Microsoft Corp.(MSFT) is deepening its roots in Switzerland with a sweeping $400 million investment aimed at reinforcing its artificial intelligence and cloud computing presence across the country. 

This strategic move builds on the company’s three-decade partnership with Switzerland, further anchoring its commitment to digital transformation, data privacy, and innovation.

The tech giant’s new investment spans several pillars, from enhancing data center capabilities to fostering AI skill development and startup support, all designed to solidify Switzerland’s role as a global AI hub. 

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Under this expansion plan, Microsoft intends to enhance four of its existing data centers located around Zurich and Geneva. 

These sites will be outfitted with advanced graphics processing units (GPUs) designed to accommodate the surging interest in artificial intelligence applications, especially in tightly regulated industries such as finance, public administration, and healthcare. 

With more than 50,000 clients already relying on its Swiss infrastructure, Microsoft’s upgrade aims to provide AI services while ensuring that sensitive data remains securely stored within the country.

Among the prominent institutions taking advantage of Microsoft’s localized infrastructure are UBS Group AG (UBS) and Luzerner Kantonsspital. AI integration is on the rise among Microsoft’s Swiss user base, with usage reaching 31%.

“Switzerland has created one of the world’s leading innovation ecosystems, blending world-class research with real-world applications,” said Microsoft Vice Chair and President, Brad Smith.

‘For more than three decades, we have stood by our Swiss customers’ side. This latest investment helps further strengthen Switzerland’s long-term economic resilience and competitiveness, while ensuring full compliance with Swiss regulations.”

To boost technological advancement, Microsoft has teamed up with Switzerland Innovation Parks to help transform artificial intelligence research into practical solutions. 

This initiative is geared toward supporting the development of startups and small to mid-sized businesses (SMEs), which are central to Switzerland’s economic strength. 

Microsoft aims to equip one million Swiss citizens with AI-related skills by 2027. This includes tailored programs for students, apprentices, educators, and nonprofit professionals. 

This Swiss investment aligns with Microsoft’s broader European Digital Commitments, which emphasize data protection, cybersecurity, open-source support, and digital resilience. 

On Stocktwits, retail sentiment around Microsoft remained in ‘bearish’ territory.

Microsoft stock has gained over 9% year-to-date and 11% in the last 12 months.

Also See: ‘Sell In May And Go Away?’ Most Retail Traders Prefer To Stay In The Market Despite Tariff Uncertainties

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CEO Elon Musk’s post on X last year, denying that Tesla (TSLA) had canceled its long-hyped affordable electric vehicle, was reportedly misleading and triggered concern among senior executives that Musk was putting the company at legal risk.

On April 5, 2024, Musk posted “Reuters is lying” on X, minutes after the news agency reported Tesla had scrapped the entry-level model. The post helped halt a 6% drop in Tesla’s stock, which closed the day down 3.6%. 

According to a Reuters report, when Musk publicly denied canceling the long-anticipated launch of Tesla’s $25,000 electric vehicle (EV), despite the company having already shelved the project, it raised internal alarms about potential investor deception and exposure to scrutiny from the Securities and Exchange Commission (SEC).

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Executives were reportedly surprised because they had already been told weeks earlier that the vehicle, known informally as the Model 2, was off the table. Instead, Tesla was pivoting toward building a robotaxi.

According to the report, the managers were not informed about Musk’s declaration on X and were left wondering whether the CEO had reversed his decision. When a few approached Musk for clarity on what they should tell suppliers and investors, they were reportedly rebuffed.

The report also highlighted that some executives voiced concerns that denying the car’s cancellation could raise legal concerns under Musk’s 2018 SEC settlement, which requires that posts about material business decisions be pre-approved by a Tesla lawyer. 

It’s unclear if those concerns were escalated to regulators, the report said.

To date, Tesla has not confirmed that the Model 2 has been canceled, although it has since redirected its focus to stripped-down versions of the Model 3 and Y. 

The company says those affordable models, now delayed until 2025, will be built on existing production lines.

Tesla’s vehicle sales declined for the first time in 2024, and sales were down 13% in the first quarter (Q1) of 2025. The company also lost ground to its Chinese rival, BYD (BYDDY), in Europe, whose sub-$10,000 Seagull EV is gaining market share in export markets. 

Tesla’s stock was down 1.75% in pre-market trade on Monday amid broader market weakness. The Consumer Discretionary Select Sector SPDR Fund (XLY), which includes retail, auto, apparel, and other consumer-focused stocks, edged 0.56% lower.

Tesla’s shares have fallen more than 11% this year but gained 94% over the past 12 months.

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Read also: BYD's Deep Discounts Spark China Industry Alarm Over 'Disorderly' EV Price War Chaos

Fed Governor Christopher Waller made dovish comments in his opening remarks on Sunday at the 2025 Bank of Korea International Conference.

In prepared remarks, Waller said he would support “good news” rate cuts later this year if the effective tariff rate settles close to his lower tariff scenario and the underlying inflation continues to progress toward the 2% central bank target.

Waller weighed in on two tariff scenarios 

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• Large-tariff scenario — trade-weighted tariff for goods imports of 25 percent, close to where things stood after the 90-day tariff suspensions announced April 9.
• smaller-tariff scenario — a 10% average tariff on goods imports would remain in place, but higher country and sector-specific tariffs would be negotiated down over time.

Under the first scenario, he expects the inflation based on the personal consumption expenditures (PCE) price index to peak around 4-5% on an annualized basis this year, depending on whether businesses pass through all of the tariff costs to consumers or absorb some of the increases.

He also expected the unemployment rate to rise to 5% in 2026 as the higher costs slow down the economy.

In the second scenario, Waller estimates the peak inflation on that same measure to be 3%. “Growth in output and employment would slow, with the unemployment rate rising but probably not as high as 5 percent,” he added.

As such, the Fed Governor said any tariff-induced inflation will not be persistent and that inflation expectations were anchored. 

While stating that he would support looking through any tariff effects on near-term inflation when deciding the policy rate, the central bank said, “The strong labor market and progress on inflation through April gives me additional time to see how trade negotiations play out and the economy evolves.”

Fed Chair Jerome Powell's speech on Monday afternoon could provide more clarity on the rate outlook. Last week, he met with Trump and stressed that the path to Fed policy will depend entirely on incoming economic information.

The central bank’s next rate-setting meeting is scheduled for June 17-18.

The Invesco QQQ Trust (QQQ) ETF and the SPDR S&P 500 ETF (SPY) are up 1.7% and 0.9% this year, respectively.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Read Next: ‘Sell In May And Go Away?’ Most Retail Traders Prefer To Stay In The Market Despite Tariff Uncertainties

The stock market has recovered nicely from the ravages of the Trump tariffs, thanks to a strong corporate reporting season and hopes of bilateral trade deals kicking in.

After declining 0.8% in May, the S&P 500 Index — a measure of broader market performance — climbed 6.2%. Before staging a comeback, the index had dipped as low as 4,835.04 on April 7, immediately after President Donald Trump announced the ‘Liberation Day’ tariffs.

A Stocktwits poll asking users, “Will you ‘sell in May and go away’ this year?” showed that a majority (65%) replied in the negative. Only 35% said they would steer clear of the market.

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The poll received responses from 3,200 users.

A user who commented on the poll said they would buy more puts, meaning they were bearish. Puts are derivative instruments that give an option to sell an underlying asset at a specified price by a specified date. They protect against any adverse move in the underlying security. 

Another user said June is the new May.

The “sell in May and go away” stock market adage refers to the historical performance of stocks underperforming during the six months from May to October. 

LPL Financial Chief Technical Strategist Adam Turnquist said the adage may not ring true under current circumstances. The strategist said tariff uncertainty and monetary policy can make or break the market right now.

Confounding the tariff environment, the U.S. and China have criticized each other for reneging on the initial trade agreement signed in mid-May. 

Fund Strat’s Tom Lee, who has a bullish outlook, said recently that the miniature bear market in April has rebirthed a new bull market and that any dips from here would be pretty shallow.

The Invesco QQQ Trust (QQQ) ETF and the SPDR S&P 500 ETF (SPY) are up 1.7% and 0.9% this year, respectively.

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Read Next: Google Isn’t Backing Down: Alphabet Says Antitrust Court Got It Wrong Over Search Monopoly, Vows To Fight Verdict

Alphabet, Inc. (GOOGL) (GOOG) unit Google confirmed on Saturday that it would appeal a court ruling in the Department of Justice (DoJ) antitrust case, which accuses the company of having a search monopoly.

In a series of posts on X, Google said it made closing arguments in the case on Friday and elaborated on its contentions in court.

District of Columbia Judge Amit Mehta heard the closing arguments on Friday. Last year, Mehta ruled that the company violated antitrust laws to maintain its search dominance.

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The final ruling in the case is expected by August.

Google said in the post that the Justice Department shrugged off “very real privacy issues,” preferring to put them on the back burner. Regarding how much data the company should be forced to share, the DoJ contended that it could be worked out by a “Technical Committee” of mostly government-appointed experts.

The search giant took exception to the DoJ proposal, which reserves the right for the government to decide who gets Google users’ data and not the court. It also contended that the DoJ is focused on how its remedies would help “well-funded competitors,” particularly Microsoft’s (MSFT) Bing, but not how it would help consumers.

In all, Google said, “The DOJ’s proposed remedies go miles beyond the Court’s decision & would harm consumers, businesses and America’s tech leadership.”

The Sundar Pichai-led company said it will wait for the court’s opinion. “And we still strongly believe the Court’s original decision was wrong, and look forward to our eventual appeal,” it added.

Separately, The Fly reported that Goldman Sachs said in a late-Friday report that Alphabet stock’s valuation presents a compelling risk/reward, with the negative investor sentiment already priced in.

The firm expects Google Search and Other revenue to grow to $318 billion by 2030 from $198 billion in 2024.

Goldman views the combination of artificial intelligence distribution at scale, personalization leveraging on first-person data/context across its various apps & services, and infrastructure footprint as an under-appreciated competitive advantage for Alphabet over the long term.

The firm has a ‘Buy’ rating on Alphabet stock and a $220 price target.

On Stocktwits, retail sentiment toward Alphabet stock was ‘bearish’ (41/100) by late Sunday, and the message volume was ‘low.’

Notwithstanding the weakness in the stock this year, most watchers still see the Alphabet stock as overvalued.

Alphabet stock ended Friday’s session down 0.07% at $171.74 and has lost over 9% year-to-date.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Read Next: Beijing Blasts Trump's Trade Deal Claims, Accuses US of Provoking New Frictions

China refuted President Donald Trump’s accusations that the Asian nation had reneged on the bilateral trade agreement signed between the two countries on May 12 following the Geneva talks.

A Chinese Ministry of Commerce Department spokesperson said, “China, in accordance with the consensus reached in the joint statement, canceled or suspended the relevant tariffs and non-tariff measures taken against the US’ reciprocal tariffs.”

The truce signed between the two countries provided for scaling back the levies laid down on each other’s goods to 10% for 90 days to allow time to negotiate a final agreement.

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“China, in a responsible attitude, seriously treats, strictly implements, and actively safeguards the consensus of the Geneva Economic and Trade Talks,” the spokesperson said.

Beijing, however, accused the U.S. of successively introducing several discriminatory restrictive measures against China after the Geneva talks, including issuing artificial intelligence (AI) chip export control guidelines, stopping the sale of chip design software (EDA) to China, and announcing the revocation of Chinese student visas. 

The spokesperson said these practices seriously violate the consensus reached by the two heads of state on January 17.

“The United States has unilaterally provoked new economic and trade frictions, exacerbating the uncertainty and instability of bilateral economic and trade relations,” the Commerce Department official said.

“Instead of reflecting on itself, it has turned the tables and unreasonably accused China of violating the consensus, which is seriously contrary to the facts. China firmly rejects the unreasonable accusations.”

The official also urged the U.S. to work with China, immediately correct relevant wrong practices.  “If the United States insists on its own way and continues to damage China's interests, China will continue to take resolute and forceful measures to safeguard its legitimate rights and interests,” he said.

China’s response comes close on the heels of a Truth Social post by Trump that China “totally violated its agreement with us.”

Meanwhile, Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett said in separate media appearances on Sunday that a talk between President Trump and Chinese President Xi Jinping could be imminent.

Bessent expressed confidence that the creases would be ironed out if the two talked. He also said a Trump-Xi call could pave the way for high-level negotiations between the countries en route to a final agreement.

The SPDR S&P 500 ETF (SPY) is up 0.9% this year, while the iShares MSCI China ETF (MCHI) has gained a steeper 13%.

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Read Next: Nasdaq Futures Drop As Traders Await Tariff News, Powell Speech — Strategist Backs Small-Caps In 'New Bull Market'