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Microsoft's AI-driven earnings boost stock futures, Bitcoin holds near $64,000
Microsoft's strong earnings report, which showed its cloud unit achieving its fastest growth in four years and reassured investors about the payoff from AI spending, led to gains in U.S. stock futures. S&P 500 futures rose 0.2% and Nasdaq 100 contracts gained 0.4%, with Microsoft's stock up 8% in premarket trading. Bitcoin traded near $63,900, tracking the broader market's positive sentiment.
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