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Market Moves: Tech Gains Amid NYSE Glitch & Manufacturing Data

The S&P 500 and Nasdaq edged higher despite initial volatility caused by a glitch at the NYSE, which led to trading halts in dozens of equities. Technology stocks performed well, while energy equities lagged. Traders anticipated potential rate cuts by the Fed following weak manufacturing data.
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Daryl Raiford Sells 13,410 Shares of Bandwidth Inc. (NASDAQ:BAND) Stock

Bandwidth Inc. (NASDAQ:BAND – Get Free Report) CFO Daryl Raiford sold 13,410 shares of Bandwidth stock in a transaction on Friday, May 31st. The stock was sold at an average price of $20.01, for a total transaction of $268,334.10. Following the transaction, the chief financial officer now directly owns 68,076 shares in the company, valued […]
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Swede dreams are made of this: Microsoft unveils $3.5 billion AI investment in Sweden

In a historic move, Microsoft has unveiled its largest investment in Sweden, marking a significant commitment to bolster the nations cloud infrastructure and AI capabilities. The tech giant plans to invest a staggering 33.7 billion Swedish Kronor (approximately 3.5 billion USD) over the next two years, aiming to enhance Swedens innovative edge, competitiveness, and resilience in the AI era.
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