Market News

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Microsoft Makes History: Surpasses $4 Trillion Market Value Amid AI and Cloud Boom

Microsoft achieves a historic $4 trillion market capitalization, driven by strong Azure cloud growth and AI demand, despite previous layoffs. The tech giant's stock rose over 5.61%...

Market

Arm Holdings Plummets 11% Amid Disappointing Guidance and Bold Chip-Making Venture

Arm Holdings shares fell more than 11% after reporting lower-than-expected Q2 guidance and a dip in Q1 net income. The company's plan to invest in chip development has raised conce...

Market

European Markets Rally as Major Companies Release Earnings Reports and Economic Data Shows Growth

European stock markets opened higher as investors assessed fresh earnings from major companies and positive economic data, including Swiss retail sales growth and stable French inf...

Market

Federal Reserve's Steady Rates Spark Mixed Reactions in US Treasury Yields

US Treasury yields reacted mixedly to the Federal Reserve's decision to keep rates steady, with long-term yields falling and short-term yields rising. Investors weigh robust GDP gr...

Market

European Markets Rally in Premarket as Renault and Lufthansa Report Growth

European stock indexes rose in premarket trading as companies like Renault and Lufthansa reported revenue growth. BMW's sales, however, saw a decline. The DAX, CAC 40, and FTSE 100...

Market

Tech Giants Microsoft and Meta Lead US Futures Higher with Stellar Earnings Reports

US stock futures rose as Microsoft and Meta reported better-than-expected earnings, while the US secured trade deals with South Korea, Thailand, and Cambodia before the August 1 de...

Market

Asia-Pacific Markets Dip as BoJ Holds Rates; Japan's Consumer Confidence Falls While Australia's Retail Sales Rise

Asia-Pacific markets mostly declined following the BoJ's decision to keep interest rates unchanged. Japanese consumer confidence fell in July, while Australian retail sales rose. A...

Market

Gold Prices Surge 1% as Fed Holds Rates Steady, Fueling Safe-Haven Demand Amid Uncertainty

Gold prices rose 1% as the Federal Reserve kept interest rates unchanged, dampening hopes for a rate cut and pushing investors towards safe-haven assets amid economic and geopoliti...