud migration, and it is seeing market share gains and an increasing contribution from AI. AI will be a key long-term growth driver for Google, and the company is integrating generative AI into most parts of its business. Most of Google Cloud’s top 100 customers are already using its generative AI solution. While it is early days in terms of seeing the returns on investment on AI capital expenditures, management underscored that for Google, the risk of under-investing is dramatically greater than the risk of over-investing. da-kuk While the threat of OpenAI and generative AI has been a he

$Microsoft(MSFT)$ Microsoft provides arithmetic and give its computing power to OpenAI, then openAI provides support to Apple’s iOS system? Why? Does Microsoft really see what it’s doing? Free labor? How come Microsoft is the one who contributes, and it is Apple the one who gains all the profit and the reputation? I really don’t get it, this doesn’t look like a pretty smart deal to me, don’t you think?

Overview: The AI-related stock market has witnessed significant fluctuations amidst widespread layoffs in the tech sector. Major players like Microsoft $Microsoft(MSFT)$  and Google $Alphabet(GOOG)$  have made substantial workforce reductions, reflecting broader industry trends aimed at cost-cutting and strategic realignment. Despite these challenges, AI remains a critical area of investment and development for these companies, with long-term growth potential driving continued focus on this sector. Tech Sector Layoffs: The technology sector has seen a wave of layoffs this year, with major firms adjusting their workforce to align with strategic goals. Microsoft has recently announced th