Gold held near $4,090 as softer US PCE inflation and a weaker dollar supported prices, while Fed rate-hike risks and Middle East tensions capped gains.
Sandisk shares jumped 26% and rose further after hours as Microsoft’s cloud growth revived confidence in AI infrastructure spending.
South Korea’s KOSPI index jumped as much as 17% as SK Hynix and Samsung rallied, reversing a three-day selloff after Microsoft’s strong earnings.
NIO stock rises as strong Q2 deliveries, improving margins and a Goldman Sachs upgrade strengthen investor confidence in the EV maker’s turnaround.
Amazon Q2 revenue rose 20% as AWS growth accelerated to 37%, easing AI spending concerns despite higher capex, negative free cash flow and soft Q3 guidance.
The yen surged 3.3% on suspected intervention as markets reassessed whether the Bank of Japan could turn more hawkish or raise rates again.
Gold rose toward $4,100 after the Fed held rates steady, while Middle East tensions and upcoming US PCE inflation data kept XAU/USD volatility elevated.
Meta stock fell after Q2 2026 profit declined 14%, costs surged and the company raised the lower end of its annual capital expenditure forecast.
Fed Chair Kevin Warsh reaffirms the 2% inflation target, defends central bank independence and warns AI investment could complicate the inflation outlook.
Qualcomm stock fell after fiscal Q3 profit missed estimates, as rising memory costs and weak Q4 guidance overshadowed strong automotive and IoT growth.
Crypto news today: The market holds near $2.19 trillion as Bitcoin trades around $64K, Ethereum extends its uptrend, and volumes remain weak.
Robinhood Q2 2026 revenue rose 32% to a record $1.31 billion, while net income climbed 48% and diluted EPS increased to $0.62.
Samsung Q2 operating profit surged 1,814% to a record as AI memory demand boosted chip earnings and strengthened the outlook for HBM and server chips.
Microsoft Q4 FY2026 revenue rose 18% to $90 billion, while adjusted EPS hit $4.74 and annual Azure revenue surpassed $100 billion for the first time.
Gold trades near $4,022 on July 29 as a firm US dollar and expectations of a hawkish Federal Reserve decision limit safe-haven demand.
Nvidia stock fell below $200 as a proposed $250 billion OpenAI data-centre guarantee revived concerns over AI financing and chip valuations.
Markets are bracing for one of the most uncertain Fed meetings in years as record futures positioning reflects divided expectations. Investors await the FOMC decision, Kevin Warsh's remarks, and clues on the future path of U.S. interest rates.
Silver rises toward $57.80 as traders assess the Federal Reserve decision, rebounding oil prices and renewed US-Iran tensions shaping the near-term outlook.
The Nikkei 225 and Kospi rebounded as record SK Hynix earnings and AI memory demand revived Asian chip stocks after Tuesday’s sell-off on July 29.
Brent crude climbs towards $88 and WTI rises above $82 as fresh Middle East attacks, falling US inventories and OPEC+ plans revive supply fears.
