Business & Markets

Microsoft Shares Slide as Bitcoin Traders Seek Shelter Amid Tech Selloff

Shares of Microsoft fell sharply on Thursday, dropping about 11% after the software giant reported rising costs and slower growth in its cloud business, adding pressure to an already fragile technology sector. The decline weighed on broader equity markets and reinforced a risk-off mood among investors, with several major tech stocks also moving lower. Traders […]

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BlackRock and Microsoft AI Venture Raises $12.5 Billion as Infrastructure Push Accelerates

BlackRock has raised $12.5 billion so far for its artificial intelligence-focused partnership with Microsoft, marking a significant step toward building large-scale data centers and energy infrastructure needed to support the rapid expansion of AI workloads. The fundraising progress brings the venture closer to its long-term target of $30 billion, a goal first outlined when the […]

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