The Daily Business and Finance Show - Wednesday, 29 July 2026 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days!
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Today's headlines:
- Meta in charts: R&D expenses top $21B in Q2 as AI investment accelerates
- Microsoft Non-GAAP EPS of $4.74 beats by $0.50, revenue of $90B beats by $2.37B
- Nasdaq reversal a bear trap? History says yes
- Microsoft pops as Q4 results top estimates; Azure tops $100B in revenue
- Meta Platforms raises lower end of capex range, sees increased legal expenses in FY26
- Snowflake advances 5%, sets new high
- 3 things to look out for on Thursday
- Vertiv outlines raised 2026 outlook with $14B net sales, $6.70 adjusted EPS and $2.5B free cash flow
Explanations from OpenAI ChatGPT API with proprietary prompts.
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