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Artificial Intelligence 6 March 2023

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.
6 March 2023
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Latest Stock Market News

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

26 June 2026
Cisco plunged 4.5% to $113.77, erasing $21 billion in value on heavy volume as FTSE Russell’s reconstitution drove trading; despite the drop, KeyBanc raised its price target to $130, implying 14% upside, but with AI revenue still a small slice of Cisco’s total, investors face pressure to see AI orders convert to revenue amid a volatile tech sector.
Private student lenders face challenge as SAVE plan delayed and loan caps near

Private student lenders face challenge as SAVE plan delayed and loan caps near

26 June 2026
SLM Corp (NASDAQ:SLM) says federal student loan changes could add $4.5B–$5B in annual originations, about one-third of today’s private-education-loan market, but new data show at least one in 10 postbaccalaureate students may face both a funding gap and weak or no credit; SLM stock rose 3.6% near the dateline time.
Hecla Mining (NYSE:HL) trades $1.75 billion with silver up and spot price lower

Hecla Mining (NYSE:HL) trades $1.75 billion with silver up and spot price lower

26 June 2026
Hecla Mining surged 2.57% to $15.54 on record volume—112.35 million shares traded, equal to 17% of its market value—even as spot silver prices remain 28.5% below the $82.70 an ounce that drove Hecla’s Q1 cash flow, putting investor focus on whether current silver prices can sustain the company’s recent margins.
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