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US Stock Market Opens with Declines, Microsoft Drops 2.8%
Summary: According to reports from sources, the US stock market opened with declines, as the Dow Jones fell by 0.05%, the S&P 500 index dropped by 0.23%, and the Nasdaq fell by 0.4%. Microsoft (MSFT.O) dropped by 2.8% due to weak customer response leading to a downgrade in AI software sales forecast. Marvell Technology (MRVL.O) surged ...
According to reports from sources, the US stock market opened with declines, as the Dow Jones fell by 0.05%, the S&P 500 index dropped by 0.23%, and the Nasdaq fell by 0.4%. Microsoft (MSFT.O) dropped by 2.8% due to weak customer response leading to a downgrade in AI software sales forecast. Marvell Technology (MRVL.O) surged over 7% as the company announced a deal to acquire Celestial AI for up to $5.5 billion.