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7/31
11:19
Meta Platforms (META) shares have fallen 20% since July 15, despite the company reporting second-quarter fiscal 2026 revenue of $60.8 billion—a 28% year-over-year increase that exceeded the expected $60.3 billion—and a 14% rise in ad impressions.However, earnings per share came in at $6.18, below the market consensus estimate of $7.22, primarily due to legal and severance costs.Meanwhile, Meta’s capital expenditures continue to rise, with full-year guidance raised to $130 billion to $145 billion, while second-quarter free cash flow plummeted 90% year-over-year to $784 million.Company management remains cautious about converting idle data center capacity into a broader cloud business and expects third-quarter revenue to range from $61 billion to $64 billion, below analysts’ expectations of $63.2 billion.

In contrast, Microsoft’s (MSFT) Azure business grew by 43%, marking its fastest growth since 2022 and exceeding analysts’ expectations of approximately 40%.Amazon (AMZN) also reported strong AWS revenue results, and its stock price rose by more than 15%. The market views the stock price increases for Microsoft, and Amazon as reflecting that their AI investments are yielding returns, while Meta faces the challenge of high AI spending costs without clear evidence of monetization.
11:13
SpaceX (SPCX) stock experienced volatility this week, falling about 5% for the week. Earlier, the stock hit an all-time low of $108.66 on Monday, then rebounded, but came under pressure again midweek.Investors are closely watching the company’s first-ever earnings report, scheduled for August 4, as well as a massive stock lock-up expiration on August 6, when up to 20% of the shares could enter the open market, raising concerns about an increase in supply.

Additionally, reports indicate that CEO Elon Musk is still pushing for a merger between SpaceX and Tesla (TSLA). This move could trigger strict scrutiny from Chinese authorities, as SpaceX is a U.S. defense contractor, and its integration with Tesla’s operations in China could involve sensitive data and supply chain issues.Analysts also pointed out that SpaceX’s capital expenditures are projected to rise from $48.7 billion this year to $118.4 billion in fiscal year 2028, while its debt is expected to increase from $41.7 billion to over $218 billion, raising concerns about the return on investment in its AI infrastructure.
11:12
Snowflake Inc. (NYSE:SNOW) has raised its guidance, attributing the increase specifically to strong traction with one of its early AI products. This follows the company's first-quarter results, which exceeded consensus expectations for both revenue and earnings. The details were highlighted in Spyglass Capital Management LLC's Q2 2026 investor letter, which noted Snowflake as a top contributor to its growth strategy.
11:12
According to Bankrate's survey of institutions as of July 31, 2026, the national average annual percentage yield (APY) for savings accounts is 0.62%. The survey also indicates that the best high-yield savings accounts are currently offering around 4% APY.
11:11
South Korea will import more than 6 million barrels of crude oil from the United Arab Emirates as part of an emergency effort to stabilize domestic fuel prices.
11:11
Asset management firm TCW stated that while the artificial intelligence boom has led investors to focus on chipmakers, cloud providers, and megacap technology stocks, more durable opportunities also exist within the power sector.
11:10
South Korea’s top shipbuilders are securing a string of orders for liquefied natural gas (LNG) and ammonia carriers, capitalizing on the resilient global demand for energy infrastructure.
11:10
Hyundai Motor Co. announced that its first-quarter operating profit fell sharply by 30%, despite achieving record revenue. The company attributed the decline to disruptions tied to the US-Iran conflict in the Middle East and the impact of US tariffs.
11:09
Candu Energy expects the refurbishment of aging nuclear reactors to drive growth in the industry over the next five to 10 years, as more countries seek to extend the operational life of their nuclear power plants.
11:09
South Korean asset management firms are actively launching exchange-traded funds (ETFs) linked to established and emerging space technology companies, aiming to capitalize on market interest and excitement surrounding SpaceX’s potential initial public offering (IPO).
11:09
The Bank of Korea (BOK) maintained its current interest rate policy on Friday, a decision made amidst ongoing uncertainty surrounding the conflict in Iran. Outgoing Governor Rhee Chang-yong, chairing his final rate-setting meeting, expressed cautious optimism regarding the currency market, anticipating a swift recovery for the Korean won.
11:08
Iran has included the Barakah nuclear power plant in Abu Dhabi, which is South Korea’s first overseas nuclear project, in a list of potential targets.
11:08
Citi stated that investors have shifted towards buying KOSPI pullbacks, driven by record foreign inflows, improving pension fund demand, and tighter retail trading rules. The bank reiterated its 10,000 KOSPI target, noting that solid memory-chip fundamentals, attractive valuations, and potential government support are expected to continue underpinning the market.
11:08
U.S. University of Michigan consumer sentiment for July rose to 55.2, surpassing the consensus estimate of 54.0 and up from 49.5 in June. One-year inflation expectations declined to 4.2% from 4.6% in June, while the five-year outlook held steady at 3.3%, indicating stable long-term inflation expectations.
11:07
US Federal Reserve Governor Lorie Logan stated her preference for an immediate 25 basis point rate hike, arguing that inflation is not on track to sustainably return to the Fed's 2% target. Logan emphasized that taking modest action now would reduce the risk of more aggressive tightening later, and stressed that the Fed cannot rely on unexpected shocks to achieve its inflation goal.
11:07
During its second-quarter earnings call, MicroStrategy stated that the company plans to restore the price of its digital credit product, $STRC, to the $99–$100 range through strategies such as U.S. dollar reserves, the liquidation of Bitcoin, buybacks, dividend management, and prudent issuance.The company also reiterated that it does not intend to issue $STRC at a price below par value, citing lessons learned from 2022 and 2026, as well as the $STRC decoupling event on June 26.
11:07
The US Treasury has informed a number of banks, via the New York Fed, that it may intervene in the Yen market on Friday. Banks were told to stand by for 'future actions', according to a source familiar with the matter.

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