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Microsoft Reevaluates Neo-Cloud Contracts as Major Tech Stocks Decline

The Motley Fool +1 · ·by G4L

ORCL Oracle Corp
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  1. 1Microsoft is reevaluating its contracts with neo-cloud companies.
  2. 2CoreWeave and Nebius Group shares have fallen by more than 35% since early October.
  3. 3Microsoft decided not to renew its cloud contract with Oracle.

So what's the key point?

Microsoft is reevaluating its contracts with neo-cloud companies.

Source The Motley Fool +1 · View original ↗

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