The weaker-then-expected figure bolstered concerns about the health of the world's largest economy.
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Nebius Group N.V. shares surged 52% on Nasdaq after announcing a multi-billion dollar AI infrastructure deal with Microsoft. The agreement ensures long-term committed capacity from Nebius new Vineland, New Jersey data center.
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The firm has been unable to operate its production lines for more than a week due to the shutdown.
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