Welcome to Markets Desk, your midday read on what's moving markets and making headlines.
Jensen Huang's resignation from Nvidia continues to send ripples well beyond Silicon Valley. Trump has publicly floated Tim Cook as a potential replacement, while industry sources warn the scandal surrounding chip supplier Megaspeed could intensify regulatory scrutiny of AI infrastructure buildouts across Southeast Asia — a region central to Nvidia's growth story.
Shifting to crypto, Bitcoin has slipped below seventy thousand dollars as sentiment hits its weakest point in more than four months. Analysts are pointing to a combination of institutional outflows through spot ETFs, thinning liquidity, and elevated leverage in the derivatives market — a setup that historically amplifies downside moves when confidence cracks.
And on the enterprise side, a widespread Microsoft three sixty-five outage knocked out email and Teams access for businesses globally Thursday, with the company citing overloaded infrastructure and unresponsive servers as the culprits. The timing was a reminder of how deeply concentrated workplace productivity has become around a single platform — and how quickly that dependency becomes a liability.
That's the tape. Markets Desk, signing off the floor.
