// COMPARE

Cable was steady at 1.3464 even as gilts slumped on political risk tied to a reported Burnham leadership challenge to Starmer.

UK fiscal and political jitters are capping sterling despite a broadly soft dollar, leaving the pair range-bound.

1.3400 support and 1.3550 resistance frame the range; gilt headlines are the near-term swing factor.

Microsoft fell 4.2% to $441, the day's mega-cap laggard, sliding well below its 52-week high.

Rotation into pure-play chip names like Nvidia and Marvell is pulling capital out of software megacaps.

$435 is support; a break opens $420. The stock needs fresh AI-monetization proof to re-rate.