Today: 3 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Gold Roars Toward $5,400 as Dollar Wobbles, Schiff Warns of Crisis Bigger Than 2008

Gold Roars Toward $5,400 as Dollar Wobbles, Schiff Warns of Crisis Bigger Than 2008

Gold surged 4% on Wednesday, closing in on $5,400 an ounce for the first time as investors sought refuge amid economic and geopolitical turmoil. The rally ignored widespread expectations that the Federal Reserve would hold rates steady. https://www.reuters.com/world/asia-pacific/golds-blistering-rally-continues-past-5200-dollar-plunges-4-year-low-2026-01-28/ It’s crucial now as currency shifts and central-bank policies start shaping daily prices. Gold, seen as a “safe-haven” asset—bought when investors seek refuge from market turmoil—has seen mostly one-way flows throughout January.
28 January 2026
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Dow Jones closes flat after Fed; Microsoft drops, IBM jumps in after-hours ahead of Apple earnings

Dow Jones closes flat after Fed; Microsoft drops, IBM jumps in after-hours ahead of Apple earnings

NEW YORK, Jan 28, 2026, 17:10 EST — After-hours Microsoft dropped nearly 4% in after-hours Wednesday as its AI-driven push sent quarterly capital spending soaring 66% on data centers and chips. IBM jumped roughly 6% after beating fourth-quarter revenue forecasts. Meta climbed close to 4% following its forecast of $115 billion to $135 billion in capex for 2026. Tesla gained about 2%, announcing a roughly $2 billion investment in Elon Musk’s xAI.
28 January 2026
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Amazon confirms 16,000 layoffs after ‘Project Dawn’ email slip as AI drive deepens

Amazon confirms 16,000 layoffs after ‘Project Dawn’ email slip as AI drive deepens

Amazon said on Wednesday it will cut about 16,000 corporate jobs, extending a restructuring that has already thinned its office ranks since October. The new reductions matter because they land in higher-paid corporate teams, where the company is betting software can do more of the work. Generative AI — a type of artificial intelligence that can produce text, images or code — has moved fast from pilots to daily tools across big companies.
28 January 2026
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Meta’s $135B AI Spending Forecast Overshadows a Strong Q4 Beat at Facebook Parent

Meta’s $135B AI Spending Forecast Overshadows a Strong Q4 Beat at Facebook Parent

MENLO PARK, Calif., Jan 28, 2026, 13:33 Meta forecast annual capital spending of $115 billion to $135 billion in 2026 on Wednesday, stepping up its push into artificial intelligence and putting a fresh spotlight on costs even after it beat Wall Street expectations for the holiday quarter. Shares were slightly lower in extended trading. https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx
28 January 2026
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ServiceNow Surprises on 2026 Outlook and a Fresh $5 Billion Buyback After Q4 Beat

ServiceNow Surprises on 2026 Outlook and a Fresh $5 Billion Buyback After Q4 Beat

ServiceNow on Wednesday forecasted annual subscription revenue surpassing Wall Street expectations following better-than-expected fourth-quarter results. The enterprise software company is pushing to reassure investors it can sustain growth despite heavy investments in AI and acquisitions. The board also approved an extra $5 billion for share buybacks, with a $2 billion accelerated repurchase set to kick off soon—an approach that swiftly retires shares via a bank. Timing is crucial. This month, investors have zeroed in on pricey software stocks as a key stress indicator, with ServiceNow emerging as a test case for whether corporate clients continue to buy into the “AI everywhere” narrative.
28 January 2026
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Microsoft beats Azure in Q2, but MSFT stock drops after earnings as AI spending stays in focus

Microsoft beats Azure in Q2, but MSFT stock drops after earnings as AI spending stays in focus

Microsoft just edged past expectations for Azure cloud growth in its fiscal second quarter, but the stock dropped over 7% in after-hours trading following the report. Azure revenue rose 39% in the October-December quarter, beating the Visible Alpha consensus of 38.8%, while total revenue increased 17% to $81.3 billion. As megacap tech braces for a crucial earnings cycle, investors are zeroing in on one key issue: is the AI spending spree driving sustainable revenue growth or just inflating depreciation costs? Microsoft, Alphabet, Meta, and Amazon plan to ramp up AI investments again in 2026, putting their margins and forward guidance under sharper scrutiny than usual.
28 January 2026
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