Sources: Microsoft's US data center crunch will last through H1 2026, longer than previously outlined, as the company restricts new Azure cloud subscriptions (Brody Ford/Bloomberg)

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— Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States.

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Sources: Microsoft's US data center crunch will last through H1 2026, longer than previously outlined, as the company restricts new Azure cloud subscriptions (Brody Ford/Bloomberg)

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