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MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat

MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock. Microsoft has guided to roughly $80 billion in AI data center spending this fiscal year, and the Street wants to know if that money is actually getting deployed. The headline results were solid and prompted initial gains in MSFT after hours as it beat top- and bottom-line: *MICROSOFT 3Q...
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Jun 26, 2026 / Tyler Durden
The Average Asian American Household Makes More Than Double That Of Blacks
The Average Asian American Household Makes More Than Double That Of Blacks Median household income differs significantly across racial and ethnic groups in the United States, with one group sitting well above the rest. In 2024, Asian households reported a median income of $121,700, nearly $30,000 higher than White alone, non-Hispanic households and more than double the median income of Black households. These differences reflect a mix of factors, including education, geography, occupation, household composition, immigration patterns, and historical inequalities. This graphic, via Visual Capitalist's Bruno Venditti, ranks median household income by race...
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Aug 10, 2026 / Dave DeCamp
Influential Retired IDF General Says Gaza Should Remain ‘Destroyed for Generations’
A retired Israeli general who has had significant influence on Israel’s operations in Gaza has called for the Palestinian territory to remain in a state of devastation “for generations,” Middle East Eye reported on Monday, citing Israeli media. “Israel has no interest in Gaza being rebuilt, it is better for us that it be destroyed […]
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Jul 15, 2026 / Tyler Durden
WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms'
WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms' Oil prices are marginally higher overnight after President Trump reinstated the blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. US Central Command said it completed a morning round of strikes on Iran that further degraded its ability to attack commercial shipping in Hormuz. It comes a day after attacks on ships that had been participating in so-called shuttle runs that...
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