Microsoft Rides ‘AI Infrastructure Wave’ as Cloud Services Demand Jumps

Microsoft Rides ‘AI Infrastructure Wave’ as Cloud Services Demand Jumps
Microsoft Rides ‘AI Infrastructure Wave’ as Cloud Services Demand Jumps
July 30, 2025  |  Earnings

Microsoft ended its fiscal year with a blowout fourth-quarter performance, driven by demand for cloud and artificial intelligence (AI) services that led to a 34%...

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Carvana Says Refinements to eCommerce Model Deliver Record Quarterly Sales
Carvana Says Refinements to eCommerce Model Deliver Record Quarterly Sales
July 30, 2025  |  eCommerce

Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online...

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Robinhood Rides Crypto Surge, Bitstamp Deal to Nearly $1B Revenue
Robinhood Rides Crypto Surge, Bitstamp Deal to Nearly $1B Revenue
July 30, 2025  |  financial apps

Robinhood Markets on Wednesday (July 30) delivered second-quarter 2025 results that reveal a company pivoting sharply from its roots in commission-free retail trading toward a...

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White House Says 60 Firms Commit to Build Digital Health Ecosystem
White House Says 60 Firms Commit to Build Digital Health Ecosystem
July 30, 2025  |  Healthcare

The White House said Wednesday (July 30) that several healthcare and tech companies pledged to begin building a “next-generation digital health ecosystem.” Get the Full...

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Senator Reintroduces Bill to Create AI Regulatory Sandbox for Financial Services
Senator Reintroduces Bill to Create AI Regulatory Sandbox for Financial Services
July 30, 2025  |  artificial intelligence

A bipartisan bill to establish regulatory sandboxes for artificial intelligence (AI) experimentation in financial services took center stage at a Senate subcommittee hearing Wednesday (July...

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White House Report Says Stablecoins Will Keep Dollar Dominant
White House Report Says Stablecoins Will Keep Dollar Dominant
July 30, 2025  |  Cryptocurrency

On Wednesday (July 30), the White House released its long-awaited report on digital asset policy, marking one of the most concerted federal efforts yet to...

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Investment Banks Expect IPOs to Pick Up in Second Half
Investment Banks Expect IPOs to Pick Up in Second Half
July 30, 2025  |  IPO

Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half. Get the Full Story Complete the...

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Kraken Accelerates Crypto Platform Expansion as Revenue Leaps 18%
Kraken Accelerates Crypto Platform Expansion as Revenue Leaps 18%
July 30, 2025  |  Cryptocurrency

Crypto platform Kraken said Wednesday (July 30) that it accelerated the building of its offerings in the second quarter and is focused on doing the...

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Economy Rebounds on Import Drop and Consumer Spending Strength
Economy Rebounds on Import Drop and Consumer Spending Strength
July 30, 2025  |  Economy

A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according...

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