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First Look: Top Moves in AI, M&A, and Global Industry Leaders
GuruFocus· 2026-07-07 11:59
This is Guru Focus first look, your morning market brief for Tuesday, July 7. Here are the stories driving markets today. Microsoft announced plans to lay off 4,800 employees with about 2/3 of the cuts impacting its Xbox division.The company will also divest five studios as it seeks to streamline gaming operations and control costs. This restructuring is part of a broader effort by Microsoft to optimize its gaming business amid shifting industry dynamics. Turning now to global markets, futures for the NASDA ...