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US futures climb as Wall Street keeps an eye on Nvidia, Microsoft and producer prices

AP ·

Updated 1h ago

  • 2 more outlets picked it up in the last 3 hours, most recently Washington Examiner, Bloomberg.
  • AP changed its headline 1h ago. It first read: “Asian shares decline as investors assess impact of Nvidia’s fallout on global AI development”
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AI Insight

Microsoft said it was “seeing encouraging recovery progress” after a global outage affected its services, while warning some users may still experience intermittent issues as recovery actions continue, according to The Hill. The Verge reported service was gradually recovering after an almost two-day outage, with some email access restored but some apps and features still degraded. CNN reported millions were affected as the outage continued.

Written by AI from the sources' headlines and summaries. It can make mistakes; check the original reporting.

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  1. Washington ExaminerProducer prices rose to 6.5% in OctoberInflation, as measured by the producer price index, rose two-tenths of a percentage point to 6.5% for the year ending in October, the Bureau of Labor Statistics reported Friday. Economists have been closely watching PPI reports and other inflation data amid the war with Iran and concerns that higher energy prices will filter through to
  2. Bloomberg(subscription required)US Futures Gain With Microsoft Outage, Producer Prices in FocusUS equity futures were little changed early Friday as investors weigh a global software outage at Microsoft Corp., more news on the direction of the AI trade, and the next barometer for US inflation.
  3. APUS futures climb as Wall Street keeps an eye on Nvidia, Microsoft and producer prices