Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks
CoinDesk·
60-second summary
Bitcoin holds near $64,000 as Microsoft's AI payoff boosts stocks, with S&P 500 futures gaining 0.2% and Nasdaq 100 contracts rising 0.4% after a correction. Microsoft's 8% premarket surge comes from its cloud unit's fastest growth in four years, while maintaining spending discipline, lifting investor sentiment and potentially supporting cryptocurrency prices.
S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud unit grew at the fastest pace in four years while it held the line on spending.