U.S. Tech Shares Rise 3% as Microsoft Closes at $516.17 and Akamai Lands $11.6 Billion Anthropic Deal
AI Market Summary
A pause in borrowing-cost increases supported a risk-on bid in U.S. tech, lifting the sector ~3% for the week. Microsoft led Dow gainers, closing at a multi-month high after unveiling new Copilot capabilities, reinforcing the market's focus on AI monetization. Separately, Akamai's expanded cloud deal with Anthropic improves long-dated revenue visibility, though the court's security-risk ruling adds policy and defense-related overhang for Anthropic-linked AI supply chains.
Impact level
● Medium
Affected assets
NCSKMSFT2USD/USDT+3.99%
AI Insight · NCSKMSFT2USD/USDTAI Insight
▲ Bullish
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U.S. technology shares rose 3% over a volatile week as borrowing costs paused their climb. Microsoft led the sector, ending at $516.17 for its highest close since November. Akamai Technologies said Anthropic will pay at least $11.6 billion over seven years to use its cloud infrastructure and software.
