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Microsoft outage shakes up companies, schools and local governments across US

Local officials warn some services remain unavailable even as Outlook starts to resume normal operations after outage Microsoft outage – live updates The Microsoft Outlook outage has shaken up companies and local governments across the US that use its suite of email, calendar, video conferencing and cloud storage systems. Even as Outlook started to resume no…

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Anthropic IPO share orders from China are said to be rebuffed

Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to compl…

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Earnings week ahead: Nvidia without Jensen, Anthropic’s IPO, and the consumer meets a hiking Fed

Earnings season is supposed to be over. Instead, next week might be the most important of the quarter for the macro view. Nvidia reports days after losing its founder. Anthropic prices what could be the largest equity deal ever. And every major US retailer reports into a rate-hike cycle. October CPI came in hot at 0.4% headline and 0.3% core, a December hike…

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US stocks: US stocks reverse early gains as Nvidia turmoil hits tech sector

US stocks fell as Nvidia’s leadership turmoil triggered a broad technology selloff, sending the Nasdaq down 1.42% and the S&P 500 nearly 1% lower. Softer-than-expected producer inflation offered little relief as investors weighed the outlook for interest rates and the wider AI trade.

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How US tech pain is European stock markets' gain

European stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is attributed to Europe's lower exposure to tech giants compared to the US market. Companies in sectors such as energy and financials are supporting earnings growth, which is on track for 25% quarterly profit. Investors rema…

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investingLive European session wrap: Wall Street eyes a rebound but rising Treasury yields keep traders on edge

Headlines: Wall Street steadies despite Nvidia drama but dip buyers are still walking a tight rope US bond market cracks resurface as higher for longer fears return to haunt Wall Street Higher real yields and stronger US dollar weigh on gold as Trump puts Iran deal in jeopardy Japan prime minister Takaichi fires another verbal warning as USD/JPY flirts with…

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Razorpay, Sembcorp Green Infra get Sebi nod to float IPOs

Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiative…

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