Microsoft (MSFT) Announces Lower Azure Pricing on Some VMs

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Wall Street dips in slow start to fourth quarter

October 3, 2016 7:34 AM EDT

By Noel Randewich

(Reuters) - The fourth quarter got off to a weak start for U.S. stock investors on Monday, with financials, consumer staples and utilities pulling the S&P 500 lower.

Major indexes have bounced between gains and losses in the past few days, with investors nervous about the outcome of a tight race for the White House ahead of the Nov. 8 election.

Big banks extended recent declines as investors worried about the stability of Deutsche Bank and also Wells Fargo & Co's (NYSE: WFC) handling of sales abuses.

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Microsoft (MSFT) Boosts Cloud Investment in Europe to $2B; New Policy Recommendations Announced

October 3, 2016 7:29 AM EDT

Reflecting the significant investment Microsoft Corp. is making in cloud computing in Europe, Microsoft CEO Satya Nadella and president Brad Smith on Monday shared new details about how this momentum is taking shape. Nadella stated that Microsoft has more than doubled its cloud capacity in Europe in the past year, noted that the company has invested over $3 billion (USD) across Europe to date, and shared that Microsoft intends to deliver the Microsoft Cloud from datacenters in France, starting in 2017. These new investments in cloud are helping customers including the UK Ministry of Defence, the Renault-Nissan Alliance, Ireland's Health Service... More