Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Instagram Outage Disrupts Thousands of U.S. Users 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Amazon shares climbed over 3.5 percent on Thursday after revealing that its first-quarter earnings soared 44 percent on-year to $108.5 billion, beating Wall Street’s expectations for earnings and revenue.
Based on Amazon’s guidance for the second quarter, it expects the momentum to continue and expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection of $108.6 billion.
It should help allay investor fears that business could slow in a post-pandemic environment.
Amazon Web Services posted net sales of $13.5 billion during the quarter, up 32 percent on-year.
Its advertising sales are included in the company’s “Other” category, which grew 77 percent on-year to $6.9 billion.
Amazon CEO Jeff Bezos also revealed that over 175 million Prime members streamed shows and movies in the past year, with streaming hours increasing over 70 percent on-year. Amazon Prime now has 200 million subscribers.
However, sales from its physical stores, which includes Whole Foods Market and Amazon Books, slumped 16 percent to $3.9 billion. The category excludes online delivery, Olsavsky said.
International revenue surged 60 percent on-year, more than any other segment, while those from North America climbed 40 percent.
