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Express News | According to Business Insider: Microsoft (MSFT.O) has abandoned a $3 billion cloud computing capacity leasing deal with Oracle (ORCL.N) over security concerns.
AI giants crunch the numbers! Microsoft is reportedly considering adopting open-source models to reduce agent costs.
① Recent reports indicate that Microsoft is considering shifting Copilot Cowork to a usage-based pricing model and integrating open-source models such as DeepSeek to reduce the operational costs of AI agents; ② As the frequency of AI agent model calls surges, tech giants are transitioning from 'stacking the most powerful models' to 'selecting cost-effective models based on specific use cases,' enabling Chinese open-source large models to accelerate their entry into the global enterprise market by leveraging their cost advantages.
Express News | OpenAI Burned $3.7 Billion in First Three Months of 2026 - the Information
U.S. Market Close | Investors Await Wallsh's Debut; Mixed Performance Across Major Indices, Dow Hits New High; SpaceX Surges 49% Post-IPO; Chip Stocks Under Pressure, Intel Drops Over 8%, AMD Falls More Than 7%; WTI Crude Oil Declines Nearly 5%
The Dow Jones Industrial Average rose 0.64%, reaching a new all-time high, while the Nasdaq Composite fell 1.15% and the S&P 500 declined 0.57%. Semiconductor stocks plunged, with the Philadelphia Semiconductor Index dropping 5.7% in a single day. Details of the U.S.-Iran peace agreement continue to emerge, pushing WTI crude oil futures below $75 per barrel intraday—the lowest level this year—and driving U.S. Treasury yields lower, with the 30-year yield closing below the 5% mark.
Tesla Booted From the 'Magnificent Seven' by a Top Fund Manager. Here Is the Tech Giant He's Crowned.
Top 20 by Trading Volume | SpaceX rises for three consecutive days, surpassing Amazon in market capitalization to become the world's fifth-largest publicly traded company; Apple's 2027 product roadmap leaks; memory and optical communications sectors weake
On Tuesday, SpaceX, the most actively traded stock on U.S. markets, rose 4.83%, with trading volume reaching $66.704 billion. Since its Nasdaq listing, SpaceX shares have climbed for three consecutive days, surging nearly 50% above their initial offering price. The stock closed at $201.80 on Tuesday, up $9.30 or 4.83%. The company’s market capitalization reached $2.64 trillion, briefly surpassing both Amazon and Microsoft during the session and propelling it into the ranks of the world’s five most valuable companies just days after its public debut.