Welcome to Markets Desk, here's what's moving right now.
Cotton futures closed Thursday in the red, with losses ranging from four to twenty-four points across contracts. The session saw crude oil pull back by one dollar and seventy-one cents despite overnight US-Iran strike exchanges, while a softer dollar provided only limited support to the commodity complex.
Shifting to tech, Microsoft is facing a pointed question from investors: how long do you trust the AI buildout before results justify the faith? The company disclosed a twenty-five percent jump in carbon emissions tied directly to AI infrastructure demand, and capital expenditure continues to climb with no clear ceiling in sight, testing shareholder patience.
And Netflix is reportedly exploring live television channels and streaming bundles as signs emerge that viewer engagement is beginning to plateau. The Wall Street Journal says the company is looking at structural shifts to its model — a significant strategic pivot for a platform that spent years positioning itself against traditional broadcast formats.
That's the tape. Markets Desk, signing off the floor.
