It’s Amazon‘s (AMZN -0.19%) turn to step up to the earnings podium. The online retailer founded by Jeff Bezos is expected to show strong growth in its cloud computing business, Amazon Web Services, and is likely to increase its planned $200 billion capital expenditure budget as memory and storage products become more expensive.
The U.S. Treasury’s Secretary, Scott Bessent, has highlighted the strength of the U.S. economy, pointing to resilient consumer spending, rising wages for lower-income workers, and a significant increase in investments. Core inflation has reportedly dropped to 2.6%, a figure that aligns with recent core consumer price index (CPI) data. Furthermore, record levels of investment are being channeled into the United States,
» Read more about: US economy strength boosts rate hike expectations for September 2026 »
The attraction to make short-term market bets is real. When you think what everyone knows is wrong, it’s tempting to place a bet. And while Kalshi and Polymarket may be better venues for “someone is wrong on the internet” proof-trading,
One of the country’s largest senior citizen groups is speaking out against a new plan to save Social Security.
AARP said the Protecting Retirement Opportunities and Maintaining Income Security for Everyone, or PROMISE, bill introduced by Sens. Duck Durbin, D-Ill., Bill Cassidy, R-La., and six other lawmakers would remove public input from its important role in reforming Social Security.
US tech stocks regained their footing on Tuesday as a sell-off in chip stocks underscored concerns about AI circular financing deals, countering a drop in oil prices and earnings optimism.
The Nasdaq Composite (^IXIC) bounced back from earlier losses to hover near the flat line.
Mid-cap mutual funds have rewarded disciplined investors over the long run, with a majority of schemes delivering strong returns through systematic investment plans (SIPs). Data from Value Research shows that 12 mid-cap mutual funds generated annualised SIP returns of more than 18% over the past 10 years, highlighting the category’s wealth-creation potential despite periodic bouts of market volatility.
» Read more about: Best mid-cap mutual funds: 12 funds delivered over 18% 10-year SIP returns »
The event marks a milestone in Golden Eagle’s mission to define Hypergrowth Stocks as a distinct investment discipline through research, education, and the Dynamic Hypergrowth ETF (NASDAQ: HYP)
NEW YORK, July 28,
For gold investors, all eyes are on the Federal Reserve meeting this week and the July 29 announcement of an interest rate decision.
For now, the central bank is expected to leave rates unchanged and perhaps raise them later in the year, leaving gold in a holding pattern around $4,000 an ounce.
Apple briefly crossed a $5 trillion market capitalization on Tuesday, becoming the second publicly traded company in history to reach the milestone.
Apple stock touched an intraday high of $342.89 on Tuesday, a gain of 1.8%, before retreating from that level. A closing price above $340.43 would be required for Apple to finish the session with a market cap exceeding $5 trillion.
» Read more about: Apple stock hits $5 trillion market cap for the first time »