US Exchanges Weak - Companies in the US Cut More Jobs - Rate Cut Likely - Bitcoin Slightly Stronger - Amazon Unveils Specialized Chip Trainium 3 - DAX Without Significant Movement - Marvell Expects Significant Growth in Data Center Revenues Next Year - Microchip Technology Raises Forecast

Stocks Under Pressure Due to AI Concerns - US Labor Market Weakens The stock markets are under pressure as doubts arise about whether the substantial investments in AI will pay off in the short term. Microsoft (-2.82 %) lowers its expectations for monetizing new AI products, causing the stock to drop by 2.5%. Macy’s (+0.88 %) disappoints with a weak profit forecast, while Marvell Technology (-0.05 %) reassures investors and attracts interest after receiving repeated orders in chip design. Overall, riskier market segments that were heavily...