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Tech

Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes

CNBCMay 7, 2026

The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.

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Market

Apple Legal Challenges Put App Store Power And AI Claims In Focus

YahooMay 7, 2026

Rave Inc. has filed antitrust lawsuits against Apple in multiple countries, alleging anti-competitive removal of its app from the App Store. Apple, ticker NasdaqGS:AAPL, has agreed to a $250 million class-action settlement related to claims of misleading advertising of AI features in Siri. The lawsuits and settlement raise questions about Apple's App Store policies, platform power and transparency in marketing its AI capabilities. Apple runs a large hardware and services ecosystem centered...

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Market

Microsoft AI Governance And Teams Integrations Meet Undervalued Stock Story

YahooMay 7, 2026

ServiceNow is extending its AI Control Tower governance into Microsoft Agent 365, connecting governance across Agent 365 and Copilot Studio. PanTerra is rolling out enterprise telephony, SMS/MMS, and business continuity features directly inside Microsoft Teams. These moves deepen Microsoft's role as a central platform for managing AI agents and resilient communications across large organizations. For investors watching NasdaqGS:MSFT, these partnerships sit alongside a share price of $413.96...