Picked up XEC around the 69 price point—should I be holding or reconsidering?
Looking at the current market picture, eCash (XEC) has seen some pressure lately. The data shows XEC trading with a **24-hour decline of -4.54%** and a steeper **7-day drop of -8.08%**, with **30-day losses hitting -18.77%**. The **current price sits at $0.00** against a **market cap of $213.59M** and **24-hour volume of $22.27K**.
Given these metrics, it raises a real question: is now the time to average down, hold tight, or reassess the position entirely? The volume seems relatively thin, which could mean either o

## Microsoft's Cost-Cutting Accelerates: 300+ More Jobs Axed in Fresh Wave
Microsoft isn't slowing down on headcount reduction. Just weeks after laying off 6,000 employees last month, the tech giant has now cut another 300+ positions, according to Washington state records flagged by Bloomberg.
Here's the scale: Microsoft had 228,000 headcount as of June 2024. The company is essentially trimming while doubling down on AI—a classic move of burning cash in one place to fuel the next big bet.
**The broader pattern:**
- 10,000 layoffs in January 2023 (HoloLens, hardware)
- 6,000 cuts announced last