Microsoft is said to cancel AI leases, sending stocks into reverse with Nvidia earnings up next
Photo: Michael M. Santiago (Getty Images) In This Story U.S. stocks fell on Monday after media outlets, citing a TD Cowen ( TD +2.13% ) report, said Microsoft ( MSFT +2.43% ) has canceled some leases for US data center capacity , pointing to a potential oversupply position. Suggested Reading DraftKings CEO on March Madness