Gerdau Q2 2026 slides: North America drives EBITDA to 3-year high

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. Rivals Microsoft and Alphabet’s Google also reported solid cloud revenue growth. Amazon’s e-commerce business saw increased activity during its Prime Day event. The company’s investments in AI infrastructure are now showing clear returns.

India’s gold jewellery demand is showing signs of recovery as stable prices and retailer discounts draw consumers back to stores, the World Gold Council said. Festive season orders have begun picking up, while gold ETF inflows and digital gold purchases also rebounded despite weaker demand for bars and coins.

European shares held steady as dealmaking took center stage, with a potential takeover of easyJet by Castlelake boosting travel stocks. Declining oil prices also supported sentiment, though geopolitical tensions remain a concern. Ferrari’s new manual gearbox sports car launch pleased enthusiasts, while Thales’ drone acquisition plans were noted. Investors are cautiously weighing corporate news against…