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Major US equity indices closed higher on Friday as Amazon (AMZN.O) surged more than 15% after reporting its largest quarterly revenue gain in over four years. Amazon’s results, alongside a similar Microsoft (MSFT.O) report on Wednesday, eased investo

2026-08-01

Major US equity indices closed higher on Friday as Amazon (AMZN.O) surged more than 15% after reporting its largest quarterly revenue gain in over four years. Amazon’s results, alongside a similar Microsoft (MSFT.O) report on Wednesday, eased investor concerns about potential overinvestment in AI data-center capacity. Longbow Asset Management CEO Jake Dollarhide said the reports dispelled worries that Amazon’s spending was a risky 'moonshot.' Apple (AAPL.O) fell 7.4% after warning that supply constraints will weigh on growth, reviving concerns that recent iPhone price increases could damp consumer demand.

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2026-08-01

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending July 28, crude oil speculators increased their net long positions in WTI crude oil by 28,159 contracts to 106,507 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending July 28, crude oil speculators increased their net long positions in WTI crude oil by 28,159 contracts to 106,507 contracts.
2026-08-01

The U.S. Senate Judiciary Committee is scheduled to vote next Tuesday on the nomination of Todd Branch as Attorney General.

The U.S. Senate Judiciary Committee is scheduled to vote next Tuesday on the nomination of Todd Branch as Attorney General.
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