Microsoft reported on July 29 that Azure revenue crossed $100 billion annually for the first time, with Q4 FY2026 cloud growth accelerating to 43%, while Microsoft 365 Copilot reached over 30 million paid seats — more than doubling in the quarter.
Posted inMarkets
Amazon Q2 Revenue Crosses $200 Billion for the First Time as AWS Grows 37%
Amazon reported $200.6 billion in Q2 2026 net sales on July 30, the first time a single quarter has crossed that threshold, as AWS cloud revenue rose 36.7% to $42.2 billion — its fastest growth in 18 quarters.
Posted inEconomy
US Economy Grew 1.5% in Q2, Missing Forecasts as Government Spending Fell
US real GDP grew at a 1.5% annualised rate in the second quarter of 2026, the Bureau of Economic Analysis reported on July 30, missing the 2.1% consensus forecast and slowing from Q1’s matching pace, though private domestic demand accelerated sharply.
Posted inGeopolitics
Beijing Calls Washington Over Trade Curbs as Xi’s September Visit Approaches
Chinese Vice-Premier He Lifeng raised “serious concern” over US trade restrictions in a July 30 call with Treasury Secretary Scott Bessent and USTR Jamieson Greer, as both sides try to stabilise relations before Xi Jinping’s expected September visit.
Posted inWorld
Keiko Fujimori Sworn in as Peru’s President After Narrow Election Win
Conservative Keiko Fujimori was inaugurated as Peru’s president on July 28 after defeating left-wing rival Roberto Sánchez by fewer than 50,000 votes, ending fifteen years of unsuccessful campaigns for the office.
Posted inTech
FCC Bans New Chinese Humanoid Robots Over National Security Risk
The FCC blocked new Chinese humanoid and quadruped robots from the US market, citing risks from built-in sensors and cameras, targeting a country that controls 85% of global supply.
Posted inMarkets
Apple Joins Nvidia at $5 Trillion as CEO Succession Looms
Apple briefly crossed a $5 trillion market cap on July 28, joining Nvidia as the only companies to hit that mark, as CEO Tim Cook prepares to hand over to John Ternus on September 1.
Posted inEconomy
Fed Holds Rates Steady as Three Officials Dissent for First Time Since 2016
The Federal Reserve voted 9-3 to keep rates at 3.5–3.75% for a fifth straight meeting, with three regional presidents voting to hike in the first such triple dissent since 2016.
Posted inGeopolitics
China to Deliver Up to 400 Shoulder-Fired Missiles to Iran Within Weeks
Reuters reports China will ship up to 400 MANPADS missiles to Iran via Pakistan in a $60–70m deal, as Tehran races to rebuild air defences degraded by US and Israeli strikes.
Posted inWorld
Kumamoto Earthquake Kills 28 as Rescuers Race Against Time
A 7.1-magnitude earthquake struck Kyushu island on July 28, killing at least 28 people, collapsing a shopping mall and factory, and leaving 34,900 homes without power.