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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.
It’s all about the hype! Wall Street asset managers have swiftly launched a new MANGOS tech stock ETF.
① SpaceX has performed strongly since its listing on the U.S. stock market, boosting investor interest in artificial intelligence company stocks; ② Two Wall Street asset management firms plan to launch ETFs linked to 'MANGOS' (Meta, Anthropic, NVIDIA, Google, OpenAI, and SpaceX).
Stock price soars like a rocket! SpaceX (SPCX.US) surges 49% in three days since listing, surpassing Amazon (AMZN.US) to rank among the world's top five by market capitalization.
SpaceX (SPCX.US) rose for the third consecutive trading day, surpassing Amazon (AMZN.US) in market capitalization to become the world's fifth-largest publicly listed company.
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.