ToolsMay 5, 2026via Bloomberg Tech
PayPal, Coinbase Announce Layoffs as AI Impact Bites
Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir. Lauren Webster, managing director in the technology investment banking group at Piper Sandler, discusses the market moves with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
For builders and developers, this changes the calculus on which AI tools deliver the best ROI for their workflows.
Why it matters for your wallet: Every major AI industry move creates earning opportunities — from new tools to invest in, skills to learn, or markets to enter. Tracking these developments is how you stay ahead.
