Tech Shake-Ups: Amazon’s Major Layoffs, Qualcomm’s Surge, and Google’s Nuclear Power Play
Key TakeawaysAmazon (AMZN) is set to implement its largest-ever layoffs, targeting up to 30,000 jobs starting this Tuesday.Qualcomm (QCOM) shares surged by 12.7% to $190.35, marking its biggest one-day jump since 2019.Alphabet Inc. (GOOGL), Google's parent company, plans to purchase power from NextEra Energy's restarted Duane Arnold nuclear plant to meet its growing data center energy demands, with operations expected to resume by 2029.AI is significantly boosting productivity for large firms, while smaller ...