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date
20/08/2025
US stocks closed mixed on Tuesday, with the Dow hitting a record high in early trading driven by strong gains in Home Depot. Technology stocks generally fell, putting pressure on the overall market. The Dow closed up 0.02%, while the Nasdaq fell 1.43% and the S&P 500 Index fell 0.58%.
Latest
5 m ago
U.S. Treasury bond yields stop falling and fall again, investors betting on the Fed to start cutting interest rates in September.
5 m ago
Thanks to the release of the free version of ChatGPT GPT-5 by OpenAI, the demand for AI reasoning from users has surged, coupled with the increasing calculation time for each query. These factors may drive Microsoft Azure's revenue growth this quarter to exceed the company's forecast (37%) and boost its AI business revenue to double next year. Estimates show that by 2026, Microsoft's total AI business revenue will reach $42 billion, accounting for approximately 12% of its total revenue, far surpassing other cloud providers. Additionally, an improvement in demand is expected for GitHub and M365 Copilot.
5 m ago
Microsoft Azure revenue expected to exceed company forecasts due to increased demand for reasoning driven by GPT-5.
6 m ago
The Trump administration significantly expanded the scope of steel and aluminum tariffs. Standard & Poor's predicts that its policies will bring in "substantial" fiscal revenue.
7 m ago
Federal Reserve Vice Chair Bowman calls for actively embracing cryptocurrency and artificial intelligence to drive transformation of traditional banking system.
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