Bloomberg Daybreak: US Edition cover image

Investors Brace for Wall Street Fireworks; Musk Loses $20 Billion

Bloomberg Daybreak: US Edition

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Microsoft and Other Leading AI Companies Are Set to Publicly Commit to a Pledge to Responsibly Develop and Deploy the Technology

Microsoft dropped more than 2% in yesterday's sell-off, but the stock is up a half percent in early trading. Federal Trade Commission has paused its in-house trial against the $69 billion deal and that opens the door to settlement talks. The Biden administration is moving to raise the cost of drilling on public lands. About 340,000 UPS workers could walk off the job in the next 10 days.

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