X @Bloomberg
Bloomberg· 2026-07-29 22:00
Touted by their makers as “truth machines,” election prediction markets are increasingly cited as political barometers. But new evidence shows they’re susceptible to manipulation. https://t.co/osp54eZi6T ...
Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
CNBC Television· 2026-07-29 22:00
Financial Performance - Microsoft reported revenue beating expectations, reaching $90.1 billion [1] - GAAP EPS exceeded expectations, with adjusted EPS for the quarter reaching $4.74 [1] - The EPS calculation excludes the impact from OpenAI, but includes a $3.2 billion gain related to Anthropic [1] Cloud and AI Growth Dynamics - Azure revenue growth reached 43%, outperforming the street expectation of 40% [2] - Azure annual revenue surpassed $100 billion for the first time [2] - Microsoft 365 Copilot surpassed 30 million paid seats, reflecting strong customer confidence in AI transformation [2][3] Market Reaction - Microsoft shares traded more than 3% higher following the earnings report [3]
XRP AI MEGA RUN INCOMING?! Ripple Insider Confirmed What's Next!
NCashOfficial - Daily Crypto & Finance News· 2026-07-29 22:00
Market Trends and Industry Dynamics - AI agents will require dedicated financial infrastructure, potentially transacting at a volume equivalent to **10 times** the human population, scaling from **8 billion** humans to **80 billion** agents[1][2][6] - Coinbase CEO Brian Armstrong highlights that AI agents cannot open traditional bank accounts, leading to the use of crypto wallets and achieving **176 million** payments in a year[8] - The AI mega-trend is considered inherently bullish for the cryptocurrency industry, serving as general-purpose infrastructure that underpins advanced technologies rather than competing with them[3][5][6] Investment Opportunities and Technical Performance - Base serves as a major hub for the agentic economy, handling **90%** of X402 transactions, while utilizing smart contracts as guardrails for AI exposure and risk management[2][4] - The XRP Ledger ecosystem has achieved over **1 million** and **1.5 million** agentic transactions settled utilizing the X02 facilitator, demonstrating high throughput compared to competing networks[12][17][26] - XRP transaction fees are extremely minimal at approximately **0.0001%** (represented as **four zeros before one**), providing a significant cost advantage over competing networks like Base where fees can reach **$2**[27][28][29] Strategic Partnerships and Infrastructure Development - Strategic collaborations between T54, Evernode, and the XRP Ledger aim to integrate agentic finance infrastructure, bringing verification, risk assessment, and compliance to autonomous treasury management[10][31][32][33] - Ripple has joined the X402 Foundation as a premier member within a **40-member** organization that includes major global financial institutions and corporations[36][37]
X @BSCN
BSCN· 2026-07-29 21:58
Meta and Microsoft Q2 earnings: markets punish one, reward the otherThe after-hours verdict was split. $META fell about 8% after EPS of $6.18 missed the $7.14 consensus, while (@Microsoft) $MSFT rose roughly 3% on a clean beat, $4.81 against $4.24 expected on $90B revenue.@Meta's revenue was fine at $60.8B, up 28%. The miss came from a $2.4B legal charge and $1.2B in severance, but the number doing the damage is capex: $31.1B in the quarter crushed free cash flow to $784M, with full-year spending guided at ...
Market Today: Fed Holds Rates, Tech Earnings Volatile, Dow Drops 1,100
GuruFocus· 2026-07-29 21:57
Macroeconomic Policy and Market Trends - US Federal Reserve maintained unchanged interest rates due to persistent inflation pressures [1] - Dow Jones Industrial Average plummeted over 1,100 points alongside steep declines in S&P 500 and Nasdaq driven by rising Treasury yields [2][3] - United States personal bankruptcy rates exhibited an upward trend amid high inflation and elevated interest rates [8] Corporate Financial Performance - Meta Platforms shares dropped nearly 10% following second quarter earnings misses and disappointing revenue outlooks [3] - Microsoft reported fourth quarter revenue of $90 billion driven by cloud computing and artificial intelligence growth [4] - Starbucks posted better-than-expected third-quarter sales and raised full-year guidance [4] - Ford Motor Company lifted its 2026 outlook following stronger-than-expected earnings [4] - Micron Technology stock surged 637% over the past year amid a memory chip super cycle [5] - Carvana shares fell 15% after 2026 earnings guidance missed Wall Street expectations [5] Industry Developments and Investments - Energy sector and private investors announced multi-billion dollar investments in Kentucky, including $100 billion for the Paducah gaseous diffusion plant site redevelopment [6] - Meta, Google, and BlackRock invested $265 million in apprenticeship programs for artificial intelligence data center electricians and carpenters [7]
Israeli UN Ambassador: Israel 'will apply more power’ in Gaza if Hamas does not disarm
NBC News· 2026-07-29 21:55
And back here in Washington, Israeli Prime Minister Benjamin Netanyahu, who attended Senator Graham's funeral services yesterday, met with Defense Secretary Pete Hex today. The meeting at Blair House near the White House, comes after the Israeli leader meeting yesterday with President Trump. Netanyahu's office posting these pictures from the Oval Office.The leader's first in-person meeting since the war with Iran began. A spokesman for the prime minister says Israel still prefers a diplomatic end to the war ...
X @Bloomberg
Bloomberg· 2026-07-29 21:55
Trump announced a long-overdue overhaul and expansion of Washington Dulles International Airport, his latest effort to remake the region around the nation’s capital https://t.co/psa3Cemyjt ...
X @BSCN
BSCN· 2026-07-29 21:55
Every US platform is converging on the same product. Robinhood's event contracts just did $156M in a quarter, up 10x, and now Binance US wants a DCM license too.Eleanor Terrett (@EleanorTerrett):🚨SCOOP: @BinanceUS plans to apply to the @CFTC for a Designated Contract Market (DCM) next month with the goal of offering prediction markets to customers, CEO @Stevie_Satoshi just told me on stage at @RareEvo Conference.The move is part of the exchange’s broader comeback ...