Microsoft reported $90 billion in quarterly revenue as Azure grew 43% and Microsoft Cloud revenue increased 27% to $59.3 billion. Microsoft shares surged more than 3% in after hours trading Wednesday�...
The exchange plans to seek designated contract market status as it expands beyond spot crypto trading into prediction markets and perpetual products. Binance.US plans to apply for a designated contra�...
Peter Schiff, a notable economic commentator, has stated that Federal Reserve Chair Kevin Warsh has not utilized interest rates or the Fed’s balance sheet as tools to combat inflation. Schiff’s re...
On a tumultuous “Fed Day,” stocks and bonds experienced significant swings, with the 30-year U.S. Treasury yield climbing to 5.10%, its peak since 2007. Major stock indexes saw declines as market ...
In a significant development, three members of the Federal Reserve’s decision-making body dissented in favor of a rate hike, marking the most substantial dissent since September 2016. The move sugge...
The United States has imposed new sanctions on Iran, specifically targeting insurers and additional tankers, according to a report from Reuters. This move is part of the ongoing pressure campaign aga�...
Microsoft’s Azure cloud infrastructure business has reportedly achieved over $100 billion in revenue for fiscal year 2026, according to an internal memo shared by CFO Amy Hood. The memo also highlig...
US and Saudi forces have conducted coordinated airstrikes on Iran-backed Popular Mobilization Forces (PMF) bases in Iraq, resulting in the deaths of approximately 20 fighters, according to reports. T�...
JPMorgan’s latest analysis suggests that the Federal Reserve is likely to maintain the current interest rate at the upcoming meeting, while leaving room for either a hawkish or dovish stance. The fi...
The American Petroleum Institute (API), a major U.S. oil trade group, has voiced its opposition to the recent proposal for tolls in the Strait of Hormuz. This proposal, backed by Gulf actors, suggest�...