Meta sharply boosts its 2026 capital expenditures for AI and superintelligence, sparking a surge in share prices as strong revenue and future-growth ambitions guide its strategy.
Microsoft posted strong earnings, but heavy spending on data centers and AI infrastructure weighed on investor sentiment, diluting some of the shine from cloud growth gains.
Norway's parliament has approved a $2 billion plan to purchase long-range artillery systems from South Korea to strengthen national defense against possible threats from Russia. This plan includes the acquisition of artillery from the South Korean company Hanwha Aerospace and its advanced Chunmoo missile system.
The Federal Reserve held key interest rates steady, signaling easing economic risks while inflation and labor market conditions continue to inform data-dependent future policy.
Amazon’s AI-linked layoffs prompt concern among employees about job security, workplace culture, and broader social impacts as the company pivots toward automation and efficiency.
Tesla’s 2025 profit fell 46%, losing its crown as top EV seller while shifting focus to AI and robotics amid growing competition and declining vehicle sales.
The Federal Reserve held interest rates steady, signaling that inflation and labor market risks have eased, suggesting cautious confidence in the economy’s resilience.
Home Depot is cutting 800 corporate jobs and requiring remaining office staff to work on-site five days a week, aiming to increase agility and strengthen ties to its retail operations.
Amazon is closing grocery stores and laying off thousands of employees as part of an efficiency push, highlighting the human impact of corporate recalibration.
Apple CEO Tim Cook said he’s “heartbroken” over Minneapolis events and called for de-escalation, noting a discussion with President Trump in an internal memo.
A CNBC survey found many CEOs consider Minneapolis’ ICE crackdown irrelevant to their business, even as some leaders publicly urge de‑escalation following community unrest.
Gold jumped over 3% to fresh highs as the U.S. Fed held interest rates steady; Asia stock markets traded mixed, reflecting cautious investor sentiment and safe‑haven demand.
Gold tops $5,500 amid fears of dollar debasement, reflecting investor demand for stability and safety in a volatile global market.
The U.S. dollar has weakened amid Trump-era signals, affecting global markets and highlighting the delicate interplay between leadership, confidence, and currency stability.
Starbucks removed the cap on its CEO’s private jet use, citing security needs, signaling a subtle shift in corporate travel policy and executive flexibility.
Home Depot laid off 800 workers and announced that corporate employees will return to the office five days a week, marking a shift in staffing and workplace culture.
Southwest Airlines launched assigned seating on its first flights, replacing a long-standing tradition with a calmer, more predictable boarding experience.
Steak ’n Shake said it will contribute $1,000 to Trump-branded savings accounts for employees’ children, a move blending family benefits with political identity.
Treasury Secretary Scott Bessent reaffirmed a strong dollar stance after remarks from President Trump coincided with a recent decline, highlighting how confidence and policy interact in markets.
Carvana shares dropped 14% after a short seller accused the company of financial weaknesses, reigniting doubts just as the online car retailer was regaining momentum.
Starbucks says its turnaround is ahead of schedule as sales rebound, reflecting operational fixes and improved customer traffic rather than dramatic reinvention.
World token jumped about 27% after reports Sam Altman is considering a biometric social network aimed at verifying human users and reducing bots online.
Microsoft posted strong Q2 cloud earnings as demand for Azure stayed resilient, offsetting a decline in gaming tied to softer console sales and a slower release cycle.
Tesla has taken a stake in xAI, formally linking its future more closely with Elon Musk’s AI ambitions and tying the automaker’s trajectory to a broader technology ecosystem.