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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…
Gold & Silver Price Today: Check 24K Gold, 22K Gold and 999 Silver Rates
Gold Price and Silver Price both moved higher in India on Thursday, July 23, 2026. 24K gold trades near ₹14,651 per gram, up ₹229 from the previous session. 22K gold stands at ₹13,430 per gram. Silver holds steady at ₹2,40,000 per kilogram across Delhi and Mumbai. Rising West Asia tensions continue to drive safe-haven demand…
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.
Southwest Airlines Cuts 2026 Profit Forecast as Fuel Costs Surge July 23
Southwest Airlines cuts full-year earnings guidance to $3.25-$4.25 per share from $4.00 after fuel costs surge $900M in Q2. Stock falls 2.1% on July 22.
Capital One $425 Million Settlement Faces Appeal, Payouts Postponed
On 18 June 2026, an appeal was filed against the $425 million Capital One class action settlement, delaying payments that many customers expected to receive. The case centres on claims that Capital One kept many 360 Savings customers in lower-interest accounts while offering higher rates through a newer savings product. Many eligible customers had been…