U.S. benchmark West Texas Intermediate (WTI) crude dropped as much as 4.5%, extending a sharp reversal that began after signs of easing tensions in the Middle East.
McDonald’s reported adjusted earnings of $3.38 per share for the second quarter of 2026, above the Wall Street estimate of $3.32. Revenue reached $7.10 billion, slightly below the expected $7.12 billion.
The second-quarter reporting season has been one of the strongest in years.
Visa has agreed to acquire Israeli fraud detection company BioCatch for $2.4 billion in cash, adding one of banking's largest behavioral intelligence platforms to its portfolio.
Deutsche Bank has become one of the latest major banks to turn more optimistic on U.S. corporate earnings after a second-quarter reporting season that has consistently exceeded expectations.
New York Fed President John Williams backed the Federal Reserve’s decision to keep the federal funds rate at 3.50%–3.75%, arguing that current policy is restrictive enough to guide inflation toward 2%.
A 15.2% jump in a single session is rare for a company worth more than $2 trillion. The move became Amazon's strongest one-day gain since 2012, adding roughly $350–400 billion in market value.
The U.S. Treasury market extended its selloff Friday after Dallas Fed President Lorie Logan and Cleveland Fed President Beth Hammack reiterated that they favored a 25-basis-point rate increase, reinforcing expectations that monetary policy may tighten further despite this week's pause.
Morgan Stanley has lowered its 2026 China GDP forecast to 4.6% from 4.8% after June economic data pointed to a broader loss of momentum.
Apple reported another quarter of record-scale revenue, beating Wall Street on the metrics that typically move the stock: iPhone sales, Mac revenue, earnings, and gross margin. But none of that prevented the shares from falling about 4% in extended trading.
Buried inside Meta’s latest quarterly filing is a number that dwarfs every AI spending forecast investors have debated over the past year. It isn’t this year’s capital expenditure. It isn’t next year’s guidance. It’s nearly $700 billion in future contractual commitments and long-term leases — agreements that have already been signed.
Global artificial intelligence spending is forecast to reach $2.59 trillion in 2026, up 47% from 2025. Most of that money is still flowing into chips, servers, data centers and cloud capacity rather than into companies using AI to transform individual industries.
AI competition increasingly depends on land, electricity, chips, cooling equipment and construction capacity — not only on models and engineers.
Artificial intelligence has created a new class of infrastructure companies whose products rarely receive public attention. Amphenol is one of them.
Markets have spent months trying to predict the Federal Reserve's next move, but JPMorgan believes investors may be focusing on the wrong question. The real market catalyst is no longer whether policymakers leave interest rates unchanged — it's how they explain that decision.
The race to electrify the global economy is exposing an unexpected bottleneck — and it isn't batteries, software, or artificial intelligence. It's copper.
Brent crude has posted its steepest three-day decline since 2020, dropping roughly 16% to $84.09 per barrel, while WTI settled at $79.26. The selloff followed signs that tensions between the United States and Iran had eased after both sides refrained from new attacks and diplomatic contacts resumed.
Glenmark Pharmaceuticals entered the U.S. market for sugammadex on July 28, 2026, launching 200 mg/2 mL and 500 mg/5 mL single-dose vials immediately after the expiration of Merck's U.S. exclusivity for Bridion.
Behind every advanced AI chip lies a company few consumers recognize. Discover how ASML became the indispensable bottleneck of the global semiconductor industry, why no competitor has matched its technology, and how its €350 million machines power the world's most advanced processors.
China's rise cannot be explained by low wages alone. Cheap labor helped attract foreign manufacturers in the 1980s and 1990s, but it was only the starting point. Over four decades, China built industrial clusters, modern logistics, world-class infrastructure, engineering capacity, and technology companies capable of competing globally. This paper examines the structural drivers behind that transformation.
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Marina Lubimova
Artem Voloskovets
