Today: 27 June 2026

AI Layoffs in 2023: The Real Number Was 4,247, and the Next Wave Is Harder to Count

AI Layoffs in 2023: The Real Number Was 4,247, and the Next Wave Is Harder to Count

U.S. employers cited artificial intelligence in 4,247 announced job cuts in 2023, according to Challenger, Gray & Christmas. By March 2026, AI was the top stated reason for U.S. job cuts that month, with 15,341 announced. The broader labor market showed 6.866 million job openings in March 2026, while layoffs remained at 1.2%, according to the Labor Department.
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Stock Market Today

  • Circle Stock Faces Triple Risks as USDC Supply Declines and Bond Yields Drop
    June 27, 2026, 3:37 PM EDT. Circle's stock (CRCL) confronts multiple challenges amid a shrinking supply of USD Coin (USDC) and falling U.S. bond yields. USDC's market cap slid to $73.7 billion from $80 billion year-to-date, while EURC dropped to $426 million. Declining short-term government bond yields pressure Circle's revenue, as the company invests stablecoin reserves in these bonds. Technical indicators reveal a double-top pattern and a breakdown below key support at $84, signaling potential further declines toward its all-time low of $49. Analysts project Circle's revenue growth to slow to 11% in 2026 after a 60% jump last year. Mizuho downgraded CRCL with a $85 target, underscoring near-term headwinds for the stablecoin issuer.

Latest articles

AT&T (NYSE:T) bounces, traders watch AWS-3 bill and yield

AT&T (NYSE:T) bounces, traders watch AWS-3 bill and yield

27 June 2026
AT&T shares jumped 1.34% to $22.72 on Friday with double average volume after winning just 10 AWS-3 spectrum licenses for $120.8 million—only 3.8% of Verizon’s $3.16 billion spend—supporting near-term cash flow and dividend prospects ahead of the July 10 record date and July 22 earnings call.
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