
Microsoft is said to cancel AI leases, sending stocks into reverse with Nvidia earnings up next
Photo: Michael M. Santiago (Getty Images) U.S. stocks fell on Monday after media outlets, citing a TD Cowen (TD) report, said Microsoft (MSFT) has canceled some leases for US data center capacity, pointing to a potential oversupply position. By the end of the day, the Dow Jones Industrial Average was up about 0.08%. The tech-heavy…