A Japan-linked oil tanker transits the Strait of Hormuz, as the effective closure of the waterway to most international traffic enters its third month.

Mexico will require federal projects to use locally produced steel in response to U.S. tariffs.

Mexico will require federal projects to use locally produced steel in response to U.S. tariffs.

Microsoft reports Q3 revenue of $82.9 billion, up 18% year-over-year, as the company's AI business reaches a $37 billion annual revenue run rate. Net income rose 23% to $31.8 billion for the quarter.

Microsoft reported Q3 revenue of $82.9 billion, an 18% year-over-year increase, with net income rising 23% to $31.8 billion. The company also announced its AI business has surpassed an annual revenue run rate of $37 billion, marking a 123% increase.

Qualcomm beats Q2 estimates, authorizes new $20B share buyback, but Q3 guidance falls short. Q2 rev $10.60B vs est $10.56B, adj EPS $2.65 vs $2.55. Q3 rev guide $9.2B-$10.0B (est $10.26B), adj EPS $2.10-$2.30 (est $2.43).

Qualcomm reported Q2 2026 revenue of $10.60 billion, beating estimates, and adjusted EPS of $2.65. The company authorized a new $20 billion share buyback and provided Q3 guidance below estimates.

Amazon reports Q1 2026 net sales of $181.52 billion, beating analyst estimates of $177.23 billion. The company posts earnings per share of $2.78 and issues Q2 sales guidance of up to $199 billion.

Amazon reported Q1 2026 net sales of $181.52 billion and earnings per share of $2.78, both exceeding analyst expectations. The company also provided Q2 net sales guidance ranging from $194.0 billion to $199.0 billion.