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Microsoft Tops $4 Trillion Valuation; Cloud Strength Fuels New AI Growth Phase
TradingKey – Eastern Time on July 31, tech giant Microsoft (MSFT) opened with a strong surge of 8%, propelling the company's market capitalization to a historic milestone exceeding $4 trillion at approximately $4.1 trillion. Microsoft thus became the second company globally to surpass the $4...
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Thu, Jul 31
Qualcomm shares slide as Apple modem shift, tariffs raise growth concerns
July 31 (Reuters) - Qualcomm QCOM.O shares fell nearly 5% in early trading on Thursday as the looming loss of Apple AAPL.O as its biggest modem customer and higher dependency on premium smartphone chips outweighed its upbeat quarterly forecast.
Reuters
Thu, Jul 31
Confluent falls to 20-month low as large AI customer reduces cloud usage
Software company Confluent's shares CFLT.O plunge 33% to $17.54 - its lowest since November 2023** CFLT reports loss of 24 cents per share - 14th straight quarter of net loss ** Co says a large AI-native customer plans to shift from co's cloud to self-managed deployment for internal data ...Reuters
Thu, Jul 31
India vows to protect farmers as Trump's 25% tariff threat sparks opposition fury
NEW DELHI, July 31 (Reuters) - India vowed on Thursday to protect its labour-intensive agriculture sector, a central sticking point in bogged-down trade talks with the U.S., as Washington threatened 25% tariffs, triggering outrage from the opposition and a slump in the rupee.Reuters
Thu, Jul 31
CoreWeave shares jump on AI demand; Citigroup upgrades rating
AI cloud computing firm CoreWeave CRWV.O shares jump 10.5% to $113.7 in early trading .Citigroup upgrades rating to "buy" from "neutral"; says they have a stronger picture on AI demand highlighted by Microsoft MSFT.O results** Brokerage adds that existing multi-year contracts wi...Reuters
Thu, Jul 31
Meta Soars Over 10% as Ad Revenue Eases AI Spending Concerns
TradingKey -Meta shares soared more than 10% in after-hours trading on Wednesday, following the release of its better-than-expected Q2 2025 revenue and strong Q3 guidance. The social media giant announced an increase in spending, attributing the move to the rapid growth of its advertising business,
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Thu, Jul 31
BOJ turns less gloomy on economy, keeps rate-hike chance alive
BOJ keeps short-term policy rate steady at 0.5%, as expectedBoard revises up price forecasts, tweaks view on risk balanceBOJ tones down warning on uncertainty over trade policyReport warns of second-round effect from rising food costsUeda says Japan making progress toward meeting price goalBy Leika ...Reuters
Thu, Jul 31
The “Split Reality” of U.S. Q2 GDP: 3% Growth Masked by Plunging Imports, Domestic Demand Cools
TradingKey - The U.S. economy rebounded sharply in Q2 2025, with real GDP growth clocking in at 3.0%, reversing Q1’s -0.5% contraction and far exceeding the 2.6% consensus forecast. The strong number has become a centerpiece of President Donald Trump’s economic messaging, but economists warn theTradingKey
Thu, Jul 31
Trump says US will set 15% tariff on South Korean imports under new deal
South Korea agrees to invest $350 billion in US projectsInvestment projects to include shipbuilding, chips, batteriesSouth Korea to purchase $100 billion in US energy productsTariffs on South Korean autos also at 15% on par with Japan, EU By Trevor Hunnicutt and Ju-min Park WASHINGTON/SEOUL, July...Reuters
Thu, Jul 31
Nvidia Faces China Scrutiny Over H20 Chip Security as US Lawmakers Pushed for Tracking Features
TradingKey - On July 31, Cyberspace Administration of China announced that it had summoned Nvidia (NVDA) to address concerns regarding security risks and backdoor vulnerabilities in its H20 computing chips sold to China. The administration requested that the company provide an explanation and submit
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Thu, Jul 31
Yen Survives 150 Test: BOJ’s Inflation Forecast Hike Sparks Rate Rise Speculation
TradingKey - In a move mirroring the U.S. Federal Reserve’s recent signal of policy divergence, the Bank of Japan (BOJ) delivered a surprisingly hawkish surprise on July 31, sending the yen sharply higher and pulling USD/JPY back from the critical 150 level.
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Thu, Jul 31
South Korea automaker shares slip after US trade deal
Seoul, July 31 (Reuters) - Shares of South Korean automakers Hyundai Motor 005380.KS and Kia Corp 000270.KS fell on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, including autos, as part of a trade deal. While the agreement reduces aut...Reuters
Thu, Jul 31
Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal
Samsung expects more orders from big customers after Tesla dealSays Texas factory on track for production in 2026Q2 chip profit slumps 94% from a year earlierProvides no update to plan to supply latest AI chips to NvidiaForecasts robust AI-driven demand backed by investment by cloud service provider...Reuters
Thu, Jul 31
Arm Shares Plunge 8% After Hours — Profit Warning and Chipmaking Pivot Raise Concerns
TradingKey - Arm (ARM.US) delivered a mixed first-quarter earnings report for its fiscal Q1 2026, sending its stock down over 8% in after-hours trading. While revenue beat expectations, profit declined sharply, and weak guidance for the next quarter raised concerns about the company’s costly pivot
TradingKey
Thu, Jul 31
Taiwan cabinet: Taiwan-US tariff talks complete
TAIPEI, July 31 (Reuters) - Taiwan cabinet's on Thursday said Taiwan and the U.S. have completed talks on tariff technicalities and have reached consensus on issues including non-tariff trade barriers."Investment and purchase issues have also been discussed," said a spokesperson, adding ...Reuters
Thu, Jul 31
