Headlines
•Microsoft agrees to $38B revenue cap with OpenAI — IPO plans advance as Nadella defends early bet
•AMD surges nearly 80% after Rep. Gil Cisneros's pre-earnings bet and Q2 data center beat
•Ford launches Ford Energy subsidiary to manufacture storage systems — challenges Tesla's energy business
•Amazon kicks off debut Swiss franc bond sale in record six parts
•S&P 500 settles above 7,400 — Nasdaq jumps 4.5%, S&P 500 adds 2.3% as Trump rejects Iran's counter-proposal
•European markets retreat — FTSE, DAX, CAC and Stoxx 600 dip as U.S.-Iran peace deal hopes fade
•China Earns $500 Million Per Hour From Export Supercharged by AI