financetom
Business
financetom
/
Business
/
Microsoft plans to invest $10 billion in Portugal AI data hub, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft plans to invest $10 billion in Portugal AI data hub, Bloomberg News reports
Nov 11, 2025 3:09 AM

Nov 11 (Reuters) - Microsoft ( MSFT ) will spend $10

billion on an artificial intelligence data center along the

Portuguese coast, marking one of its largest European

investments this year, Bloomberg News reported on Tuesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Iris Energy Posts Fiscal Q2 Profit, Rise in Revenue
Iris Energy Posts Fiscal Q2 Profit, Rise in Revenue
Feb 12, 2025
05:39 PM EST, 02/12/2025 (MT Newswires) -- Iris Energy (IREN) reported fiscal Q2 diluted earnings Wednesday of $0.09 per share, compared with a loss of $0.07 a year earlier. Bitcoin mining revenue for the quarter ended Dec. 31 was $113.5 million, up from $42.1 million a year earlier. ...
Atlassian Insider Sold Shares Worth $2,523,904, According to a Recent SEC Filing
Atlassian Insider Sold Shares Worth $2,523,904, According to a Recent SEC Filing
Feb 12, 2025
05:41 PM EST, 02/12/2025 (MT Newswires) -- Michael Cannon-Brookes, 10% Owner, Director, CEO, Co-Founder, on February 11, 2025, sold 7,948 shares in Atlassian ( TEAM ) for $2,523,904. Following the Form 4 filing with the SEC, Cannon-Brookes has control over a total of 262,284 Class A common shares of the company, with 262,284 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1650372/000156218025001166/xslF345X05/primarydocument.xml ...
Rapid7's Q4 Non-GAAP Net Income Falls, Revenue Rises; Shares Drop After Hours
Rapid7's Q4 Non-GAAP Net Income Falls, Revenue Rises; Shares Drop After Hours
Feb 12, 2025
05:41 PM EST, 02/12/2025 (MT Newswires) -- Rapid7 ( RPD ) reported Q4 non-GAAP net income Wednesday of $0.48 per diluted share, down from $0.72 a year earlier. Analysts polled by FactSet expected $0.50. Revenue in the three months ended Dec. 31 rose to $216.3 million from $205.3 million a year earlier. Analysts surveyed by FactSet expected $212.2 million. In...
US Department of Justice to stop defending independence of FTC, NLRB, letter says
US Department of Justice to stop defending independence of FTC, NLRB, letter says
Feb 12, 2025
(Reuters) -The U.S. Department of Justice will cease defending the independent status of three consumer and worker protection agencies, according to a letter posted by a Democratic member of Congress on Wednesday. The determination applies to the National Labor Relations Board, U.S. Federal Trade Commission and Consumer Product Safety Commission, according to the letter from Acting Solicitor General Sarah Harris...
Copyright 2023-2026 - www.financetom.com All Rights Reserved