|Day's range||0.8900 - 0.9000|
Microsoft is winning the AI fight, but the competition is hot on its heels.
Big Tech has already laid off more than 150,000 workers in 2023. In some ways, it's the same story over and over – these companies are not only all conducting layoffs, they're using a lot of the same strategies to do so. However, just because they're all doing it, doesn't mean they're best practices, experts say.
If an investor has accumulated $10,000 to invest in stocks, a bear market can be a great time to put that money to work. Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has suffered in recent months with the emergence of OpenAI's ChatGPT. Since OpenAI partnered with Bing owner Microsoft, Google Search faces its most serious competitive threat in years.