Meta and Microsoft smash earnings expectations in race for AI dominance

Meta and Microsoft smashed the EPS and income projections and their shares are rewarding buyers.Beginning with Meta, they reported an enormous quarter, with income coming in at $47.52 billion — that’s a 22% soar year-over-year and properly…

Tech shares surge: Meta and Microsoft lead the cost in a blended market

Sector OverviewThe inventory market is exhibiting blended indicators at present, with a notable surge within the know-how and communication companies sectors. Main gamers are making strikes, setting the stage for attention-grabbing buying…

USDCAD works on its sixth straight up day. Patrons make a play above 100 day transferring common.

The USDCAD is on observe for its sixth consecutive day of positive aspects, with the rally lifting the pair from the July 23 low of 1.3575 to immediately’s excessive of 1.3853—a transfer of roughly 278 pips. Yesterday, the pair broke…

Copper costs plummet as new tariffs (and lack of) shake markets

The value of copper is having one of many worst days on file (if not the worst day – I've information going again to 2015). The present worth is down $1.22 or -21.89%.The catalyst?President Trump imposed new tariffs on copper imports, particularly…

Trump and Mexico Pres. Sheinbaum scheduled to talk this morning

Current Trump and Mexican Pres. Sheinbaum are scheduled to talk this morning. Mexico is about current it tariff proposal sooner or later forward of the August 1 deadline.The place Mexico stands now:USMCA‑compliant merchandise → zero%…

Shares open sharply larger led by Microsoft and Meta

The most important US inventory indices are opening larger with the NASDAQ index main the best way.The positive factors are led by the Microsoft and meta after the earnings yesterday. Meta shares are up near 11%. Microsoft shares are up 6.70%…

The USDJPY trades to new highs after the mud from the financial knowledge settles.

The USDJPY is pushing to a brand new session excessive, breaking decisively above the 200-day shifting common at 149.53 and the 50% retracement of the 2025 decline at 149.375. The pair has additionally cleared the important thing psychological…

US Q2 Employment Price Index +zero.9% vs +zero.eight% anticipated

Prior was +zero.9%Wages q/q +1.zero% vs +zero.eight% priorAdvantages q/q +zero.7% vs +1.2% priorThat is essentially the most complete report on wage progress. The Fed watches it carefully however sadly it is launched quarterly so it is not…

US core PCE for June YoY 2.eight% vs +2.7% anticipated

Core: Prior was 2.7%MoM zero.three% versus zero.three% estimatePCE costs excluding meals and vitality and housing +zero.three% versus zero.2% final monthPCE providers worth excluding vitality and shelter +zero.2% versus +zero.2% final monthThe…

Canada GDP for Might -Zero.1% vs -Zero.1% anticipated

Prior month -Zero.1% Superior estimate for the month of June +Zero.1%The products-producing industries edged down in Might, pushed primarily by a contraction within the mining, quarrying and oil and fuel extraction sector, whereas the manufacturing…