In This Anecdote
U.S. shares fell on Monday after media outlets, citing a TD Cowen (TD+2.13%) file, acknowledged Microsoft (MSFT+2.43%) has canceled some leases for US recordsdata middle abilitypointing to a potential oversupply location.
Urged Reading
DraftKings CEO on March Insanity, AI, and the trend forward for sports gambling
Urged Reading
By the tip of the day, the Dow Jones Industrial Practical was once up about 0.08%. The tech-heavy Nasdaq and S&P 500 lost 1.2% and zero.5%, respectively. On Monday, Nike, Palantir, and totally different shares moved the market.
Investors are furthermore turning their attention to Nvidia’s upcoming earnings — the foremost time the AI chipmaker is reporting results since a leap forward by Chinese language AI startup DeepSeek sparked a selloff in Nvidia and totally different tech shares last month.
This week is packed with earnings reports, starting Monday with Hims & Hers Health (Hims+2.69%), adopted by AMC Entertainment (AMC+1.94%) on Tuesday. Wednesday brings Nvidia (NVDA+4.51%), as effectively as Salesforce (CRM+2.43%) and Paramount (TO+0.30%). Warner Bros. Discovery (Wbd+2.92%) reports later in the week.
Beyond earnings, Friday will feature the release of the Personal Consumption Expenditures (PCE) Value Index, a key inflation gauge that tracks modifications in consumer spending on items and companies and products.
