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A comment on Microsoft to lay off 11,000 employees. Parent comment
It's always hard to distinguish signal vs noise in stocks, but it has gone up 0.5% in 24 hours, which is a $8bn raise on the market cap.
Cutting $3bn in wages is never going to radically change the market cap of a $1.7T company (you hope!).
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It's always hard to distinguish signal vs noise in stocks, but it has gone up 0.5% in 24 hours, which is a $8bn raise on the market cap.
Cutting $3bn in wages is never going to radically change the market cap of a $1.7T company (you hope!).