Microsoft's Cloud Giant Accelerates Revenue Growth - Meta Alarms Wall Street Despite Advertising Boom - Robinhood Exceeds Expectations and Lowers Cost Forecast - AI Chip Boom Drives Samsung to Record Profit - Starbucks Raises Forecast After Strong Quarter
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On Wednesday, July 29, 2026, US markets faced significant pressure. The Dow Jones fell by 2.2% to 51,594 points, the S&P 500 lost 1.5% to 7,316 points, and the Nasdaq Composite declined by 1.7% to 24,443 points. The outlook for a continued tight monetary policy weighed heavily on the markets. At the same time, oil prices surged dramatically following an Iranian missile attack on US forces and announced retaliatory measures. The heaviest losses came again from the semiconductor sector. Micron Technology plummeted by around 10%, continuing...
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