Shares of cloud providers Nabios and Iran fell more than 13 percent, and CoreWeave fell 11 percent after Microsoft's decision to limit joint data center projects, Reuters reports. The corporation rejected an expansion contract with Nscale in Texas and abandoned a project in Essex due to delays in connecting to the grid until the 1930s. The strategy overhaul comes with growing risks, including plans by new Texas officials to freeze construction of computing facilities until industry rules are approved.