Amazon Achieves $3 Trillion Milestone: Cloud and AI Propel Historic Valuation
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August 4, 2026
Amazon's market cap soars past $3 trillion, fueled by a 15% stock jump. Record AWS cloud revenue growth and increased AI-focused capital expenditure are driving this historic valuation, cementing Amazon's position as a tech titan.
India’s Q1 Fiscal Deficit Nears 18% of Annual Target Amid Subsidy Surge and Modest Tax Growth
August 1, 2026
India's Q1 fiscal deficit reached 18% of its annual target, primarily driven by a significant surge in fuel and fertilizer subsidies amidst global price volatility. This performance underscores the challenges in balancing expenditure with modest tax…