Microsoft Hits $4 Trillion
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🗞️ Microsoft Nears $4 Trillion Club
Microsoft Set to Hit $4 Trillion Market Cap After Earnings Beat
Tech giant Microsoft is closing in on a record-breaking $4 trillion market cap after posting robust quarterly earnings. A surge in its AI and cloud services fueled investor optimism, reaffirming its dominant global tech position.
💬 Expert Take: “Microsoft’s leadership in enterprise AI is now visibly translating into numbers. We’re seeing a new growth chapter.” — Tech analyst at Bernstein
🗞️ Cabinet Clears ₹2,000 Cr Boost
Cabinet Approves ₹2,000 Cr Grant-in-Aid for NCDC
The Indian government has approved a ₹2,000 crore grant for the National Cooperative Development Corporation (NCDC) to bolster rural development and agri-infrastructure. The fund will improve long-term financing for cooperatives.
🗞️ AIIB Bets Big on India
AIIB Sees India Exposure Growing to $20 Billion in 5 Years
The Asian Infrastructure Investment Bank (AIIB) plans to increase its India exposure from $12 billion to $20 billion over the next five years. The bank is optimistic about India’s growth potential in infrastructure and clean energy.
🗞️ FPIs Dump Indian Bonds Again
FPIs Continue to Sell Indian Debt for 4th Month in a Row
Foreign Portfolio Investors (FPIs) offloaded Indian debt instruments for the fourth straight month in July, citing rising U.S. bond yields and a cautious stance ahead of RBI policy. Total outflows stood at over ₹7,000 crore.
🗞️ Schneider Buys Out JV Stake
Schneider Electric Buys Temasek's Remaining Stake in Indian JV for $5.5 Billion
Schneider Electric has acquired full control of its India joint venture by purchasing Temasek’s remaining stake for $5.5 billion. The move signals Schneider’s long-term commitment to the Indian energy and automation market.
🗞️ Amazon Earnings Soar 35%
Amazon Q2 Profit Jumps 35% to $18.2 Billion
Amazon posted a massive 35% jump in Q2 profit at $18.2 billion, powered by AWS growth and AI services. The e-commerce giant continues to benefit from cost discipline and aggressive cloud expansion.
💬 Expert Take: “AWS is Amazon’s crown jewel, and AI has now added a strong revenue accelerant.” — Jeffries Tech Team
🗞️ CleanMax Plans Confidential IPO
Brookfield-Backed CleanMax to File ₹4,000–5,000 Cr IPO
CleanMax, a Brookfield-backed clean energy firm, is planning a confidential IPO in the range of ₹4,000–5,000 crore. The listing aims to strengthen its capital structure as it expands its renewable energy projects across India.
🗞️ 🇺🇸 Trump’s Eye on Fannie-Freddie
Trump Asks Bank CEOs to Pitch on Fannie, Freddie Stock Offerings
Former U.S. President Donald Trump has reached out to Wall Street leaders about re-privatizing Fannie Mae and Freddie Mac, signaling his interest in reshaping America’s housing finance system if he returns to office.