📈 Stocks / Finance

Amazon dips on soft income outlook despite earnings beat

Investor’s Business Daily

Amazon stock fell 2% after Q3 operating income guidance of $18B missed the $19.5B estimate, despite beating Q2 earnings and sales forecasts. AWS grew 17.5% to $30.87B, and AI efforts were highlighted, but tariff concerns and cautious profit guidance pressured shares.

Microsoft stock surges on Azure, AI-driven earnings beat

Investor’s Business Daily

Microsoft shares rose 4% to $533.50 after Q4 earnings beat expectations, fueled by 39% Azure growth and strong AI demand. Revenue hit $76.4B, up 18% YoY. Guidance and cloud momentum pushed the stock to a record high of $555.45 during the session.

Meta surges 12% on earnings beat and bullish ad outlook

Yahoo Finance

Meta stock jumped 12.1% after Q2 revenue hit $47.52B, beating forecasts by $2.7B. EPS rose 38% to $7.14. Gains were driven by AI-fueled ad growth. A strong Q3 revenue forecast lifted broader tech sentiment, pushing Meta to a new 52-week high of $780.70.

🪙 Crypto

SEC launches ‘Project Crypto’ to bring markets on-chain

CNBC

The SEC unveiled Project Crypto to modernize securities rules for blockchain-based trading. Chair Paul Atkins emphasized reducing regulatory friction to support tokenized equities and super apps, aiming to keep crypto innovation and capital inside the U.S.

🌎 Global Economy

Trump's tariff blitz reshapes trade order, recession risks linger

The Daily News Online

Despite initial backlash, Trump's tariff strategy has yielded side deals with key partners while keeping recession fears alive. Markets have stabilized, but experts warn of fragile agreements, slowed U.S. growth, and inflation risks if consumer costs rise in response to sustained trade pressure.