• July 30, 2024

Oil claws back some losses after Israel retaliates against Hezbollah

By Florence Tan SINGAPORE (Reuters) - Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezb...

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• July 30, 2024

Oil Rises After Industry Report Shows Another US Stockpile Draw

(Bloomberg) -- Oil rose for the first time in four sessions after an industry report pointed to a fifth week of drawdowns in US stockpiles. Brent crude for October traded above $78 a barrel after...

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• July 30, 2024

Fed Expected to Hold Rates and Signal September Cut

(Bloomberg) -- Federal Reserve officials are likely to move closer to lowering interest rates from a two-decade high this week by signaling a potential rate cut in September, though they may stop sh...

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• July 30, 2024

Starbucks reports another quarter of declining sales, reaffirms guidance

Starbucks ( SBUX ) missed the mark on sales again as it reported its numbers Tuesday after market close. Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloombe...

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• July 30, 2024

Stock market news today: Nasdaq sinks, Nvidia drops 7% ahead of Big Tech earnings

Just ahead of a pivotal Fed policy meeting and a clutch of Big Tech quarterly reports, US stocks fell, dragged by a drop of AI chip heavyweight Nvidia ( NVDA ). The S&P 500 ( ^GSPC ) fell by ...

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• July 30, 2024

AMD stock jumps on earnings beat driven by AI chip sales

Chip giant AMD ( AMD ) reported its second quarter earnings after the bell on Tuesday, beating analysts' expectations on the top and bottom lines and posting better-than-anticipated guidance for t...

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• July 30, 2024

Microsoft stock drops over 6% after results fall short in latest AI disappointment

Microsoft ( MSFT ) announced its fiscal fourth quarter earnings after the bell on Tuesday, beating on the top and bottom lines, but missing on cloud revenue expectations, sending shares of the sof...

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• July 30, 2024

Feds arrest Princeton grad ‘Diamondhands’ who raised $257 million for fake crypto social media site

Nader Al-Naji had it all: an Ivy League education, a résumé that included a stint at Google , and connections to the top venture capitalists in Silicon Valley. Then it all came crumbling down. Thi...

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• July 30, 2024

The US national debt just surpassed another milestone: $35 trillion

The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025. ...

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• July 30, 2024

Ex-Glencore Oil Boss Exits Board of Investment Firm He Founded

(Bloomberg) -- Alex Beard, the billionaire former head of oil at Glencore Plc, has left the board of an investment company he founded after exiting the commodity trading giant. Beard’s role as a ...

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