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Microsoft said costs rose sharply as it built new data centers to support AI and that capital expenditures will continue to rise as it buys chips from the likes of Nvidia Corp to power those data centers.
Expected Major Events for Wednesday 05:00/JPN: May Indexes of Business Conditions - Revision 06:45/FRA: Jul Consumer confidence survey 08:59/JPN: Jul Monthly Economic Report ...
Disney stock is moving lower, on pace to fall for a 10th time in the last 13 weeks.
Here are Tuesday's biggest calls on Wall Street.
Disney is facing a multitude of headwinds, according to Atlantic Equities.