Meta tanks nearly 9%, Microsoft jumps 9% as the AI trade splits Big Tech
Microsoft shares jumped in premarket trading while Meta tanked as investors gave differing verdicts on the two tech giants' earnings.
Thursday, 30 July 2026
Independent coverage of global markets, trade and finance
Microsoft shares jumped in premarket trading while Meta tanked as investors gave differing verdicts on the two tech giants' earnings.
Social Security doesn't just pay retirement benefits to retired workers; in some circumstances, it also provides benefits to...
Enterprise Products Partners (NYSE:EPD - Get Free Report) issued its quarterly earnings results on Tuesday. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimat…
IOWA — Farmer Aaron Lehman's health insurance premiums have more than doubled since the start of the year, after Congress decided not to extend federal subsidies after they ended. As the Iran war drags on, the cost of d…
Wall Street analysts issued several significant stock ratings and target price changes on Friday, spotlighting a mix of technology, consumer, and industrial companies that investors should watch.
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -2.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.06%. September E-mini S&P futures …
British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from the jump in oil and gas prices amid the sprawling Middle East conflict.
The Strait of Hormuz is rattling global trade, but the waterway is just one example of a vital maritime corridor becoming a frontline, in a new age of drones and missiles targeting economic lifelines.
U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve's decision to hold interest rates steady and sought insight on future monetary policy decisions.
Sam Azzarello: What's next for markets and the global economy after a year defined by escalating tariffs, persistent geopolitical tensions, and the rise of artificial intelligence across industries?
Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America as the company showed tentative signs of benefitting from CEO Antonio Filosa's turnaround plan.
We have come a long way with more than 85% of the Fortune 500 using Microsoft AI solutions to shape their future. With 66% of CEOs reporting measurable business benefits from generative AI initiatives, particularly in e…
BEIJING — The U.S. Federal Communications Commission has repeatedly ignored Beijing's restrained stance on product bans, China's commerce ministry said Thursday, threatening retaliation.
Corn futures gave back the bounce from Tuesday, with contracts closing the Wednesday session down 2 to 9 ½ cents, led by the nearbys. The CmdtyView national average Cash Corn price was down 9 1/2 cents at $4.19 3/4.
The wheat complex is showing mixed trade on Wednesday, with contracts firmer in the hard red months. Chicago SRW contracts are slipping lower on the midweek session with losses of ¾ to 2 cents. KC HRW futures are 1 to 2…
Tree.com (TREE) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-r…
CrowdStrike Holdings Inc (CRWD) moved up by 6.40%. The Software & IT Services sector is up by 0.98%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) down 1.11%; Alpha…
Cotton futures were falling on Wednesday with contracts down 70 to 106 points at the final bell. Crude oil prices were down 66 cents/barrel, with the US dollar index back down $0.404 to $98.755.
Cotton futures were falling on Wednesday with contracts down 70 to 106 points at the final bell. Crude oil prices were down 66 cents/barrel, with the US dollar index back down $0.404 to $98.755.
Soybeans posted losses of 13 ½ to 34 cents on Wednesday, with front months leading the charge. The cmdtyView national average Cash Bean price was 31 3/4 cents lower at $11.46 ¼. Soymeal futures were $2.50 to $5.00 lower…
Perseus delivers strong operational performance with cash & bullion increased to US$1 billion
UFP Industries (UFPI) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.7 per share a year ago. These figures are adjusted for …
The U.S. forces began launching strikes against Iran at 8 p.m. Wednesday stateside, retaliating against Iranian missile attacks on American forces in the region, raising the specter of escalating conflict after a brief …
Tourmaline Oil Corp. (TRMLF) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjus…