Hyperscalers increase data center budgets as semiconductor market target hits $1.5 trillion

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Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Employers were expected to add 65,000 jobs in April, down from March's 178,000 gain.
Brent crude stayed above $100 a barrel on Friday, more than 38% above pre-conflict levels.
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