Microsoft slides as bumper AI spending unnerves investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
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Software group drags Nasdaq down more than 2% and S&P by 1.1% after reporting 66% year-on-year surge in data centre costs
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US tech stocks slide after Microsoft’s AI spending unnerves investors
Nasdaq falls more than 2% while S&P 500 weakens by 1.2%