Host Josh Lipton provides the latest stock developments in today’s Market Minute.
Apple (AAPL) has unveiled plans for a massive $500 billion investment in the United States over the next four years. The initiative includes new manufacturing facilities in Texas and is expected to generate more than 20,000 jobs across the country.
In the tech sector, TD Cowen analysts report that Microsoft (MSFT) has terminated several of its data center lease agreements. Analysts suggest this move could indicate a potential oversupply situation developing in the artificial intelligence (AI) infrastructure market.
Meanwhile, Palantir (PLTR) shares continue to tumble amid growing investor concerns about possible Pentagon budget reductions that could impact the company’s future revenue.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Angel Smith
