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AMD Signs Multi-Year Server Processor Agreements with Chinese Customers
AMD is signing long-term server processor agreements with Chinese data center customers. These deals come as CPU prices surge amid an unexpected supply crunch. Reuters reports AMD and rival Intel are both pursuing similar commitments. Most agreements lock in roughly one year of guaranteed supply volume. Some discussions with select customers extend to two years…
META Stock Drops 2.6% as Instagram Suffers Second Outage in 72 Hours
Instagram outage on July 22 left 3,700+ users unable to send messages or load profiles. Meta stock fell 2.6% as the platform suffered its second major disruption in 72 hours.
GOOGL Alphabet Earnings Beat Estimates as Cloud Revenue Soars 82%
On 22 July 2026, Alphabet (NASDAQ: GOOGL) reported stronger-than-expected second-quarter earnings, helped by exceptional growth in its cloud business. Google Cloud revenue jumped 82% year over year, reflecting continued demand for AI services from enterprise customers. The results also showed steady growth in Google’s advertising business despite increasing competition in AI-powered search. While the earnings…
Macquarie Group Leadership Change: Shemara Wikramanayake to Step Down
Macquarie Group announced a major leadership change Thursday, July 23, 2026. CEO Shemara Wikramanayake will retire after eight years leading the firm. She steps down as Managing Director and CEO on 6 November 2026. Greg Ward, Macquarie Group’s Head of Banking and Financial Services, will succeed her. Ward officially takes over on 7 November 2026,…
Southwest Airlines Earnings Beat as Summer Outlook Disappoints Wall Street
On 23 July 2026, Southwest Airlines reported second-quarter earnings that came in ahead of Wall Street expectations, but the market was not impressed. The airline also cut its profit forecast for the rest of the year, which shifted attention away from the strong quarterly results. Higher fuel prices and weaker summer earnings guidance quickly became…
Tesla Shares Fall 4% After Q2 Profit Miss Despite Revenue Beat
Tesla missed Q2 profit expectations with adjusted EPS of $0.33 versus $0.51 forecast, though revenue hit $28.24 billion. Shares fell 4% after the earnings report.
Oracle Stock (ORCL) Jumps After Strong Oracle Financial Services Earnings
Oracle Stock is drawing fresh attention after Oracle Financial Services Software posted blockbuster Q1 FY27 numbers. Consolidated revenue jumped 69% year-on-year to ₹3,125 crore for the quarter ended June 30, 2026. Net profit surged 121% to ₹1,416 crore. The results triggered a wave of buying interest in Oracle-linked shares this week. Oracle Stock Gains On…
SENSEX Falls Over 350 Points as Rising Crude Oil Prices Hit Markets
SENSEX opened weak on Thursday, July 23, 2026, and extended losses through the session. The index dropped over 350 points intraday as crude oil prices surged past $88 a barrel. Rising West Asia tensions and persistent FII selling added to the pressure. This marks the fourth straight session of losses for Indian equities. Why SENSEX…
Samsung Launches Galaxy Z Fold 8 Ultra in India at Rs 1,99,999 on July 22
Samsung launches Galaxy Z Fold 8 Ultra in India on July 22 starting at Rs 1,99,999. Features 8-inch display, Snapdragon 8 Elite Gen 5, 200MP camera, and 7 years of OS updates.