Financial Markets

Microsoft Ignites Global AI Arms Race with $80 Billion Infrastructure Blitz, Forging World's Most Powerful Compute Network

AI

Microsoft Ignites Global AI Arms Race with $80 Billion Infrastructure Blitz, Forging World's Most Powerful Compute Network

Microsoft (NASDAQ: MSFT) is making an unprecedented strategic push into the artificial intelligence arena, committing an estimated $80 billion to build and expand AI-optimized data centers globally through 2028. This colossal investment represents the largest infrastructure commitment in the company's history, more than doubling its spending on Azure

By MarketMinute
Consumer Caution Mounts: Eroding Confidence Poses Headwind for Economic Growth Amidst Fed's Dovish Pivot

Consumer Spending

Consumer Caution Mounts: Eroding Confidence Poses Headwind for Economic Growth Amidst Fed's Dovish Pivot

The American consumer, a bedrock of economic prosperity, is showing increasing signs of caution, with dwindling confidence and moderated spending growth signaling potential headwinds for the broader economy. Recent data from the University of Michigan Consumer Sentiment survey paints a picture of a populace grappling with persistent inflation, a softening

By MarketMinute