Nebius Group N.V. shares surged 52% on Nasdaq after announcing a multi-billion dollar AI infrastructure deal with Microsoft. The agreement ensures long-term committed capacity from Nebius’ new Vineland, New Jersey data center.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation