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Microsoft adds record $450 billion in market value on strong cloud growth forecasts
Microsoft said its spending plans remain on track, forecasting capital expenditures of $50 billion for the first quarter of fiscal 2027
U.S. Q2 GDP growth slows to 1.5 percent as consumer spending jumps 3.2 percent, AI investment offsets trade and inflation risks
Strong household demand offsets pressure from trade and geopolitical uncertaintyÂ
Bank of England holds interest rates at 3.75 percent in 6-3 vote as inflation risks rise
Policymakers retain flexibility while monitoring wages, prices and global energy markets
Meta free cash flow collapses 91 percent as AI capex forecast reaches $145 billion
Quarterly free cash flow fell to $784 million as Meta accelerated investment in artificial intelligence infrastructureÂ
Japan cuts fiscal 2026 growth outlook to 0.9 percent as energy costs rise
Higher oil prices are expected to weaken household spending and corporate profits while pushing inflation higherÂ
Apple overtakes Nvidia as world’s most valuable company
Apple's market value climbed to about $4.94 trillion, topping Nvidia's roughly $4.83 trillion
ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook
Policymakers are assessing whether the energy shock will create persistent price pressuresÂ
Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike
Tokyo said it was prepared to take decisive action against excessive currency movements
U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease
The surprise slowdown offers relief to households while renewed energy risks cloud the outlook
Trump tariffs could hit 60 economies as 10 percent global levy expires
The administration is considering duties of up to 12.5 percent under a forced-labor trade investigationÂ
U.K.’s first AI minister attends Cabinet as Britain invests over $1 billion, targets training for 10 million workers
From Bihar to Cabinet, Kanishka Narayan takes leading U.K. AI role
