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Finance & Markets

CoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectations

Shares of CoreWeave, Nebius and IREN fell as Microsoft's lower-than-expected capex figure points to infrastructure partners taking longer to deliver capacity.

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Dollar falls after Fed holds rates steady

NEW YORK: The US dollar fell against major currencies on Wednesday after the Fed delivered a rate decision in line with expectations, while the New Zealand dollar fell sharply after that country's…

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