Microsoft Shares Slip Ahead of Q4 Earnings as AI Spending Focus Intensifies
Earnings James Calloway

Microsoft Shares Slip Ahead of Q4 Earnings as AI Spending Focus Intensifies

Microsoft shares declined in premarket trading Thursday, extending Wednesday's 1.41% drop, as the market focuses on the company's upcoming fiscal Q4 earnings and its heavy AI spending.

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Alphabet Faces New Hurdle in India Over Keyword Ads
Regulation James Calloway

Alphabet Faces New Hurdle in India Over Keyword Ads

Alphabet has appealed an Indian court ruling on keyword ads, warning it could reshape digital ad competition. Stock closed at $361.92, down 1.39%.

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Apple Stock Eases as $30B Broadcom Chip Pact and EU Legal Setback Weigh
Technology Sarah Chen

Apple Stock Eases as $30B Broadcom Chip Pact and EU Legal Setback Weigh

Apple shares edged lower Thursday as traders assessed a $30 billion chip partnership with Broadcom and a European court ruling that could reshape its App Store business model.

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Amazon's $25B Bond Sale Highlights AI Spending Surge
Markets Daniel Marsh

Amazon's $25B Bond Sale Highlights AI Spending Surge

Amazon announced a $25 billion bond offering to fund AI investments, with shares dipping 1% as investors weigh debt costs against cloud growth.

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Bitcoin Rebounds to $62,718 as Traders Weigh Fed Minutes and ETF Outflows
Crypto Sarah Chen

Bitcoin Rebounds to $62,718 as Traders Weigh Fed Minutes and ETF Outflows

Bitcoin rose 1% to $62,718 on Thursday as traders weighed a tentative buyer return against a hawkish Fed backdrop and mixed ETF flows.

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Silver Rallies on Dollar Weakness Despite Fed Rate Worries
Commodities Rebecca Torres

Silver Rallies on Dollar Weakness Despite Fed Rate Worries

Spot silver rose to $58.82 an ounce on Thursday, buoyed by a weaker dollar, as traders weigh Fed rate hike risks against safe-haven demand.

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Gold Rebounds Past $4,100 as Dollar Weakens, Geopolitical Tensions Linger
Commodities Rebecca Torres

Gold Rebounds Past $4,100 as Dollar Weakens, Geopolitical Tensions Linger

Gold recovered above $4,100 an ounce, buoyed by a weaker dollar and persistent Middle East tensions, while investors assess Fed rate hike odds and oil's impact on inflation.

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XRP Holds Above $1 as Market Awaits Next Catalyst
Crypto Sarah Chen

XRP Holds Above $1 as Market Awaits Next Catalyst

XRP holds above $1 support amid cautious crypto market, with technicals and macro data in focus. Ripple's EU license adds regulatory clarity.

IBIT
Brent Crude Holds Below $78 as Hormuz Tensions Ease on Supply Signals
Commodities Rebecca Torres

Brent Crude Holds Below $78 as Hormuz Tensions Ease on Supply Signals

Brent crude hovers near $78 amid U.S.-Iran tensions, but supply recovery and EIA outlook cap gains. Market eyes Hormuz risks and OPEC+ moves.

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Musk SEC Settlement Approved; Legal Risks Mount for Major Firms
Regulation James Calloway

Musk SEC Settlement Approved; Legal Risks Mount for Major Firms

A judge approved Elon Musk's SEC settlement but flagged concerns. Paramount-Warner deal faces delay, Nvidia under EU probe, Apple and Meta hit with EU rules.

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Fiserv Leadership Turmoil Intensifies as President Departs After CEO Change
Markets Daniel Marsh

Fiserv Leadership Turmoil Intensifies as President Departs After CEO Change

Fiserv President Dhivya Suryadevara resigned for 'good reason,' deepening management turnover after a recent CEO change and amid talks of selling the debit network.

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Baker Hughes, Novartis, Microsoft Deepen Job Cuts Amid AI Shift
Markets Daniel Marsh

Baker Hughes, Novartis, Microsoft Deepen Job Cuts Amid AI Shift

Baker Hughes and Novartis announce additional U.S. layoffs, while Microsoft and Coursera continue tech restructuring. AI cited in 31% of June job cuts.

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