Microsoft Faces UK Lawsuit Over Cloud Computing License Fees

Image source: Wikimedia Commons

Microsoft Faces UK Lawsuit Over Cloud Computing License Fees. 💻️ The company is facing legal action in the UK over claims that businesses using cloud computing services from Amazon, Google, and Alibaba may be paying higher license fees to use its Windows Server software. The lawsuit alleges anti-competitive practices, potentially leading to higher costs for thousands of cloud customers. The outcome of the case could have significant financial and regulatory implications for Microsoft and its cloud services business. Reuters reports.

🚪 CEOOut: Intel CEO Pat Gelsinger ousted by board after disastrous performance. CNBC reports.

💡 NvidiaPower: Nvidia among investors in $700 million capital raise by AI firm Nebius Group. Reuters reports.

🚗 TeslaLeading: Tesla leads November's global market value surge. Reuters reports.

🌍 GreenShift: Amazon to pilot AI-designed material for carbon removal. Yahoo Finance reports.

🛡️ ChipShield: ASML not changing guidance after new US crackdown on China chip exports. Reuters reports.

🔋 BatteryBoom: US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $CTNT: Cheetah Net Supply Chain
Total gain: 177%

2. $JANX: Janux Therapeutics
Total gain: 80.71%

3. $SHIM: Shimmick
Total gain: 78.57%

4. $SOAR: Volato Group
Total gain: 77.63%

5. $CTOR: Citius Oncology
Total gain: 58.82%

* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

Expect a Pullback

Sometimes the market does not need a catalyst to sell off. At some point, investors just start to sell as the market runs out of steam. It is always prudent to take some profits, and now may be a great time to do so. The historical rally suggests that a pullback could be in the cards early next year, and investors should prepare for that. One option is to hedge, whether through options, futures or inverse ETFs. Alternatively, a simpler approach is to sell some stocks and raise cash, giving you the flexibility to buy on the next dip.

My end-of-year S&P targets have already been met, but we could see a slight extension to 6150 before an aggressive pullback—around 2-3% above current levels. With many short-term treasury bills offering a risk-free return of over 4%, it may make sense to park cash in these instruments while waiting for a sell-off.

The closing price of the top three market percent gainers trading near or above $3 on December 2.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
Benzinga reports


1. $SNTI: Senti Biosciences
Total gain: +368.98%
The company has entered into a securities purchase agreement with a group of accredited investors, including both existing and new participants, to issue and sell a total of 16,713 shares of Series A Convertible Preferred Stock. This transaction will be conducted through a private investment in public equity (PIPE) financing. Senti Bio expects the gross proceeds from this PIPE financing to amount to approximately $37.6 million, before deducting offering expenses. Benzinga reports.

2. $PPBT: Purple Biotech
Total gain: +147.39%
The company announced positive final results from its randomized Phase 2 study of CM24, its lead oncology drug. CM24 is a humanized monoclonal antibody designed to block CEACAM1 and was evaluated in patients with pancreatic ductal adenocarcinoma. Benzinga reports.

3. $GELS: Gelteq
Total gain: +90.50%
The company announced that its largest U.S. customer, Healthy Extracts, has increased its initial purchase order of Gelteq collagen and Mynus sugar blocker gels by 50%. The increase reflects strong demand and growing popularity of these products. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

CRM: Salesforce
3Q 2025
After Market Close
Estimate: 2.440
Actual: N/A

BOX: Box
3Q 2025
After Market Close
Estimate: 0.420
Actual: N/A

BASE: Couchbase
3Q 2024
After Market Close
Estimate: -0.080
Actual: N/A

Time (ET) / Report / Period

9:45 am - S&P final U.S. manufacturing PMI - November
10:00 am - ISM manufacturing - November
10:00 am - Construction spending - October
3:15 pm - Fed Governor Christopher Waller speaks
4:30 pm - New York Fed President John Williams speaks

“You have to keep your money in the market. It’s the only way you’re going to make money.”

― Jim Cramer

Sourced in:
“Mad Money: Watch TV, Get Rich”, by Jim Cramer, published in 2005