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Home > Latest

Lates News

date
29/10/2026
"New Bond King" Gundlach: Still recommends allocating 30% of assets to bonds using a "barbell strategy."
Latest
6 m ago
Microsoft (MSFT.O) on Wednesday reported quarterly cloud revenue that beat expectations, indicating that the company's massive investments in artificial intelligence are starting to pay off, even as Wall Street grows increasingly cautious about big tech companies' debt-financed, sustained spending increases. In the first fiscal quarter ended September, Microsoft's Azure cloud computing business revenue grew 48% to $33.17 billion, above the market expectation of $32.84 billion. Capital expenditure for the quarter was $45.2 billion, up from $34.9 billion a year earlier. Microsoft had previously forecast capital expenditure of $50 billion for the first fiscal quarter. The company reported free cash flow of $18.6 billion, while the market had expected free cash flow of $8.54 billion. Among hyperscale cloud service providers, Microsoft is also the only one expected to remain cash flow positive next year. Microsoft (MSFT.O) shares rose by nearly 6% at one point in after-hours U.S. trading.
8 m ago
The Dow closed up 0.19%, the Nasdaq rose 0.27%, and the S&P 500 gained 0.28%. Among the stocks with the highest trading volume, Micron Technology rose 5.86%, Meta Platforms fell 1.24%, Nvidia fell 1.17%, and Google-A rose 1.34%.
10 m ago
KLA expects second-quarter revenue of $4.5 billion to $4.9 billion, versus market estimate of $4.52 billion.
16 m ago
Google parent Alphabet (GOOG.O) reported quarterly revenue and profit below market expectations, indicating the company has yet to generate sufficient returns from its AI business to justify its massive investments. Alphabet said revenue for the three months ended Sept. 30, excluding payments to partners, was $111.2 billion, with net profit per share of $2.12, both below Wall Street expectations. Google is racing to build AI infrastructure for itself and its customers, driving capital expenditure to record levels. These investments have helped Google rank among the top suppliers of computing power to AI companies such as Anthropic and Meta. Google is also developing its own AI models and integrating them into consumer-facing products such as its search engine, YouTube and Gmail. However, relative to the scale of spending, these efforts have so far not yielded commensurate returns. Alphabet shares fell as much as 7.9% in after-hours trading.
19 m ago
US Treasury Secretary Bessent: Still seeing deals being reached; Meta Platforms (META.O) through equity financing.
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