Microsoft to cut up to 9,000 jobs as it invests in AI; Del Monte Foods files for bankruptcy in USA; Tesla deliveries fall for second quarter in a row.
Analysis: Microsoft announced plans to lay off up to 9,000 workers as a part of its shift to invest heavily in artificial intelligence (AI).
Analysis: Del Monte Foods Corporation II Inc. has filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey to enhance its financial position and facilitate a strategic sale of its assets.
Analysis: Tesla has reported a 14% decline in vehicle deliveries for the second quarter of the year, marking the second consecutive quarterly drop amid increasing competition.
