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The tech giant's free cash flow crashed from $8.55 billion to $784 million, and next year's AI bill could be even bigger.
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The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.
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New York sues Kalshi prediction market alleging ‘illegal gambling operation' The GuardianState suit calls Kalshi prediction markets unlicensed, illegal gambling Times UnionNew York sues Kalshi, says prediction market is running 'illegal gambling operation' CNBCNY looks to shut down Kalshi, have it pay $36 billion in new lawsuit Gothamist
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Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter Yahoo FinanceAmazon hikes 2026 capex to $220 billion due to higher memory costs CNBCAmazon.com Announces Second Quarter Results Amazon Investor RelationsAmazon soars as cloud revenue surge allays fears over ballooning AI bets Reuters
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Trump's Gaza Deal Sparks Questions on Whether Israel and Hamas Will Comply The New York TimesTrump brokers Hamas disarmament deal as Saudi Arabia plans Houthi offensive Fox NewsMiddle East expert says Trump's Hamas disarmament plan ‘likely to fail' MS NOWOfficial says Israeli troops won't pull back in Gaza without 'genuine' Hamas disarmament BBCTrump touts Hamas disarmament deal, but uncertainties remain Los Angeles Times
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Oil price rises after Iran says it stops ships in Hormuz reuters.comIran strikes tankers under US escort in Hormuz strait as Trump gathers cabinet to discuss war theguardian.comOil prices rise after Iran says it attacked two tankers transiting Strait of Hormuz CNBC
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Senior FIFA executive says staff were deceived over Infantino's World Cup sell-off plan AP NewsFIFA advances plans for 64-team World Cup review despite private investment backlash espn.comInfantino under huge pressure after plan for World Cup sell-off sparks resignation and rebuke The GuardianOpinion | Give FIFA's Boss the Boot nytimes.com
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Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America.
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