Microsoft's reported $15 billion decline in capital expenditures (capex) is attributed to an accounting adjustment rather…
Tag: editor-pick
Rolls-Royce, BAE Systems Raise Profit Forecasts Amid
Rolls-Royce and BAE Systems have both raised their profit forecasts as global defence spending increases. The…
Apple Reaches $5 Trillion Market Cap Amid Rising Concerns
Apple Inc. achieved a market capitalization of $5 trillion for the first time on July 28,…
Microsoft Q4 Earnings Surge 18% on Cloud and AI Growth
Microsoft Corporation (NASDAQ: MSFT) reported fiscal fourth quarter earnings that exceeded Wall Street expectations, driven by…
SocGen Reports Record Q2 Profit of €1.79 Billion, Boosts
French bank Societe Generale (SocGen) reported a record net income of €1.79 billion (US$2.04 billion) for…
Eurozone, US Economies Show Growth Amid AI Investment Surge
The eurozone economy expanded by 0.4% in the second quarter, surpassing expectations of 0.2%, driven by…
Robinhood Reports Record Q2 Revenue of $1.31 Billion
Robinhood Markets reported record revenue of $1.31 billion for the second quarter, exceeding analyst expectations of…
Bank of England Holds Rates, Signals Possible Hikes Ahead
The Bank of England is expected to maintain its interest rate at 3.75% during its Monetary…
Oil Prices Dip as Strait of Hormuz Traffic Plummets
Crude oil prices fell on Thursday amid escalating tensions in the Middle East, with Brent crude…
Asian Markets Drop as Fed Holds Rates, AI Stocks Decline
Asian markets fell sharply on Wednesday, with South Korea's Kospi index dropping over 11%, marking a…