U.S. crude oil prices surged about 6% due to renewed tensions between the U.S. and Iran, pushing WTI to $105.49 and Brent to $117.81 per barrel. This spike in oil prices raised concerns about energy-driven inflation, causing the 10-year U.S. Treasury yield to rise above 4.4%. The stock market showed mixed reactions, with the S&P 500 slipping 0.1% and the Dow Jones down 0.5%, while the Nasdaq 100 gained 0.3%, supported by strong semiconductor stocks. Investors are now focused on the upcoming Federal Reserve decision, expected to keep rates steady at 3.75%, and the earnings reports from major tech companies like Microsoft, Meta, Alphabet, and Amazon.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
