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Central bank stands pat on rates even as investors worry Trump’s Iran war will ignite jolt of price growth

Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn

Social media chief defends strategy based on personalised bots as costs rise and revenue projections disappoint

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

Microsoft’s fiscal Q4 revenue of $90 billion topped Wall Street targets, while Copilot reached 30 million paid seats, and an investment in Anthropic delivered a $3.2 billion windfall.

Robinhood beat analyst expectations on several fronts though crypto revenue fell significantly.