921 stories · Page 20 of 93
On 30 July 2026 Microsoft reported that Azure revenue surpassed $100 billion for the first time, growing 43 % in the June quarter, and—via an accounting change—lowered its reported 2026 capital-expenditure target to about $175 billion.
In the week before the 29-30 July meeting, CME data show the implied chance of a surprise 25 bp rate increase jumped from 15.5 % to 36.5 %, an unusually large repricing driven by hawkish dissents, oil-shock inflation fears and mixed macro data.
Saudi Aramco halted operations at its Jazan refinery on 27 July 2026 after a Houthi missile-and-drone attack damaged the IGCC unit and tank farm, removing a key Red Sea fuel hub until at least mid-August.
On 27 July 2026 Brent crude fell roughly 8% below $88 when Washington paused a 13-day bombing run and Tehran reciprocated with three days without attacks, prompting traders to strip the “war premium” tied to a potential Strait of Hormuz closure.
Brent’s $8 slide since Thursday trimmed CME FedWatch odds of a July 29 rate increase to 33% from 40%, crystallizing a rare split between futures markets and economist surveys days before Kevin Warsh’s guidance-free FOMC meeting.
WSJ reports reveal Nvidia is negotiating to underwrite up to $250 billion of debt so OpenAI can lock in SoftBank’s planned 10-gigawatt data-center campus in southern Ohio—an unprecedented private guarantee aimed at advancing a $500 billion AI-compute complex.
On 27 July 2026, a three-day pause in U.S.–Iran hostilities slashed Brent crude by roughly 8-10 %, knocking it from last week’s $100 spike to under $90 and erasing most of the Strait-of-Hormuz conflict premium.
On 25-26 July 2026, during President Lee Jae Myung’s San Francisco AI Summit, Samsung, SK Group and other Korean firms signed memoranda and long-term purchase commitments totaling about $950 billion to provide high-bandwidth memory, foundry services and 5 GW of AI data-centre capacity to U.S. tech giants, formally anchoring South Korea as a primary node in the global AI hardware chain.
On 26 July 2026, the firms signed a federal-court stipulation pausing closure of their $110-111 billion merger until a merits ruling or 1 June 2027, abandoning near-term injunction fights to speed a decisive trial.
On 27 July 2026, CXMT’s shares rocketed from the ¥8.66 offer price to ¥49.50 (+≈470%), instantly valuing the nine-year-old DRAM producer at roughly ¥3.3 trillion ($487 bn) and overtaking ICBC as mainland China’s most valuable listed firm.
Multi-perspective news analysis delivered to your inbox—free. We read 1,000s of sources so you don't have to.
