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Amazon (NASDAQ: AMZN) Jumps Nearly 17% After Q2 Revenue Beat; AWS Cloud Growth Strengthens, Annual Target Raised to $220B
Amazon shares jumped as much as 17% on July 31, 2026, extending a sharp after-hours rally from its Q2 report. The stock had already surged over 9% in extended trading Thursday night. Amazon posted $200.6 billion in Q2 revenue, up 20% year-over-year, crossing $200 billion for the first time. AWS revenue climbed 37% to $42.2…
Thermax (NSE: THERMAX) Plunges 16% After Q1 Profit Slumps 83% on ₹91 Crore One-Time Project Cost Overrun
On July 31, 2026, Thermax Ltd. (NSE: THERMAX) shares fell nearly 16% after the company reported a sharp decline in its first-quarter FY27 earnings. Net profit dropped 83% from a year earlier, mainly because of a ₹91 crore one-time project cost overrun in its Industrial Infra business. The weaker earnings, along with cautious comments from…
Universal Music (UMG) Plunges 23% as Subscription Revenue Growth Slows to 6.7%; Vivendi (VIV) Falls 18%
Universal Music Group shares plunged 23% Friday after subscription revenue growth slowed sharply. UMG’s subscription growth decelerated to 6.7%, down from 7.9% in Q1. The stock hit a new 52-week low of €14.88 during Friday’s trading. Trading in UMG’s Amsterdam-listed shares was briefly halted following the plunge. Vivendi, UMG’s largest shareholder, fell as much as…
Microsoft Surges 15% to $451 After Azure Growth Accelerates to 43%
Microsoft stock rallies 15% to $451 after Q4 earnings beat, Azure accelerates to 43% growth, and Copilot seats hit 30 million. The largest single-day market gain in history.
Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…
Bellamy Backs Munster’s PNG Move as Storm Coach Battles Health Crisis
Craig Bellamy supports Cameron Munster exploring PNG Chiefs move while battling health issues. Munster delays talks until November 1 free agency date.
Swiggy (NSE: SWIGGY) Falls Over 5% After Q1 Results Despite 37.3% Revenue Growth to ₹6,812 Crore & Narrower ₹791 Crore Loss
Swiggy shares fell as much as 5.31% on Friday, July 31, 2026, hitting an intraday low of ₹280.20. The decline came despite strong Q1 FY27 results announced Thursday, July 30. Revenue from operations jumped 37.31% year-on-year to ₹6,812 crore. Consolidated net loss narrowed 33.92% to ₹791 crore, from ₹1,197 crore a year earlier. Shares later…
HSBC to Sell $36 Billion in Mortgages as Australian Banking Operations Wind Down
On July 31, 2026, HSBC announced it will sell its A$36 billion (US$25 billion) Australian mortgages portfolio to Blackstone as it moves ahead with its plan to leave Australia’s retail banking market. The transaction is one of the country’s biggest banking deals in recent years and follows HSBC’s effort to simplify its global business. Existing…
NZX Shares Fall 0.46% Despite Strong US Market Performance
NZX shares slipped 0.46% on July 31, 2026, even as Wall Street posted a strong rebound overnight. The benchmark NZX 50 fell from Thursday’s close of 13,976.67 to trade near 13,909.45. That pullback followed three straight record closes earlier in the week, with the index sitting just below its 52-week peak of 14,000.35. Why NZX…