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What Happened? Shares of enterprise software giant Oracle NYSE:ORCL fell 3.4% in the afternoon session after news broke that the company sent a "force majeure" notice to the developer of its New Mexico data center project to protect itself from higher expenses, according to CNBC.As initially report…
The 30-year Treasury yield touched 5.33%, its highest since June 2007, while long-dated government yields also rose in Japan, Germany, France and the UK.
Microsoft's stock is down over 20% in June, its worst monthly drop since 2000, despite thriving business and revenue growth, due to high capital expenditure