Meta plans to reduce investment in its Metaverse team to save funds for its VR headset business
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Microsoft tightens AI computing power rentals! Reportedly gradually withdrawing from Oracle Cloud agreement, "new cloud" CoreWeave plunges
According to reports on Friday, Microsoft has gradually closed down its rented computing resources from Oracle in recent months because Oracle's servers are equipped with older-generation Nvidia chips, which do not meet Microsoft's technical specifications. Oracle's stock price turned negative, at one point dropping more than 5%. Oracle emphasized that demand for AI infrastructure remains strong, including demand for earlier-generation GPUs. On Thursday, it was reported that Microsoft is reconsidering its "New Cloud" partnership due to delivery delays and high costs.
Cloud providers face new headwinds: Reports say Microsoft (MSFT.US) plans to reduce partner list and build its own data centers
Sources familiar with the matter said that Microsoft (MSFT.US) plans to reduce its list of Neocloud partners, shifting its focus to collaborations with a few key suppliers and building its own data centers.
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After the Nasdaq plunge, the "army of retail investors" entered to buy the dip! NVIDIA (NVDA.US) is a popular target, but net buying strength remains relatively moderate.
After US stocks experienced the most severe single-day sell-off since 2025 on Thursday, American retail investors, who have long been enthusiastic about buying the dip, re-entered the market on Friday, attempting to seize the rebound opportunity following the plunge in tech stocks.
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