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Crypto analyst Zach Rector said XRP may be setting up for a move ahead of the 2026 midterm elections, pointing to a mix of macro liquidity pressures and improving regulatory and technology conditions. Macro backdrop: a “global margin call” Rector described markets as being stuck in a “liquidity squeeze,” driven…
Shares of Microsoft climbed on Wednesday, extending the tech company’s recent rally. By the close of trading, Microsoft’s stock price was up more than 4%.
Value investors appear to be buying the dip. The stock is up about 15% since its lows in late March, reflecting renewed interest from discount-focused investors.
A survey of information technology executives conducted by analysts at KeyBanc suggested that Microsoft’s cloud growth could accelerate. The poll found that 85% of respondents planned to spend more on Microsoft’s Azure cloud platform.
The survey also indicated that customers were increasing their usage of Microsoft’s Copilot AI assistant.
Reports surfaced on Wednesday that Microsoft took on a sizable amount of compute capacity in a Norwegian data center originally earmarked for OpenAI. The additional computing resources could help support Azure’s growth, as the cloud platform has been capacity-constrained in recent quarters.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
