THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
Apple Revenue Rises 12% to a September-Quarter Record of $114.5bn
Apple's revenue rose 12% to a September-quarter record of $114.5 billion in its fiscal fourth quarter, the company said, and the iPhone supplied most of the increase. The quarter closed a fiscal year in which…
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Oracle's $10bn Notes Rated BBB, Baa2 and BBB- by Three Agencies
Oracle's $10bn note offering drew investment-grade ratings from Fitch, Moody's and S&P Global Ratings on 2 November; Fitch and Moody's also affirmed…
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TSMC's $265bn Arizona Build Lifts Phoenix Property, Bloomberg Says
TSMC's $265bn chipmaking campus in north Phoenix is driving a property boom across the city's northwest suburbs, Bloomberg reported on Sunday, as…
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S&P Turns Meta's Outlook Negative, Sees 2027 Capex Above $225bn
S&P Global Ratings revised its outlook on Meta Platforms to negative from stable on 30 October and affirmed its AA- rating, forecasting…
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Alibaba's Qwen Joins Apple Intelligence in China From December
Apple will bring the first Apple Intelligence features to iPhone users in China with iOS 27.3 in December, adding Alibaba's Qwen model…
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ExxonMobil Third-Quarter Earnings Double to $15.4 Billion
Two oil majors reported third-quarter results on 30 October: ExxonMobil's earnings more than doubled from a year earlier to $15.4 billion, and…
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Eli Lilly Third-Quarter Revenue Rises 39% to $24.4 Billion
Eli Lilly raised its 2026 revenue guidance by $5.5 billion at the midpoint on 29 October, after third-quarter revenue rose 39%, driven…
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Amazon Q3 Operating Income Rises 61% to $28.1bn, AWS Up 39%
Amazon's operating income rose 61% to $28.1bn in the third quarter, at what the company called its highest operating margin ever, as…
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Cheniere Lifts Q3 Revenue 39% and Raises 2026 EBITDA Guidance
Six large US-listed companies filed third-quarter results with the US Securities and Exchange Commission on 29 October; Cheniere Energy raised its 2026…
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QatarEnergy Secures 3 Million Tonnes a Year of Woodside US LNG
QatarEnergy has signed a 20-year agreement to buy 3 million tonnes a year of liquefied natural gas from Woodside Energy's Louisiana LNG…
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Oracle Sets $225bn+ FY30 Revenue Goal and Caps New Raises at $20bn
Oracle set a goal of at least $225bn in total revenue for fiscal 2030 at its Investor Day on 28 October, and…
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Microsoft Revenue Rises 19% as Azure Growth Reaches 48%
Microsoft's revenue rose 19% to $92.3bn in its fiscal first quarter to 30 September, as growth at its Azure cloud platform quickened…
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Alphabet Q3 Revenue Rises 25%, Net Income to Common Falls 25%
Alphabet's third-quarter revenue rose 25% to $127.6bn, yet net income available to common stockholders fell as a loss on equity securities replaced…
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Visa Profit Rises 18 Percent in Its Fiscal Fourth Quarter
Visa earned 6.0 billion dollars in its fiscal fourth quarter to 30 September, up 18 percent from a year earlier, as net…
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US AI Firm Anthropic Files for Nasdaq IPO, Revenue Up 1,300 Percent
Anthropic, the developer of the Claude artificial intelligence models, has filed to list its Class A shares on the Nasdaq Global Select…
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SpaceX Commits to an Estimated 40 Billion Dollar GPU Lease
SpaceX expects to pay principal of an estimated 40 billion dollars under a master finance lease for graphics processing unit pods, according…
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American Express Profit Up 28 Percent; Union Pacific, Newmont Grow
American Express lifted third-quarter net income 28 percent to 3.71 billion dollars. Revenue rose 9 percent to 20.06 billion dollars. The company…
Read more →QatarEnergy Adds Up to 4 Million Tonnes a Year of Cheniere LNG
QatarEnergy has signed 2 long-term agreements to buy up to 4 million tonnes a year of liquefied natural gas from Cheniere's Sabine…
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Lockheed Backlog Hits 292 Billion Dollars as P&G Sales Rise 4 Percent
Lockheed Martin ended its third quarter with a record order backlog of 291.98 billion dollars, it reported on 22 October. Third-quarter sales…
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Meta Sales Rise 26 Percent as TI, Lam, IBM and Tesla Report
Meta Platforms reported third-quarter revenue of 64.60 billion dollars on 21 October, 26 percent more than a year earlier. Its revenue was…
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SpaceX Revenue Jumps 161 Percent as Netflix, Capital One Grow Profit
SpaceX's third-quarter revenue rose 161 percent to 14.58 billion dollars. A net loss of 1.05 billion dollars a year earlier turned into…
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iPhone Duo Pre-Orders Called Extraordinary as Estimates Reach January
Apple said pre-order demand for the iPhone Duo, its first foldable iPhone, has been "nothing short of extraordinary", in a statement carried…
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Skydance Closes Warner Bros. Deal, Revenue Near 70 Billion Dollars
Skydance, the company formerly called Paramount Skydance, completed its acquisition of Warner Bros. Discovery on 6 October, creating a combined group with…
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Paramount Skydance to Become Skydance and Trade as SKYD
Paramount Skydance said in a filing with the US Securities and Exchange Commission on 2 October that it intends to change its…
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OpenAI Seeks at Least 30 Billion Dollars at a 1.4 Trillion Valuation
OpenAI aims to raise at least 30 billion dollars in a new funding round and is seeking a valuation of about 1.4…
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US Jury Awards Taction More Than 5.7 Billion Dollars in Apple Case
A federal jury in San Diego awarded Taction Technology more than 5.7 billion dollars on 25 September after finding that Apple infringed…
Read more →Paramount Skydance Settles With 12 States Over Warner Bros.
Paramount Skydance has reached a settlement with a coalition of 12 state attorneys general led by California's Rob Bonta, resolving their antitrust…
Read more →Anthropic's Annualised Revenue Is Expected to Pass 100 Billion Dollars
Anthropic is expected to reach an annualised revenue run rate above 100 billion dollars this year as it prepares for a stock…
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Apple’s Foldable Lands at 1,999 Dollars and the Pro Rises 100: The Event Against Our Numbers
Apple priced its first foldable iPhone 1 dollar below the 2,000 dollar floor in the roadmap report we carried on 7 September.…
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Apple’s 2,000 Dollar Foldable Meets a 94 Percent Inventory Build: The Numbers Before 9 September
Apple's new chief executive John Ternus takes the stage on Wednesday 9 September with a foldable iPhone expected to cost more than…
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Nvidia Reportedly Agrees to Acquire Hugging Face for 12.9 Billion Dollars, Nearly Triple Its 2023 Valuation
Nvidia has reportedly agreed to acquire open source artificial intelligence platform Hugging Face for 12.9 billion dollars, a transaction that would extend…
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Apple CEO Handover From Tim Cook to John Ternus Takes Effect September 1
Tim Cook steps down as Apple's chief executive on September 1, 2026, handing the role to John Ternus, the company's senior vice…
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Nvidia Adds 442 Billion Dollars in a Day, Second Biggest Gain in Stock Market History
Nvidia added 442 billion dollars to its market value on Thursday, according to Bloomberg, which called it the second largest one-day gain…
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Alphabet Shares Fall About 17 Percent From Their May Peak as an AI Leadership Reshuffle Meets a 205 Billion Dollar Spending Plan
Alphabet shares have fallen sharply from their spring peak as investors weigh a wave of senior AI departures at Google against a…
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Stripe Reportedly Agrees to Pay More Than 7 Billion Dollars for a Company Valued at 1.3 Billion in May
Stripe has agreed to acquire OpenRouter for more than 7 billion dollars, Bloomberg reported on 16 August. Neither company has confirmed the…
Read more →Who Owns SpaceX: Four Holders, $229 Billion, and One Man’s 84.8% of the Votes
SpaceX's first quarterly report as a public company, together with a cluster of ownership filings lodged in the past week, provides the…
Read more →Nvidia Partners With Six Financial Institutions on 500 Billion Dollar AI Financing
Nvidia has signed memorandums of understanding with six of the world’s largest financial institutions to create financing platforms intended to mobilise more…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent