Finance
30-Year Treasury Yield Hits 5.2%, Highest Since 2007, After Fed Holds Rates in a 9-3 Vote
Long-term U.S. government borrowing costs rose to a 19-year high on July 29, 2026, after the Federal Reserve left its benchmark rate unchanged for a fifth straight meeting over three dissents.
Microsoft and Meta Report Quarterly Results Wednesday as Investors Weigh AI Spending Plans
Both companies report after Wednesday's close, with attention on Azure's growth rate and Meta's $125–145 billion capital-spending plan for 2026.
Union Pacific and Norfolk Southern File Added Customer Commitments in $85 Billion Merger Review
The two railroads met a July 27 Surface Transportation Board deadline with four new or expanded pledges to shippers, as unions, farm groups and rail customers press the agency to reject the deal.
Intel Beats Q2 Estimates and Raises Capital-Spending Plans; Shares Fall After Initial Gain
Intel reported record data-center growth and its seventh straight quarter above its own guidance, but lifted 2026 capital spending to more than $20 billion and said 2027 will be higher still, splitting investors over whether the spending is a sign of demand or of risk.
Nvidia Reported in Talks to Guarantee About $250 Billion of OpenAI Data-Center Financing; Shares and Credit Insurance Move Sharply
A Wall Street Journal report that Nvidia may backstop lease and debt payments for a 10-gigawatt OpenAI campus in Ohio built by SoftBank's SB Energy sent Nvidia stock down about 5% and pushed the cost of insuring its debt to its biggest one-day rise on record, renewing a dispute over whether AI industry deals are self-reinforcing.
Microsoft, Meta, Apple and Amazon Report Earnings July 29 and 30 as Investors Weigh AI Spending
Four of the largest U.S. companies release quarterly results this week, days after a sharp tech selloff driven by questions about whether record AI capital spending will pay off.
U.S. Spot Bitcoin ETFs Post Two Straight Days of Outflows as Newly Listed Crypto Firms Trade Below IPO Prices
Bitcoin funds shed a combined $465 million over two sessions on July 23 and 24, while Gemini Space Station and BitGo Holdings remain far below their offering prices — a slide the industry calls a normal cycle and critics call a warning.
Fed Meets July 28-29 With Rates at 3.5%-3.75% as Falling Core Inflation and Rising Oil Prices Point Opposite Ways
Most forecasters expect a fifth straight hold, but a post-CPI surge in crude oil has split the committee and the markets over whether the next move is a hike.
Judge Extends Freeze on Paramount Skydance–Warner Bros. Discovery Deal; Companies Agree to Hold Off Closing Until 2027
A federal judge in California extended a restraining order to August 17, and the companies then agreed to a standstill that vacated the August 3 injunction hearing, pushing the antitrust fight toward trial.
U.S. Weekly Jobless Claims Reported at 187,000, Lowest Weekly Total Since 1969
The Labor Department's July 23 report showed new unemployment filings at a 57-year low, and analysts disagree over whether it signals a strong job market or a frozen one.
Seven Largest U.S. Tech Stocks Lose Roughly $770–$800 Billion in One Session After Alphabet and Tesla Raise AI Spending Plans
Alphabet lifted its 2026 capital spending guidance to as much as $205 billion and Tesla reaffirmed a budget above $25 billion, and both companies reported negative free cash flow; investors, analysts and the companies themselves disagree about whether the spending is a moat or a mistake.
Trump Orders Section 301 Trade Probe of EU and Threatens Tariffs After Brussels Fines Google $1 Billion
The move follows two European Commission penalties against Google under the EU's Digital Markets Act, and opens a fight over whether a bloc's tech regulation counts as an unfair trade barrier.