Nasdaq falls 5.52% and loses $2.5 trillion after Microsoft review of its neoclouds
The Nasdaq fell 5.52% in the November 5 session and $2.5 trillion evaporated, according to the outlet, after a report saying Microsoft is reviewing its contracts with neoclouds, computing providers for artificial intelligence. The text mentions that IREN had been delaying committed deliveries and refers to remarks by Amy Hood, Microsoft's chief financial officer.
Read the full story at merca2.es
IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.
