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Market News

Location American Market News for 31 July 2025
Shares soared in after-hours trading after Meta delivered strong results and its outlook easily surpassed consensus.
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The tech giant is on pace to join Nvidia in the $4 trillion market cap club.
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Subscription revenue failed to offset weaker trading revenue.
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Shares were down around 5% on Thursday afternoon despite a beat-and-raise quarter.
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The earnings report will give investors a fresh look at how Amazon is navigating tariff-related uncertainty.
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User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year over year, and hours engaged up 58%.
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Apple, Meta and Nvidia still mention their rivals in annual reports. It's a practice that Alphabet, Amazon and Tesla gave up years ago.
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TCS layoffs: Can job loss insurance help if you get laid off? As TCS announces layoffs affecting 12,200 employees, job loss insurance is in sharp focus again. Here's what to do if you lose your job overnight. 
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From family vacations to business trips, here's how large foreign expenses affect your taxes According to the Income Tax Act, even if your income is tax-exempt, you still need to file an ITR if you spend more than ₹2 lakh on foreign travel for yourself or anyone else. 
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Comcast beat analyst estimates for its second-quarter earnings, yet reported another quarter of broadband customer losses.
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CVS CEO David Joyner pointed to strength in its retail pharmacy and improvement in its insurance unit, Aetna, which is grappling with higher medical costs.
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The Budweiser maker said volumes declined 1.9% year-on-year over the three month period, well ahead of the 0.3% dip forecast by analysts.
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Shell's second-quarter results come after the energy major announced plans to prioritize shareholder returns and ramp up the cost of savings.
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EBay reported better-than-expected earnings and revenue in its quarterly report.
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